Contract Price definition

Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.
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Contract Price means the price payable to the Supplier as specified in the Contract Agreement, subject to such additions and adjustments thereto or deductions therefrom, as may be made pursuant to the Contract.
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Contract Price means the price to be paid for the performance of the Services, in accordance with Clause 6;
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Examples of Contract Price in a sentence

  • The remaining unpaid portion of the Contract Price one Day prior to the first anniversary of COD shall be the “Financed Remaining Balance.” On the first anniversary of COD, Contractor shall submit to Owner an invoice for the last Progress Milestone.

  • The Contract Price is subject to adjustment pursuant to authorized Change Orders.

  • Owner shall pay the Contract Price to Contractor in installments upon Contractor’s achievement of certain milestones as set forth on the Payment Schedule provided in Table D-2 of Exhibit D (each milestone event, a “Progress Milestone”).

  • If Owner has not issued the Notice to Proceed by the Outside NTP Date, then: this Agreement shall terminate and neither Party shall have further liability under this Agreement except that Owner shall pay to Contractor as liquidated damages (and not as a penalty) an amount equal to five percent (5%) of the Contract Price.

  • Owner shall thereafter have the right to actual damages from Contractor in the sum of the costs incurred by Owner that exceed the Contract Price to finish the Work, and other actual damages flowing from the Event of Default.


More Definitions of Contract Price

Contract Price means the price payable to the successful/ selected bidder as specified in the Agreement, subject to such additions and adjustments thereto or deductions there from, as may be made pursuant to the Contract.
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Contract Price means the sum agreed in the Contract as payable to the Contractor for the execution and completion of the Works and for remedying of any defects therein in accordance with the Contract.
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Contract Price means the sum stated in the Letter of Acceptance as payable to the Contractor for the execution and completion of the Works subject to such additions thereto or deductions therefrom as may be made and remedying of any defects therein in accordance with the provisions of the Contract.
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Contract Price means the sum named in the Tender subject to such additions thereto or deductions there from as may be made under the provisions hereafter contained.
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Contract Price means the sum accepted or the sum calculated in accordance with the price and / or terms accepted by or on behalf of the purchaser.
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Contract Price means the price (exclusive of any applicable VAT), payable to the Contractor by the Authority under the Contract, as set out in the Prices & Rates Schedule, for the full and proper performance by the Contractor of its obligations under the Contract but before taking into account the effect of any adjustment of price in accordance with clause C4 (Price Adjustment on Extension of Initial Contract Period).
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Contract Price means the price payable to the supplier under the contract for the full and
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