Initial Contract Amount definition

Initial Contract Amount means the amount accepted in the Letter of Acceptance for the execution and completion of the Works and the remedying of any defects.
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Initial Contract Amount means the amount accepted in the Letter of Acceptance for the execution and completion of the Works and the remedying of any defects. 1.1.4.2 “Contract Price” means the price defined in GC Clause 4.1 [Contract Price], and includes adjustments in accordance with the Contract. 1.1.4.3 “Compensation Events” are those defined in GC Clause 4.7 [Compensation Events] hereunder. 1.1.5 Works and Goods 1.1.5.1 “Contractor’s Equipment” means all apparatus, machinery, vehicles and other things required for the execution and completion of the Works and the remedying of any defects. However, Contractor’s Equipment excludes Temporary Works, Bank’s Equipment (if any), Plant, Materials and any other things intended to form or forming part of the Permanent Works. 1.1.5.2 “Goods” means Contractor’s Equipment, Materials, Plant and Temporary Works, or any of them as appropriate. 1.1.5.3 “Materials” means things of all kinds (other than Plant) intended to form or forming part of the Permanent Works, including the supply-only materials (if any) to be supplied by the Contractor under the Contract. 1.1.5.4 “Permanent Works” means the permanent works to be executed by the Contractor under the Contract. 1.1.5.5 “Plant” means the apparatus, machinery and other equipment intended to form or forming part of the Permanent Works, including vehicles purchased for the Bank and relating to the construction or operation of the Works. 1.1.5.6 “Section” means a part of the Works specified in the PC as a Section (if any). 1.1.5.7 “Temporary Works” means all temporary works of every kind (other than Contractor’s Equipment) required on Site for the execution and completion of the Permanent Works and the remedying of any defects. 1.1.5.8 “Works” mean the Permanent Works and the Temporary Works, or either of them as appropriate, and as described in the PC. 1.1.6 Other Definitions 1.1.6.1 “Contractor’s Documents” means the calculations, computer programs and other software, drawings, manuals, models and other documents of a technical nature (if any) supplied by the Contractor under the Contract. 1.1.6.2 “Country” means the country in which the Site (or most of it) is located. 1.1.6.3 “Force Majeure” is defined in GC Clause 6.1 [Force Majeure]. 1.1.6.4 “Laws” means all national (or state) legislation, statutes, ordinances and other laws, and regulations and by-laws of any legally constituted public authority. 1.1.6.5 “Performance Security” means the security (or securities, if any) under GC Clause 4....
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Initial Contract Amount for a given month shall be defined as the total value of any contracts to provide orthodontic services between a patient or third party payor on the one hand and the Orthodontist or Orthodontix Professional on the other, for the provision of orthodontic services at a pre-determined fee-for service amount (whether or not payable in cash) (the "Contract") which contract was generated after the date hereof (the "Effective Date"), entered into on or prior to the last business day of each month.
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Examples of Initial Contract Amount in a sentence

  • Example: “The Initial Contract Amount will not exceed one million dollars ($1,000,000) for the Initial Contract Term and one million dollars ($1,000,000) for each extension option for a total potential Contract Amount not to exceed five million dollars ($5,000,000).” NOTE: The total amount allotted for this IDIQ contract includes all extensions, example.

  • During the term of the Second Renewal and Modification, the following distributions shall be made: 100% of all service revenue collected shall be retained by the CONTRACTOR and used as a funding source for the Initial Contract Amount in Section II.A. Service revenue shall be applied towards Contractor fees, defined in Exhibit “A” Section 3, on a monthly basis.

  • Example: “The Initial Contract Amount will not exceed two million dollars ($2,000,000) for the Initial Contract Term and one million dollars ($1,000,000) for each extension option for a total potential Contract Amount not to exceed five million dollars ($5,000,000).” NOTE: The total amount allotted for this IDIQ contract includes all extensions, example.

  • Term:02/16/202402/15/2026Procurement: RFQTotal After Review: Total Projected:$310,500.00 Funding:$4,700,000.00 MOF:Federal - 100% - [ARPA SLFRF] Contract Number: 2024-01Org/Amt:AmountPaid To Date Objective:New Exp Date 310,500.00 Initial Contract Amount $310,500 Total projected amount $4,700,000, begin date 2/16/24, end date 2/15/26.

