Contract Backlog Sample Clauses

Contract Backlog. SCHEDULE 2.28 sets forth, with respect to EOIR, a complete and accurate list, on a contract by contract basis determined as of December 31, 2003, of the revenues to be recognized from signed contracts not anticipated to be canceled (the "CONTRACT BACKLOG"). The revenue amounts comprising the Contract Backlog, individually and in the aggregate, constitute the best estimate of such amounts as of such date, based upon presently existing facts and circumstances. There has not been any adverse change to the total Contract Backlog since April 30, 2004.
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Contract Backlog. Borrower shall maintain Contract Backlog, as of the last day of each fiscal quarter ending on the date set forth in the table below, at a minimum amount equal to or greater than the corresponding level set forth opposite such period: Period Ending Contract Backlog June 30, 2017 $60,000,000 September 30, 2017 $60,000,000 December 31, 2017 $60,000,000 March 31, 2018 $65,000,000 June 30, 2018 $65,000,000 September 30, 2018 $65,000,000 December 31, 2018 $65,000,000 March 31, 2019 and each fiscal quarter thereafter $70,000,000
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Contract Backlog. Schedule 3.29 sets forth a complete and accurate list, on a contract-by-contract basis determined as of March 31, 2013, of the Contract Backlog of the Company. For purposes of this Section 3.29, “Contract Backlog” means revenues projected to be recognized from signed Contracts on hand with respect to which cancellation is not anticipated by the Company. With respect to the Contracts listed on Schedule 3.09, each Contract which has been funded is so indicated. The Contract Backlog amounts set forth on Schedule 3.29, both individually and in the aggregate, constitute Seller’s best obtainable estimate of such amounts as of such date, based upon then-existing facts and circumstances known to Seller and the Company, and are based upon utilizing the existing rates, quotes, contracts, wages and operating costs of Seller. Since the date of the Balance Sheet, there has not been a material (more than 10%) reduction in total Contract Backlog.
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Contract Backlog. Schedule 4.27 sets forth a complete and accurate list, on a contract-by-contract basis determined as of March 31, 2008, of the Contract Backlog of the Company and its Subsidiaries. For purposes of this Section 4.27, the term “Contract Backlog” means revenues projected to be recognized from signed Contracts on hand with respect to which cancellation is not anticipated by the Company or its Subsidiaries. With respect to the Contracts listed on Schedule 4.8, each Contract which has been funded is so indicated. The Contract Backlog amounts set forth on Schedule 4.27, both individually and in the aggregate, constitute the Company’s best obtainable estimate of such amounts as of such date, based upon then-existing facts and circumstances known to the Company. Since the date of the most recent balance sheet in the Financial Statements, there has not been a material (more than 10%) reduction in total Contract Backlog.
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Contract Backlog a. Actual: $
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Contract Backlog. Not later than 60 days after and as of the end of ---------------- each fiscal year, a current backlog status report which details all new contracts added during the period certified by an officer of the Borrower.
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Contract Backlog. Schedule 4.27 sets forth a complete and accurate list, on a contract-by-contract basis determined as of Closing Date, of the Contract Backlog of Abacus. For purposes of this Section 4.27, the term “Contract Backlog” means revenues projected to be recognized from signed Contracts on hand with respect to which cancellation is not anticipated by Abacus. With respect to the Contracts listed on Schedule 4.8, each Contract which has been funded is so indicated. The Contract Backlog amounts set forth on Schedule 4.27, both individually and in the aggregate, constitute Abacus’s best obtainable estimate of such amounts as of such date, based upon then-existing facts and circumstances known to Abacus. Since the date of the most recent balance sheet in the Financial Statements, there has not been a material (more than 10%) reduction in total Contract Backlog.
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Related to Contract Backlog

