Common use of Sufficiency of the Consideration Clause in Contracts

Sufficiency of the Consideration. 17.6.1. In this Contract, the term “Consideration” shall refer to any of the Lump Sum Price, the Support Services Price, the Variation Order Price and the Spare Parts Price. 17.6.2. The Consideration shall be the full consideration for the performance of Contractor's obligations as stipulated in this Contract, and shall include any and all costs and expenses incurred by the Contractor in the performance of its obligations, including working hours, packaging, customs, taxes, insurance, errands, per diem expenses and travel expenses and any other expense. The Contractor shall not be entitled to any additional payment beyond the prices stipulated in the Price Proposal. 17.6.3. No adjustment of the Consideration or the prices herein shall be made, including in respect of any rise in the cost of labor, materials, transport or any matter affecting the cost of the execution of the Works during the term of this Contract, except in the event of a Variation, or as provided otherwise elsewhere in this Contract. 17.6.4. The Contractor shall be deemed to have inspected, examined and familiarized itself with the scope and nature of the Works, the conditions of the Site and any other circumstances and risks which may affect the assumption of its obligations under the Contract, and to be satisfied as to the correctness and sufficiency of the Consideration.

Sufficiency of the Consideration. 17.6.119.6.1. In this Contract, the term “Consideration” shall refer to any of the Lump Sum System Price, the Support Services Price, Maintenance Price and the Variation Order Price and the Spare Parts Price. 17.6.219.6.2. The Consideration shall be the full consideration for the performance of ContractorSupplier's obligations as stipulated in this Contract, and shall include any and all costs and expenses incurred by the Contractor Supplier in the performance of its obligations, including working hours, packaging, customs, taxes, insurance, errands, per diem expenses and travel expenses and any other expense. The Contractor Supplier shall not be entitled to any additional payment beyond the prices stipulated in the Price Proposal. 17.6.319.6.3. No adjustment of the Consideration or the prices herein shall be made, including in respect of any rise in the cost of labor, materials, transport or any matter affecting the cost of the execution of the Works during the term of this Contract, except in the event of a Variation, or as provided otherwise elsewhere in this Contract. 17.6.419.6.4. The Contractor Supplier shall be deemed to have inspected, examined and familiarized itself with the scope and nature of the Works, the conditions of the Site and any other circumstances and risks which may affect the assumption of its obligations under the Contract, and to be satisfied as to the correctness and sufficiency of the Consideration.