No Mark Up Clause Samples

The "No Mark Up" clause prohibits a party from adding any additional charges, fees, or profit margins to the actual cost of goods or services provided under the contract. In practice, this means that if a contractor purchases materials or hires subcontractors, they must invoice the client only for the exact amount paid, without inflating the price. This clause ensures transparency in billing and prevents hidden costs, ultimately protecting the client from overpaying and ensuring fair pricing throughout the project.
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No Mark Up. The Engineer shall not be entitled to any mark-up for overhead and profit on payments for Reimbursable Services. All costs and expenses for overhead and/or profit in connection with the provision of Reimbursable Services are deemed included in the Multiplier.
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No Mark Up. The Consultant shall not be entitled to any mark-up for overhead and profit on payments for Reimbursable Services hereunder. All costs and expenses for overhead and/or profit in connection with the provision of Reimbursable Services are deemed included in the Design Fee, or, if applicable, the All Inclusive Hourly Rates for Time Card Services.
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No Mark Up. The Contractor shall not be entitled to any mark-up whatsoever on payments for subcontracted Work performed by Subcontractors.
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No Mark Up. Subcontractor will invoice only for pass-through costs actually incurred, with no mark-up in cost.
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Related to No Mark Up

  • No MAE Since the Petition Date, nothing has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect (it being understood and agreed that the Cases, in and of themselves, shall not constitute a Material Adverse Effect).

  • No Marshaling Secured Party shall not be required to marshal any present or future collateral security (including this Security Agreement and the Collateral) for, or other assurances of payment of, the Obligations or any of them or to resort to such collateral security or other assurances of payment in any particular order. To the extent that it lawfully may, Grantor hereby agrees that it will not invoke any law relating to the marshaling of collateral which might cause delay in or impede the enforcement of Secured Party's rights under this Security Agreement or under any other instrument creating or evidencing any of the Obligations or under which any of the Obligations is outstanding or by which any of the Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, Grantor hereby irrevocably waives the benefits of all such laws.

  • No Marshalling Each Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Obligations.

  • No Air Rights No rights to any view or to light or air over any property, whether belonging to Landlord or any other person, are granted to Tenant by this Lease. If at any time any windows of the Premises are temporarily darkened or the light or view therefrom is obstructed by reason of any repairs, improvements, maintenance or cleaning in or about the Project, the same shall be without liability to Landlord and without any reduction or diminution of Tenant’s obligations under this Lease.

  • No Mergers, Etc The Transferor will not (i) consolidate or merge with or into any other Person, or (ii) sell, lease or transfer all or substantially all of its assets to any other person.