Consequences of change orders Clause Samples

The "Consequences of change orders" clause defines the effects that approved changes to the original contract will have on the agreement's terms, such as adjustments to price, schedule, or scope of work. In practice, this clause outlines how modifications—like adding extra work or altering project deadlines—will impact payment amounts, completion dates, or other contractual obligations. Its core function is to ensure that both parties understand and agree to the implications of any changes, thereby preventing disputes and maintaining clarity throughout the project.
Consequences of change orders. If the Customer requires a change, the Contractor shall have the right to require adjustments to the contract price and progress plan or other matters, cf. clause 3.2, caused by the change requirement of the Customer. Adjustments to the contract price shall be calculated on the basis of the hourly charges or other unit prices set out in Appendix 7, provided that the work occasioned by the change is, in the main, similar to work for which hourly charges or unit prices have been specified. If it is not possible to calculate the change based on the hourly rates or unit prices in Appendix 7, the Contractor shall present a quote in respect of the addition or deduction for the changes. The offer shall reflect the general price level of this Agreement. If any changes and/or additions requested would, as a general rule, have resulted in an adjustment to the agreed date on which the solution will be ready for the acceptance test or delivery date, the Contractor shall, to the extent practicable, seek to accelerate implementation in order that the agreed deadlines may nevertheless be observed. In such case, acceleration shall be deemed to constitute a change to be dealt with pursuant to the rules set out in chapter 3. The change order shall be implemented without undue delay when received by the Contractor. This shall apply irrespective of whether the effect of the change order in terms of the contract price, the progress plan or other terms and conditions of the Agreement have been finally resolved, cf. clause 3.6.
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Consequences of change orders. If the Customer requires a change, the Contractor shall have the right to require adjustments to the Estimated total cost and milestone plan and other matters, cf. clause 3.3, caused by the change requirement of the Customer. Adjustments to the Estimated total cost shall be calculated on the basis of the hourly rates or other unit prices set out in Appendix 7, provided that the work occasioned by the change is, in the main, similar to work for which hourly rates or unit prices have been specified. In cases other than those mentioned in the previous paragraph, the Contractor must submit an offer, specifying the additions or reductions resulting from the changes. The change shall be implemented when the Customer wishes, irrespective of whether the effect of the change order in terms of the Estimated total cost, milestone plan or other terms and conditions of the Agreement have been finally resolved, cf. clause 3.7.
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Consequences of change orders. If the Customer requires a Change, the Supplier shall have the right to require adjustments to the contract price and progress plan or other matters caused by the Change. Adjustments to the contract price shall be calculated on the basis of the hourly charges or other unit prices set out in Appendix 6, provided that the work occasioned by the Change is, in the main, similar to work for which hourly charges or unit prices have been specified. If it is not possible to calculate the adjustments based on the hourly rates or unit prices in Appendix 6, the Supplier shall present a quote in respect of the addition or deduction for the Changes. The offer shall reflect the general price level of this MSA. A Change Oorder shall be implemented without undue delay when received by the Supplier, unless otherwise is agreed. This shall apply irrespective of whether the effect of the Change Order in terms of the contract price, the progress plan or other terms and conditions of the MSA, have been finally resolved.
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Related to Consequences of change orders

  • Consequences of non-compliance If a beneficiary breaches any of its obligations under this Article, the grant may be reduced (see Article 43). Such breaches may also lead to any of the other measures described in Chapter 6.

  • Consequences of Events of Default and Corrective Action If an Event of Default occurs, the Province may, at any time, take one or more of the following actions: (a) initiate any action the Province considers necessary in order to facilitate the successful continuation or completion of the Project; (b) provide the Recipient with an opportunity to remedy the Event of Default; (c) suspend the payment of Funds for such period as the Province determines appropriate; (d) reduce the amount of the Funds; (e) cancel further instalments of Funds; (f) demand from the Recipient the payment of any Funds remaining in the possession or under the control of the Recipient; (g) demand from the Recipient the payment of an amount equal to any Funds the Recipient used, but did not use in accordance with the Agreement; (h) demand from the Recipient the payment of an amount equal to any Funds the Province provided to the Recipient; and (i) terminate the Agreement at any time, including immediately, without liability, penalty or costs to the Province upon giving Notice to the Recipient.

  • Consequences of Events of Default (a) If an Event of Default of the type described in Section 3.1(a) or (b) has occurred and continued for 15 days or any other Event of Default has occurred, the interest rate on this Note will increase immediately by an increment of two percentage points to the extent permitted by law. Thereafter, until such time as no Event of Default exists, the interest rate on this Note will increase automatically at the end of each succeeding fiscal quarter by an additional increment of one percentage points to the extent permitted by law (but in no event will the interest rate exceed 18 percent per annum). Any increase of the interest rate resulting from the operation of this Section 3.2(a) will terminate as of the close of business on the date on which no Events of Default exist (subject to subsequent increases pursuant to this Section). (b) If an Event of Default of the type described in Section 3.1(d) has occurred, the principal amount of this Note (together with all accrued interest thereon and all other amounts payable in connection therewith) will become immediately due and payable without any action on the part of the Holder, and the Companies will immediately pay to the Holder all amounts due and payable with respect to this Note. (c) If an Event of Default of the type described in Section 3.1(a) or (b) has occurred and continued for 15 days and if an Event of Default of the type described in Section 3.1(b) has occurred and continued for 30 days, or any other Event of Default (other than under Section 3.1(d)) has occurred, the Holder may declare all or any portion of the outstanding principal amount of this Note (together with all accrued interest thereon and all other amounts due in connection therewith) due and payable and demand immediate payment of all or any portion of such amount. If the Holder demands immediate payment and all or any portion of the amounts due under this Note, the Companies will immediately pay to the Holder all amounts demanded to be paid with respect to this Note. (d) The Holder will also have any other rights which it may have been afforded under any contract or agreement at any time and any other rights which the Holder may have pursuant to applicable law. (e) Each Company hereby waives diligence, presentment, protest and demand and notice of protest and demand, dishonor and nonpayment of this Note, and expressly agrees that this Note, or any payment hereunder, may be extended from time to time and that the Holder may accept security for this Note or release security for this Note, all without in any way affecting the liability of the Companies hereunder.

  • Consequences of Default Upon the occurrence of any Event of Default, as defined in the Revenue Sharing Agreement: 6.1 Any unpaid amounts under section 2 shall bear interest at one and one-quarter percent (1.25%) per month;

  • Consequences of Breach Without prejudice to Clause 8, Funding, the Mortgages Trustee and the Security Trustee severally acknowledge to and agree with the Seller, and the Security Trustee acknowledges to and agrees with Funding and the Mortgages Trustee, that the Seller shall have no liability or responsibility (whether, in either case, contractual, tortious or delictual, express or implied) for any loss or damage for or in respect of any breach of, or any act or omission in respect of, any of its obligations hereunder other than loss or damage directly (and not indirectly or consequentially) suffered by the Mortgages Trustee and/or Funding or the assets comprised in the security constituted by the Funding Deed of Charge by reason of such breach, act or omission. For this purpose (and without limiting the scope of the above exclusion in respect of indirect or consequential loss or damage), any loss or damage suffered by the Mortgages Trustee and/or Funding or such assets which would not have been suffered by it or such assets had the breach, act or omission in question not also been or given rise to a Note Event of Default or enforcement of the security constituted by the Funding Deed of Charge shall be treated as indirect or consequential loss or damage.