Adjustment Invoice definition

Adjustment Invoice shall have the meaning ascribed to it in Clause 7.5.

Examples of Adjustment Invoice in a sentence

  • Consultant shall submit any final Overhead Adjustment Invoice within 90 days of completion of the work under this Agreement, and if such invoice is not timely submitted, State may audit and close the Agreement without accepting any further invoices from Consultant.

  • After State receives Consultant’s latest Indirect Cost Rate (ICR) submittal and State establishes an approved ICR for Consultant, it is State’s preference that Consultant submit a separate Overhead Adjustment Invoice that reconciles the indirect costs billed during the past fiscal year covered by the latest ICR submittal.

  • Consultant shall submit any final Overhead Adjustment Invoice within 180 days of completion of the work under this Agreement, and if such invoice is not timely submitted, State may audit and close the Agreement without accepting any further invoices from Consultant.

  • After State receives Consultant’s latest Indirect Cost Rate (ICR) submittal and State establishes an approved ICR for Consultant, it is State’s preference that Consultant shall submit a separate Overhead Adjustment Invoice that reconciles the indirect costs billed during the past fiscal year covered by the latest ICR submittal.

  • After State receives Consultant's latest Indirect Cost Rate (ICR) submittal and State establishes an approved ICR for Consultant, it is State's preference that Consultant submit a separate Overhead Adjustment Invoice that reconciles the indirect costs billed during the past fiscal year covered by the latest ICR submittal.

  • To calculate the amount of Price Adjustment Invoice, Noramco shall calculate the theoretical invoice amount of the minimum amount that Buyer would have been required to purchase subject to variances in accordance with Section 5.1.2 and compare that to the invoice amount of actual purchases.

  • If the Adjustment Invoice reflects an amount that is less than the amount charged to O&R under the Estimated Invoice, ▇▇▇▇▇▇ LLC shall pay the difference between the amount in the Adjustment Invoice and the amount in the Estimated Invoice to O&R together with interest at the Interest Rate from the Due Date of the Estimated Invoice to the effective date of repayment by ▇▇▇▇▇▇ LLC no later than the Due Date and the provisions of Section 7.2 shall apply to any such payment.

  • After receipt of final invoice and Overhead Adjustment Invoice and State has determined that the final invoice and Progress Report adequately substantiate the Services provided and that the Services were completed in accordance with this Agreement, State will pay Consultant.

  • ANNUAL OVERHEAD ADJUSTMENT (TRUE-UP) INVOICES After State receives Consultant’s latest Indirect Cost Rate (ICR) submittal and State establishes an approved ICR for Consultant, it is State’s preference that Consultant submit a separate Overhead Adjustment Invoice that reconciles the indirect costs billed during the past fiscal year covered by the latest ICR submittal.

  • The difference shall be divided by two and that shall be the amount of the Price Adjustment Invoice.