Common use of Value Date Clause in Contracts

Value Date. The valuation of the resources turned-in and objects takes place in the month in which the AVOM option takes effect. Settlement of resources and objects takes place against this value. A modification in the remuneration after the month in which the AVOM option takes effect does not lead to correction of the settlement.

Appears in 3 contracts

Sources: Collective Labour Agreement, Collective Labour Agreement, Collective Labour Agreement