CONTRACT CEILING PRICE Sample Clauses

CONTRACT CEILING PRICE. For time and material or unit price contracts with a contract ceiling, if at any time Consultant has reason to believe that an increase in such limitation will be necessary, it will give prior notice to that effect providing a written estimate to complete the Services and proposing a new limitation figure and giving appropriate supporting data so that Client may, at its sole discretion, increase such limitation by written modification to this Agreement. Consultant shall not be required to perform the Services to the extent that such performance exceeds the ceiling price of this Agreement. In the event of a dispute relating to the contract-ceiling price, such dispute shall be resolved in accordance with the Disputes clause of this Agreement.
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CONTRACT CEILING PRICE. Each Delivery Order will contain a "ceiling price" beyond which the Government is not liable for payment and an overall task estimate which represents the estimated value of a particular task. The estimated value of all work and services to be rendered under this contract is $500 Million.
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CONTRACT CEILING PRICE. (a) The amount of $TBD is presently available for payment and allotted to this contract. It is estimated that this amount is sufficient for performance of the contract through TBD. (b) The not-to-exceed xxxxx stated in Section B is the Government’s estimate of the price of the maximum labor and materials required to perform this contract. The parties contemplate that the Government will allot additional funds incrementally to the contract up to the full not-to-exceed amount or to a lesser amount necessary to perform the contract. (c) The Contractor agrees to perform up to the point at which the total amount payable by the Government, including reimbursement in the event of termination for the government’s convenience, approximates the total amount currently allotted to the contract. The Contractor will not be obligated to continue work beyond that point. The Government will not be obligated in any event to reimburse the Contractor in excess of the amount allotted to the contract regardless of anything to the contract in any other clause or provision of this contract. (d) The Contractor shall notify the Contracting Officer in writing at least sixty (60) days prior to the date when, in the Contractor’s best judgement, the work under the contract will reach the point at which the total amount payable by the Government, including any cost for termination for convenience, will approximate the total amount then allotted to the contract. The notification will state (1) the estimated date when that point will be reached and (2) an estimate of additional funding, if any, needed to continue performance through the current period of performance or to a mutually agreed upon substitute date. If after such notification additional funds are not allotted by the date identified in the Contractor’s notification, or by an agreed substitute date, the Contracting Officer, upon the Contractor’s written request, will terminate the contract on that date in accordance with the pro visions of the Termination clause of this contract. (e) If, solely by reason of failure of the Government to allot additional funds in amounts sufficient for timely performance of the contract, the Contractor incurs additional costs or is delayed in the performance of the work under this contract and if additional funds are allotted, an equitable adjustment will be made in the price or in the period of performance, or both. Failure to agree to any such equitable adjustment hereunder will be a dispute con...
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CONTRACT CEILING PRICE. 26.1 If at any time the Subcontractor has reason to believe that an increase in the ceiling of a time and material, unit price or cost reimbursable contract will be necessary, it shall give to Savcor ART prompt notice to that effect, and provide a written estimate to complete the Works and propose a new limitation figure and give appropriate supporting data so that Savcor ART may, in its sole discretion, increase such limitation by written variation to this Agreement. 26.2 The Subcontractor shall not otherwise be entitled to claim any amount which exceeds the ceiling price. 26.3 Any claimed change in the ceiling price shall be dealt with as a claim for costs associated with a Change under Part 15. 26.4 In the event of a dispute arising in relation to the ceiling price, the dispute shall be resolved in accordance with Part 39, and the Subcontractor must continue to perform the Works pending resolution of the dispute.
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CONTRACT CEILING PRICE. This contract has a ceiling price of , which the contractor exceeds at its own risk. The contractor is responsible for managing available funds in accordance with the labor categories and rates incorporated into this contract. The Government is not obligated to reimburse the contractor for costs incurred in excess of the not-to-exceed ceiling price specified in this contract.
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Related to CONTRACT CEILING PRICE

  • Market Value Adjustment Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Closing Price Closing Price shall mean the last reported market price for one share of Common Stock, regular way, on the New York Stock Exchange (or any successor exchange or stock market on which such last reported market price is reported) on the day in question. If the exchange is closed on the day on which the Closing Price is to be determined or if there were no sales reported on such date, the Closing Price shall be computed as of the last date preceding such date on which the exchange was open and a sale was reported.

  • Total Contract Amount The contract total shall not exceed $2,500,000. Pricing shall be per Exhibit E attached.

  • Settlement Price For any Valuation Date, the per Share volume-weighted average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page WMGI <equity> AQR (or any successor thereto) in respect of the period from the scheduled opening time of the Exchange to the Scheduled Closing Time on such Valuation Date (or if such volume-weighted average price is unavailable, the market value of one Share on such Valuation Date, as determined by the Calculation Agent). Notwithstanding the foregoing, if (i) any Expiration Date is a Disrupted Day and (ii) the Calculation Agent determines that such Expiration Date shall be an Expiration Date for fewer than the Daily Number of Warrants, as described above, then the Settlement Price for the relevant Valuation Date shall be the volume-weighted average price per Share on such Valuation Date on the Exchange, as determined by the Calculation Agent based on such sources as it deems appropriate using a volume-weighted methodology, for the portion of such Valuation Date for which the Calculation Agent determines there is no Market Disruption Event.

  • Supervisory Differential Adjustment The Appointing Officer shall adjust the compensation of a supervisory employee whose compensation grade is set herein subject to the following conditions:

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Maximum Total Payment Including the reimbursable expenses shown above (if any), the maximum total payment under this Contract is $ ; this is a not-to-exceed amount, and the District will not pay more than this amount unless specifically agreed to in an amendment executed by the parties.

  • Contract Amount Compensation amount(s), when stated in this Bid Specifications, shall not be construed as either the maximum or minimum amount which Department shall be obligated to accept as the result of this Bid Specifications or any Agreement entered into as a result of this Bid Specifications.

  • Minimum Amounts and Maximum Number of Tranches All borrowings, prepayments, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to $10,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than five Eurodollar Tranches outstanding at any time.

  • Total Price 36.1.1 The Allottee shall make the payment of the Total Price as per the payment plan set out in Schedule C. The Promoter may from time to time raise demand as per Payment Schedule for payment of installments by issuing notices to the Allottee and the Allottee shall make the payments promptly within the time stipulated in such notices. 36.1.2 Besides the Total Price, the Allottee shall be required to pay certain other amounts as mentioned in the Payment Schedule and in Clause 41(b) herein (“Other Charges and Deposits”) at such times as prescribed in the Payment Schedule or as may be demanded by the Promoter from time to time. 36.1.3 Any change of Payment Plan/Schedule shall normally not be entertained but may be entertained on the discretion of the Promoter on payment of an extra charge of Rs. /-(Rupees …………………………………….. only).