No Markup Sample Clauses

The "No Markup" clause prohibits a party from adding any additional charges, fees, or profit margins to the actual cost of goods or services provided under the agreement. In practice, this means that if a contractor purchases materials or hires subcontractors, they must bill 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.
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No Markup. The Parties agree that in respect of any costs or expenses incurred by WBRDC with respect to any non-Affiliated third party sublicensee, all costs will be charged by WBRDC on a cost recovery basis with no markup.
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No Markup. No markup, profit margin, rate of return, or any other such number, factor, or rate shall be applied by Service Provider in any manner in any calculation performed pursuant to the Method. This principle shall not pertain to Cost of Capital.
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No Markup. The Parties agree that in respect of any costs or expenses incurred by ▇▇▇ with respect to any non-Affiliated third party sublicensee, all costs will be charged by ▇▇▇ on a cost recovery basis with no markup.
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No Markup. The Parties agree that in respect of any costs or expenses incurred by the licensee Party with respect to any non-Affiliated third party sublicensee, all costs will be charged by the licensee Party on a cost recovery basis with no markup.
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No Markup. This option doesn't show any changes.
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No Markup. In no event shall NAES add any mark-up to the Operating Costs or the Reimbursable Costs, provided however that (i) contracts to be performed by an Affiliate or division of NAES and (ii) Home Office Personnel time for Phase I work or extra work under Section 14.6.2 shall not be subject to this limitation, if approved by Owner consistent with the requirements of this Agreement.
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Related to No Markup

  • 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 ▇▇▇▇▇▇ Nothing in this document in any way restricts or otherwise affects the City’s unfettered discretion to exercise its statutory powers as a public authority.

  • No Material Changes, Etc Since the Balance Sheet Date, there has occurred no material adverse change in the financial condition or assets or business of the Borrower as shown on or reflected in the balance sheet of the Borrower as of the Balance Sheet Date, or the statement of income for the fiscal year then ended, other than changes in the ordinary course of business that have not had any Material Adverse Effect either individually or in the aggregate.

  • No U S. federal or state agency or any agency of any other jurisdiction has made any finding or determination as to the fairness of the terms of the Offering for investment nor any recommendation or endorsement of the Debentures.

  • No Material Changes Prior to and on each of the Closing Date and the Option Closing Date, if any, (i) there shall have been no material adverse change or development involving a prospective material adverse change in the condition or prospects or the business activities, financial or otherwise, of the Company from the latest dates as of which such condition is set forth in the Registration Statement and the Prospectus, (ii) no action suit or proceeding, at law or in equity, shall have been pending or threatened against the Company or any Insider before or by any court or federal, foreign or state commission, board or other administrative agency wherein an unfavorable decision, ruling or finding may materially adversely affect the business, operations, or financial condition or income of the Company, except as set forth in the Registration Statement and the Prospectus, (iii) no stop order shall have been issued under the Act and no proceedings therefor shall have been initiated or, to the Company’s knowledge, assuming reasonable inquiry, threatened by the Commission, and (iv) the Registration Statement, the Sale Preliminary Prospectus and the Prospectus and any amendments or supplements thereto shall contain all material statements which are required to be stated therein in accordance with the Act and the Regulations and shall conform in all material respects to the requirements of the Act and the Regulations, and neither the Registration Statement, the Sale Preliminary Prospectus nor the Prospectus nor any amendment or supplement thereto shall contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.