General Assumptions Clause Samples

General Assumptions. The Professional Services Fees and timeline for this Project are conditioned on the General Assumptions set forth below and the other assumptions set forth in this SOW. If any of these assumptions are not met, Workday will advise Customer in writing (an email will suffice for this purpose). Each party will promptly remedy any unmet assumption for which it is responsible.

General Assumptions. (a) Generally accepted industrial or Company Shop practice is assumed in writing Job Descriptions and does not require to be spelled out. (b) Where an operation or a machine is referred to in the singular such reference does not limit or restrict the description to call for the performance of a single operation of a single machine. (c) When expressions such as those listed below, or references to similar incidental work, appear in a Job Description it is understood that they do not involve work of a higher ‘level of difficulty’ than is otherwise implied in the Job Description in which they occur. ‘Perform rework’ ‘Fabricate and assemble shop aids’ ‘Prepare sketches’ ‘Lay out’

General Assumptions. In addition to any specific assumptions set forth in a Scope of Work for the applicable Services, the following assumptions apply generally to all Development Services undertaken pursuant to or in connection with such Scope of Work:

General Assumptions. To determine which platform/licenses are applicable, please refer to the Pricing section. The following assumptions serve as the basis for the Service Package(s) reflected below. Any service or activity not described below is not included in the Scope of services to be provided. Variations to the following may impact the Service Package’s cost and/or schedule justifying a change order. ▪ MCCi‘s completion of a Deliverable to Client shall constitute that MCCi has conducted its own review and believes it meets Client’s requirements. Client shall then have the right to conduct its own review of the Deliverable as Client deems necessary. If Client, in its reasonable discretion, determines that any submitted Deliverable does not meet the agreed upon expectations, Client shall have five (5) business days after MCCi’s submission to give written notice to MCCi specifying the deficiencies in reasonable detail. MCCi shall use reasonable efforts to promptly resolve any such deficiencies. Upon resolution of any such deficiencies, MCCi shall resubmit the Deliverable for review as set forth above. Notwithstanding the foregoing, if Client fails to reject any Deliverable within five (5) business days, such Deliverable shall be deemed accepted. ▪ If either party identifies a business issue during the project, MCCi and Client must jointly establish a plan to resolve the issues with potential impact analysis of timeline and budget within five (5) business days of identification. Any necessary business decision resulting from the identified business issues must be made by Client within five (5) business days from request. ▪ Client is responsible to ensure that adequate hardware/infrastructure is in place and capable of handling the extra resources that may be required to support the services performed. ▪ Any additional software licensing needs related to this service/process configuration have not been considered or included as part of service packages. Client is responsible for ensuring that the required software licensing is available. ▪ If the Services require MCCi to access or use any third party software products provided or used, Client warrants that it shall have all rights and licenses of third parties necessary or appropriate for MCCi to access or use such third party products and agrees to produce evidence of such rights and licenses upon the reasonable request of MCCi and to indemnify, hold harmless and defend MCCi from and against any claims, actions, demands, law...

General Assumptions. In addition to any specific assumptions set forth in a Scope of Work for the applicable Services, the following assumptions apply generally to all Development Services undertaken pursuant to or in connection with such Scope of Work: 1.1 Where applicable, GSK or its Affiliate will perform the Development Services set forth in a Scope of Work in accordance with, and subject to, the GSK Group’s policies and standard operating procedures and Applicable Law. 1.2 The Price payable by the Purchaser under a Scope of Work includes [***] Unless otherwise provided in a Scope of Work, Development Services shall be charged at the defined FTE Rate set forth in Schedule 4 (Fees) together with all of GSK’s direct costs and expenses for such Development Services and, if applicable, a management fee. Any Manufacturing required to support Development Services under a Scope of Work will be charged at an agreed per batch cost as set forth in the applicable Scope of Work. 1.3 Following the performance of the Development Services by GSK, GSK or its Affiliates shall invoice the Purchaser in accordance with Clause 12 (Invoice and Payment) and notify the Purchaser in writing of the completion of the relevant Development Service. The Purchaser must notify GSK of its approval of such Development Service and any related deliverables in writing within [***] of receipt of the notification of completion of such Development Service. GSK shall not be obliged to proceed with any activities for subsequent Development Services (if any) prior to receiving in writing the Purchaser’s approval and acceptance of each preceding Development Service and related deliverables (if any), unless otherwise agreed between the Parties. 1.4 In the event that any dispute or difference arises out of or in connection with the performance of a Development Service under a Scope of Work and the Purchaser does not give its acceptance in respect of a Development Service and any related deliverables in accordance with paragraph 1.3 above (a “Service Dispute”), each Party shall use its reasonable endeavours to resolve any such Service Dispute by prompt discussion in good faith at a managerial level appropriate to the Service Dispute in question. This procedure shall be invoked by either Party giving notice to the other setting out the issues in the Service Dispute and referring to this paragraph and, unless the Parties agree otherwise, shall be treated as having been exhausted if the Service Dispute has not been resolv...

