Examples of Direct Costs in a sentence
Accordingly, Contractor agrees as a consequence that the Contractor’s Margin shall be subject to adjustment under the circumstances described in this Article 8, without impacting Owner’s obligation to reimburse Contractor for Direct Costs incurred by it in accordance with this Agreement.
Contractor shall only include Direct Costs in a Request for Payment in accordance with the rates and other provisions set forth in Exhibit B-1 and Exhibit C.
Upon successfully passing the Facility Performance Tests, Contractor shall be entitled to payment of its Direct Costs and Contractor’s G&A and Contractor’s Margin applicable thereto in connection with any Reimbursable Work performed after the Facility Substantial Completion Date.
Except as provided in Section 15.3.4, Contractor shall be paid the Direct Costs incurred in fulfilling its obligations under this Section 20.1.1 prior to the commencement of the Warranty Period.
A multiplier of (i) [***] for all Direct Costs (other than Tax Costs) and (ii) [***] for all Tax Costs (each, a “G&A Multiplier”) will be applied across all such Direct Costs for G&A recovery.