Common use of ACCEPTANCE AND COST SHARING Clause in Contracts

ACCEPTANCE AND COST SHARING. Boeing may accept, in whole or in part, any proposal by issuing a change order. Until such change has been issued, Seller shall remain obligated to perform in accordance with the terms and requirements of the original Order as written. Boeing and Seller shall share the savings as follows: (50%) savings to Boeing; (50%) savings to Seller. Seller shall include with each proposal verifiable cost records and other data as required by Boeing for proposal review and analysis. Each party shall be responsible for its own implementation costs, including but not limited to non-recurring costs.

Appears in 4 contracts

Samples: General Terms Agreement (Decrane Aircraft Holdings Inc), Special Business (Audio International Inc), Special Business Provisions (Decrane Holdings Co)

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ACCEPTANCE AND COST SHARING. Boeing may accept, in whole or in part, any proposal by issuing a change order. Until such change has been issued, Seller shall remain obligated to perform in accordance with the terms and requirements of the original Order as written. Boeing and Seller shall share the savings as follows: (50%) * savings to Boeing; (50%) * savings to Seller. Seller shall include with each proposal verifiable cost records and other data as required by Boeing for proposal review and analysis. Each party shall be responsible for its own implementation costs, including but not limited to non-recurring costs.

Appears in 3 contracts

Samples: Kaynar Technologies Inc, Kaynar Holdings Inc, Kaynar Holdings Inc

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ACCEPTANCE AND COST SHARING. Boeing may accept, in whole or in part, any proposal by issuing a change order. Until such change has been issued, Seller shall remain obligated to perform in accordance with the terms and requirements of the original Order as written. Boeing and Seller shall share the savings as follows: (50%) savings to Boeing; (50%) savings to Seller. Seller shall include with each proposal verifiable cost records and other data as required by Boeing for proposal review and analysis. Each party shall be responsible for its own implementation costs, including but not limited to non-recurring costs.:

Appears in 2 contracts

Samples: General Terms Agreement (Lmi Aerospace Inc), Pacific Aerospace & Electronics Inc

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