T&M Rate definition

T&M Rate means the rate established in a SOW, or, in the absence of such a designation, the hourly rate then being charged by ECI to its clients generally for the efforts of its technicians, as from time to time agreed by the Parties and amended.
View Source

Examples of T&M Rate in a sentence

  • ECI shall be entitled to: (a) receive a security deposit against the last invoice for such work, and (b) to invoice Client on a weekly basis for such work on a time and materials basis at the then T&M Rate, and Client shall pay such invoices within ten (10) days of receipt.

  • Licensee may purchase additional training services at the Discounted T&M Rate (set forth below).

  • After 30 minutes the Hourly T&M Rate for out of Scope Work outlined in the Schedule of Values will apply.

  • If Customer requests that FlashParking replace the Equipment onsite, FlashParking will dispatch a technician and will charge Customer for such services at FlashParking’s T&M Rate.

  • Change Orders may pertain to: (i) change in the scope, (ii) adjustment of the Contract Price, and/or (iii) adjustment to the agreed Project schedule; provided, however, that, if the Parties have agreed upon a time & materials rate card (“T&M Rate Card”) in effect at the time of the Change Order and the Change Order requires any adjustment of the Contract Price, then such adjustment shall be in accordance with the T&M Rate Card agreed upon by the Parties.

  • Change Orders may pertain to: (i) change in the scope, (ii) adjustment of the Project Cost, and/or (iii) adjustment to the agreed Project schedule; provided, however, that, if the Parties have agreed upon a time & materials rate card (“T&M Rate Card”) in effect at the time of the Change Order and the Change Order requires any adjustment of the Project Cost, such adjustment shall be in accordance with the T&M Rate Card agreed upon by the Parties.