Impact Costs Clause Samples
The Impact Costs clause defines how additional expenses resulting from unforeseen events or changes are handled within a contract. It typically outlines which party is responsible for bearing these costs, such as increased labor, materials, or delays caused by factors outside the original agreement. By clearly allocating responsibility for such costs, this clause helps prevent disputes and ensures both parties understand their financial obligations if project conditions change.
Impact Costs. Up to one-half of one percent (0.5%) of the net win derived from Tribal Lottery System activities, determined on an annual basis using the Tribe’s fiscal year, shall be added to any amounts payable and distributable from other Class III activities under the Compact in order to meet community impacts, to the extent such Compact amounts are insufficient to meet actual and demonstrated impact costs.
Impact Costs. 42 14.2 Charitable D onations 42 14.3 Community Impacts 42 14.4 Problem Gambling....................................... 42 14.5 Smoking Cessation and Prevention........................................... 43 14.6 Payment 43 14.7 Community Investments andContributions 44 SECTION 15 MORATORIUM 46 15.1 Amendment M oratorium 46 15.2 Post M oratorium 46 SECTION 16 HOURS OF OPERATION 47 SECTION 17 DISPUTE RESOLUTION 48 SECTION 18 EFFECTIVE DATE................... 48
Impact Costs. No claim for impact costs resulting from the performance of a Change Order will be permitted against the Owner, the Architect, or any other party in privity of contract with the Owner with respect to the Project after the time the Change Order is signed by the CMAR.