Cost Variation. Article 5.4
Cost Variation. In the event that the total Project cost is less than the amount specified in the Exhibit C, the Funding Agreements shall be reduced at the same ratio to the total Project cost reduction as the ratio of the Funding Agreement amount to the total amount of funds provided by the Business and all funding sources requiring a proportional reduction of their financial contribution to the Project. Any disbursed excess above the reduced IDED participation amount shall be returned immediately to IDED.
Cost Variation. In the event that the total Project cost is less than the amount specified in the Exhibit B shall be reduced at the same ratio to the total Project cost reduction as the ratio Contract amount to the total amount of funds provided by the Business and all funding sources requiring a proportional reduction of their financial contribution to the Project. Any disbursed excess above the reduced IEDA participation amount shall be returned immediately to IEDA.
Cost Variation. In the event that the total Project cost is less than the amount specified in this Agreement, the CEBA participation shall be reduced at the same ratio as CEBA funds are to the total Project cost, and any disbursed excess above the reduced CEBA participation amount shall be returned immediately to IDED with interest at the rate of six percent (6%) per annum from the date of disbursement by IDED.
Cost Variation. In the event that the total Program cost is less than the amount specified in this Agreement, the Commission’s share may be reduced at the same ratio as the Commission funds are to the total Program cost, and any disbursed excess above the reduced the Commission participation amount shall then be returned immediately to the Commission. If the Grantee fails to enroll the number of Member Service Years (MSY) reflected in the Application, the payment under this Agreement may be reduced accordingly.
Cost Variation. Prices may be revised in the event of any increase in costs to Seller between acceptance of a quote or receipt of an order and actual date of delivery to the Purchaser. All sketches and origination work, and any intellectual property rights therein, at 15. PURCHASER’S PROPERTY all times remain the property of the Seller.
Cost Variation. In the event that the total Program cost is less than the amount specified in this Agreement, NMCCV’s share may be reduced at the same ratio as NMCCV funds are to the total Program cost, and any disbursed excess above the reduced NMCCV participation amount shall then be returned immediately to NMCCV. If the Grantee fails to enroll the number of Member Service Years (MSY) reflected in the Application, the payment under this Agreement may be reduced accordingly.
Cost Variation. Without duplicating the repayment required by Article 5.4(b)(ii), in the event that the total Project cost is less than the amount specified in the Exhibit D, the Award shall be reduced at the same ratio as the total actual Project cost reduction is to the total Project Budget as shown in Exhibit D. Any disbursed excess above the reduced IVF participation amount shall be returned immediately to IDED.
Cost Variation. All quotations and estimates issued by the Seller are, unless otherwise stated, based on current in store costs. All prices quoted are valid for 30 days only or until earlier placing of an order by the Purchaser, after which time they may be altered by the Seller without giving notice to the Purchaser. The Seller reserves the right, by giving notice to the Purchaser at any time before delivery, to increase the price of the goods to reflect any increase in cost to the Seller which is due to any factor beyond the reasonable control of the Seller, any changes requested by the Purchaser, or any delay caused by any instructions of the Purchaser, or failure of the Purchaser to give the Seller adequate information or instructions.
Cost Variation. Notwithstanding Section 4.2.1. in the event of a cost increase or decrease in the either the raw materials and/or the purchased components used in the manufacture of the Products by an amount greater or less than [***], as measured from the cost at the Effective Date, then the affected Party will notify the other Party in writing (with supporting documentation) to request a cost variation in the price of the affected Products. The Parties will meet within 15 days to discuss cost variation and implementation date of the price increase/decrease, which will not be unreasonably delayed or denied.
