NO RETENDERING PROCEDURE Sample Clauses

NO RETENDERING PROCEDURE. Subject to paragraph 4.2, if the provisions of this paragraph 4 (No Retendering Procedure) apply Sub-hubco shall not be entitled to receive any Post Termination Service Amount. If the Authority elects to follow the no retendering procedure in accordance with this paragraph 4 (No Retendering Procedure) after it has elected to follow the procedure under paragraph 3 (Retendering Procedure), then the Authority shall continue to pay to Sub-hubco each Post Termination Service Amount until the Compensation Date, in accordance with paragraph 3 (Retendering Procedure). In agreeing or determining the Estimated Fair Value of the Agreement the parties shall be obliged to follow the principles set out below: all forecast amounts of revenues and costs should be calculated in nominal terms at current prices, recognising the adjustment for indexation in respect of forecast inflation between the date of calculation and the forecast payment date(s) as set out in this Agreement; the total of all payments of the full Service Payments forecast to be made from the Termination Date to the Expiry Date shall be calculated and discounted at the Discount Rate; the total of all costs reasonably forecast to be incurred by the Authority as a result of termination shall be calculated and discounted at the Discount Rate and deducted from the payment calculated pursuant to paragraph 4.3.2 above, such costs to include (without double counting): a reasonable risk assessment of any cost overruns that will arise, whether or not forecast in the relevant base case; the costs of providing the Services reasonably forecast to be incurred by the Authority from the Termination Date to the Expiry Date in providing the Project Operations to the standard required; and any rectification costs required to deliver the Project Operations to the standard required (including any costs reasonably forecast to be incurred by the Authority to complete the Works) and additional operating costs required to restore operating services standards less (to the extent that such sums are included in any calculation of rectification costs for the purposes of this paragraph) the aggregate of: any insurance proceeds received (or held in the Insurance Proceeds Account) or which will be received pursuant to policies maintained in accordance with Clause 53 (Insurance): and amounts payable by the Authority in respect of Capital Expenditure under this Agreement which have not been paid, in each case such costs to be forecast at ...
AutoNDA by SimpleDocs
NO RETENDERING PROCEDURE. If either the Municipality is not entitled to retender pursuant to clause 59 (Termination on Private Party Default) or the Municipality elects to require an expert determination by the Termination Calculation Expert in accordance with this clause 66 (No Retendering Procedure) then the following procedure shall apply:
NO RETENDERING PROCEDURE. If either the Authority is not entitled to retender the provision of the Project under clause 43.1.2 (Retendering Election) or the Authority elects to require an expert determination in accordance with this clause 43.3 (No Retendering Procedure) then the following procedure shall apply:
NO RETENDERING PROCEDURE. If either the Authority is not entitled to retender the provision of the Project under paragraph 1, or paragraph 2.10.2 applies, or the Authority elects to require an expert determination in accordance with this paragraph 3, then the following procedure shall apply:
NO RETENDERING PROCEDURE. 3.1 If either the Authority is not entitled to retender the provision of the Service under paragraph 1 (Retendering Election) or the Authority elects to require an expert determination in accordance with this paragraph 3 then the following procedure shall apply:
NO RETENDERING PROCEDURE. 53.3.1 If either clause 53.3 applies, or the Councils elect to require an expert determination in accordance with this clause 53.3 (No Retendering Procedure) then the following procedure shall apply.
NO RETENDERING PROCEDURE. If either the Authority is not entitled to retender the provision of the Project under Clause 80.5.3 (Retendering Procedure) or the Authority elects to require an expert determination in accordance with this Clause 80.5.4 (No Retendering Procedure) then the following procedure shall apply.
AutoNDA by SimpleDocs

Related to NO RETENDERING PROCEDURE

  • Tendering Procedures i) Section I - Instructions to Tenderers (ITT)

  • ORDERING PROCEDURE Orders placed against this contract may be in the form of an agency issued purchase order on an as-required basis. Or an agency may also use the Arkansas State Purchasing Card (P- Card) to purchase furniture.

  • ORDERING PROCEDURES 6.1 If the Authority or any Other Contracting Body decides to source the Services through this Services Framework then each Contracting Body shall be entitled at any time, during the Term to place an order for the Services from the Supplier by serving an Order in accordance with Framework Agreement Schedule 5 (Ordering Procedure).

  • HIRING PROCEDURE B5.1 The Employer agrees that whenever employees covered by this Agreement are required, the Employer shall call the Union office of the Local Union(s) having jurisdiction.

  • Testing Procedure A. For alcohol testing, the member shall be first given a breath test, at the collection site, followed by a confirmatory urine test only where the breath test reveals an initial positive alcohol level of .04 grams per 210 l. of breath. If the initial breath test results are below this level, testing shall be discontinued; if confirmatory urine tests results are below a level equivalent to .04 grams per 210 l. of breath, the confirmatory test shall be considered negative.

  • Bumping Procedure (1) Regular employees who receive notice of layoff shall have the right to bump employees with less seniority.

  • Hiring Procedures Nothing contained in this Article 4 shall impair any of the rights of the Employer to hire new or additional employees to meet the employment needs of the Employer, in accordance with the terms and provisions of this collective bargaining Agreement or to meet the obligations of the Employer under Article 2, Section H of this Agreement or to take affirmative steps to comply with any requirements under any applicable Federal or State law prohibiting discrimination in employment.

  • Working Procedure Assist in the definition and analysis of vehicle system requirements. Prepare technical specification sheets. Evaluate vendor proposals to ensure the specifications are met. Assist in the generation and checking of test reports. May conduct and witness factory acceptance tests, dynamic performance tests and may provide support for commissioning of vehicles at customers' premises. Perform other related duties as required.

  • Drug Testing Procedures a. The testing procedures and safeguards provided in this policy shall be adhered to by any laboratory personnel administering departmental drug tests.

  • Testing Procedures Testing will be conducted by an outside certified Agency in such a way to ensure maximum accuracy and reliability by using the techniques, chain of custody procedures, equipment and laboratory facilities which have been approved by the U.S. Department of Health and Human Services. All employees notified of a positive controlled substance or alcohol test result may request an independent test of their split sample at the employee’s expense. If the test result is negative the Employer will reimburse the employee for the cost of the split sample test.

Time is Money Join Law Insider Premium to draft better contracts faster.