Area Variations Sample Clauses

The Area Variations clause defines the process for adjusting the scope or size of a designated area within a contract, typically in construction or service agreements. It outlines how changes to the area—such as increases or decreases in square footage or coverage—are to be requested, approved, and valued, often requiring written notice and agreement on revised pricing or timelines. This clause ensures that both parties have a clear, agreed-upon method for handling changes to the physical or operational area covered by the contract, thereby preventing disputes and maintaining project alignment.
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Area Variations. (a) The Purchaser agrees that the Total Unit Area is an approximation by the Seller of the final as-built measurements of such area which will be calculated in accordance with the Jointly Owned Property Law. (b) If, on Completion, the actual Total Unit Area varies by more than what is permissible pursuant to the Applicable Laws as compared to the Total Unit Area specified in Item 3, the Purchase Price shall be adjusted accordingly to the extent of such variation. The Purchaser agrees that any variation in Purchase Price shall be adjusted from the final Purchase Price Instalment due pursuant to the Payment Schedule. (c) The Purchaser shall not be entitled to request the Seller to make any variations of whatsoever nature to the Unit.

Related to Area Variations

  • F3 Variation The Authority may from time to time during the Contract Period, by written notice to the Contractor, request a variation of the Contract provided that such variation does not amount to a material change to it. Such a change is hereinafter called a “Variation”.

  • WAIVER AND VARIATION No waiver or variation of this Parent Agreement shall be of any force unless such waiver or variation is agreed upon in writing and signed by an authorised representative of each of the Parties.

  • Amendments and Variations No amendment to or Variation of this Agreement shall be effective unless made in writing by duly authorized representatives of both Parties, if not provided otherwise herein. The Agreement can be amended in compliance with the provisions of Article 61 of the Public Procurement Law of the Republic of Latvia.

  • Price variation For each Relevant Year commencing on and from 1 April 2019, the Indexed Figures shall be adjusted in accordance with paragraph 2.7.2.

  • Variations No purported amendment or variation of this Agreement or any provision of this Agreement will be effective unless it is made in writing by the parties.