Review of Contract Price Sample Clauses

Review of Contract Price. The Contract Price shall be subject to review and adjustment pursuant to the terms of this Article 10.7:
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Review of Contract Price. 18.1. Subject to clause 18.2 below and save always in respect of any Commission in respect of which works or Services remain outstanding and not yet completed, E-ACT shall review the rates contained in the Pricing Document on each anniversary of the Commencement Date (the "Review Date") and may at its sole discretion increase such rates and such increase shall take effect in respect of the twelve-month period commencing on the relevant Review Date.
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Review of Contract Price. Price Clause Option 1 – Initial fixed period followed by permitted adjustments: Definition of CPI: the Consumer Prices Index or any official index replacing it. The Contract Prices may, at the Contracting Authority’s absolute discretion, be adjusted in accordance with this clause. Where the adjustment suggests an increase to the Contract Price, this shall be subject to the Contractor providing sufficient evidence demonstrating that its costs have increased (the Contractor shall promptly provide such written evidence or other supporting information as the Authority may require to verify such increased costs). Upon the expiry of the initial fixed period or at least 12 months since the Contract Price was last agreed (whichever is later), the Contract Price may adjust by up to the percentage by which the Consumer Prices Index has changed during the preceding year, as shown in the following example: Current Price = £1,000 CPI percentage change for preceding year = 2.5% Maximum change for consideration = £1,025 (an increase of £25) The CPI percentage shall be obtained from the Office of National Statistics (or any successor Government Department). The index is named ‘CPI: Consumer Prices Index (% change)’ and is based on the ‘CPI All Items Index’. In exceptional circumstances, the Contracting Authority (at its sole discretion) may consider an increase to the Contract Price that is higher than CPI. Any increase in the Contract Price must reflect actual incurred costs associated with the provision of the Goods and/or Services and evidence of such must be provided to the Contracting Authority on request.
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Review of Contract Price. [Indexation]
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Review of Contract Price. [delete if no automatic annual increase in charges]‌
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Related to Review of Contract Price

  • Contract Price 5.01 Owner shall pay Contractor for completion of the Work in accordance with the Contract Documents the amounts that follow, subject to adjustment under the Contract:

  • Completion of Review for Certain Review Receivables Following the delivery of the list of the Review Receivables and before the delivery of the Review Report by the Asset Representations Reviewer, the Servicer may notify the Asset Representations Reviewer if a Review Receivable is paid in full by the Obligor or purchased from the Issuer in accordance with the terms of the Basic Documents. On receipt of such notice, the Asset Representations Reviewer will immediately terminate all Tests of the related Review Receivable, and the Review of such Review Receivables will be considered complete (a “Test Complete”). In this case, the related Review Report will indicate a Test Complete for such Review Receivable and the related reason.

  • Completion of Review for Certain Subject Receivables Following the delivery of the list of the Subject Receivables and before the delivery of the Review Report by the Asset Representations Reviewer, the Servicer may notify the Asset Representations Reviewer if a Subject Receivable is paid in full by or on behalf of the Obligor or purchased from the Issuer by the Sponsor or the Servicer in accordance with the Transaction Documents. On receipt of notice, the Asset Representations Reviewer will immediately terminate all Tests of such Receivables and the Asset Review of such Receivables will be considered complete (a “Test Complete”). In this case, the Review Report will indicate a Test Complete for the Receivables and the related reason.

  • Periodic Review of Costs of Environmental Compliance In the ordinary course of its business, the Company conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the Company and its subsidiaries, in the course of which it identifies and evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review and the amount of its established reserves, the Company has reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, result in a Material Adverse Change.

  • Project Completion Part 1 – Material Completion

  • Contract Schedule The information set forth in the Contract Schedule is true and correct.

  • Contract Purchase Price The amount actually paid or allocated in respect of the purchase, development, construction or improvement of an Asset, or the amount of funds advanced with respect to a Mortgage, exclusive of Acquisition Fees and Acquisition Expenses.

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