T & M definition

T & M means fees will be charged on a time and materials basis. An initial deposit will be collected at the time of application submittal. Any unused deposit amount will be returned to the applicant following final action on the application.
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T & M means time and material work (billable service) in the ordinary course of business related to the Base equipment.
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Examples of T & M in a sentence

  • For the purposes of all qualifications listed in this section, contracts billed on a Time and Materials Basis (T & M) and certain fixed price contracts may be used.

  • The recordkeeping requirement that currently apply to payments for Time & Materials for extra work are expressly made applicable to regular work that is paid for on a T & M basis.

  • The new Employee will notify the T & M office if they have not been contacted within two (2) weeks of the completion of their probationary period.

  • Installation, if so contracted, will be done on a T & M basis per Exhibit A-1.

  • Subcontractor is to notify Contractor Project Superintendent prior to starting or resuming T & M Work.

  • Availability is calculated based on the following formula: A = (T - M - D) / (T - M) x 100% A = Availability T = Total Monthly Minutes M = Scheduled Downtime D = Downtime Scheduled and Regular Maintenance do not constitute un-Availability and are not included in the Availability calculation.

  • If the Client Agency has elected to purchase either FSM or inspection and testing Services under T & M, the Contractor shall schedule all inspections and testing with the Client Agency.

  • Customer cable infrastructure is NOT Covered under this contract – Only as T & M.

  • Daily T & M tickets that do not have the proper Contractor information, Project Superintendent signature and other required information will be returned for proper documentation.

  • This is a signature page to the Development Assistance Agreement dated as of , 2017, by and between the Moorhead Economic Development Authority, Minnesota and T & M ▇▇▇▇▇▇ Management, Inc.

Related to T & M

  • Power Purchase Agreement or "PPA"" shall mean this Power Purchase Agreement including its recitals and Schedules, amended or modified from time to time in accordance with the terms hereof.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Forward Purchase Agreement means an agreement that provides for the sale of equity securities in a private placement that will close substantially concurrently with the consummation of a Business Combination.