Interim Price Sample Clauses

Interim Price. For volumes of Interim Supply, the Interim Price for each Supply Point shall be a fixed unit price (subject to Paragraphs 6.5.4 and 6.6.6) proposed by the Supplier, and Approved by the Authority (each Party acting reasonably). The Supplier shall propose a price based on the applicable Fixed Daily Charges and the Variable Charges, but using: (for the avoidance of doubt) the Balancing Fee (Interim Supply); and a Cost of Gas that reflects the price at which the Supplier can reasonably acquire the natural gas necessary to meet the demand at the Supply Points that are to receive an Interim Supply (using the seasonal normal demand profile). In respect of each Supply Point that is to receive the Interim Supply, the Parties shall agree the Interim Price either (at the Authority’s option): prior to the Supplier becoming Registered for the Supply Point, provided that the Authority may only choose this option where all the information the Supplier reasonably requires to become so Registered has been provided to the Supplier at least two (2) Months prior to the relevant Earliest Supply Start Date; or as soon as reasonably practicable after the Supplier has become Registered for the Supply Point. The Supplier shall provide the Authority with a detailed breakdown of the elements of the Interim Price that it is proposing (which shall at least include costs equivalent to each of the costs comprised in the Fixed Daily Charges and Variable Charges).
Interim Price. If either Seller or Purchasers’ Agent notifies the other pursuant to Section 6.3, either Party shall then have the right by written notice to the other Party to have the Seller invoice provisionally at the applicable price(s) applied to the last previous shipment of Concentrates sold hereunder prior to such written notice (the “Interim Price”) and Purchasers’ Agent shall thereafter pay on the basis of the Interim Price until Seller and Purchasers’ Agent shall agree on a new pricing basis for the metal(s) concerned. Once agreement is reached pursuant to this Section 6.4, the affected quantities of Concentrates shall be promptly re-invoiced based on the new pricing basis for the metal(s) concerned.

Related to Interim Price

  • Price Schedule, Payment Terms and Billing, and Price Adjustments (a) Price Schedule: Price Schedule under this Contract is set forth in Exhibit B.

  • Product Price Termination under any of the above paragraphs shall not result in any change to unit prices for Products not terminated.

  • Contract Sales Price The total consideration provided for in the sales contract for the sale of a Property.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Interim Period (a) During the period commencing on the date of this Agreement and ending with the earlier to occur of the Closing Date or the termination of this Agreement in accordance with its terms, the Company agrees that it will, except as set forth on Schedule 3.3(a): (i) carry on its respective businesses in substantially the same manner as it has heretofore and not introduce any material new method of management, operation or accounting; (ii) maintain its respective properties and facilities, including those held under leases, in as good working order and condition as at present, ordinary wear and tear excepted; (iii) perform all of its respective obligations under agreements relating to or affecting its respective assets, properties, or rights; (iv) keep in full force and effect present insurance policies or other comparable insurance coverage; (v) use its best efforts to maintain and preserve its business organization intact, retain its respective present key employees, and maintain its respective relationships with suppliers, customers, and others having business relations with it; (vi) maintain compliance with all permits laws, rules and regulations, consent orders, and all other orders of applicable courts, regulatory agencies, and similar governmental authorities; (vii) maintain present debt and lease instruments and not enter into new or amended debt or lease instruments; and (viii) maintain present salaries and commission levels for all officers, directors, employees and agents. (b) During the period commencing on the date of this Agreement and ending with the earlier to occur of the Closing Date or the termination of this Agreement in accordance with its terms, the Company agrees that it will not, except as set forth on Schedule 3.3(b): (i) make any change in its Certificate or Articles of Incorporation or Bylaws; (ii) issue any securities, options, warrants, calls, conversion rights or commitments relating to its securities of any kind; (iii) declare or pay any dividend, or make any distribution in respect of its stock whether now or hereafter outstanding, or purchase, redeem or otherwise acquire or retire for value any shares of its stock or declare any dividends or make any distributions (other than S Corporation distributions), nor pay out any extraordinary bonuses in excess of pro rata bonuses customarily paid, or fees, or commissions to the Shareholders, directors, management or other personnel; (iv) sell, assign, lease, or otherwise transfer or dispose of any property or equipment except in the normal course of business; (v) negotiate for the acquisition of any business or the start-up of any new business; (vi) merge or consolidate or agree to merge or consolidate with or into any other corporation; (vii) waive any material rights or claims; (viii) commit a material breach of or amend or terminate any material agreement or Permit; (ix) enter into any other transaction outside the ordinary course of its business consistent with past business practice or prohibited hereunder; or (x) change its accounts receivable collection practice or factor its accounts receivable in any way.