Definitization Sample Clauses

Definitization. (1) Contracting offi- cers shall negotiate equitable adjust- ments resulting from change orders in the shortest practicable time. (2) Administrative contracting offi- cers negotiating equitable adjustments by delegation under 42.302(b)(1), shall obtain the contracting officer’s concur- rence before adjusting the contract de- livery schedule. (3) Contracting offices and contract administration offices, as appropriate, shall establish suspense systems ▇▇▇- ▇▇▇▇▇ to ensure accurate identification and prompt definitization of unpriced change orders. (4) The contracting officer shall en- sure that a cost analysis is made, if ap- propriate, under 15.404–1(c) and shall consider the contractor’s segregable costs of the change, if available. If ad- ditional funds are required as a result of the change, the contracting officer shall secure the funds before making any adjustment to the contract. (5) When the contracting officer re- quires a field pricing review of requests
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Definitization. (i) Contracting officers shall negotiate equitable adjustments resulting from change orders in the shortest practicable time. (ii) Agencies shall, in accordance with agency procedures, record and maintain data regarding the time required to definitize equitable adjustments associated with change orders for construction. The definitization of an equitable adjustment begins upon receipt of an adequate change order definitization proposal by the contracting officer, and ends upon the contracting officer's execution of a contractual action to definitize the change order. The contracting officer shall ensure the data is recorded promptly in accordance with agency procedures. See 36.211(b). (2) Administrative contracting officers negotiating equitable adjustments by delegation under 42.302(b)(1), shall obtain the contracting officer’s concurrence before adjusting the contract delivery schedule. (3) Contracting offices and contract administration offices, as appropriate, shall establish suspense systems adequate to ensure accurate identification and prompt definitization of unpriced change orders.
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Definitization. ▇▇▇▇▇▇ agrees to enter into good faith negotiations with ▇▇▇▇▇ in the future and at ▇▇▇▇▇'s request, regarding the inclusion, revision, or deletion of provisions of this contract as a result of the definitization of the prime contract between Buyer and the Government.
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Definitization. (i) Contracting officers shall negotiate equitable ad- justments resulting from change orders in the shortest practicable time. (ii) Agencies shall, in accordance with agency procedures, record and maintain data regarding the time re- quired to definitize equitable adjust- ments associated with change orders for construction. The definitization of an equitable adjustment begins upon receipt of an adequate change order definitization proposal by the con- tracting officer, and ends upon the con- tracting officer’s execution of a con- tractual action to definitize the change order. The contracting officer shall en- sure the data is recorded promptly in accordance with agency procedures. See 36.211(b). (2) Administrative contracting offi- cers negotiating equitable adjustments
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Definitization. (1) Co n t ra c t i n g offi- ce r s s ha ll n ego t i a t e eq u i t a ble a dj u s t - m e n t s r es u l t i n g f r o m c ▇▇▇ ▇▇ o r de r s i n t h e s h o r t es t p ra c t ic a ble ▇ ▇ ▇ ▇. (2) Ad m i n is t ra t ive co n t ra c t i n g offi- ce r s n ego t i a t i n g eq u i t a ble a dj u s tm e n t s b y deleg a t io n un de r 42.302( b)(1), s ha ll ob t a i n t h e co n t ra c t i n g office r’s co n c ur- r e n ce befo ▇ ▇ ▇ ▇▇ u s t i n g t h e co n t ra c t de- live ry sc h ed u le. (3) Co n t ra c t i n g offices an d co n t ra c t a d m i n is t ra t io n offices, a s a pp r op r i a t e, s ha ll es t a blis ▇ ▇ ▇ spe n se s y s t e m s a de- q ua t e t o e n s ur e a cc ura t e ide n t ific a t io n an d p r o m p t defi n i t iza t io n of un p r iced c ▇▇▇ ▇▇ o r de r s.
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Definitization a) This Agreement covers a CPFF UPA that awards prototype project MCDC2011-001. The Project Agreement Holder agrees to promptly begin negotiating with the Agreements Officer on the terms of a definitive Agreement for the project, which will include: (1) all mutually agreeable terms and conditions related to this Agreement, and (2) all other terms and conditions required by law. The Project Agreement Holder will be ​ ​ ​ required to submit a qualifying cost proposal with all necessary supporting documentation, in order to allow for a full evaluation of costs. b) The schedule for definitizing this Agreement is as follows: i. Receipt of Qualifying Proposal: 10 September 2020 ii. Estimated Start of Negotiations: 01 October 2020 iii. Estimated Date of Definitization: 09 December 2020 c) The Parties will use best efforts to finalize the definitive agreement. If a definitive Agreement is not finalized to supersede this UPA by the target date in paragraph 2(b)(iii), or within any extension granted in writing by the Agreements Officer, the Agreements Officer may, with the approval of the Army Contracting Command-New Jersey, Senior Contracting Official, unilaterally determine a fair and reasonable price. This determination is subject to Project Agreement Holder appeal, as provided for in the Disputes article of W15QKN-16-9-1002, but the Project Agreement Holder shall not cease performance of this Agreement while proceeding through the dispute process. d) After the Agreements Officer’s determination of a fair and reasonable price, the Agreement shall be governed by all of the terms and conditions of the definitive Agreement. Furthermore, all the terms and conditions of this UPA shall continue in effect, except for those that by their nature apply only to UPAs. e) The Government and Project Agreement Holder agree that this UPA will include a ceiling in the amount of $1,600,434,522.00. This ceiling may be adjusted only by the written agreement of both parties. ​
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Related to Definitization

