Revised Estimate definition
Examples of Revised Estimate in a sentence
The negotiated manhour and material dollars shall then be entered in the provided "Revised Estimate" blocks with the required signatures as indicated in 6.3.
A “Materially Revised Estimate” shall be a Revised Estimate with an anticipated Substantial Completion Date of such repair work which is later than all of the following: (x) the Casualty Deadline, (y) 60 days after the date set forth by the contractor in the Initial Estimate as the Substantial Completion Date for the repair work, and (z) 30 days after the Substantial Completion Date for the repair work theretofore set forth in the most recently delivered Revised Estimate.
The Revised Estimate Notice will set out the Re-estimated Project Costs, the resulting Estimated Capital Variance and any required adjustments to the Fixed Toll.
In the event Tenant shall not elect to terminate this Lease within the 30 day period set forth above, Tenant also shall not thereafter have a right to terminate this Lease under this Section 16.03 with respect to the Casualty in question unless and until Tenant (at Tenant’s request or at Landlord’s initiative) shall receive another Materially Revised Estimate.
The fact that Tenant shall not have exercised its right of termination as herein described with respect to any Materially Revised Estimate previously received by Tenant, shall not preclude Tenant from exercising such right on a future date in connection with any subsequent Materially Revised Estimate Tenant shall receive.
In the event that Tenant (at Tenant’s request or at Landlord’s initiative) shall have received a Materially Revised Estimate, Tenant shall have a further right to terminate this Lease upon written notice to Landlord given not later than 30 days following Tenant’s receipt of such Materially Revised Estimate, and such termination shall be effective on the date which is 30 days following the date Landlord receives Tenant’s notice.
Each Expense Estimate and Revised Estimate delivered pursuant to Section 4.03B hereof, and 8 each Expense Statement delivered pursuant to Section 4.03E hereof, shall include a separate calculation 9 of Tenant's CAM Payment.
Shipper shall have the right to conduct a single audit of the calculations underlying the Re-estimated Project Costs within 6 months of the date of the Revised Estimate Notice, in accordance with the audit procedure in Section 10.2 of the Agreement.
If Customer has any comments on the Revised Estimate, Netcompany shall be notified in writing without undue delay.
The Initial Estimate as well as any Revised Estimate (as defined below) shall be broken down into the activities to be performed in the SOW.