The System Price Sample Clauses

The System Price. The System Price will be paid in stages upon the successful completion of the following Milestones: 1 Advance Payment – upon signing of the Contract 15% of the System Price 2 Completion of System Design Review (milestone no. 2 in the table included in Section 7.3.2 of the Technical Requirements). 20% Price. of the System 4 Completion of SOAK Test and issuance of the Final Acceptance Certificate (COA) for the Basic System (Stage 1) (milestone 3.10 in the table included in Section 7.3.2 of the Technical Requirements). 10% Price. of the System 6 30 day following completion of SOAK Test for AMHS Stage and issuance of a Final Acceptance Certificate. 15% Price. of the System Payments according to the above specified milestones shall be made by the IAA within 30 days as of the receipt by the IAA of the tax invoice issued by the Supplier all subject to the approval by the IAA of the achievement of such milestone.
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The System Price. The System Price will be paid in stages upon the successful completion of the following Milestones: 1 Submission of Detailed Design 10% of Terminal 3 Installation Price / Terminal 1 Installation Price / Timna Installation Price of the System Price 2 Completion of Test Lines testing FAT at factory (milestone no. 3 in the table included in Section 3.7.1 of the Technical Specifications). 10% of the System Price 3 Completion of Test Lines testing on Site for (milestone no. 6 in the table included in Section 3.7.1 of the Technical Specifications). 20% of the System Price 4 Completion of iSAT (milestone 12 in the table included in Section 3.7.1 of the Technical Specifications). 40% of Terminal 3 Installation Price / Terminal 1 Installation Price / Timna Installation Price 5 Completion of OMP and Final Acceptance of the System (milestone 13 in the table included in Section 3.7.1 of the Technical Specifications). 20% of Terminal 3 Installation Price / Terminal 1 Installation Price / Timna Installation Price With respect to Terminal 3 – payment milestones 4 and 5 will be divided based on the progress of the installation in Terminal 3. Payments according to the above specified milestones shall be made by the IAA within 30 days as of the receipt by the IAA of the tax invoice issued by the Supplier all subject to the approval by the IAA of the achievement of such milestone.
The System Price. Preliminary Stage Price will be paid in stages upon the successful completion of the following Milestones: 1 Advance Payment – upon signing of the Contract 20% of the Preliminary Stage Price 2 Completion of FAT for Central System Components and Acceptance of the Installation Readiness Review (milestones no. 3.2 and 3.3 in the table included in Section 7.3.2.1 of the Technical Specifications). 20% of the Preliminary Stage Price 3 Completion of the SAT for all Works of both Stage A and Stage B (i.e. after the acceptance of B C D and E) (milestone no. 4.2 in the table included in Section 7.3.2.1 of the Technical Specifications). 40% of the Preliminary Stage Price 4 Completion of SOAK tests for all Works of both Stage A and Stage B (i.e. after the acceptance of B C D and E). Test and issuance of the Final Acceptance Certificate (COA) for Stage A and for Stage B (milestone 4.4 in the table included in Section 7.3.2.1 of the Technical Specifications). 20% of the Preliminary Stage Price Stage A Construction Price will be paid in stages upon the successful completion of the following Milestones: 1 Completion of FAT and Acceptance of the Installation Readiness Review (milestones no. 1.2-1.3 in the table included in Section 7.3.2.2 of the Technical Specifications). 25% of the Stage Construction Price A 2 Completion of the SAT for Stage WP#BCD (milestone no. 2.2 in the table included in Section 7.3.2.2 of the Technical Specifications). 50% of the Stage Construction Price A 3 Completion of SOAK Test and issuance of the Final Acceptance Certificate (COA) for WP#BCD (milestone 2.4 in the table included in Section 7.3.2.2 of the Technical Specifications). 25% of the Stage Construction Price A Stage B Construction Price will be paid in stages upon the successful completion of the following Milestones: 1 Completion of FAT and Acceptance of the Installation Readiness Review (milestones no. 1.2 and 1.3 in the table included in Section 7.3.2.3 of the Technical Specifications). 25% of the Stage Construction Price B 2 Completion of the Installations and SAT for WP#E (milestone no. 2.2 in the table included in Section 7.3.2.3 of the Technical Specifications) 50% of the Stage Construction Price B 3 Completion of the SOAK Test for WP#E and issuance of a Final Acceptance Certificate (milestone no. 2.4 in the table included in Section 7.3.2.3 of the Technical Specifications). 25% of the Stage Construction Price B Payments according to the above specified milestones shall be made by ...

Related to The System Price

  • Product Price Termination under any of the above paragraphs shall not result in any change to unit prices for Products not terminated.

  • The Price The buyer may wish to apportion the purchase price among the assets first, for tax purposes; and second, so that if by chance some item is not available on completion, there is some yardstick for a claim. In most cases however, the basis for ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . For various tax purposes it may be important to specify ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■

  • THE CONTRACT PRICE A. This Contract is an indefinite-quantity contract for construction work and services. The Estimated Annual Value of this Contract is $2,000,000. This is only an estimate and may increase or decrease at the discretion of Sourcewell. B. The Contractor shall perform any or all Tasks in the Construction Task Catalog for the Unit Price appearing therein multiplied by the following Adjustment Factors:

  • Unit Price Work Work to be paid for on the basis of unit prices as defined and described in the Contract Documents. A percentage markup for overhead or profit shall be included in all unit prices.

