Contracts in Progress definition

Contracts in Progress means all contracts in progress and binding purchase orders for the sale of equipment and/or the provision of services which have not been shipped or provided as of the U.S. Closing (or, with respect to contracts in progress or binding orders of BC France, the France Closing) and which relate to the Business.
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Contracts in Progress means all contracts in progress and binding purchase orders for the sale of equipment and/or the
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Contracts in Progress means all contracts in progress relating to the Business.
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Examples of Contracts in Progress in a sentence

  • Goal for Contracts in Progress = 10 (13) where the unit is contracts.

  • See Section III, Qualification Criteria and Requirements, ITA 3.2. Current Contract Commitments / Contracts in Progress FormCON-1 1.

  • Variables Policy-1 and Policy-2 represent the government policy desired to influence, respectively, the flow of New Contracts and Contracts Concluded and so control the level of stock Contracts in Progress.

  • Goal for Contracts in Progress (Variable)It is a variable that represents a desired performance to PEB, from the government point of view to consolidating the Brazilian space industry.

  • The results are grouped into the following tables: Table 3.1 – Concluded Contracts – 2000 to 2011; Table 3.2 – Contracts in Progress – 2009 to 2013; Table 3.3 – Summary of Concluded Contracts – 2001 to 2011; Table 3.4 – Summary of Contracts in Progress – 2009 to 2013.

  • For the year ended 31st March 2021 project revenue recognized amounted to Rs. 10149.208 Mn, opening and closing Contracts in Progress amounted to Rs. 761.386 Mn and Rs. 726.742 Mn respectively.Measuring of satisfaction of performance obligation under Input Method involves estimation of budget costs in respect of projects contracted and capturing of actual costs incurred against such projects.

  • The management has, keeping in view the accounting policy A(8)(v) adopted by the Company, technically determined the realisable value of Contracts in Progress compared to relatable revenues and claims raised on NHAI by CDS.

  • Up to 31st March 2015, cost incurred and invoices raised in respect of such amounts were claimed in the Balance Sheet as Contracts in Progress and advance billing respectively.

  • There are no additional expenditures incurred.Dr. Sales Revenue 2Cr. Cash 2Dr. Accrued Liability Related to Contracts in Progress 2Cr. Cost of Goods Sold 2Event: A final 5 of expenditures are incurred and the contract has been fulfilled.

  • There are no additional payments.Dr. Accrued Liability Related to Contracts in Progress 18Cr. Cash 5Cost of Goods Sold 13 After these entries the balance in the Accrued Liability Related to Contracts in Progress account is zero and the firm has recognized a (gross) profit of 13: total revenues minus total cost of goods sold equals (100-2) – (100 -2 - 13).


More Definitions of Contracts in Progress

Contracts in Progress means contracts of the Borrower less than Five Hundred Thousand Dollars ($500,000.00).
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Contracts in Progress has the meaning set forth in Section 2.01(h).
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Contracts in Progress has the meaning set forth in the definition of StarCo Termination Agreement.
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Related to Contracts in Progress

  • Work in Progress means a Deliverable that has been partially prepared, but has not been presented to the State for Approval.

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Construction in Progress means each Property that is either (a) new ground up construction or (b) under renovation in which (i) greater than thirty percent (30%) of the square footage of such Property is unavailable for occupancy due to renovation and (ii) no rents are being paid on such square footage. A Property will cease to be classified as “Construction in Progress” on the earlier to occur of (A) the time that such Property has an Occupancy Rate of greater than eighty percent (80%), or (B) one hundred eighty (180) days after completion of construction or renovation of such Property, as applicable.

  • Acid Rain Program means the sulfur dioxide and nitrogen oxides air pollution control program established pursuant to Title IV of the Act under 40 CFR Parts 72-78.

  • Customer Contracts has the meaning set forth in Section 1.1(b)(ii)(A).

  • Executory Contracts means executory contracts and unexpired leases as such terms are used in 11 U.S.C. § 365, including all operating leases, capital leases, and contracts to which the Debtor is a party or beneficiary on the Confirmation Date.

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Seller Contracts means all Contracts (i) relating to the Business under which Seller has or may acquire any rights or benefits, (ii) relating to the Business under which Seller has or may become subject to any obligation or Liability or (iii) by which any of the Purchased Assets or Assumed Liabilities is or may become bound.

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • List of Approved Contractors means a list developed by each Transmission Owner and published in a PJM Manual of (a) contractors that the Transmission Owner considers to be qualified to install or construct new facilities and/or upgrades or modifications to existing facilities on the Transmission Owner’s system, provided that such contractors may include, but need not be limited to, contractors that, in addition to providing construction services, also provide design and/or other construction-related services, and (b) manufacturers or vendors of major transmission-related equipment (e.g., high-voltage transformers, transmission line, circuit breakers) whose products the Transmission Owner considers acceptable for installation and use on its system.

  • Retained Contracts means all contracts, agreements, leases, software licenses, rights, obligations or other commitments of the Company that (a) arise out of or are related exclusively to any business or operation of the Company other than the Business, or (b) arise out of or are related in any way to the Business and which, in the case of both clauses (a) and (b) herein, are not Transferred Contracts.

  • Related Contracts is defined in clause (c) of Section 2.1.

  • Seller Plans has the meaning set forth in Section 3.13(a).

  • As built plans means drawings depicting conditions as they were actually constructed.

  • IT Contracts means all material agreements or arrangements (whether or not in writing and including those currently being negotiated) under which any third party (including, without limitation, any source code deposit agent) provides or will provide any element of, or services relating to, the IT Systems, including leasing, hire purchase, licensing, maintenance, website hosting, outsourcing, security, back-up, disaster recovery, insurance, cloud computing and other types of services agreements.

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Third Party Contracts means any agreements entered into by the Retailer and/or the Customer with any third parties, such as the Transmission Licensee and the MSSL, to enable the Retailer to retail electricity to Contestable Consumers. For the purposes of this Electricity Agreement, Third Party Contracts shall include, but is not limited to, the Retailer Use of Systems Agreement, the Market Support Services Agreement, and the Power System Operator•Market Participant Agreement (as defined under the Market Rules);

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Equipment Leases shall have the meaning set forth in Section 2.1(b) hereof.

  • Sub-Contractors means those persons furnishing labor or materials for the Project pursuant to the Sub- Contracts.

  • Stationary x-ray equipment means x-ray equipment which is installed in a fixed location.

  • Stationary Play Equipment means equipment such as a climber, slide, swing, merry-go-round, or spring rocker that is meant to stay in one location when a child uses it. Stationary play equipment does not include: