Cost Review. On April 15, 1999, the parties shall review the actual costs incurred by them individually and jointly for operation during the previous six (6) months, with a view to adjusting the above the formulas to reflect the actual costs incurred while maintaining the margin objectives of the parties. ILSI and FMN each commit to working to reduce costs throughout the loan process and sharing cost-saving data with each other. ILSI shall have access to FMN's books and records to determine what cost savings, if any, have been achieved; ILSI may appoint, at its expense, an auditor to review the books and records of FMN to the extent they relate to ILSI. Initial cost-reduction projects are set forth on Appendix B attached hereto.
Cost Review. Within ninety (90) days after the end of each calendar year, Contractor will cause its regular independent auditor (“Contractor’s Auditor”) to commence a review of the accuracy and validity of the Costs and related calculations under Section 15.7(ii) (the “Intermodal Cost Review”). Within sixty (60) days after commencing the Intermodal Cost Review, Contractor’s Auditor shall issue a sufficiently detailed report (“Intermodal Cost Report”) to the Contractor validating the Costs incurred and the Fee applied. Contractor shall make available to Contractor’s Auditor such documentation necessary to conduct the Intermodal Cost Review and issue the Intermodal Cost Report, including the following: general ledger reports of Intermodal Ported TN Identification Service activity, accounts payable vouchers, invoices, and documents supporting purchases in support of the Intermodal Ported TN Identification Service activity, and other Amendment No.48-NAPM(NE) April 2, 2004 Sow: No _ Yes financial records used to support general ledger activity related to the Intermodal Ported TN Identification Service and any other records reasonably requested by Contractor’s Auditor (collectively, the “Intermodal Review Documents”). Contractor shall present Customer with the Intermodal Price Report within thirty (30) days after Contractor’s receipt of the Intermodal Price Report. Upon Customer’s receipt of the Intermodal Price Report, Customer shall have forty-five (45) days to review the Intermodal Price Report and, at Subscribing Customer’s sole cost and expense, do either of the following (i) meet with Contractor’s Auditor to review and explain the Intermodal Price Report, or (ii) inform Contractor in writing that Customer shall employ a separate auditor (“Customer’s Auditor”) to conduct a separate review of the accuracy and validity of the Costs incurred under this Section 15.7. Customer’s Auditor will be given reasonable access to the Intermodal Review Documents. Customer’s Auditor shall complete such separate review within ninety (90) days of receipt of the Intermodal Price Report. Before access is given to Customer’s Auditor, Customer’s Auditor will have to execute a non-disclosure agreement with Contractor to prevent the disclosure of Contractor proprietary or confidential information or other information not relevant to verifying the accuracy and validity of the Costs incurred by the Contractor under this Section 15.7. If it is determined by Contractor’s Auditor or Customer’s Audi...
Cost Review. Ensure review and analysis of costs (labor, material, etc.) on projects and service contracts as well as all manufactured items.
Cost Review. At the end of contractyearperiod three, a cost review will be conducted to determine the disposal fee for contract yearss four and five and five. If, after the cost review, the price per ton is set at less than $61 per ton, then CCCSWA shall pay that amount. If the price per ton is set at $61 or more, then CCCSWA has the option of paying the price per ton, or proceeding with mediation and possible termination as provided in Section 11.01(b)(4). Proposed disposal fees are based on the condition of material currently being delivered to EBMUD. The following table lists the proposed disposal fee levels by contract year/period: Period Dates Fee Pilot Program/Interim Period(Six Months) 3/1/10 – 8/31/10 $45 Contract Year 1 9/1/10 – 8/31/11 $45 Contract Year 2 9/1/11 – 8/31/12 $50 Contract YearPeriod3 (Eighteen month period) 9/1/12 – 8/31/132/28/14 $55 Contract Yearss 4-5-5 9/1/12 – 8/31/153/1/14 8/31/15 TBD by Cost Review Contract Years 4-5 9/1/12 – 8/31/15 TBD by Cost Review
Cost Review. The delivery by the Construction Consultant to Lender of the Construction Consultant’s Construction, Cost and Plan Review in form and substance satisfactory to Lender.
Cost Review. Agent's receipt, review and approval of an independent cost review for the Approved Subdivision.
Cost Review. As to each new Construction Loan, Lender’s receipt, review and approval of an independent cost review.
Cost Review. In each design phase, Architect shall cooperate with Owner and its cost Consultant(s), if any, in their preparation of estimates, and shall review and advise Owner on such estimates.
Cost Review. During each calendar Quarter, no later than the third week of the Quarter, the parties will jointly review the costs, costs reduction, volume performance of Contractor and NICE, respectively, and other performance parameters to be mutually agreed upon by the parties. The pricing and other details referenced in APPENDIX C shall be jointly reviewed by the parties at an agreed upon frequency and may be modified with the mutual written agreement of the parties.
Cost Review. If the lowest responsible bid or proposal solicited by Owner for a Project, or designated portion of the Work for such Project, exceeds Owner's Budget for Construction Costs for such Project (or such designated portion thereof), or the latest Owner-approved Construction Cost estimate for such Project (or such designated portion thereof), Architect's responsibilities are described in Article 5 herein.
