Turnkey Basis Clause Samples

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Turnkey Basis. All ▇▇▇▇▇ drilled on the Contract Area shall be drilled on a Turnkey Basis at the rate set forth below in Section 4, unless otherwise agreed in Writing between Owner and Operator.
Turnkey Basis. On a turnkey basis, perform, furnish, be responsible for, and pay the cost of, all of the Work, including all services, labor, Equipment and Materials and supervision necessary to provide an operable Power Plant in accordance with the provisions of this Contract.
Turnkey Basis. Payment becomes due for all turnkey services when Contractor completes the drilling to Turnkey Depth and performs such other turnkey obligations as specified under this Contract. Payment for such work shall be due and payable within the period specified in Appendix A, following receipt of invoice by Operator.
Turnkey Basis. On a turnkey basis, Contractor shall perform, furnish, be responsible for, and, except for such equipment purchase agreements or purchase orders for which Contractor is acting as Owner’s agent, pay the cost of, all of the Work, including all services, labor, Equipment and Materials and supervision necessary to provide an operable Project to the extent and in accordance with the provisions of this Agreement. References to the obligations of Contractor under this Agreement as being “turnkey” and performing the Work on a “turnkey basis” means that Contractor is obligated to complete the Work such that the Project satisfies the applicable terms, conditions, Performance Guarantees, Substantial Completion Guaranteed Dates, the other guarantees as set forth in Exhibit I-1 and the requirements set forth in this Agreement, all for the Separated Contract Price.
Turnkey Basis. Payment of the Contract Price mentioned in Clause 2.1 here above shall be made in accordance with Para 3.12 of the Conditions of Contract SICET 2A attached hereto as Annexure VIII, which forms part of this Agreement
Turnkey Basis. On a turnkey basis, perform, furnish, be responsible for, and pay the cost of, all of the Work. Contractor acknowledges and agrees that this Agreement constitutes a fixed price obligation to engineer, design, procure, expedite, inventory, construct, test and start up a turnkey Project (including the training of the Operating Personnel), within the time and for the purpose designated herein. References to the obligations of Contractor under this Agreement as being “turnkey” and performing the Work on a “turnkey basis” means that Contractor is obligated to supply all of the Equipment and Materials, labor and design services and to supply and perform all of the Work, in each case as may reasonably be required, necessary, incidental, or appropriate (whether or not specifically set forth in this Agreement) to complete the Work such that the Project satisfies the applicable terms, conditions and requirements set forth in this Agreement, all for the Contract Price.

Related to Turnkey Basis

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Network Interconnection Methods 3.1 The Interconnection provided herein may not be used solely for the purpose of originating a Party’s own interexchange traffic.

  • PREVAILING WAGE RATES - PUBLIC WORKS AND BUILDING SERVICES CONTRACTS If any portion of work being Bid is subject to the prevailing wage rate provisions of the Labor Law, the following shall apply:

  • C1 Contract Price In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).

  • Construction Phase Services 3.1.1 – Basic Construction Services