Guaranteed Price definition

Guaranteed Price means the Minimum Price plus any applicable Productivity Payment; Insolvency Event means, in relation to a party, any one or more of the events or circumstances occurring in respect of a party:
Guaranteed Price has the meaning given to it in the Construction Contract.
Guaranteed Price has the meaning set forth in Section 2.4.

Examples of Guaranteed Price in a sentence

  • In the event of a tie in the Final Proposal Score between two Proponents the Sponsors may, in their sole discretion, give the higher ranking to the Proponent proposing the lower Guaranteed Price in its Proposal.

  • The parties agree that the Guaranteed Price will not be subject to adjustment despite changes in the Work, unless such changes in the Work also constitute a Change in the Scope of the Work as that term is defined in the Contract Documents.

  • A reference to Contract Price in any of the Contract Documents shall be deemed to be a reference to Guaranteed Price.

  • The parties further agree that the Guaranteed Price will only be adjusted where the Contract Documents specifically and expressly refer to an adjustment to the Guaranteed Price and no claim for an adjustment to the Guaranteed Price on any legal or equitable basis outside of the specific and express rights to an adjustment of the Guaranteed Price set out in the Contract Documents will be allowed.

  • The Guaranteed Price will only be adjusted as set out in GC 6.2 – CHANGE ORDER.


More Definitions of Guaranteed Price

Guaranteed Price has the meaning given to it in the Construction Contract. (aa) “Hospital Conditions” has the meaning given to it in Section 2.5.
Guaranteed Price means the amount equal to the lesser of (i) actual, audited Allowable Development Costs for the Project incurred through Completion, and (ii) the sum of (A) total project costs as shown in the Project Budget plus (B) the aggregate cost of change orders initiated by the Owner, if any, on its own behalf and not as a result of any change order requested by Developer, under the last paragraph of Section 2.15. Owner shall have the right from time to time and no later than one hundred twenty (120) days following Completion to audit or have audited by independent accountants all actual costs associated with the Project, including, without limitation, Allowable Development Costs. Developer shall cooperate with any such audit, including, without limitation, by providing access to all books and records related to the Project. In no event (including, without limitation, on account of any Event of Force Majeure) shall Owner, any of its Members, Construction Lender or any other person or entity have any obligation to pay to Developer or any of its Affiliates any amount that would cause the aggregate amount received by Developer or any of its Affiliates under this Agreement, the Joint Venture Agreement, or any other agreements between the aforementioned parties, including, without limitation, through advances under the Construction Loan, to exceed the Guaranteed Price.
Guaranteed Price means 90% of the Signing Date Market Price. ----------------
Guaranteed Price shall have the meaning provided in the Contract
Guaranteed Price means the Per Share Purchase Price.
Guaranteed Price. This contract is for a guaranteed price. Contract Seller agrees to furnish the above described funeral merchandise and services for the exact amounts stated in the Contract, at an undetermined future date, dependent upon the death of the Beneficiary. Deposit of Funds: Within thirty (30) days of receipt, all funds that are required to be placed in escrow will be deposited by Contract Seller with a qualified Escrow Agent per the Michigan Prepaid Funeral and Cemetery Sales Act (PA255 of 1986, as amended). No withdrawal of such deposits, or accumulated earnings thereon, shall be made except in accordance with Michigan Law.
Guaranteed Price means the price, determined by way of an auction or an administrative procedure, that is used to calculate the feed-in premium;