Adjustment to Guaranteed Price Sample Clauses

Adjustment to Guaranteed Price. Project Co represents and warrants that at the date hereof the Guaranteed Price is [REDACTED] exclusive of Value Added Tax (as defined in the Construction Contract) and that the Cost of the Financing and the Cost of the Work are as set out in the Financial Model. Each of Project Co and Hospital acknowledges that the Project Debt Interest Cost is a component of the Cost of the Financing and that the Project Debt Interest Cost is subject to adjustment under Section 2.7. Each of Project Co and Hospital further acknowledges that the Cost of the Work is subject to adjustment, where provided for, under any future post-award addenda issued to the Contracting Parties. Each of Project Co and Hospital acknowledges and agrees that, subject to adjustments made in accordance with the provisions of the Construction Contract, the final Guaranteed Price shall be determined on the basis of such final adjusted Cost of the Financing and final adjusted Cost of the Work as of the date of Financial Close.
Sample 1
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Adjustment to Guaranteed Price. Project Co represents and warrants that the Guaranteed Price is $19,399,550 exclusive of Value Added Taxes (as defined in the Construction Contract) and that the Cost of the Financing and the Cost of the Work are as set out in the Financial Model. Each of Project Co and Hospital acknowledges that the Project Debt Interest Cost is a component of the Cost of the Financing and that the Project Debt Interest Cost is subject to adjustment under Section 2.7 as at the date of Financial Close. Each of Project Co and Hospital further acknowledges that the Cost of the Work is subject to adjustment, where provided for, under any post-award addenda issued to the Contracting Parties. Each of Project Co and Hospital acknowledges and agrees that, subject to adjustments made in accordance with the provisions of the Construction Contract, the final Guaranteed Price shall be determined on the basis of such final adjusted Cost of the Financing and final adjusted Cost of the Work as of the date of Financial Close.
Sample 1
Adjustment to Guaranteed Price. The Contracting Parties represent and warrant that the Guaranteed Price is $140,470,538.00 exclusive of Value Added Taxes as defined in the Construction Contract and that the Cost of the Financing and the Cost of the Work are set out in the Financial Model attached hereto as Schedule 5 – Financial Model and Information. The Parties acknowledge that the Project Debt Interest Cost is a component of the Cost of the Financing and that the Project Debt Interest Cost is subject to adjustment under Section 2.7 as at the date of Financial Close. The Parties acknowledge and agree that the final Guaranteed Price shall be determined on the basis of (i) such final adjusted Cost of the Financing and (ii) the final adjusted Cost of the Work, both as of the date of Financial Close. As of the date of Financial Close, the Cost of the Work shall be adjusted to take into account only (i) changes, after Commercial Close, to the specifications and drawings listed in the Construction Contract and (ii) [REDACTED]. The Financial Model shall be updated to reflect any adjustment under Section 2.7 and any adjustment to the Cost of the Work under this Section 2.8 and such updated Financial Model shall replace the Financial Model attached hereto at Schedule 5-Financial Model and Information
Sample 1
