Value of the contract definition

Value of the contract means the Works Project contract sum (accepted contract amount) less provisional sums, contingencies and VAT.
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Value of the contract means the dollar amount or equivalent benefit expended or received by the State in accordance with the contract; whereas, the “cost to the State for a contract” means the dollar amount or equivalent benefit expended by the State in accordance with the contract. I, , am authorized to execute the attached contract on behalf of
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Value of the contract means the cumulative total value of all Purchase Orders less VAT over the
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Examples of Value of the contract in a sentence

  • The Death Benefit will be the Accumulation Value of the contract determined on the effective date.

  • As of the effective date, the Accumulation Value of the contract will be set at an amount equal to the Death Benefit.

  • In such event, the Surrender Value of the contract may be taken in the form of a cash settlement.

  • Before the Maturity Date the Owner may, on request satisfactory to the Company, withdraw all or a portion of the Accumulation Value of the contract.

  • The Accumulation Value of the contract is the sum of the Accumulation Values of all Investment Accounts.

  • Therefore, the counterparty sends only the Val- uation report on the following day reporting the change in the Value of the contract and the additional VM of 200.

  • Prime Contractor: The organisation/bidder named on the Contract Form, whose offer has been accepted by the NORTDA Sub-Contract/Contractor: means the primary supplier/successful bidder's assigning, leasing, making out work to, or employing another person to support such primary supplier/successful bidder in the execution of part of a project in terms of the contract; Value of the contract: The contract sum (accepted contract amount) less provisional sums, contingencies and VAT.

  • The maturity value of this contract will be the Accumulation Value of the contract on the effective date of the maturity benefit.

  • On the last day of each contract month, the monthly charge is deducted Pro Rata and is equal to 1/12th of the EDB Charge multiplied by the Accumulated Value of the contract on that date.] The EDB Charge only applies during the Accumulation Phase.

  • The payment at death will be the Accumulation Value of the contract determined on the effective date of the payment at death.


More Definitions of Value of the contract

Value of the contract means the contract sum (accepted contract amount) less provisional sums, contingencies and VAT. ContractPart C3: Scope of Work Reference No. 182Q/2019/20440C3.5Management
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Value of the contract means the dollar amount or equivalent benefit expended or received by the State in accordance with the contract; whereas, the “cost to the State for a contract” means the dollar amount or equivalent benefit expended by the State in accordance with the contract. FORM 1 Revised 7/01/06 I, (Type/Print Name, Title and Name of Firm or Corporation), am authorized to execute the attached contract on behalf of Gen. Stat. § 1-79(e)(12), to (1) any public official or state employee of the contracting state agency or quasi-public agency who participated directly, extensively, and substantially in the preparation of the bid solicitation or request for proposals for the contract (if applicable) or in the negotiation or award of this contract; or (2) any public official or state employee of any other state agency who has supervisory or appointing authority over the state agency or quasi-public agency executing this contract, except the gifts listed below: Name of Benefactor Name of recipient Gift Description Value Date of Gift List information here Further, neither I nor any principals or key personnel of the Contractor, nor any agent of the above, knows of any action by Contractor to circumvent such prohibition on gifts by providing for any other principals, key personnel, officials, employees of Contractor, nor any agent of the above, to provide a gift to any such public official or state employee. Further, the Contractor made its bid or proposal without fraud or collusion with any person. Sworn as true to the best of my knowledge and belief, subject to the penalties of false statement. Signature Date Sworn and subscribed before me on this day of , 200 Commissioner of the Superior Court Notary Public FORM 2
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Related to Value of the contract

  • Value of Contract means the sum accepted or the sum calculated in accordance with the prices accepted in Tender and/or the Contract rates as payable to the Contractor for the entire execution and full completion of the work.

  • value of materials means the customs value at the time of importation of the non-originating materials used, or, if this is not known and cannot be ascertained, the first ascertainable price paid for the materials in the exporting Party;

  • value of originating materials means the value of such materials as defined in (g) applied mutatis mutandis;

  • Pricing Spread shall have the meaning set forth in the Pricing Side Letter.

  • Index Provider means, in respect of a Sub-Fund, the person responsible for compiling the Index against which the relevant Sub-Fund benchmarks its investments and who holds the right to licence the use of such Index to the relevant Sub-Fund as set out in the relevant Appendix.

  • Value of Bonus means the amount indicated in the Order Form, which is calculated by multiplying the Commitment Value and the Bonus.

  • Price Source Disruption means (a) the failure of the Price Source to announce or publish the Reference Price (or the information necessary for determining the Reference Price); or (b) the temporary or permanent discontinuance or unavailability of the Price Source.

