Change Order Payment. Unless otherwise specified in the Change Order details, Buyer shall make payment for executed Change Orders as a lump sum against Honeywell’s invoice for the Change Order amount per the terms of such Change Order. If any adjustment results in a decrease in pricing, payments previously made shall be retained by Honeywell and will be applied to subsequent payments as they become due.
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Samples: Projects and Services Agreement, Projects and Services Agreement, Projects and Services Agreement
Change Order Payment. Unless otherwise specified in the Change Order details, Buyer shall make payment for executed Change Orders as a lump sum against Honeywell’s invoice for the Change Order amount per the terms of such Change Order. If any adjustment results in a decrease in pricing, payments previously made shall be retained by Honeywell and will be applied to subsequent payments as they become due.. h.
Appears in 1 contract
Samples: Terms and Conditions