Valuation of Changes Sample Clauses

Valuation of Changes. .1 The valuation of any changes in the Work shall be determined in one or more of the following ways: .1 by estimate and acceptance in a lump sum, submitted with Subcontractors’ and suppliers' signed quotations and breakdown of estimates for material and labour;
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Valuation of Changes. Add the following Header and paragraphs 6.7.1, 6.7.2, 6.7.3 and 6.7.4 in their entirety:
Valuation of Changes. The value of any change shall be determined in one or more of the following ways as determined by the Consultant:
Valuation of Changes. The value and method of valuation of a Change will be determined, at BC Hydro’s discretion, by one or more of the following methods: (a) as a fixed cost Change, in accordance with the terms of the applicable Change Report, as the same may have been clarified, modified or amended in accordance with Section 3.8 of this Schedule 12 [Changes]; (b) as a unit price Change, where the Change includes items for which the unit rates included in Appendix 11-1 [Schedule of Prices and Estimated Quantities] apply; or (c) on a cost plus basis, being the Contractor’s reasonable and substantiated direct costs arising from the performance of the Change plus markups, limited to the following:
Valuation of Changes. (1) Unless otherwise stipulated in the Special Terms and Conditions of the Contract, the Contractor shall submit the changed quotation to the Supervisor within 14 days upon receipt of the instruction for changes or intent letter for change. The quotation shall set out in detail the price composition and basis of the changes in accordance with the valuation principles stipulated in Article 15.4, together with the description of the necessary construction methods and relevant drawings. Refer to Special Terms and Conditions of the Contract for the time limit for the Contractor to submit the changed quotation. (2) If the change affects the term, the Contractor shall provide the specific details of the term adjustment. The Supervisor may ask the Contractor to submit the construction schedule and the corresponding construction measures to advance or extend the term if they deem it necessary. ​ (3) Unless otherwise stipulated in the Special Terms and Conditions of the Contract, the Supervisor shall, within 14 days upon receipt of the changed quotation from the Contractor, negotiate or determine the price change in accordance with Article 3.5 and the valuation principles stipulated in Article 15.
Valuation of Changes. If the Project Owner disagrees with the change, the Supervisor shall give the Contractor the written Notice. If the rationalization proposal lowers the Contract price or improves the Project economic benefits, the Project Owner can reward the Contractor wit the incentive method and amount specified in the Special Terms of the Contract.
Valuation of Changes. 10.4.1 Principle for Valuation of Changes Agreement on the Valuation of Changes: See part II of Article 21 (Supplementary Terms) ____________________________________×_________________________________.
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Valuation of Changes 

Related to Valuation of Changes

  • Notification of Changes Subscriber agrees and covenants to notify the Company immediately upon the occurrence of any event prior to the consummation of this Offering that would cause any representation, warranty, covenant or other statement contained in this Agreement to be false or incorrect or of any change in any statement made herein occurring prior to the consummation of this Offering.

  • Implementation of Changes If Tenant: (i) approves in writing the cost or savings and the estimated extension in the time for completion of Landlord’s Work, if any, and (ii) deposits with Landlord any Excess TI Costs required in connection with such Change, Landlord shall cause the approved Change to be instituted. Notwithstanding any approval or disapproval by Tenant of any estimate of the delay caused by such proposed Change, the TI Architect’s determination of the amount of Tenant Delay in connection with such Change shall be final and binding on Landlord and Tenant.

  • Notification of Change The Cardholder shall promptly notify AEON Credit in writing, via e-mail or phone call of any change in his employment or business, address (office or residential) or telephone number(s) or if the Cardholder intends to be absent from Malaysia for more than Thirty (30) days. Notification of change(s) may be made by completing the “Change of Personal Details” form online at xxx.xxxxxxxxxx.xxx.xx, by email to xxxxxxxx.xxxxxxx@xxxxxxxxxx.xxx.xx, by calling AEON Credit Customer Care Centre at 00-0000 0000 or by writing in to AEON Credit Service (M) Berhad, Level 18, UOA Corporate Tower, Avenue 00, Xxx Xxxxxxxx, Xxxxxxx Xxxxx Xxxx, Xx. 0 Xxxxx Xxxxxxxx, 00000 Xxxxx Xxxxxx.

