Contingencies definition

Contingencies has the meaning set forth in Section 9.03(a).
Contingencies means unanticipated construction cost overruns and other unanticipated expenses. Because there are so many variables for an existing hotel, we cannot estimate these pre-conversion contingencies for a franchisee converting an existing hotel. You should assume it will be at least 10% of construction costs.
Contingencies means the discretionary amounts which may be paid by the Nama Khoi Municipality in respect of costs which were not specifically provided for in the Price Schedule but which may arise in the implementation of this Contract, the total of which amounts shall be 15% of the sum of the Initial Total Contract Price and Provisions;

Examples of Contingencies in a sentence

  • The Donee shall use good faith and commercially reasonable business efforts to cause the satisfaction of the Closing Contingencies.

  • The Parties intend to close escrow within Twenty (20) business days following the Buyer’s Contingencies, (defined in Section 13) provided that (a) all contingencies described in this Agreement have been satisfied, and (b) all of Buyer’s and Seller’s conditions to closing (described in Sections 11, 12, 13 and 15) have been satisfied or waived by the applicable Party, unless this Agreement is terminated pursuant to the terms hereof or extended by mutual agreement of the Parties.

  • If the Closing Contingencies have not been satisfied and the Closing has not occurred by December 31, 2026, the Donor may terminate this Agreement by providing written notice to Donee and the parties shall have no further obligations hereunder.

  • The maximum amount that can be paid by the SCSC to the Contractor under this Contract shall be [Contract Amount with Contingencies] ($) unless the Contract is amended in writing under the provisions of this Contract.

  • The obligations of the Donor to convey the Property and the Donee to purchase the Property under this Agreement shall be conditioned upon the material satisfaction of the Closing Contingencies.


More Definitions of Contingencies

Contingencies means unanticipated construction cost overruns and other unanticipated expenses. Because there are so many variables for an existing hotel, we cannot estimate these pre-conversion contingencies for a franchisee converting an existing hotel.
Contingencies means the conditions under which a tax credit may be claimed and shall include each of the following:
Contingencies means, collectively, the following:
Contingencies has the meaning set forth in Section 9.03(b) of this Agreement.
Contingencies. Contributions to a contingency reserve or any similar provisions for unforeseen events;
Contingencies means events that have occurred, or that are likely to occur, that if included in the financial statements of the person, would have a material effect on the financial position of that person.
Contingencies means provisions in rates to recognize the uncertainty of the estimates of losses, loss adjustment expenses, other operating expenses, and investment income and profit that comprise those rates. The provisions may be explicit, including but not limited to a specific charge to reflect systematic variations of estimated costs from expected costs, or implicit, including but not limited to a consideration in selecting a single estimate from a reasonable range of estimates, or both.