Common use of PRICING OF ADJUSTMENTS Clause in Contracts

PRICING OF ADJUSTMENTS. All adjustments, including but not limited to “equitable adjustments,” under this Purchase Order shall be based upon Seller’s costs, plus a reasonable profit unless profit is expressly excluded by language of this Purchase Order. Seller’s costs shall be those that are reasonable, allowable, and allocable under the standards of Part 31 of the Federal Acquisition Regulation (and, if this Purchase Order is issued under a contract or subcontract with any Department of Defense entity, Part 231 of DFARS) as in effect in Buyer’s Contract on the date of this Purchase Order.

PRICING OF ADJUSTMENTS. All adjustments, including but not limited to “"equitable adjustments,” ”, under this Purchase Order shall be based upon Seller’s 's costs, plus a reasonable profit unless profit is expressly excluded by language of this the Purchase Order. Seller’s 's costs shall be those that are reasonable, allowable, and allocable under the standards of Part 31 of the Federal Acquisition Regulation (and, if this Purchase Order is issued under a contract or subcontract with any Department of Defense entity, Part 231 of DFARS) as in effect in Buyer’s the Prime Contract on the date of this Purchase Order.