  • Pooling Lessee, at its option, is hereby given the right to pool or combine the leased premises or any portion thereof as to oil and gas, or either of them with any other land, lease or leases in the immediate vicinity thereof to the extent hereinafter stipulated, when it is necessary or advisable to do so in order to properly develop, produce and operate said leased premises in compliance with the spacing rules of the appropriate lawful authority, or when to do so would promote the conservation of oil and gas in and under and that may be produced from said leased premises. Units pooled for oil and gas hereunder shall not exceed forty (40) acres each in area, provided that should governmental authority having jurisdiction prescribe the creation of units larger than those specified (including, for example, for a horizontal well) for the drilling of a well at a regular location or for obtaining maximum allowable, then Lessee is hereby granted the present right, without the consent of Lessor, to pool up to three hundred twenty (320) acres plus a maximum acreage tolerance of ten percent (10%). Lessee, under the provisions hereof, may pool or combine acreage covered by this Lease or any portion thereof as above provided as to oil in any one or more strata and as to gas in any one or more strata. The units formed by pooling as to any stratum or strata need not conform in size or area with the unit or units into which the Lease is pooled or combined as to any other stratum or strata, and oil units need not conform as to area with gas units. The pooling in one or more instances shall not exhaust the rights of the Lessee hereunder to pool this Lease or portions thereof into other units. Lessee shall file for record in the appropriate records of the county in which the leased premises are situated an instrument describing the pooled acreage as a pooled unit and Lessee shall provide Lessor with a copy of any and all documents filed with any regulatory authority or recorded in the records of any county within thirty (30) days of filing such documents. Upon the recordation of the unit in the county records and the timely furnishing of the copies required herein to Lessor the unit shall be effective as to all parties hereto, their heirs, successors, and assigns, irrespective of whether or not the unit is likewise effective as to all other owners of surface, mineral, royalty or other rights in land included in such unit. In the event of operations for drilling on or production of oil or gas from any pooled unit which includes all or a portion of the land covered by this Lease, such operations shall be considered as operations for drilling on or production of oil and gas from land covered by this Lease whether or not the well or ▇▇▇▇▇ be located on the premises covered by this Lease. For the purposes of computing royalties, there shall be allocated to the land covered by this Lease and included in said unit (or to each separate tract within the unit if this Lease covers separate tracts within the unit) a pro rata portion of the oil and gas, or either of them, produced from the pooled unit. Royalties hereunder shall be computed on the portion of such production, whether it be on oil and gas, or either of them, so allocated to the land covered by this Lease and included in the unit just as though such production were from such land. The production from an oil well will be considered as production from this Lease or oil pooled unit from which it is producing and not as production from a gas pooled unit, and production from a gas well will be considered as production from this Lease or gas pooled unit from which it is producing and not from an oil pooled unit. The formation of any unit hereunder shall not have the effect of changing the ownership of any shut-in production payment which may become payable under this Lease. If this Lease now or hereafter covers separate tracts, no pooling or unitization of royalty interest as between any such separate tracts is intended or shall be implied or result merely from the inclusion of such separate tracts within this Lease but Lessee shall nevertheless have the right to pool as provided above with consequent allocation of production as provided above. As used in this paragraph, the words “separate tract” mean any tract with royalty ownership differing, now or hereafter, either as to parties or amounts, from that as to any other part of the leased premises.

