Common use of PRICING CONDITIONS Clause in Contracts

PRICING CONDITIONS. 2.1 All purchasing prices are subject to change without prior notice. 2.2 The price of the Products is that specified in the relevant Purchase Order that is confirmed by the Seller (hereinafter the “Purchase Price”). The Purchase Price is to be considered net of taxes and duties, use, license, possible excise and other taxes related to manufacturing, sale and delivery of the Products supplied pursuant to these General Conditions, as well as any export or import duties, inspection fees, and all interest and penalties thereon, all of which shall be paid by the Purchaser. 2.3 Prices are based on the raw materials costs at the date of quotation. In case of any considerable change in the raw material costs occurring between the date of the offer and the date of shipment, the Seller reserves the right to notify such change to the Purchaser and to apply a corresponding adjustment to the relevant quotation.