  • Product Prices Product prices and validity of product prices are stated in the Offer and/or in the Individual Agreement.

  • Overtime Scheduling 1. Each employee interested in working overtime may volunteer by requesting, in writing, to be added to the voluntary overtime list within his/her building and/or the district-wide voluntary overtime list. They will also indicate whether they wish to work during their vacation period. Such written request to be added to or deleted from the overtime lists may be made at any time; however, if the employee is requesting to be deleted from the list(s), he/she shall not be allowed to rejoin the list(s) for a ninety (90) calendar day period. Such lists shall be maintained on a yearly basis, from September 1st to August 31st of each year. The employer will serve notice to the employees, by a memo into each work area, that overtime lists are being formulated, by August 15th of each year. 2. The list will be compiled for September with the volunteers listed in seniority order. Overtime shall be rotated among volunteers. The rotation shall be continuous through the year until a new list is compiled the following September. If an employee volunteers who was not on the list he/she shall be placed on the list according to his/her seniority and he/she shall be eligible to work overtime in accordance with the normal rotation. 3. To the extent possible, employees will be notified at least four (4) hours prior to the end of the shift of any overtime for that day and by noon on Friday for any Saturday overtime. Any employee who has volunteered to work overtime and is notified in accordance with this paragraph shall be obligated to work the overtime hours in their building unless excused by the supervisor. 4. Overtime assignments will be on a rotating schedule among the qualified employees within each classification who have expressly volunteered for such overtime work. The employer’s obligation to rotate overtime shall be satisfied by calling employees who are working at the time the overtime determination is made (i.e., not on vacation or other leave of absence) in seniority order and offering them the opportunity to work. 5. If there are insufficient volunteers available for any specific assignment, the employer may require the least senior employee in the division to perform the work. 6. Substantiated errors made in the rotation of overtime (Article XIII Section G.4) will be corrected on the basis of offering the by-passed employee an amount of overtime equal to the time lost due to the error of assignment. Depending on the number of hours involved, it is possible that this may take more than (1) one overtime offer/assignment. Acceptance of the compensatory overtime will not change the employees spot in the overtime rotation, thus the employee will remain eligible for overtime in the same rotation as before the error. The compensatory overtime will not be offered at such a time or in such a manner that would purposefully cause inconvenience or inability to the effected employee to comply. In the event the employee declines the offered overtime work, the employee shall forfeit any future claim to the overtime hours in dispute.

  • Price Schedule, Payment Terms and Billing, and Price Adjustments (a) Price Schedule: Price Schedule under this Contract is set forth in Exhibit B.

  • CONTRACT WORK HOURS AND SAFETY STANDARDS As per the Contract Work Hours and Safety Standards Act (40 U.S.C. 3701-3708), where applicable, all Customer Purchase Orders in excess of ,000 that involve the employment of mechanics or laborers must include a provision for compliance with 40 U.S.C. 3702 and 3704, as supplemented by Department of Labor regulations (29 CFR Part 5). Under 40 U.S.C. 3702 of the Act, each contractor must be required to compute the wages of every mechanic and laborer on the basis of a standard work week of 40 hours. Work in excess of the standard work week is permissible provided that the worker is compensated at a rate of not less than one and a half times the basic rate of pay for all hours worked in excess of 40 hours in the work week. The requirements of 40 U.S.C. 3704 are applicable to construction work and provide that no laborer or mechanic must be required to work in surroundings or under working conditions which are unsanitary, hazardous or dangerous. These requirements do not apply to the purchases of supplies or materials or articles ordinarily available on the open market, or contracts for transportation or transmission of intelligence.

  • Contract Price 3.1 For full and complete performance, OWNER agrees to pay CONTRACTOR the sum of $659,258.00 payable in accordance with the terms hereof and to the satisfaction of the OWNER.

  • All new supplies equipment and services shall include manufacturer's minimum standard warranty unless otherwise agreed to in writing. Vendor shall be legally permitted to sell all products offered for sale to TIPS Members. All goods proposed and sold shall be new unless clearly stated in writing. The Vendor shall provide timely and accurate customer support for orders to TIPS Members as agreed by the Parties. Vendors shall respond to such requests within a commercially reasonable time after receipt of the request. If support andƒor training is a line item sold or packaged with a sale, support shall be as agreed with the TIPS Member. Most TIPS Members are tax exempt and the related laws andƒor regulations of the controlling jurisdiction(s) of the TIPS Member shall apply. No assignment of Agreement may be made without the prior notification of TIPS. Written approval of TIPS shall not be unreasonably withheld. Payment for delivered goods and services can only be made to the awarded Vendor, Vendor designated reseller or vendor assigned company.

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