Contract Price Adjustment definition

Contract Price Adjustment means an increase or decrease of the Contract Price;

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Contract Price Adjustment means an increase or decrease of the contract price;

Contract Price Adjustment has the meaning set forth in section 5.2(d)(viii).

Examples of Contract Price Adjustment in a sentence

Contract Price Adjustment An increase or decrease of the Contract Price.
The value of payment certificates issued shall be adjusted in accordance with the Contract Price Adjustment Schedule with the following data.
The Parties shall in good faith negotiate the proposed Contract Price Adjustment and shall agree in writing whether the Contract Price is to be adjusted.
The values of the coefficients for calculating the Contract Price Adjustment Factor are: Road works – upgrade (Schedules A, D, F and G): a = 0,2 b = 0,35 c = 0,35 d = 0,1 “L”, “P”, “M” and “F” are defined as follows: "L" is the “Labour Index” and shall be the Consumer Price Index for “Geographic Indices > CPI per province > KwaZulu-Natal” as published in Table A of the Statistical Release P0141 of Statistics South Africa.
Within 60 Days of the end of the Term, Seller shall provide for review and approval a determination of the final Contract Price Adjustment and Shortfall Damages Payment, given the Rate Cap Limit.

More Definitions of Contract Price Adjustment

Contract Price Adjustment means any Contract Price adjustment made or, if the context so requires, proposed to be made, on an Adjustment Date in accordance with Article 4 or Section

Contract Price Adjustment means an amount that is added to or deducted from the contract price under this contract;

Contract Price Adjustment credit or payment equal to the difference between (i) the Project Revenue collected by Seller during the first eight months of the Contract Year and the last four months of the prior Contract Year; and (ii) the sum of the actual amount of the Contract Price Components in clauses 5.2(d)(i) through 5.2(d)(viii) for the first eight months of the Contract Year and the last four months of the prior Contract Year.

Contract Price Adjustment credit or payment equal to the difference between (i) the sum of the actual Contract Price Components in clauses 5.2(d)(i) through 5.2(d)(v), as adjusted by the Contract Price Component in 5.2(d)(vii)for each of the first eight Months of the current Contract Year and the last four Months of the prior Contract Year, as charged to Buyer; and (ii) the sum of the actual Contract Price Components in clauses 5.2(d)(i) through 5.2(d)(v), as adjusted by the Contract Price Component in 5.2(d)(vii), for the first eight months of the Contract Year and the last four months of the prior Contract Year.

Contract Price Adjustment means the adjustment to be included in the Contract Price for fluctuations in the Cost of materials, goods, plant or equipment, General items, Site installation, testing and commissioning, including value added tax, and variations in rates of exchange, customs surcharge and customs duty, all as provided for in Sub-Clause 13.8.

Contract Price Adjustment means the annual adjustment to the Contract Price in respect of inflation or deflation as calculated in accordance with Schedule IVB and based on the option set out in Schedule IVA.

Contract Price Adjustment means each Contracting Entity Contract Price Adjustment and each Mandatory Change Contract Price Adjustment;