Separated Contract Price definition
Examples of Separated Contract Price in a sentence
All payments made under this Section shall be credited against the Separated Contract Price.
The following amounts, if any, that shall be payable to Contractor pursuant to the terms hereof are in addition to the Separated Contract Price: (i) interest payable on delayed payments by Owner hereunder; and (ii) sales tax reimbursement, if any, pursuant to Section 3.24.
A Change Order initiated by either Party may have the effect of either increasing or decreasing the Separated Contract Price and shall constitute an amendment to Exhibit J hereto.
Except as expressly provided in herein, payments of the Separated Contract Price shall be made based on completion of Milestones in accordance with the Milestone Payment Table (“Milestone Payments”), subject to the terms and conditions hereof.
A Change Order initiated by either Party may have the effect of either increasing or decreasing the Separated Contract Price.
No adjustment to the Guaranteed Substantial Completion Dates, Separated Contract Price or other terms herein shall be made for any suspension of Work under this Section to the extent that performance would have been suspended, delayed or interrupted as a result of any Force Majeure Event or Contractor’s noncompliance with the requirements of this Agreement.
Owner shall pay Contractor the Separated Contract Price, without deduction or offset except as specified in this Agreement, which will separately state the cost for materials and labor, as full payment for all Work to be performed by Contractor under this Agreement.
Subject to the aggregate amount of liquidated damages referenced above, schedule liquidated damages shall be limited to 15% of the Separated Contract Price and Performance Liquidated Damages shall be limited to 15% of the Separated Contract Price.
In the event the negotiation and execution of any such Agency Subcontracts is delayed and the Project Schedule is adversely impacted (provided that Contractor is not acting in a commercially unreasonable manner), Contractor shall be entitled to a Change In Work to the extent such delay actually and demonstrably impacts the Substantial Completion Guaranteed Date for the applicable Unit or the Separated Contract Price.
Contractor shall not be entitled to any adjustment to the Separated Contract Price, any Substantial Completion Guaranteed Date, or any other term or condition of this Agreement in respect of any action undertaken pursuant to this Section 16.11.