Increased or Decreased Quantities Sample Clauses

Increased or Decreased Quantities. The City reserves the right to order Extra Work in accordance with Paragraph 10.01.
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Increased or Decreased Quantities. The right is reserved at any time during which the contract is in force, to make such alterations in the plans on the quantities of work as may be necessary including the extension or shortening of the length of the project. Such alterations shall, in so for as practical, be ordered in writing before standing work on such alterations, and no sign drawings shall be taken as in itself as order for variation unless accompanied by a covering letter from the Superintending Engineer confirming that the drawings is an authority for variation further, the quantities of any items of work may vary from the quantities in Schedule 'A' due to unforeseen or other conditions. Alterations in quantities shall not be considered as a waiver of any conditions of the contractor invalidate any of the provisions thereof. A supplemental Agreement with the contractor for the items or . items involved will be r1ecessary when the alterations involved the following: An increase or decrease only up to 25% shall be permitted in the quantity of any item due to variation from the factors used in original design or in the preparation of tender within the originally contemplated scope of work or due to addition or reduction from or changes in design of such contract item. Adjustment of compensation satisfactory to both parties shall have been executed. Supplemental Agreements for minor items, which have been increased to become major items, will be required for shall cover only the quantity having contract value, determined from the contract unit price, in excess of 6% percent of the total original contract cost. (A major contract items shall be construed to be any Item the total cost of which equal 10 or greater than 5 percent of the total contract cost.) The contractor shall not start work on any alterations requiring a supplemental agreement untill the agreement setting forth an equitable adjustment of compensation, satisfactory to both the parties, shall have been executed. The contractor shall perform the work as increased or decreased.
Increased or Decreased Quantities. A. Payment to the Contractor will be made only for the actual quantities of work performed and accepted in conformance with the contract. When the accepted quantity of work performed under a unit item varies from the original proposal quantity, payment will be at the unit contract price for all work unless the total accepted quantity of any contract item, adjusted to exclude added or deleted amounts included in change orders accepted by both parties, increases or decreases by more than 25 percent from the original proposal quantity. In that case, payment for contract work may be adjusted as described herein:
Increased or Decreased Quantities. Increases or decreases in the quantity of a Contract item of Work will be determined by comparing the total pay quantity of such item of Work with the ENGINEER's Estimate therefor. If the total pay quantity of any item of Work required under the Contract varies from the ENGINEER's Estimate therefor by 25 percent or less, payment will be made for the quantity of Work of said item performed at the Contract unit price therefor, unless eligible for adjustment pursuant to Section 4-3.3, "Changes in Character of Work." If the total pay quantity of any item of Work required under the Contract varies from the ENGINEER's Estimate therefor by more than 25 percent, in the absence of an executed Contract Change Order specifying the compensation to be paid, the compensation payable to the CONTRACTOR will be determined in accordance with Sections 4-3.2.1, 4-3.2.2, or 4-3.2.3, as the case may be.
Increased or Decreased Quantities a. The Town of Oakland reserves the right to increase or decrease the final material quantities in either pit by the amount of +/– 10% without any adjustment in the per unit price.
Increased or Decreased Quantities. A. The Contracting Authority reserves the right to make such increase or decrease in the quantities of the work shown on the plans as may be considered necessary to complete fully and satisfactorily the construction included in the contract. The compensation to the Contractor for such changes will be as provided in 1109.04.
Increased or Decreased Quantities. A. Article 1104.03 "Increased or Decreased Quantities" is supplemented or modified as follows:
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Related to Increased or Decreased Quantities

  • Price Decreases The following price decrease terms will apply to the Contract:

  • Purchase Price Credit Adjustments If on any day:

  • Base Rent Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Base Rent Adjustment (a) The BASE RENT (subject to adjustment as set forth in Section 1.08(a) above) payable during the EXTENDED TERM, subject to the provisions of part (b) of this Section 3.03, shall be increased from the BASE RENT payable immediately prior to the first month of the EXTENDED TERM to the then fair market rental rate determined in connection with part (b) of this Section 3.03.

  • Cost Adjustments Both parties agree that contracted prices shall be fixed for the first 12 months of this Contract. Contractor must submit to District any proposed cost adjustments at least 60 days before the proposed effective date of such increases with a detailed explanation for each adjustment. District alone reserves the right to reject any changes to this Contract it deems unacceptable.

  • Adjustments to the Shares and Warrant Price In order to prevent dilution of the purchase rights granted under this Warrant, the Warrant Price and the number of Shares issuable upon exercise of this Warrant shall be subject to adjustment from time to time as provided in this Section 2.

  • Share Adjustments If the Company's outstanding shares of Common Stock are increased or decreased or changed into or exchanged for a different number or kind of shares or other securities of the Company by reason of any recapitalization, reclassification, stock split, combination of shares, stock dividend, or transaction having similar effect, the Board shall proportionately and appropriately adjust the number and kind of shares that are subject to this Option and the Exercise Price Per Share, without any change in the aggregate price to be paid therefor upon exercise of this Option.

  • Exercise Price Adjusted As used in this Warrant, the term "Exercise Price" shall mean the purchase price per share specified in Section 3 of this Warrant, until the occurrence of an event stated in subsection (a), (b) or (c) of this Section 5, and thereafter shall mean said price as adjusted from time to time in accordance with the provisions of said subsection. No such adjustment under this Section 5 shall be made unless such adjustment would change the Exercise Price at the time by $.01 or more; provided, however, that all adjustments not so made shall be deferred and made when the aggregate thereof would change the Exercise Price at the time by $.01 or more. No adjustment made pursuant to any provision of this Section 5 shall have the net effect of increasing the Exercise Price in relation to the split adjusted and distribution adjusted price of the Common Stock. The number of shares of Common Stock subject hereto shall increase proportionately with each decrease in the Exercise Price.

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • Exercise Price Adjustment Whenever the number of Warrant Shares purchasable upon the exercise of the Warrant is adjusted, as herein provided, the Exercise Price payable upon the exercise of this Warrant shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, of which the numerator shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and of which the denominator shall be the number of Warrant Shares purchasable immediately thereafter.

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