Adjustment to Guaranteed Price. The Contracting Parties represent and warrant that at the date hereof the Guaranteed Price is $[REDACTED] exclusive of Value Added Tax (as defined in the Construction Contract) and which Value Added Tax is payable on the Guaranteed Price at the applicable rate and that the Cost of the Financing and the Cost of the Work are as set out in the [REDACTED]. The Parties acknowledge that the Project Debt Interest Cost is a component of the Cost of the Financing and that the Project Debt Interest Cost is subject to adjustment under Section 2.7 as at the date set out in Section 2.7. The Parties further acknowledge that the Cost of the Work is subject to adjustment, where provided for, under any future post-award addenda issued to the Contracting Parties. The Parties acknowledge and agree that, subject to adjustments made in accordance with the provisions of the Construction Contract, the final Guaranteed Price shall be determined on the basis of such final adjusted Cost of the Financing and final adjusted Cost of the Work as of the date of Financial Close.
Sample 1
Adjustment to Guaranteed Price. The Contracting Parties represent and warrant that the Guaranteed Price is Ninety Two Million, Eight Hundred and Fifty Five Thousand Dollars ($92, 855, 000) and that Cost of the Financing and the Cost of the Work are calculated in a manner consistent in all material respects with the Financial Model. The Parties acknowledge that the Project Debt Interest Cost is a component of the Cost of the Financing and that the Project Debt Interest Cost is subject to adjustment under Section 2.7 as at the date of Financial Close. The Parties further acknowledge that the Cost of the Work is subject to adjustment, where provided for, under any post-award addenda issued to Contracting Parties. The Parties acknowledge and agree that the final Guaranteed Price shall be determined on the basis of such final adjusted Cost of the Financing and final adjusted Cost of the Work as of the date of Financial Close. [DELETED]
Sample 1
Adjustment to Guaranteed Price. The Contracting Parties represent and warrant that the Guaranteed Price is [DELETED] and the Cost of the Financing and the Cost of the Work are calculated in a manner consistent in all material respects with [DELETED]. The Parties acknowledge that the Project Debt Interest Cost is a component of the Cost of the Financing and that the Project Debt Interest Cost is subject to adjustment under Section 2.7 as at the date of Financial Close. The Parties further acknowledge that the Cost of the Work is subject to adjustment, where provided for, under any post-award addenda issued to Contracting Parties. The Parties acknowledge and agree that the final Guaranteed Price shall be determined on the basis of such final adjusted Cost of the Financing and final adjusted Cost of the Work as of the date of Financial Close. [DELETED]
Sample 1
Adjustment to Guaranteed Price. Project Co represents and warrants that the Guaranteed Price is $[REDACTED] exclusive of Value Added Taxes (as defined in the Construction Contract) and which Value Added Taxes are payable on the Guaranteed Price at the applicable rate and the Cost of the Financing and the Cost of the Work are as set out in the [REDACTED]. Each of Project Co and Hospital acknowledge that the Project Debt Interest Cost is a component of the Cost of the Financing and that the Project Debt Interest Cost is subject to adjustment under Section 2.7 as at the date of Financial Close. Each of Project Co and Hospital further acknowledges that the Cost of the Work is subject to adjustment, where provided for, under any post-award addenda issued to the Contracting Parties. Each of Project Co and Hospital acknowledges and agrees that, subject to adjustments made in accordance with the provisions of the Construction Contract, the final Guaranteed Price shall be determined on the basis of such final adjusted Cost of the Financing and final adjusted Cost of the Work as of the date of Financial Close.
Sample 1
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Related to Adjustment to Guaranteed Price

