Project Value Clause Samples
The 'Project Value' clause defines the total monetary worth assigned to a project under a contract. It typically specifies the agreed-upon sum that covers all deliverables, services, and obligations outlined in the agreement, and may detail how this value is calculated or adjusted in response to changes in scope. By clearly stating the project's financial value, this clause ensures both parties have a mutual understanding of the contract's scale and helps prevent disputes over payment expectations or project scope.
Project Value. 8.1 The Civil Works Merchant agrees and confirms that the Project Value shall be subject to subsequent increase or decrease only due to the reasons as mentioned below:
(i) Additional scope of work from the Customer’s end;
(ii) Change in scope of work from the Customer’s end;
(iii) Delay in Civil Project completion due to factors in control of the Customer;
(iv) Any other material reason that the Service Provider may deem fit;
(v) Any regulatory or taxation changes;
(vi) Factors not in control of the Civil Works Merchant, Service Provider or the Customer; and/or
(vii) Change in the Civil Project design.
8.2 The quantum of increase or decrease in the Project Value shall be determined on Civil Project to Civil Project basis, as maybe mutually agreed in writing between the Customer and the Civil Works Merchant in consultation with the Service Provider. FULFILLMENT SUPPORT SERVICES TERMS The Pepperfry Platform is committed to ensuring that all support services being offered by it or its group companies to Merchants are offered in a fair and non-discriminatory manner. The Fulfillment Support Services being offered hereunder are being made available to all Merchants who opt for availing the same (and to all Merchants in similar circumstances in a fair and non-discriminatory manner). These additional terms (“Fulfillment Support Services Terms”) shall form an integral part of the E-commerce Service Agreement and shall be read in consonance with the E – Commerce Service Agreement and the Terms of Use. The Warehousing Terms shall be co-terminus to the E – Commerce Service Agreement and shall be applicable to the Merchants availing Fulfillment Support Services. In the event of conflict between the E-Commerce Service Agreement, Terms of Use and the Fulfillment Support Services Terms, the Fulfillment Support Services Terms shall prevail.
Project Value. 8.1. The Civil Works Merchant agrees and confirms that the Project Value shall be subject to subsequent increase only due to the reasons as mentioned below:
(i) Additional scope of work from the Customer’s end;
(ii) Change in scope of work from the Customer’s end;
(iii) Delay in Civil Project completion due to factors in control of the Customer;
(iv) Any other material reason that the Service Provider may deem fit;
(v) Any regulatory or taxation changes;
(vi) Factors not in control of the Civil Works Merchant, Service Provider or the Customer; and/or
(vii) Change in the Civil Project design.
8.2. The Civil Works Merchant agrees and confirms that the Project Value shall be subject to subsequent decrease only due to the reasons as mentioned below
(i) Additional scope of work from the Customer’s end;
(ii) Change in scope of work from the Customer’s end;
(iii) Delay in Civil Project completion due to factors in control of the Civil Works Merchant;
(iv) Any other material reason that the Service Provider may deem fit;
(v) Any regulatory or taxation changes;
(vi) Factors not in control of the Civil Works Merchant, Service Provider or the Customer; and/or
(vii) Change in the Civil Project design.
8.3. The quantum of increase or decrease in the Project Value shall be determined on Civil Project to Civil Project basis, as maybe mutually agreed in writing between the Customer and the Civil Works Merchant in consultation with the Service Provider.
Project Value. As described in Section 10.7(a). Property. As described in the second paragraph of the Recitals.
Project Value. The equalized value of the Property commencing in the next succeeding tax year following the completion of the Project, and each year thereafter, as determined annually by the Wisconsin Department of Revenue.
Project Value. $million Site Allowance As at 1.10.2022
