Agreed Change definition

Agreed Change means an agreement for change to the scope of the Services or the particulars and charges applicable as set out in an Addendum to the relevant Letter of Engagement.
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Agreed Change has the meaning provided in Section 8(c).
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Agreed Change means any change to the Work, the Fixed Contract Price, the Work Schedule and/or any other terms and/or conditions under the Contract Documents that is (a) agreed upon by the Parties as evidenced by an Agreed Change Order duly executed and delivered by the Parties, or(b) implemented in an Agreed Change Order agreed upon by the Parties through Contractor's automatic acceptance of Owner's Change Order Request by Contractor's failure to assert a timely Claim pursuant to Section 8.8. Cottage Street
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Examples of Agreed Change in a sentence

  • If Owner approves the change or fails to object thereto within such time, such change shall become an Agreed Change.

  • An equitable adjustment by Agreed Change shall be made for increases in the Contract Sum, Required Substantial Completion Date and Required Final Completion Date on account of any such suspension, delay or interruption.

  • If Contractor fails to give such notice within such time, Contractor shall be deemed to have agreed to the proposal contained in the Change Directive, and the Change Directive shall become an Agreed Change.

  • A Change Order may be either an Agreed Change Order or a Unilateral Change Order.

  • An Agreed Change Order is a Change Order jointly executed by the Owner and the Contractor, in which each agrees to all of the terms of the amendment.

  • If the Contractor does not submit a written objection within that time, the Contractor shall be deemed to have accepted the terms of the Unilateral Change Order and the Unilateral Change Order shall have the full force and effect of an Agreed Change Order.

  • The Contract Sum (or, if the Agreement is a CMGC Agreement, the Guaranteed Maximum Price) may be adjusted by Agreed Change.

  • An Agreed Change Order is a Change Order jointly executed by the Owner, the Contractor and the A/E, in which each agrees to all of the terms of the Change Order.

  • Such companies shall have a Best's Key rating of at least "A- X".

  • The execution of an Agreed Change Order constitutes the full, final and complete settlement of all claims with regard to the modifications contained in the Change Order for foreseeable impacts on the Contract Sum or the Contract Time; provided, however, that an Agreed Change Order may be reformed by a written modification signed by the Contractor and the ODR, for the limited purpose of correcting an error in computation.

Related to Agreed Change

  • Relevant Potential Change of Control Announcement means any public announcement or statement by the Issuer, any actual or potential bidder or any adviser acting on behalf of any actual or potential bidder relating to any potential Change of Control where within 180 days following the date of such announcement or statement, a Change of Control occurs.

  • Change is defined in Section 3.2.

  • Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.

  • Benchmark Replacement Conforming Changes means, with respect to any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Business Day,” the definition of “Interest Period,” timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of such Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents).