CONSEQUENCES OF THE CHANGES ON THE CONTRACT’S TERMS Sample Clauses

CONSEQUENCES OF THE CHANGES ON THE CONTRACT’S TERMS. Class A Changes Class A changes, except for the cancellation of work or hardware, shall be treated as a new procurement and the terms of the Contract shall, if necessary, be adjusted to take account thereof. If any Class A change causes an increase or decrease in the cost of, or the time required for, the performance of the Contract, an appropriate adjustment shall be made in the price, or the schedule, or both. Each proposed modification shall be priced and submitted in the same detail and on the same basis as the original subject matter of the Contract (e.g. hourly rates, overheads, profit margins, price type, PSS forms, modified payment plans, etc,) unless otherwise specifically agreed. In the event of cancellation of any work or hardware (negative Class A), the Agency reserves the right to audit the relevant costs, in accordance with Clause 10 of Annex I to the General Conditions. Class B Changes The Contractor shall be responsible for all Class B changes and these shall not change the conditions of the Contract. In particular the cost and schedule impacts of changes deriving from the parts procurement activity or of changes necessary to make the subjects of Sub-contracts conform to their technical specifications shall not be borne by ASG. All class B changes between the Contractor and Sub-contractors throughout the whole consortium shall be copied to the Agency/ASG for information, with reference in particular but not limited to price changes and geographical distribution (if any).
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CONSEQUENCES OF THE CHANGES ON THE CONTRACT’S TERMS. Class A Changes Class A changes, except for the cancellation of work or hardware, shall be treated as a new procurement and the terms of the Contract shall, if necessary, be adjusted to take account thereof. If any Class A change causes an increase or decrease in the cost of, or the time required for, the performance of the Contract, an appropriate adjustment shall be made in the price, or the schedule, or both. Each proposed modification shall be priced and submitted in the same detail and on the same basis as the original subject matter of the Contract (e.g. hourly rates, overheads, profit margins, price type, PSS forms, modified payment plans, etc,) unless otherwise specifically agreed. In the event of cancellation of any work or hardware (negative Class A), the Agency reserves the right to audit the relevant costs, in accordance with Clause 10 of Annex I to the General Conditions.
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Related to CONSEQUENCES OF THE CHANGES ON THE CONTRACT’S TERMS

  • Consequences of Default Upon the occurrence of any Event of Default, as defined in the Revenue Sharing Agreement:

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  • Consequences of Termination Upon the termination of this Agreement:

  • Default and Consequences of Default 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

  • Consequences of Breach Without prejudice to any rights that may be available to the Principal/Owner under law or the Contract or its established policies and laid down procedures, the Principal/Owner shall have the following rights in case of breach of this Integrity Pact by the Tenderer(s)/Contractor(s) and the Tenderer/ Contractor accepts and undertakes to respect and uphold the Principal/Owner’s absolute right:

  • Financial Consequences of Non-Performance If the corrective action plan is unacceptable to the Department or Customer, or fails to remedy the performance deficiencies, the Contractor will be assessed a non-performance retainage equivalent to 10% of the total invoice amount or as specified in the Contract. The retainage will be applied to the invoice for the then-current billing period. The retainage will be withheld until the Contractor resolves the deficiency. If the deficiency is subsequently resolved, the Contractor may invoice the Customer for the retained amount during the next billing period. If the Contractor is unable to resolve the deficiency, the funds retained will be forfeited.

  • Effect on Termination of Negotiating Successor Agreement If either Party provides Notice of Termination pursuant to Section 6.3 and, on or before the noticed date of termination (the End Date), either Party has requested negotiation of a new Interconnection agreement, such notice shall be deemed to constitute a Bona Fide Request to negotiate a replacement agreement for Interconnection, services or Network Elements pursuant to §252 of the Act and this Agreement shall remain in effect until the earlier of: (a) the effective date of a new Interconnection agreement between CLEC and CenturyLink; or, (b) one-hundred sixty (160) Days after the requested negotiation or such longer period as may be mutually agreed upon, in writing, by the Parties, or

  • SPECIAL TEACHING ASSIGNMENTS A. Assignments for the Adult Education, Driver Education and Summer School Program will be made by the Board on the basis of preference to teachers possessing permanent teaching certificates regularly employed in the district during the normal school year.

  • Consequences of an Event of Default (a) If an Event of Default specified in subsections (a) through (l), (o), (p) or (q) of Section 7.01 shall occur and, be continuing or shall exist, then, in addition to all other rights and remedies which the Administrative Agent or any Lender may have hereunder or under any other Loan Document, at law, in equity or otherwise, the Lenders shall be under no further obligation to make Loans hereunder, and the Administrative Agent may, and, upon the written request of the Required Lenders shall, by notice to the Borrower, from time to time do any or all of the following:

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