Price Compensation definition
Examples of Price Compensation in a sentence
Any divergence, deviation or ambiguity in the description of the Assets shall not vitiate the Contract and the Buyer shall not be entitled to claim any abatement in the Asset Sale Price, compensation and damages whatsoever by reason of such divergence, deviation or ambiguity.
The Supply Contract Price includes, but is not limited to, the Farm gate price, Shipping Logistics Price, compensation for any government dues causing cost increase imposed at any time during the term of this Contract, all applicable taxes, fees, overheads, profit, shipping, and all other direct and indirect costs incurred, or be incurred, by SELLER hereunder.
Price compensation may be allowed for an escalation in the rate of contract costs on a per hour and/or per cycle basis, at the beginning of the second year and the beginning of the third year, if the renewal option of this Agreement is executed.
If additional mobilization and demobilization are required during the performance of the Contract because of changes to the Work, deleted or added items of Work, the Contractor is entitled to an adjustment in the Contract Price, compensation for such costs will be included in the Price of the approved Change Order or Orders for the item or items of Work changed or added.
The EFTA States shall notify Peru, of all measures applied under Article 3.2 (Price compensation Measures), at an early stage, at the latest 30 days after the entry into force of this Agreement.
If additional mobilization / demobilization is required during the performance of the Contract due to changed, deleted or added items of work, for which the Contractor is entitled to an adjustment in the Contract Price, compensation for such costs will be included in the price adjustment for the item or items of work changed, added or deleted.