Common use of Time and Materials Clause in Contracts

Time and Materials. Notwithstanding any other provision of this Agreement, Buyer may request and Honeywell may agree to perform Services on a time-and-materials basis pursuant to this Section. The work shall be as agreed upon between the Parties and Honeywell shall invoice Buyer for the hours worked regardless of whether Buyer issues an Order. Buyer shall remain obligated to remit payment to Honeywell as described herein upon invoicing. Honeywell may revise its standard charges on not less than thirty (30) days prior written notice to Buyer; provided, however, all Services under this Section that is ordered by Buyer shall be performed to completion at Honeywell’s published rates in effect at the inception of the order. The Parties understand and agree that the minimum time charged to any Services requested or ordered under this Section is four (4) hours, payable at the rate published herein.

Time and Materials. Notwithstanding any other provision of this Agreement, Buyer Customer may request and Honeywell may agree to perform Services installation and maintenance services on a time-and-materials basis pursuant to this Section. The work shall be as agreed upon between the Parties and Honeywell shall invoice Buyer customer for the hours worked regardless of whether Buyer issues an a Purchase Order. Buyer shall remain obligated to remit payment to Honeywell as described herein upon invoicingherein. Honeywell may revise its standard charges on not less than thirty (30) days prior written notice to BuyerCustomer; provided, however, all Services work under this Section that is ordered by Buyer Customer shall be performed to completion at Honeywell’s published rates in effect at the inception of the order. The Parties understand and agree that the minimum time charged to any Services Work requested or ordered under this Section is four (4) hours, payable at the rate published herein.