Common use of Price and Payment Terms Clause in Contracts

Price and Payment Terms. 4.1 The price of the work within the contracted scope implemented pursuant to the terms and conditions laid down hereby was specified on the basis of the bid of the Seller submitted in the context of the tender as the maximum price (which may not be exceeded).

Price and Payment Terms. 4.1 The price of the work (unit prices) within the contracted scope implemented pursuant to the terms and conditions laid down hereby was specified on the basis of the bid of the Seller Contractor submitted in the context of the tender as the maximum price (which may not be exceeded).