Common use of Variation of Rates Clause in Contracts

Variation of Rates. The rates and payment herein set forth shall be revised by the actual amount of the change in Contractor’s cost if an event as described below occurs or if the cost of any of the items hereinafter listed shall increase by more than the amount indicated below from Contractor’s cost thereof on the Effective Date or by the same amount after the date of any revision pursuant to this Paragraph:

Appears in 2 contracts

Samples: Agreement, Agreement

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Variation of Rates. The rates and payment herein set forth shall be revised by the actual amount of the change in Contractor’s 's cost if an event as described below occurs or if the cost of any of the items hereinafter listed shall increase by more than the amount which may be indicated below from Contractor’s 's cost thereof on the Effective Date or by the same amount after the date of any revision pursuant to this Paragraph:

Appears in 1 contract

Samples: Agreement

Variation of Rates. The rates and payment herein set forth shall be revised by the actual amount of the change in Contractor’s cost if an event as described below occurs or if the cost of any of the items hereinafter listed shall increase by more than the amount which may be indicated below from Contractor’s cost thereof on the Effective Date or by the same amount after the date of any revision pursuant to this Paragraph:

Appears in 1 contract

Samples: Agreement

Variation of Rates. The rates and payment and/or payments herein set forth shall be revised by the actual amount of the change in Contractor’s cost if an event as described below occurs or if the cost of any of the items hereinafter listed shall increase vary by more than the amount indicated below from the Contractor’s cost thereof on the Effective Date by 5% or by the same amount after the date of any revision pursuant to this Paragraphclause, all as evidenced by reasonable written documentation supplied to the other Party:

Appears in 1 contract

Samples: Zion Oil & Gas Inc

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Variation of Rates. The rates and payment Payment herein set forth shall be revised by the actual amount of the change in Contractor’s 's cost if an event as described below occurs or if the cost of any of the items hereinafter listed shall increase by more than the amount indicated below from Contractor’s 's cost thereof on the Effective Date or by the same amount after the date of any revision pursuant to execution of this ParagraphContract:

Appears in 1 contract

Samples: Agreement (Chaparral Resources Inc)

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