General price control Sample Clauses

General price control. Where there are no prices established by this Agreement or the FIS Rules, nor any other arrangement approved by the FIS, the City and the LOC shall ensure that the highest prices charged for hotel rooms, conference rooms and related services for anyone attending the FIS Championships, including non-accredited spectators, shall not exceed the lowest average convention prices thereof for the previous four years, (during the same months of the calendar year), adjusted only for such inflation as is established to the satisfaction of the FIS.
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General price control. Where there are no specific prices established pursuant to this Contract by the IOC or by any other arrangement approved by the IOC, such as for newly planned and built hotels, the highest prices charged for hotel rooms, conference rooms, media village(s) rooms and related services for accredited persons attending the Games, shall not exceed the rates of hotels and rooms contained in the City’s application or candidature file for comparable quality and location and services. Where there are specific rates contained in the City’s application or candidature file, should these rates increase, the OCOG shall be financially responsible to pay such increase. The City, the NOC and the OCOG shall ensure that reasonable prices are charged to non-accredited persons attending the Games for hotel rooms in and around the City, and in and around other cities that are hosting events of the Games, upon the occasion of the Games.
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Related to General price control

  • Contract Price and Payment In addition, the Contractor shall be entitled to receive from the payments made by the insurers the amount of the Contractor’s interest in the restoration of the Work.

  • FINAL COMPLETION AND FINAL PAYMENT 9.9.1 Upon receipt of written notice that the Work is ready for final inspection and acceptance and upon receipt of a final Application for Payment, the Architect will promptly make such inspection and, when he or she finds the Work acceptable under the Contract Documents and the Contract fully performed, he or she will promptly issue a final Certificate for Payment stating that to the best of his / her knowledge, information and belief, and on the basis of his or her observations and inspections, the Work has been completed in accordance with the terms and conditions of the Contract Documents and that the entire balance found to be due the Contractor, and noted in said final Certificate, is due and payable. The Architect's final Certificate for Payment will constitute a further representation that the Contractor has fulfilled the conditions entitling him or her to final payment as set forth in Subparagraph 9.9.2 of these General Conditions.

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