Time and Materials Adjustments t o the Agreement Price Sample Clauses

Time and Materials Adjustments t o the Agreement Price. 9.12.1. If Owner has issued a Directive Letter to Contractor to proceed with the work, then Contractor shall be paid for the costs as set forth herein associated with the work defined in the Directive Letter on a time and materials basis provided that such costs are: (i) reasonably and properly incurred by Contractor; (ii) reasonably documented; (iii) those costs that would not have been incurred but for the change in the work or, in the case of Contractor's Proposed Change Order claims under Article 9.5 above, the events or circumstances for which Contractor is entitled to relief in accordance with the provisions of said Article 9.5 above.
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Related to Time and Materials Adjustments t o the Agreement Price

  • Contract Term Adjustment “Contract Term Adjustment” means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.

  • Price Schedule, Payment Terms and Billing, and Price Adjustments (a) Price Schedule: Price Schedule under this Contract is set forth in Exhibit B.

  • Agreement Price The "Agreement Price" shall be the higher of (a) the fair market value of the Shares to be purchased determined in good faith by the Board of Directors of the Company and (b) the original exercise price of the Shares to be purchased.

  • CLOSING COSTS AND ADJUSTMENTS All adjustments are made as of settlement date.

  • Price Adjustments for OGS Centralized Contracts Periodic price adjustments will occur no more than twice per year on a schedule to be established solely by OGS. Pricing offered shall be fixed for the first twelve (12) months of the Contract term. Such price increases will only apply to the OGS Centralized Contracts and shall not be applied retroactively to Authorized User Agreements or any Mini-bids already submitted to an Authorized User. Price decreases may be made at any time. Additionally, some price decreases shall be calculated in accordance with Appendix B, section 17, Pricing.