Additional Modification Costs Clause Samples

Additional Modification Costs. The parties agree that (a) Buyer shall be responsible for the net change in costs and expenses to General ▇▇▇▇▇ as a result of the change from a “Pouch King” system to the Bag-in-Box System and the matters set forth in Sections 1.9 and 1.10 and the last sentence of Section 1.6.1, including any charges relating to (i) the cancellation of any purchase or work orders referred to in Section 1.9.1, (ii) the purchase and installation of the Turbo Line, (iii) the Additional Line 5 Changes as indicated on Schedule 1.6 and (iv) the Line 6 Equipment, up to a maximum amount of $2,000,000 (the “Cap”) and (b) General ▇▇▇▇▇ will be responsible for all such costs and expenses in excess of the Cap. The parties agree that the Side Seam Costs and Expenses will be considered separate and apart from the Cap and shall be the sole and exclusive responsibility of Buyer. The parties agree that pursuant to this Section 1.11.1 Buyer owes General ▇▇▇▇▇ $2,000,000 pursuant to this Section 1.11.1 and that Buyer shall pay General ▇▇▇▇▇ such amount in full, without deduction or offset, on the Toledo Cut Off Date.”
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Related to Additional Modification Costs

  • Modification Costs Developer shall not be assigned the costs of any additions, modifications, or replacements that Connecting Transmission Owner makes to the Connecting Transmission Owner’s Attachment Facilities or the New York State Transmission System to facilitate the interconnection of a third party to the Connecting Transmission Owner’s Attachment Facilities or the New York State Transmission System, or to provide Transmission Service to a third party under the ISO OATT, except in accordance with the cost allocation procedures in Attachment S of the ISO OATT. Developer shall be responsible for the costs of any additions, modifications, or replacements to the Developer’s Attachment Facilities that may be necessary to maintain or upgrade such Developer’s Attachment Facilities consistent with Applicable Laws and Regulations, Applicable Reliability Standards or Good Utility Practice.

  • Modification Fee In consideration of the Lenders amending the Loan Agreement as provided herein, each Borrower jointly and severally agrees to pay to the Agent for the account of each Lender approving this Amendment (which approval is evidenced by its signature below) a modification fee in an amount equal to one-half of one percent (0.50%) of such Lender’s Commitment.

  • Cost Modifications The parties may agree to a reduction in the cost of the Contract at any time during which the Contract is in effect. Without intending to impose a limitation on the nature of the reduction, the reduction may be to hourly, staffing or unit costs, the total cost of the Contract or the reduction may take such other form as the State deems to be necessary or appropriate.

  • Construction Cost Budget The total cost to District of all elements of the Project designed or specified by the Architect, as adjusted at the end of each design phase in accordance with this Agreement. The Construction Cost Budget does not include the compensation of the Architect and the Architect’s Consultants, the cost of land, rights-of-way, financing or other costs which are the responsibility of the District, including construction management.

  • Construction Costs Under no circumstances shall the Consultant be liable for extra costs or other consequences due to unknown conditions or related to the failure of contractors to perform work in accordance with the plans and specifications. Consultant shall have no liability whatsoever for any costs arising out of the Client’s decision to obtain bids or proceed with construction before the Consultant has issued final, fully-approved plans and specifications. The Client acknowledges that all preliminary plans are subject to substantial revision until plans are fully approved and all permits obtained.