Day One Pricing Sample Clauses

The Day One Pricing clause establishes the initial price or rate that will apply to goods or services from the very start of a contract or agreement. Typically, this clause specifies the exact amount or formula for calculating the price effective on the first day of the contractual relationship, and may outline how this price was determined or whether it is subject to later adjustment. Its core function is to provide certainty and transparency for both parties regarding the cost obligations at the outset, thereby preventing disputes over pricing and ensuring both sides have a clear understanding of financial commitments from the beginning.
Day One Pricing. The Parties agree that the Price for Repair Services, on the Effective Date, will not be greater than the cost incurred by Nortel Networks for such Repair Services on the day before the Effective Date. In addition, the Price for Repair Services on the day after Flextronics assumes responsibility of such Repair Services from third party suppliers [•]. These Prices are set out in Exhibit 6. Thereafter, Nortel Networks and Flextronics will set Prices on an annual basis, using the process described in Exhibit 7, incorporating the ICR and OCR into the committed Price for the forward four quarters. In order to establish Prices as of the Effective Date, Nortel Networks shall provide sufficient information to support current Prices as at such date. This process is set forth in Exhibit 15. Flextronics will determine by the end of four (4) months after the Effective Date whether it is satisfied that the resources and cost responsibilities, as transferred, are accurately reflected in the Prices as provided by Nortel Networks. If Flextronics is not so satisfied, it will notify Nortel Networks and present reasonable evidence to support this determination. If Nortel Networks accepts this determination, the Parties will mutually agree on restated Prices for the applicable Repair Services, which shall be retroactive to the first invoice. If Nortel Networks does not accept this determination, the Parties shall follow the Dispute Resolution Process. Upon acceptance or other resolution of the revised Pricing, the Party which either overpaid or overcharged will pay the other Party the difference between the amounts originally invoiced and the revised Prices forty (40) days after receipt of invoice.
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Day One Pricing. The Parties agree that the aggregate transaction price immediately after the transfer (“Day One Pricing”) for each Product Family or category of Services that are transferred by Nortel Networks or another EMS Supplier to Flextronics [•]. These prices will be set out in the applicable VSHA executed by the Parties. In order to establish Prices as of the applicable VSHA Effective Date, Nortel Networks shall provide sufficient information to support current Total Costs to be included in Prices as at such date. This process will be documented in Exhibit 29. Flextronics will determine by the end of 4 months after the VSHA Effective Date whether it is satisfied that the resources and cost responsibilities, as transferred, are accurately reflected in the Total Costs as provided by Nortel
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Related to Day One Pricing

  • TIPS Pricing Vendor agrees and understands that for each TIPS Contract that it holds, Vendor submitted, agreed to, and received TIPS’ approval for specific pricing, discounts, and other pricing terms and incentives which make up Vendor’s TIPS Pricing for that TIPS Contract (“TIPS Pricing”). Vendor confirms that Vendor will not add the TIPS Administration Fee as a charge or line-item in a TIPS Sale. Vendor hereby certifies that Vendor shall only offer goods and services through this TIPS Contract if those goods and services are included in or added to Vendor’s TIPS Pricing and approved by TIPS. TIPS reserves the right to review Vendor’s pricing update requests as specifically as line-item by line-item to determine compliance. However, Vendor contractually agrees that all submitted pricing updates shall be within the original terms of the Vendor’s TIPS Pricing (scope, proposed discounts, price increase limitations, and other pricing terms and incentives originally proposed by Vendor) such that TIPS may accept Vendors price increase requests as submitted without additional vetting at TIPS discretion. Any pricing quoted by Vendor to a TIPS Member or on a TIPS Quote shall never exceed Vendor’s TIPS Pricing for any good or service offered through TIPS. TIPS Pricing price increases and modifications, if permitted, will be honored according to the terms of the solicitation and Vendor’s proposal, incorporated herein by reference.

  • JOC - PRICING OF After Hours Coefficient What is your after hours coefficient for the RS Means Price Book for work performed after normal working hours? (FAILURE TO RESPOND PROHIBITS PART 2 JOC EVALUATION)

  • GSA Benchmarked Pricing Additionally, where the NYS Net Price is based upon an approved GSA Supply Schedule:

  • JOC - PRICING OF Regular Hours Coefficient What is your regular hours coefficient for the RS Means Price Book? (FAILURE TO RESPOND PROHIBITS PART 2 JOC EVALUATION)

  • Unit Pricing If required by the Bid Specifications, the Bidder should insert the price per unit specified and the price extensions in decimals, not to exceed four places for each item unless otherwise specified, in the Bid. In the event of a discrepancy between the unit price and the extension, the unit price shall govern unless, in the sole judgment of the Commissioner, such unit pricing is obviously erroneous.