Adjustments to the Guaranteed Sample Clauses
The "Adjustments to the Guaranteed" clause defines the conditions and mechanisms by which previously agreed-upon guaranteed amounts, such as payments or deliverables, may be modified during the course of an agreement. This clause typically outlines specific triggers for adjustment, such as changes in scope, performance metrics, or external factors like regulatory shifts. For example, if a guaranteed minimum payment is affected by unforeseen circumstances, this clause would detail how the new amount is calculated. Its core function is to provide a clear and fair process for modifying guarantees, thereby reducing disputes and ensuring both parties understand how changes will be handled.
Adjustments to the Guaranteed. Maximum Price on account of changes in the Work subsequent to the execution of the Guaranteed Maximum Price Amendment may be determined by any of the methods listed in Section 7.3.3 of AIA Document A201–2007, General Conditions of the Contract for Construction.
Adjustments to the Guaranteed. Maximum Price on account of changes in the Work subsequent to the execution of the Guaranteed Maximum Price Amendment may be determined by any of the methods listed in Article 7 of the General Conditions.
Adjustments to the Guaranteed. Completion Date(s). The Guaranteed Completion Date(s) for Substantial Completion and Final Completion shall be subject to adjustment in accordance with Articles 8 & 10.
Adjustments to the Guaranteed. Maximum Price on account of changes in the Work subsequent to the execution of the Guaranteed Maximum Price Amendment may be determined by any of the methods listed in Article 7 of the General Conditions. § 6.3.3 Adjustments to subcontracts awarded on the basis of a stipulated sum shall be determined Article 7 of the General Conditions, as they refer to “cost” and “fee,” and not by Articles 6 and 7