  • Contingent Price Adjustment It is the policy of the State of Oregon that unprocessed timber shall not be exported from lands owned or managed by the STATE or any of its political subdivisions or agencies, in accordance with the terms of current federal law and the Constitution and the laws of the State of Oregon. PURCHASER specifically agrees that Section 1 is a material term of this contract and is part of the consideration offered to STATE in return for STATE's performance. In the event that any federal law or state constitutional provision or law or any provision of this contract concerning export of unprocessed timber is declared invalid by any court or administrative tribunal, PURCHASER agrees to pay to STATE a contingent price in the amount of the difference between the purchase price set forth in this section and the price obtained by PURCHASER for the exported unprocessed timber. The default provisions of OAR 629-032-0000 through 629-032-0070 shall not apply to exported unprocessed timber. In the event that timber made available under this contract is exported in violation of this contract, PURCHASER shall be in material breach of the contract. STATE shall be entitled to cease performance of the contract and recover, in addition to the adjusted price set out above, a further sum estimated to compensate for administrative expense and the economic impact of the violation upon the State and its citizens. In no case shall this additional amount be less than $10,000 per incident.

  • Purchase Price Adjustment (a) As soon as reasonably practicable, following each Closing Date, Purchaser shall prepare, or shall cause to be prepared, a Final Closing Statement for each Target Business Segment that is the subject of such Closing and a certificate of the chief financial officer directly overseeing the Target Companies comprising such Target Business Segment certifying that the Final Closing Statement was prepared in accordance with the Agreed Accounting Principles and engage Deloitte and Touche LLP (or such other registered public accounting firm of international reputation which is mutually acceptable to Parent and Purchaser) (the “Accounting Expert”) to (i) audit the Final Closing Statement and issue a report thereon, and (ii) certify in writing to Parent and Purchaser that such audit was conducted in accordance with the terms hereof, and Purchaser shall cause such report and such certificate to be produced no later than 120 days following each Closing Date. The Accounting Expert shall be provided reasonable access to the books, records and other relevant information of the Target Companies, Purchaser, Parent and their respective Representatives, to the extent necessary to complete its audit of the Final Closing Statement, and Purchaser and Parent shall, and shall cause their Representatives (including the Subject Companies) to, make reasonably available their respective personnel directly responsible for and knowledgeable about the information to be used in, and reasonably necessary for the preparation of, such Final Closing Statement and in order to respond to inquiries made by the Accounting Expert, and Purchaser shall cause the Subject Companies to prepare and deliver customary management representation letters as may be requested by the Accounting Expert. Parent shall be provided reasonable access to the books, records and other relevant information of the Target Companies, Purchaser, and their respective Representatives (including the working papers of Parent and the Accounting Expert in connection with the preparation and audit of the applicable Final Closing Statement), and Purchaser and Parent shall, and shall cause their Representatives (including the Subject Companies) to, make reasonably available their respective personnel directly responsible for and knowledgeable about the information to be used in the Final Closing Statement in order to respond to inquiries made by Parent. The Final Closing Statement shall be final and binding and shall be used in determining the Adjustment Amount, absent manifest error. The fees and expenses of the Accounting Expert shall be borne by Parent.

  • CONTRACT PRICE/PRICE LIMITATION/ PAYMENT 5.1 The contract price, method of payment, and terms of payment are identified and more particularly described in EXHIBIT C which is incorporated herein by reference.

  • Adjustments to Purchase Price The Purchase Price shall be adjusted as follows:

  • Guaranteed Maximum Price The anticipated Guaranteed Maximum Price for the Project at the time this Agreement is executed is: Fifty Million, Six Hundred Four Thousand, Eight Hundred Fifty-Five and no/100 Dollars ($ 50,604,855.00);

  • Contract Price Adjustment The basis upon which the Contract Price shall be adjusted is as set out in paragraph 9.2 of Schedule IVB.

  • PURCHASE PRICE & PAYMENT The total Purchase Price for the Property is the amount of the successful bid for the parcel at public auction.

  • Price Adjustment Civil works contracts of long duration (more than 18 months) shall contain an appropriate price adjustment clause.

  • Fixed Price CLIN(s), Fixed-Price Incentive (Firm Target) CLIN(s) only. 52.246-17 WARRANTY OF SUPPLIES OF A NONCOMPLEX NATURE (JUN 2003) - ALTERNATE IV (APR 1984) Para (b), Period of time is '"To be cited in each individual task order"' Para (c), Period of time is '"To be cited in each individual task order"' 52.246-18 WARRANTY OF SUPPLIES OF A COMPLEX NATURE (MAY 2001) Para (b)(1), Warranty period or event is '"To be cited in each individual task order"' Para (c)(3), Period of time is '"To be cited in each individual task order"' Para (c)(3), Period of time is '"To be cited in each individual task order"' Para (c)(3), Period is '"To be cited in each individual task order"' Para (c)(4), Period is '"To be cited in each individual task order"' Para (c)(4), Period is '"To be cited in each individual task order"'

  • Calculation of Liquidation Amount Upon the occurrence of a Liquidation Date:

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