Implementation Charges definition
Examples of Implementation Charges in a sentence
If the final Acceptance Date is after the final Planned Acceptance Date then the Contractor shall pay to the Purchaser a sum equal to [1]% of the total Implementation Charges for each week (or part thereof) elapsing from the final Planned Acceptance Date until the actual final Acceptance Date, provided that the amount payable by the Contractor under this Clause 8 shall not exceed a sum equal to [12]% of the total Implementation Charges.
If the final Acceptance Date is after the final Planned Acceptance Date then the Contractor shall pay to the Purchaser a sum equal to 1% of the total Implementation Charges for each week (or part thereof) elapsing from the final Planned Acceptance Date until the actual final Acceptance Date, provided that the amount payable by the Contractor under this Clause 10 shall not exceed a sum equal to 12% of the total Implementation Charges.
Implementation Charges are defined as the incurred fees for the provision of implementation services as set out in the relevant Statement of Work.
The Contractor may submit invoices for Implementation Charges in accordance with Annex 1 of each Work Contract.
The amount of Liquidated Damages applicable to each Key Milestone shall be 10% of the forecast Implementation Charges for the specific Work Contract in question divided by the number of the Key Milestones, and shall be set out in paragraph 6 of Annex 1 of each Work Contract or Grouped Work Contract.
If the final Acceptance Date is after the final Planned Acceptance Date then the Contractor shall pay to the Purchaser a sum equal to 1% of the total Implementation Charges for each week (or part thereof) elapsing from the final Planned Acceptance Date until the actual final Acceptance Date, provided that the amount payable by the Contractor under this Clause 8 shall not exceed a sum equal to 12% of the total Implementation Charges.
Pricing: Implementation Charges: KSC will be paid on a time and materials basis for work under the Implementation Plan, as specified in the Implementation Plan.
The Customer further acknowledges that such delays or failures may result in additional Implementation Charges.
If Client shall exercise its right in this regard the provisions of clauses 28.5 and 28.6 and, where appropriate, clause 28.10, shall apply in relation to the Implementation Charges.
The Parties shall agree the additional Modules and the additional Charges payable (including Platform Access Charges, Professional services fees, Implementation Charges and Hosting and Storage Charges where applicable), and the Schedules shall be updated accordingly, signed by both Parties and appended to this Agreement.