Pricing Methods Clause Samples
The Pricing Methods clause defines how the prices for goods or services under the contract will be determined. It typically outlines whether fixed, variable, or cost-plus pricing will be used, and may specify the formulas, benchmarks, or procedures for calculating final amounts. By clearly establishing the method for setting prices, this clause helps prevent disputes over payment and ensures both parties understand their financial obligations.
Pricing Methods. BTC is authorized to utilize any recognized pricing information service or any other means of valuation specified in the applicable Securities Lending Agreement (“Pricing Methods”) in order to perform its valuation responsibilities with respect to loaned Securities, Collateral and Approved Investments, and the Fund agrees to hold BTC harmless from and against any loss or damage suffered or incurred as a result of errors or omissions of any such Pricing Methods.
Pricing Methods. The Bank is authorized to utilize any recognized pricing information service or any other means of valuation specified in the applicable Securities Borrowing Agreement ("Pricing Methods") in order to perform its valuation responsibilities with respect to loaned Securities, Collateral and Approved Investments, and the Lender agrees to hold the Bank harmless from and against any loss or damage suffered or incurred as a result of errors or omissions of any such Pricing Methods.
Pricing Methods. BGI is authorized to utilize any recognized pricing information service or any other means of valuation specified in the applicable Securities Lending Agreement ("Pricing Methods") in order to perform its valuation responsibilities with respect to loaned Securities, Collateral and Approved Investments, and the Fund agrees to hold BGI harmless from and against any loss or damage suffered or incurred as a result of errors or omissions of any such Pricing Methods.
Pricing Methods. The Bank is authorized to utilize any recognized --------------- pricing information service or any other means of valuation specified in the applicable Securities Borrowing Agreement ("Pricing Methods") in order to perform its valuation responsibilities with respect to loaned Securities, Collateral and Approved Investments, and the Lender agrees to hold the Bank harmless from and against any loss or damage suffered or incurred as a result of errors or omissions of any such Pricing Methods, except to the extent such loss or damage is due to the negligence, bad faith or willful misconduct of the Bank.
Pricing Methods. The Bank is authorized to utilize any recognized --------------- pricing information service or any other means of valuation specified in the applicable Securities Borrowing Agreement ("Pricing Methods") in order to perform its valuation responsibilities with respect to loaned Securities, Collateral and Approved Investments.
Pricing Methods. Allowable Costs for Change Orders are set forth in Article 12. Methods used for determining adjustments to the Contract Price include: (i) mutual acceptance of a lump sum amount properly itemized for labor, services, materials, equipment, and mark-up for insurance, bond, overhead and profit supported by sufficient substantiating data (such as receipts, purchase orders, contracts, time reports, and other documentation reasonably required by the Program Manager or District) to permit evaluation of the Allowable Costs; or (ii) time and material with a mutually accepted not-to-exceed amount for additional Work based on the applicable billing rates for additional Design Services set forth in Exhibit 4B, as well as applicable Design Builder field labor rates for self-performed portions of the Work multiplied by the actual time spent, plus the actual cost for materials, equipment, and other Allowable Costs as defined in Article 12, plus overhead and profit. If Work is performed on a time and material basis, Design Builder will keep and present an itemized accounting for the Allowable Costs based on detailed invoices for Design Services and daily time tickets executed by the Program Manager for Construction Work, material and equipment invoices, and other supporting data (such as receipts, purchase orders, contracts, time reports, and other documentation reasonably required by the Program Manager or District) substantiating the amount of the Change Order. All Work will be broken down by Design Services (if any), direct Construction Work for labor, materials, and equipment, as well as indirect costs for general conditions and general requirements (if allowed under Section 11.5), insurance and bonding, and overhead and profit.
Pricing Methods. The Developer must select at least one of the BREW Application pricing methods offered by QUALCOMM, including: