Disputed Difference definition

Disputed Difference shall have the meaning given to it in Article 13.3;
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Disputed Difference shall have the meaning given to it in Article 14.5 (Variations); "Dollars" or "$" means the lawful currency of the United States of America; "Effective Date" means 18 February 2015, which is the date on which all the conditions in Article 2.1 (Effective Date) were fulfilled; "Equipment" means the system to be supplied by the Sub-Contractor for the liquefaction of natural gas, including front-end gas treatment and conditioning, that complies with the GIMI Topsides Agreement. A reference to Equipment includes all the individual component equipment of the Equipment, as well as all the materials and equipment to be procured by the Sub-Contractor, for permanent installation on the Vessel; "Extended Warranty Period" shall have the meaning given to it in Article 36.5 (Warranty); "Feed Gas" means processed natural gas delivered to the Vessel. "FEED Update" shall have the meaning given to it in Article 3.2 (FEED Update); "FEED Update Report" shall have the meaning given to it in Article 3.2 (FEED Update); "FEED Update Review-Point" [*****]; "Final Acceptance" means the successful completion of all Performance Tests at the Project Site and completion of the Topsides Scope as set out in Appendix O (Performance Test Procedure) of the GIMI Topsides Agreement; "Final Re-measurable Price" shall have the meaning given to it in Article 16.
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Examples of Disputed Difference in a sentence

  • The Owner shall not be entitled to issue a Directed Change, nor shall the Contractor be obliged to perform a Directed Change, where the Disputed Difference in respect of all Directed Changes (including the proposed Directed Change) exceeds the aggregate sum of Five Million United States Dollars U.S.$5m.

  • A Directed Change shall be paid for monthly by the Owner to the Contractor on a time and materials, cost plus basis in accordance with Appendix 3 pending resolution of the Disputed Difference.

  • A Directed Change shall be paid for monthly by the Owner to the Contractor on a time and materials, cost plus basis in accordance with Appendix 3 (Price Schedule) pending resolution of the Disputed Difference.

  • The Owner shall not be entitled to issue a Directed Change, nor shall the Contractor be obliged to perform a Directed Change, where the Disputed Difference in respect of all Directed Changes (including the proposed Directed Change) exceeds the aggregate sum of five million Dollars ($5,000,000).

  • The difference between the Contractor's and the Owner's proposed adjustment to the Contract Price shall be known as the "Disputed Difference".

Related to Disputed Difference

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Disputed Item has the meaning set forth in Section 2.04(b).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Disputed Amounts has the meaning set forth in Section 2.04(c)(iii).

  • Disputed Items has the meaning specified in Section 2.7(c).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Party A Final Exchange Amount An amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the Final Exchange Date (before taking into account any redemption on such day).

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Final Determination Date means the following:

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Final Reference Price means an amount (which shall be deemed to be a monetary value in the Underlying Currency) equal to the level of the Index at the Valuation Time on the Valuation Date or the Issuer Call Date, as the case may be, as determined by or on behalf of the Calculation Agent without regard to any subsequently published correction or (if, in the determination of the Calculation Agent, no such level can be determined and no Market Disruption Event has occurred and is continuing) an amount determined by the Calculation Agent as its good faith estimate of the level of the Index on such date having regard to the then prevailing market conditions, the last reported trading price of the Shares and such other factors as the Calculation Agent determines relevant;

  • Fallback Reference Price (if the relevant parties have specified an alternate Commodity Reference Price in the Confirmation);

  • Difference means in an FX and CFD the difference in price upon the opening of a Transaction and the closing of such Transaction.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Party A Interim Exchange Amount In respect of each Interim Exchange Date, an amount in Dollars equal to the principal amount of the Relevant Notes redeemed on such Interim Exchange Date.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Final Determination means a determination within the meaning of Section 1313 of the Code or any similar provision of state or local Tax Law.