  • Prioritization All Services will be implemented and/or facilitated (as applicable) on a schedule, and in a prioritized manner, as we determine reasonable and necessary. Exact commencement / start dates may vary or deviate from the dates we state to you depending on the Services being provided and the extent to which prerequisites (if any), such as transition or onboarding activities, must be completed.

  • Supplemental Provisions for Resecuritization This Agreement may be supplemented by means of the addition of a separate Article hereto (a "Supplemental Article") for the purpose of resecuritizing any of the Certificates issued hereunder, under the following circumstances. With respect to any Class or Classes of Certificates issued hereunder, or any portion of any such Class, as to which the Company or any of its Affiliates (or any designee thereof) is the registered Holder (the "Resecuritized Certificates"), the Company may deposit such Resecuritized Certificates into a new REMIC, grantor trust, FASIT or custodial arrangement (a "Restructuring Vehicle") to be held by the Trustee pursuant to a Supplemental Article. The instrument adopting such Supplemental Article shall be executed by the Company, the Master Servicer and the Trustee; provided, that neither the Master Servicer nor the Trustee shall withhold their consent thereto if their respective interests would not be materially adversely affected thereby. To the extent that the terms of the Supplemental Article do not in any way affect any provisions of this Agreement as to any of the Certificates initially issued hereunder, the adoption of the Supplemental Article shall not constitute an "amendment" of this Agreement. Each Supplemental Article shall set forth all necessary provisions relating to the holding of the Resecuritized Certificates by the Trustee, the establishment of the Restructuring Vehicle, the issuing of various classes of new certificates by the Restructuring Vehicle and the distributions to be made thereon, and any other provisions necessary for the purposes thereof. In connection with each Supplemental Article, the Company shall deliver to the Trustee an Opinion of Counsel to the effect that (i) the Restructuring Vehicle will qualify as a REMIC, grantor trust, FASIT or other entity not subject to taxation for federal income tax purposes and (ii) the adoption of the Supplemental Article will not endanger the status of the Trust Fund as a REMIC or (subject to Section 10.01(f)) result in the imposition of a tax upon the Trust Fund (including but not limited to the tax on prohibited transactions as defined in Section 860F(a)(2) of the Code and the tax on contributions to a REMIC as set forth in Section 860G(d) of the Code).

  • Securities Contract; Swap Agreement The parties hereto intend for (i) the Transaction to be a “securities contract” and a “swap agreement” as defined in the Bankruptcy Code (Title 11 of the United States Code) (the “Bankruptcy Code”), and the parties hereto to be entitled to the protections afforded by, among other Sections, Sections 362(b)(6), 362(b)(17), 546(e), 546(g), 555 and 560 of the Bankruptcy Code, (ii) a party’s right to liquidate the Transaction and to exercise any other remedies upon the occurrence of any Event of Default under the Agreement with respect to the other party to constitute a “contractual right” as described in the Bankruptcy Code, and (iii) each payment and delivery of cash, securities or other property hereunder to constitute a “margin payment” or “settlement payment” and a “transfer” as defined in the Bankruptcy Code.

  • Statistical Sampling Documentation a. A copy of the printout of the random numbers generated by the “Random Numbers” function of the statistical sampling software used by the IRO.‌ b. A description or identification of the statistical sampling software package used by the IRO.‌