ABB Sample Clauses
The ABB clause, often referring to "As-Built Basis" or "As-Built Basis Billing," defines how work progress or completed work is measured and billed based on actual, documented construction or project status. In practice, this clause requires contractors to provide detailed records or drawings reflecting the true, completed state of the project, which then serve as the basis for payment or certification. By relying on as-built documentation, the ABB clause ensures that payments and project assessments are grounded in verified, real-world progress, thereby reducing disputes over work completion and promoting transparency between parties.
ABB. Two Hundred Fifty Dollars ($250) per kW for each full kW of performance more than the Bonus KW Output increase level calculated as follows for those Units subject to Bonus: KWB = [PIKW - (POKW * 1.161)] x $250 Where: KWB = KW Output Bonus (calculation must result in a positive number to require payment of bonus) POKW = Sum of the Pre-Outage Measured KW PIKW = Sum of the Post Installation Measured KW
ABB. Beginning with the April 1, 1998, payment and each year thereafter, monthly payments will be calculated in accordance with the following formula: BASE PRICE FORMULA: BPAMP = [BPRCV / ((864,000 - CAEOH) / 8,000] x EOH x E&CAF SECOND BASE PRICE FORMULA: SBPAMP = [SBPRCV / ((1,440,000 - CAEOH) / 8,000] x EOH x E&CAF Where: BPAMP = Adjusted Base Price Monthly Payments SBPAMP = Adjusted Second Base Price Monthly Payments BPRCV = $158,000,000 less all amounts previously paid during the Base Period SBPRCV = $108,493,333 less all amounts previously paid during the Second Base Period 864,000= Base Price total contract EOH (12 units x 8,000 EOH x 9 years) 1,440,000 = Second Base Price total contract EOH (12 units x 8,000 EOH x 15 years) CAEOH = Cumulative actual EOH of all units as of March 1 of each year 8,000 = 8,000 EOH per unit x 12 units / 12 months per year EOH = CAEOH / Cumulative assumed EOH of all units as of March 1 of each year (12 units x 8,000 EOH x number of years into the contract EOH, utilizing March 1, 1994, as EOH start date) E&CAF = Cumulative Escalation and Yearly Currency Adjustment Factor (Base Year 1993) in accordance with this Article 5. *** SEE EXHIBIT D FOR SAMPLE CALCULATION.
ABB. Swiss inflation indices as of the calendar quarter of the year in which the payment is to be made, relative to the first calendar quarter of 1998, pursuant to Sections 5.5 (b) of the Service Agreement, and for
ABB. If additional services are requested or required, we will be pleased to provide you with a supplemental services agreement once the scope of additional services is defined.
ABB. Pursuant to the consummation of the transactions contemplated by the Note Purchase Agreement, DEGS GASCO is not obliged to make payments otherwise due to BMC under the Notes to ABB.
ABB. Effective immediately the monthly IF payments, for each month in the contract fiscal year of April to March, after being adjusted for EOH will then be increased or decreased, as the case may be, by the same percentage as each of the following: Fifty percent (50%) of the increase or decrease, if any, in the "Industry Labor Index", as defined and calculated pursuant to Section 5.3(b) of the Service Agreement, from January of the previous year to January of the subject calendar year and Fifty percent (50%) of the increase or decrease, if any, in the "Millwright Wage Rate", as defined and calculated pursuant to Section 5.3(b) of the Service Agreement, from January 1 of the previous calendar year to January of the subject calendar year and as shown in the formula contained in 5.3 (a)(6) below.
ABB. ABB shall be paid any performance bonus for the units actually installed and be responsible for any LDs for the units actually installed which are not returned to 11N configuration. - All other provisions of this Amendment shall be considered terminated, except that ABB shall be obligated to support all 11 NM GT Units (if any) under the Contract which are retained in operation by MCV and the Contract will be restated as if this Amendment No. 2 never existed.