Common use of Pricing Options Clause in Contracts

Pricing Options. Any Steam price option selected by the Buyer will remain in effect and continue to be the default option until the Buyer has given the required notice to change the applicable Steam price option. To change options, the Buyer must provide notice by December 15 for the following year and must complete the specified term of their current election. The following pricing options are available to Buyer: □ Quarterly pricing option Prices are reset each quarter. Buyer’s Steam purchase shall be repriced for each quarter of the calendar year, beginning January 1, April 1, July 1 and October 1. The price shall be established on the 15th of the month preceding each quarter (or on the following working day if the 15th is a weekend or holiday) by Seller posting such price on its website (“▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇”) and shall be based on the Forward Market Price. □ _XX Monthly pricing option Monthly prices will vary from month to month and are reset each month. The price shall be established on the 15th of the preceding month (or on the following working day if the 15th is a weekend or holiday) by Seller posting such price on its website (“▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇”) and shall be based on the Forward Market Price.

Pricing Options. Any Steam price option selected by the Buyer will remain in effect and continue to be the default option until the Buyer has given the required notice to change the applicable Steam price option. To change options, the Buyer must provide notice by December 15 for the following year and must complete the specified term of their current election. The following pricing options are available to Buyer: □  Quarterly pricing option Prices are reset each quarter. Buyer’s Steam purchase shall be repriced for each quarter of the calendar year, beginning January 1, April 1, July 1 and October 1. The price shall be established on the 15th of the month preceding each quarter (or on the following working day if the 15th is a weekend or holiday) by Seller posting such price on its website (“▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇”) and shall be based on the Forward Market Price. □  _XX X Monthly pricing option Monthly prices will vary from month to month and are reset each month. The price shall be established on the 15th of the preceding month (or on the following working day if the 15th is a weekend or holiday) by Seller posting such price on its website (“▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇”) and shall be based on the Forward Market Price.