Actual Figures Sample Clauses

The "Actual Figures" clause defines the requirement that all reported numbers, such as costs, revenues, or quantities, must reflect the true, verified amounts incurred or realized during the course of an agreement. In practice, this means that parties must use real, documented data—such as invoices, receipts, or official records—when providing figures for billing, reimbursement, or performance measurement. By mandating the use of actual rather than estimated or projected numbers, this clause ensures accuracy and transparency, reducing the risk of disputes over payments or performance outcomes.