General Assumptions. The level of effort for each phase and work task is limited to the amount of labor and expenses indicated in the attached Project Budget spreadsheet. Costs are itemized to aid in project tracking purposes only. With appropriate approvals, the budget may be transferred between tasks, provided the total contracted amount is not exceeded.

General Assumptions. The overall cost estimate of the UBC Neighbourhood District Energy System (NDES) is a Class C estimate, which the Association of Consulting Engineering Companies British Columbia (ACEC-BC) defines in the following way: “An estimate prepared with limited site information, based on probable conditions affecting the project. It represents the summation of all identifiable project elemental costs and is used for program planning, to establish a more specific definition of client needs and to obtain preliminary project approval. Class C estimates typically have an accuracy of +/- 25-40%.” However, some elements of this cost estimate have a higher degree of accuracy and can be classified as Class B, defined by ACEC-BC in the following way: ”Class B estimate (+/- 15-25%): this is prepared after site investigations and studies have been completed and the major systems defined. It is based on a project brief and preliminary design.”

General Assumptions. All Service Levels are based on the following volume and transaction assumptions. . No Market makers/quotes . No unlimited feed by electronic order routing systems . No batch processed order routing systems; only continously loaded order routing systems . [**] Members at maximum . [**] Futures Products at maximum . [**] Options Products at maximum . [**] Series per Option at maximum . [**] Orders/sec (peak) in the most liquid futures product at maximum . [**] Orders/sec (peak) in all futures product at maximum . [**] Orders/sec (peak) in the most liquid options product at maximum . [**] Orders/sec (peak) in all options product at maximum . [**] Orders/sec (average per 20h-trading day) in the most liquid futures product at maximum . [**] Order/sec (average per 20h-trading day) in all futures product at maximum . [**] Orders/sec (average per 20h-trading day) in the most liquid options product at maximum . [**] Order/sec (average per 20h-trading day) in all options product at maximum . [**] Full-trades/sec (peak) in the most liquid product at maximum . [**] Full-trades/sec (peak) in all products at maximum . [**] Full-trades/sec (average) in the most liquid product at maximum . [**] Full-trade/sec (average) in all products at maximum . [**] Orders/20h-trading day at maximum . [**] Full-trades/20h-trading day at maximum

General Assumptions. 4.2.1 Unless otherwise stated, items are measured net in accordance with the drawings, and no allowance has been made in the quantities for waste. 4.2.2 The Prices and rates stated for each item in the ▇▇▇▇ of Quantities shall be treated as being fully inclusive of all work, risks, liabilities, obligations, overheads, profit and everything necessary as incurred or required by the Contractor in carrying out or providing that item. 4.2.3 An item against which no Price is entered will be treated as covered by other Prices or rates in the 4.2.4 The quantities contained in the ▇▇▇▇ of Quantities may not be final and do not necessarily represent the actual amount of work to be done. The quantities of work assessed and certified for payment by the Project Manager at each assessment date will be used for determining payments due. 4.2.5 The short descriptions of the items of payment given in the ▇▇▇▇ of quantities are only for the purposes of identifying the items. Detail regarding the extent of the work entailed under each item is provided in the Works Information.