Exclusions or Deductions Sample Clauses
The Exclusions or Deductions clause defines specific items, costs, or circumstances that are not covered or are subtracted from the obligations or benefits outlined in the agreement. In practice, this clause may list particular services, damages, or expenses that the parties agree will not be included, or it may specify amounts to be deducted from payments or liabilities. Its core function is to clearly delineate the boundaries of responsibility, preventing misunderstandings and disputes by explicitly stating what is not included or what will be reduced from the contractual scope.
Exclusions or Deductions. The following items shall be excluded or deducted from any claim submitted by Seller:
A. All unliquidated advances or other payments made by Boeing to Seller pursuant to a terminated Order;
B. Any claim which Boeing has against Seller;
C. The agreed price for scrap allowance;
D. Except for normal spoilage and any risk of loss assumed by Boeing, the agreed fair value of property that is lost, destroyed, stolen or damaged.
Exclusions or Deductions. 22 12.8 Partial Payment/Payment............................................................ 22 12.9 Seller's Accounting Practices...................................................... 22 12.10 Records............................................................................ 22
Exclusions or Deductions. The following items shall be excluded or deducted from any claim submitted by Seller: A. All unliquidated advances or other payments made by Boeing to Seller pursuant to a terminated Order;
Exclusions or Deductions. The following items shall be excluded or deducted from any claim submitted by Seller: [ * ] Provided, however, that any claim Boeing has against Seller with respect to the Order termination may be considered by Boeing in its evaluation of the Seller’s claim.
Exclusions or Deductions. The following items shall be excluded or deducted from any claim submitted by Seller:
A. All unliquidated advances or other payments made by Spirit AeroSystems to Seller pursuant to a terminated Order;
B. Any claim which Spirit AeroSystems has against Seller;
C. The agreed price for scrap allowance;
D. Except for normal spoilage and any risk of loss assumed by Spirit AeroSystems, the agreed fair value of property that is lost, destroyed, stolen or damaged.
Exclusions or Deductions. The following items shall be excluded or deducted from any termination claim submitted by Spirit:
A. All unliquidated advances or other payments made by Boeing to Spirit pursuant to the terminated portion of any Order (The Parties acknowledge and agree that the total of [*****] in Advance Payments to be made the first and second quarter of 2006 ([*****] on February 15, 2006 and [*****] on May 15, 2006) as noted in SBP, Section 5.5, Advance Payments, is not subject to this exclusion or deduction herein.); 787 GTA between Boeing and Spirit Conformed GTA BCA-65520-0032, May 12, 2011 Confidential portions of this exhibit have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission. Omissions are designated by the symbol [*****].
B. Any loss incurred by Boeing with respect to Spirit, reasonably substantiated in good faith, in connection with any commercial airplane program;
C. The agreed price for scrap allowance; and
D. Except for normal spoilage and any risk of loss assumed by Boeing, the agreed fair value of property that is lost, destroyed, stolen or damaged.
Exclusions or Deductions. The following items shall be excluded or deducted from any termination claim submitted by LMI:
A. All un-liquidated advances or other payments made by APB to LMI pursuant to a terminated Order;
B. Any claim which APB has against LMI;
C. The agreed price for scrap allowance;
D. Except for normal spoilage and any risk of loss assumed by APB, the agreed fair value of property that is lost, destroyed, stolen or damaged. Master Agreement No. APB-LMI-001
Exclusions or Deductions. The following items shall be excluded or deducted from any claim submitted by Seller: