Increases of More than 25 Percent Sample Clauses

The "Increases of More than 25 Percent" clause sets a threshold for allowable increases in certain costs, prices, or quantities, typically within a contract or agreement. If an increase exceeds 25 percent compared to an original or previously agreed-upon amount, this clause may trigger additional review, renegotiation, or require explicit consent from the affected parties. Its core practical function is to protect parties from unexpected or excessive changes, ensuring predictability and fairness in contractual relationships.
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Increases of More than 25 Percent. MODIFY to ADD the following:
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Increases of More than 25 Percent. If the total pay quantity of a minor item exceeds the estimated quantity by more than 25%, the quantity of work in excess of 125% of the estimated quantity shall be paid for (i) by adjusting the Contract unit price for the quantity exceeding 125% (and only for that "excess" quantity) in the manner described in this Article; (ii) at the option of the Engineer, on a cost-plus basis as provided in Article 1.09.04; or (iii) on any basis agreed upon in writing by the Engineer and the Contractor.
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Related to Increases of More than 25 Percent

  • Merit Increases Merit increases shall be based on satisfactory service. Employees shall be eligible for in-range merit increases on their established anniversary date until such time they have reached the top step of the classification in which they are employed. The eligibility date, for the purpose of this section, shall be the date upon which the employees are granted their first in-range merit increase to the next step of their pay range. This eligibility date may be changed as a result of the timing of future in-range merit increases, promotions or reclassifications.

  • Benefit Increases Benefit payments may be increased as provided in Section 2.1.3.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

  • Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person, shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 x A/B where: A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person.

  • Least-cost Selection Services for assignments which the Association agrees meet the requirements of paragraph 3.6 of the Consultant Guidelines may be procured under contracts awarded on the basis of Least-cost Selection in accordance with the provisions of paragraphs 3.1 and 3.6 of the Consultant Guidelines.