  • Backlog Backlog represents the total estimated contract value of work that remains to be completed pursuant to outstanding contracts as at a certain date, net of estimated value added tax, and is based on the Group’s assumption that the relevant contracts will be performed in accordance with their terms. Backlog is not a measure defined by generally accepted accounting principles. Any modification, termination or suspension of these contracts by the Group’s clients may have a substantial and immediate effect on the Group’s backlog. Projects may also remain in the Group’s backlog for an extended period of time beyond what was initially anticipated due to various factors beyond the Group’s control. The table below sets out the details of the total value of new contracts entered into by the Group and its backlog categorised by (1) business segments; (2) the industries in which the Group’s clients operate; (3) regions; and (4) clients of each of (i) China Petrochemical Corporation (“Sinopec Group”) and its associates and (ii) the non- Sinopec Group and its associates during the period or as at the date indicated: Total of New Contract Value For the nine months ended 30 September 2019 Backlog As at 30 September 2019 (RMB thousand) Percentage(%) (RMB thousand) Percentage(%) Business segments Engineering, Consulting and Licensing 2,087,308 5.11 8,422,220 8.52 EPC Contracting 26,581,961 65.13 77,172,248 78.04 Construction 11,092,183 27.18 11,932,488 12.07 Equipment Manufacturing 1,051,892 2.58 1,367,163 1.37 Total 40,813,344 100.00 98,894,119 100.00 Industries in which the Group’s clients operate Oil Refining 11,640,411 28.52 31,912,317 32.27 Petrochemical 17,952,459 43.99 29,329,345 29.66 New Coal Chemicals 4,844,253 11.87 12,093,899 12.23 Other Industries 6,376,221 15.62 25,558,558 25.84 Total 40,813,344 100.00 98,894,119 100.00 Regions PRC 38,099,068 93.35 81,154,529 82.06 Overseas 2,714,276 6.65 17,739,590 17.94 Total 40,813,344 100.00 98,894,119 100.00 Clients of each of (i) Sinopec Group and its associates and (ii) the non-Sinopec Group and its associates Sinopec Group and its associates 25,847,830 63.33 54,640,843 55.25 Non-Sinopec Group and its associates 14,965,514 36.67 44,253,276 44.75 Total 40,813,344 100.00 98,894,119 100.00 The Board wishes to emphasise that the above information in relation to the representative new contracts, the total value of new contracts and backlog shall not constitute any forecast or prediction of the profits of the Group. This announcement is made by the order of the Board. The Board collectively and individually accepts responsibility for the accuracy of this announcement. Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company. By order of the Board SINOPEC ENGINEERING (GROUP) CO., LTD. Xxx Xxxxx Chief Financial Officer, Company Secretary Beijing, the PRC 15 October 2019 As at the date of this announcement, the executive Directors are XX Xxxx, XXXXX Xxxxx, XXX Xxxx (employee representative Director) and XXXX Xxxxxxxx (employee representative Director); the non- executive Directors are XX Xxxxxx and XX Xxxxxx; and the independent non-executive Directors are XXX Xxxx Xxxxx, Xxxxxxx, XXX Xxxx and XX Xxxxx.

  • Covered Contracts and Contractors If the Contract exceeds $100,000 and the Contractor employed more than 40 full-time employees on a single working day during the previous 12 months in Minnesota or in the state where it has its principle place of business, then the Contractor must comply with the requirements of Minnesota Statute § 363A.36 and Minnesota Rule Parts 5000.3400-5000.3600. A Contractor covered by Minnesota Statute § 363A.36 because it employed more than 40 full-time employees in another state and does not have a certificate of compliance, must certify that it is in compliance with federal affirmative action requirements.

  • Customer Contracts 6.2.1 The Redistributor should ensure that its contracts with its Customers give it all necessary rights to control and monitor Data use.

  • Contract Work The provision of goods and services identified in the Contract constitute the contract work (Contract Work). Contractor shall perform the Contract Work pursuant to the terms of the Contract. Contractor shall furnish all labor, materials, equipment, tools, transportation, services, appliances, and appurtenances for the Contract Work in strict conformity with this Contract, within the time-period prescribed by the City.

  • Business Contracts All contracts, agreements and personal property leases (other than the Real Property Leases, the Transferable Permits, the Fuel Contracts and the Colstrip Contracts) used primarily in the operation of the Colstrip Facilities, that are listed in Section 1.01(a)(v) of the Disclosure Schedule (the "Business Contracts");

  • Solicitations for Subcontracts, Including Procurement of Materials and Equipment In all solicitation, either by competitive bidding or negotiation, made by the Contractor for work to be performed under a subcontract, including procurement of materials or leases of equipment, each potential Subcontractor or supplier shall be notified by the Contractor of the Contractor’s obligations under this Agreement and the Regulations relative to non-discrimination on the grounds of race, color, or national origin.

  • Solicitations for Subcontracts, Including Procurements of Materials and Equipment In all solicitations either by competitive bidding or negotiation made by the Engineer for work to be performed under a subcontract, including procurements of materials or leases of equipment, each potential subcontractor or supplier shall be notified by the Engineer of the Engineer's obligations under this contract and the Regulations relative to nondiscrimination on the grounds of race, color, or national origin.

  • Contract Revisions Notwithstanding Contract Exhibit C, Special Contract Conditions section 6.9, the following types of revisions can be made to the Contract without a formal Contract amendment, upon written notice: Revisions by the Contractor:

  • Price Adjustments for OGS Centralized Contracts Periodic price adjustments will occur no more than twice per year on a schedule to be established solely by OGS. Pricing offered shall be fixed for the first twelve (12) months of the Contract term. Such price increases will only apply to the OGS Centralized Contracts and shall not be applied retroactively to Authorized User Agreements or any Mini-bids already submitted to an Authorized User. Price Decreases Price decreases may be made at any time. Additionally, some price decreases shall be calculated in accordance with Appendix B, section 17, Pricing.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

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