  • Introduction of Change (a) If the employer has made a definite decision to introduce major changes in production, programme, organisation, structure or technology that are likely to have significant effects on practitioners, the employer shall notify the practitioners who may be affected by the proposed changes and the Association. (b) Significant effects" include termination of employment, major changes in the composition, operation or size of the employer's workforce or in the skills required; the elimination or diminution of job opportunities, promotion opportunities or job tenure; the alteration of hours of work; the need for retraining or transfer of practitioners to other work or locations and restructuring of jobs. If this Agreement provides for alteration of any of the matters referred to herein an alteration shall be deemed not to have significant effect. (a) The employer shall discuss with the practitioners affected and the Association, inter alia, the introduction of the changes referred to in subclause (1) hereof, the effects the changes are likely to have on practitioners, measures to avert or mitigate the adverse effects of such changes on practitioners and shall give prompt consideration to matters raised by the practitioners and/or the Association in relation to the changes. (b) The discussion shall commence as early as practicable after a firm decision has been made by the employer to make the changes referred to in subclause (1) hereof. (c) For the purposes of such discussion, the employer shall provide to the practitioners concerned and the Association, all relevant information about the changes including the nature of the changes proposed; the expected effects of the changes on practitioners and any other matters likely to affect practitioners, but the employer shall not be required to disclose confidential information the disclosure of which would be inimical to their interests.

  • Advise of Changes Advise Seller promptly in writing of any fact that, if known at the Closing Date, would have been required to be set forth or disclosed in or pursuant to this Agreement, or which would result in the breach by Purchaser of any of its representations, warranties, covenants or agreements hereunder;

  • Description of Change in Terms A. Modification(s)

  • Limitation on Accounting Changes Make or permit any change in accounting policies or reporting practices, without the consent of the Required Lenders, which consent shall not be unreasonably withheld, except changes that are required by GAAP.

  • Definition of Change of Control For purposes of this Agreement, “Change of Control” shall mean:

  • Effect of Change of Control Notwithstanding the other provisions of Paragraph 9.3, in the event that: (i) the Company terminates the Executive’s employment without Cause in anticipation of, or pursuant to a notice of termination delivered to the Executive within 24 months after, a Change in Control; (ii) the Executive terminates his employment for Good Reason pursuant to a notice of termination delivered to the Company in anticipation of, or within 24 months after, a Change in Control; or (iii) the Company fails to renew this Agreement in anticipation of, or within 24 months after, a Change of Control, the Company shall have no further obligation to the Executive under this Agreement or otherwise, except the Executive shall be entitled to receive the Accrued Obligations and the following benefits: (a) the Company shall pay to the Executive, within 30 days following the Executive’s Separation from Service (as defined below), a lump-sum cash amount equal to: (i) two times the sum of (A) his Salary then in effect and (B) 75% of his then current Salary; plus (ii) a bonus for the then current fiscal year equal to 75% of his Salary (irrespective of whether performance objectives have been achieved); plus (iii) if such notice is given within the first 12 months after the date first set forth above, then, the Salary the Executive should have been paid from the date of termination through the end of such 12 month period, provided, however, that in the event of a termination for Good Reason pursuant to Clause Paragraph 15.1(h)(ii), the annual salary used for computation under this Paragraph 9.4(a) shall be the one in effect prior to the reduction referred to in Paragraph 15.1(h)(ii); and (b) during the portion, if any, of the 24-month period (unless otherwise limited by COBRA or similar state law) commencing on the date of the Executive’s Separation from Service (as defined below) that the Executive is eligible to elect and elects to continue coverage for himself and his eligible dependents under the Company’s or an affiliate’s group heath plan pursuant to COBRA or similar state law, the Company shall reimburse the Executive on a monthly basis for the difference between the amount the Executive pays to effect and continue such coverage and the employee contribution amount that active senior executive employees of the Company pay for the same or similar coverage. For purposes of this Agreement, a Change of Control shall not be considered to be anticipated unless (a) the sale of the Company is being actively marketed, (b) a letter of intent outlining provisional sale terms and conditions are being negotiated and/or have been offered and/or exchanged, (c) nondisclosure/confidentiality agreements have been proposed to allow further due diligence for a prospective buyer(s) of the Company and/or its assets, and/or (d) a contract for the sale/purchase of the Company and/or its assets is being/has been negotiated or has been executed.

  • Certain Accounting Changes Change its Fiscal Year end, or make any change in its accounting treatment and reporting practices except as required by GAAP.

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