New Price Clause Samples

The "New Price" clause defines how the price for goods or services will be adjusted or established under certain circumstances during the contract term. Typically, this clause outlines the process for determining a revised price, such as referencing market rates, cost changes, or mutual agreement between the parties. Its core practical function is to provide a clear mechanism for price adjustments, ensuring both parties have a fair and predictable method for handling changes in pricing, thereby reducing disputes and maintaining contract stability.
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New Price. The parties agree to delete the contents of Section 8 of the Agreement, Price, and replace it with the following: First [***] pieces: US$[***] Next [***] pieces: US$[***] Next [***] pieces: US$[***] After first [***] pieces: US$[***] Changes in die size will affect the price quoted. The prices quoted herein for mass production are based on the assumption of adequate yield. TAEC reserves the right to adjust pricing based on mutual agreement in the event that adequate yield figures, in TAEC’s reasonable opinion, are not achieved by the start of mass production despite reasonable commercial efforts by both parties. TAEC will provide Netlist with timely data such that Netlist can reasonably assess yield. Prices do not include and are subject to any applicable sales tax.
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New Price. The parties agree to delete the contents of Section 8 of the Agreement, Price, and replace it with the following:
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New Price. The parties agree to delete the contents of Section 8 of the Agreement, Price, and replace it with the following: First [***] pieces: US$[***] *[***] Next [***] pieces: US$[***] Next [***] pieces: US$[***] After first [***] pieces: US$[***] * Prices for first 1 Mpcs represent an addition of US$[***] per unit in amortized Total NRE cost. See Section 10. Changes in die size will affect the price quoted. The prices quoted herein for mass production are based on the assumption of adequate yield. TAEC reserves the right to adjust pricing based on mutual agreement in the event that adequate yield figures, in TAEC’s reasonable opinion, are not achieved by the start of mass production despite reasonable commercial efforts by both parties. TAEC will provide Netlist with timely data such that Netlist can reasonably assess yield. Prices do not include and are subject to any applicable sales tax.
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New Price. The term "New Price" as used in this Article 5 shall have the same --------- meaning given in Article 3.
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New Price. For the purpose of illustrating the method by which the Redetermined Price will be determined in the future and establishing the minimum for the Fixed Lignite Price during the Post-Transition Period as provided in Article D.l through D.3, a “New Price” has been determined as of July 1, 1998. The work papers for the determination of the New Price are included as Exhibit B, pages 1 through 5 of the Appendix, and are incorporated herein as an illustration of the pricing model for the determination of each Redetermined Price. Incorporation of New Price workpapers is intended to illustrate and clarify the components of the Redetermined Price and the method of its determination described in the text of this Agreement. The Parties intend that the text shall be interpreted in conformity with the numerical exposition in the Exhibits unless there is irreconcilable conflict between the text and the exposition examples in which event the text shall control. No numerical value used in calculating the New Price shall determine conclusively the value to be used in calculating a Redetermined Price. Such values shall be determined under the then prevailing facts and circumstances.
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New Price. The contracting parties reserve the right to agree a new price if the Contract is renewed and in any case the adjustment herein stipulated will be the minimum base which shall be used to determine the new lease amount, such that appraisers shall be called and the verbal procedure stipulated in Article 519 3 of the Commercial Code shall be used only when in the opinion of the contracting parties for the renewal period, a new payment above that herein stipulated should be established inasmuch as for the other cases, the parties shall be subject to the terms of the preceding clauses.
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New Price. After the effective date of any price increase, all Products will be shipped and invoiced to RESELLER at the price in effect at the time the purchase order was received by AVIVA.
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Related to New Price

  • The Price 7.1. The Price for the Business shall ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ : Goodwill $ [ ] Leasehold Properties $ [ ] Assets $ [ ] Contracts and all other property Nil ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

  • Supply Price The price payable by SAVIENT to NOF for the Activated PEG manufactured and supplied by NOF pursuant to SAVIENT’s Firm Orders (“Supply Price”) shall be as set out in Exhibit C, and the price for each order shall be calculated based on SAVIENT’s total Forecast for the Year in which the order is placed regardless of whether NOF shall complete delivery in the Year in which it is ordered. By way of example, if SAVIENT’s Forecast for a particular Year is for [**] kg of the Activated PEG, then orders placed during that Year will be charged at US$[**]/Kg. If at the end of any Year actual orders purchased by SAVIENT do not fall within the applicable quantity range of the original Forecast, then the Price for the Activated PEG purchased during that Year shall be adjusted to reflect that actual volume of Activated PEG purchased by SAVIENT, provided, however, if the actual amount purchased by SAVIENT is less than Forecasted due to [**], then the Price for the Activated PEG purchased by Savient shall be based on [**]. Upon adjustment, if necessary, either SAVIENT shall pay to NOF or NOF shall credit to SAVIENT, as applicable, the balance based on the said adjustment. Any amounts owing by SAVIENT to NOF pursuant to this provision shall be remitted within [**] days of the SAVIENT’s receipt of a reconciliation statement which sets forth in specific detail the amounts purchased by SAVIENT during the Year in question; any credits owing by NOF to SAVIENT shall be applied to [**]. Provided, however, that SAVIENT shall pay to NOF only such amount as corresponds with the amount of Activated PEG which is actually delivered to SAVIENT or SAVIENT’S designee pursuant to the terms of this Agreement.

  • Price If pricing is not stated on this Order or in an executed procurement agreement, then Supplier’s pricing shall not exceed the lowest prices charged by Supplier to other similarly situated customers. Except as otherwise provided in this Order, such prices are inclusive of applicable value added tax and other similar taxes (collectively “VAT”), freight charges and duties.

  • Shares; Price The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the "Shares") for cash (or other consideration as is acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the "Exercise Price").

  • Fixed Price An Authorized User Agreement shall be awarded on a fixed-price basis only. As such, the Contractor shall complete all project Deliverables indicated in the final negotiated Authorized User Agreement, without any increase in cost to the Authorized User. If the Contractor resources required to complete such work are more than the Contractor agreed to in the Mini-Bid, these additional resources must be provided to the Authorized User at no additional cost.