GENERAL PRINCIPLES PRINCIPLES Clause Samples

GENERAL PRINCIPLES PRINCIPLES. The principles which underpin the calculation of Charges are that Charges should, as far as practicable:
View SourceView Similar (2)
GENERAL PRINCIPLES PRINCIPLES. ‌ 1. The principles which underpin the calculation of Charges are that Charges should, as far as practicable: i. take account of the DCC Objectives and seek to give the fullest possible effect to the DCC Objectives; ii. be clear, well-defined, unambiguous and straight-forward to administer; iii. be based on incurred costs of delivering individual services and support a sustainable funding model over the life of the contract; iv. be flexible to adapt to future changes in service levels and capability. 2. Any future changes to the Charges as well as the pricing of any future services, through the mechanisms detailed below, shall be tested by the DCC against the principles set out in paragraph 1. 3. All Charges shown in this Schedule are exclusive of VAT. Unless and to the extent expressly set out in this Schedule 7.1, neither the Charges nor any other costs, expenses, fees or charges shall be adjusted to take into account inflation, change in exchange rate, change to interest rate or any other factor or element which might otherwise increase the cost to the Contractor of the performance of their obligations. 4. Where any Charge or limit which is expressed in this Schedule in monthly terms (“monthly” and “month” both referring to calendar months) applies for any reason for part of a month, rather than a whole month, the Charge or limit for such part of a month shall be pro-rated in proportion to the ratio of the days of the month during which the Charges or limit applies to the overall number of days in the month and any remaining days of the month may either have no or different Charges applied to them on a similar pro-rated basis, as the case may be.
View Source

Related to GENERAL PRINCIPLES PRINCIPLES

  • General Principles Each Party shall implement its tasks in accordance with the Consortium Plan and shall bear sole responsibility for ensuring that its acts within the Project do not knowingly infringe third party property rights.

  • Cost Principles The Subrecipient shall administer its program in conformance with 2 CFR Part 200, et al; (and if Subrecipient is a governmental or quasi-governmental agency, the applicable sections of 24 CFR 85, “Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments,”) as applicable. These principles shall be applied for all costs incurred whether charged on a direct or indirect basis.

  • Basic Principles The Electrical Contractor and the Union have a common and sympathetic interest in the Electrical Industry. Therefore, a working system and harmonious relations are necessary to improve the relationship between the Employer, the Union and the Public. Progress in industry demands a mutuality of confidence between the Employer and the Union. All will benefit by continuous peace and by adjusting any differences by rational common-sense methods.

  • General Principle Each Employer recognises that Employees sometimes face situations of violence or abuse in their personal life that may affect their attendance or performance at work. Therefore, each Employer is committed to providing support to staff that experience family violence.

  • Definitions Principles of Construction Section 1.1. Definitions 1 Section 1.2. Principles of Construction 16