  • Initial Contract Amount:$ 7,513,563.05Change Order #1$ (26,403.04)Change Order #2$ (22,223.44)Change Order #3$ (68,694.27)Change Order #4$ (48,057.91)Change Order #5 $ 44,714.98 Revised Contract Amount $ 7,392,899.37 The above listed change orders will decrease the total dollar amount of the contract with Vector Resources, Inc.

  • This Initial Contract Amount includes the General Conditions as stated in the Construction Manager’s Proposal.

  • These activities will be scheduled in advance with area supervisors.CONTRACT AMOUNT for 2024All buildings are tax exempt, under current Minnesota State Statutes Empire Transportation Facility $ 1,960.00 per MonthEmpire East Facility $ 745.00 per MonthDakota-911 Facility $ 2,680.00 per Month Initial Contract Amount $64,620.00 including all applicable sales and use taxes.

  • During the term of the Fourth Renewal and Modification, the following distributions shall be made: 100% of all service revenue collected shall be retained by the CONTRACTOR and used as a funding source for the Initial Contract Amount in Section II.A. Service revenue shall be applied towards Contractor fees, defined in Exhibit “A” Section 3, on a monthly basis.

  • Initial Contract Amount $ 3,020,555.22Approved SLD Amount $ 3,013,026.13Change Order #44 $ (571.86) District Portion: $ 27,622.91 Revised Contract Amount $ 3,039,126.36*C.

  • Initial Contract Amount $591,660.00 Previous Change Orders $560,000.00 Previous Addendum $1,226,009.68 Addendum No. 2 $750,000.00 NEW CONTRACT AMOUNT $3,127,669.68 2.


More Definitions of Initial Contract Amount

Initial Contract Amount means the Contract Amount as of the Effective Date, as specified in Section B of the Cover Sheet.
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Related to Initial Contract Amount

  • Contract Amount means:

  • Accepted Contract Amount means the amount accepted in the Letter of Acceptance for the execution and completion of the Works and the remedying of any defects.

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in [the Accumulation Period for the Class C( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class C( - ) Adverse Event, the Nominal Liquidation Amount of the Class C( - ) Notes, and (iii) in all other circumstances, zero.

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

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

  • Class M-3 Principal Distribution Amount The excess of (x) the sum of (i) the Certificate Principal Balance of the Class A Certificates (after taking into account the payment of the Class A Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the payment of the Class M-2 Principal Distribution Amount on such Distribution Date) and (iv) the Certificate Principal Balance of the Class M-3 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 98.00% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

  • Group I Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.

  • Maximum Yield Supplement Amount means with respect to any Collection Period and the related Deposit Date, after giving effect to the Yield Supplement Amount, the maximum amount required to be on deposit in the Yield Supplement Account on the immediately succeeding Payment Date, which is equal to the present value (using an interest rate of: 0.25%) of the sum of all Yield Supplement Amounts for all future Payment Dates, assuming that future Scheduled Payments on the Discount Receivables are made on the date on which they are scheduled as being due.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

  • Final Completion Date means the date on which Final Completion occurs.

  • Group II Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Class M-2 Principal Distribution Amount For any Distribution Date, an amount equal to the lesser of (x) the remaining Principal Distribution Amount for such Distribution Date after distribution of the Class I-A Principal Distribution Amount, Class II-A Principal Distribution Amount and the Class M-1 Principal Distribution Amount and (y) the excess, if any, of (a) the sum of (1) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Class I-A Principal Distribution Amount and Class II-A Principal Distribution Amount on such Distribution Date), (2) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date) and (3) the Certificate Principal Balance of the Class M-2 Certificates immediately prior to such Distribution Date, over (b) the lesser of (1) the product of (x) 66.20% and (y) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period, and after reduction for Realized Losses incurred during the prior calendar month), and (2) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period, and after reduction for Realized Losses incurred during the prior calendar month) minus the Overcollateralization Floor.

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Class A Required Amount shall have the meaning specified in subsection 4.04(a).