  • LIBOR Total Spread means, for each Interest Period: (A) three-fourths of one percent (3/4 of 1%); (B) minus (or plus) the weighted average margin, for such Interest Period, below (or above) the London interbank offered rates, or other reference rates, for six-month deposits, in respect of the Bank’s outstanding borrowings or portions thereof allocated by the Bank to fund single currency loans or portions thereof made by it that include the Loan; as reasonably determined by the Bank and expressed as a percentage per annum.

  • Fixed Spread means the Bank’s fixed spread in effect at 12:01 a.m. Washington, D.C. time, one calendar day prior to the date of the Loan Agreement, for the Currency of denomination of such amount.”

  • Covered contract means a DoD prime contract for an amount exceeding the simplified acquisition threshold, except for a fixed-price contract without cost incentives. The term also includes a subcontract for an amount exceeding the simplified acquisition threshold, except for a fixed-price subcontract without cost incentives under such a prime contract.

  • Index Start Value means 1,000 index points and represents the Index Closing Value on Index Calculation Day T=0 for the purposes of calculating the index in accordance with C).

  • Fair Market Value Per Share means as of any date the fair market value of each of the Shares on such date (the "applicable date") as determined by the Option Committee in good faith. The Option Committee is authorized to make its determination as to the fair market value on the following basis: (i) if the Shares are not traded on a securities exchange and are not quoted on the National Association of Securities Dealers, Inc.'s Automated Quotation System ("NASDAQ"), but are quoted on the Over The Counter Electronic Bulletin Board operated by NASDAQ, "Fair Market Value per Share" shall be the mean between the average daily bid and average daily asked prices of the Shares on the applicable date, as published on such bulletin board; (ii) if the Shares are not traded on a securities exchange and are quoted on NASDAQ, "Fair Market Value per Share" shall be the closing transaction price of the Shares on the applicable date, as reported on NASDAQ; (iii) if the Shares are traded on a securities exchange, "Fair Market Value per Share" shall be the daily closing price of the Shares, on such securities exchange as of the applicable date; or (iv) if the Shares are traded other than as described in (i), (ii) or (iii) above, or if the Shares are not publicly traded, "Fair Market Value per Share" shall be the value determined by the Option Committee in good faith based upon the fair market value as determined by completely independent and well qualified experts. In the case of Shares described in (i), (ii) or (iii) above, if no prices are reported for the Shares on the applicable date, the "Fair Market Value per Share" shall be the price reported for such Shares on the next preceding date on which there were reported prices.

  • Weighted Average Floating Spread means, as of any date of determination, the number, expressed as a percentage, obtained by summing the products obtained by multiplying, in the case of each Floating Rate Portfolio Investment included in the Borrowing Base, on an annualized basis, the Spread of such Floating Rate Portfolio Investments, by the outstanding principal balance of such Floating Rate Portfolio Investments as of such date and dividing such sum by the aggregate outstanding principal balance of all such Floating Rate Portfolio Investments and rounding the result up to the nearest 0.01%.

  • Best Value Duty means the duty imposed on the Authority by Part 1 of the 1999 Act and under which the Authority is under a statutory duty to continuously improve the way its functions are exercised, having regard to a combination of economy, efficiency and effectiveness and to the guidance issued from time to time by the Secretary of State, the Audit Commission and the Chartered Institute of Public Finance and Accountancy pursuant to, or in connection with, Part 1 of the 1999 Act.

  • Affordability average means the average percentage of median income at which restricted units in an affordable housing development are affordable to low- and moderate-income households.

  • Non-bid Basis means a contract awarded or executed by the Commonwealth with Contractor without seeking bids or proposals from any other potential bidder or offeror.

  • Index Disruption means in respect of an Index on any Valuation Date, the Index Sponsor fails to calculate and announce such Index.

  • Reference Dealers means leading dealers, banks or banking corporations, which deal in the TRY/USD exchange market, selected by the Calculation Agent in its sole discretion, acting in good faith and in a commercially reasonable manner;

  • Strike Priceprevious means the Strike Price applicable before the latest Reset Date and, if the latest Reset Date is the first Reset Date after the First Trading Date, the Initial Strike Price as defined under the definition of "Strike Price".

  • Federal-Aid Contract means a contract in which the United States (federal) Government provides financial funding as so designated in the Information for Bidders.

  • Evidence-based practice means programs or practices that are supported by research methodology and have produced consistently positive patterns of results when replicated within the intent of the published guidance.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Prepaid contract means any Contract that has terminated or been prepaid in full prior to its scheduled expiration date (including because of a Casualty Loss), other than a Defaulted Contract.

  • APR means, with respect to any Receivable, the annual percentage rate of interest stated in such Receivable.

  • Value Date means a reference time used by a payment service provider for the calculation of interest on the funds debited from or credited to a payment account;

  • Net Xxxx-to-Market Exposure of a Person means, as of any date of determination, the excess (if any) of all unrealized losses over all unrealized profits of such Person arising from Rate Management Transactions. “Unrealized losses” means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).