Willingness to Pay Sample Clauses

The "Willingness to Pay" clause defines a party's commitment or readiness to pay a specified amount for goods, services, or rights under a contract. In practice, this clause may outline the maximum price a buyer is prepared to offer, or set conditions under which payment will be made, such as upon delivery or achievement of certain milestones. Its core function is to clarify financial expectations and ensure both parties understand the payment terms, thereby reducing the risk of disputes over pricing or payment obligations.
Willingness to Pay. To ensure positive demand curves, the intercepts a(T) must be positive (equivalently, we can impose second order conditions for profit maximizing which would impose similar restrictions on demand parameters). Positive demand implies that WTP for the two generics
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Willingness to Pay. ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ (2014) reported that 25% of respondents were willing to pay at least $ 2,000, and 10% would be willing to pay at least $5,800 for AVs. However, the majority of respondents (54.5%) said they would not be willing to pay extra for AV technology (level 4). ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇ (2017) studied WTP for a different level of automation. It is evident that the majority (56.7% on average) of the respondents were willing to pay less than $100 for partial automation features (level 2). 58.7% of respondents also do not want to pay anything for full automation (level 4). For full automation, 14.4% willing to pay less than $6,000, 10.3% willing to pay $6,000–13,999, 9.3% willing to pay $14,000–25,999, and 7.3% willing to pay more than $26,000. Bansal et al. (2016) reported that 48% and 38% of respondents were willing to pay less than $2,000 for partial automation (level 3) and full automation (level 4), respectively. Interestingly, 41% of respondent were willing to use SAV more than at least once a week or entirely if they charge $1/mile. This adoption reduced to only 4% if they charge $3/mile. ▇▇▇▇▇▇▇ et al. (2017) found substantial heterogeneity in preferences for automation and estimated that the average household is willing to pay a significant amount for automation: $3,500 for partial automation and $4,900 for full automation. Table 3 presents a summary of findings focusing on WTP. $100 or less 56.7% Bansal et al. (2017) $2,000 or less 48% $3,500 estimated for average HH NA ▇▇▇▇▇▇▇ et al. (2017) $0 54.5%, 58.7% ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ (2014), Bansal et al. (2017) $2,000 25% ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ (2014) $2,000 or less 38% Bansal et al. (2016) $4,900 estimated for average HH NA ▇▇▇▇▇▇▇ et al. (2017) $5,800 10% ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ (2014) $6,000 or less 14.4% Bansal et al. (2017) $6,000–13,999 10.3% $14,000–25,999 9.3% $26,000 or more 7.3%
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Willingness to Pay. To ensure positive demand curves, the intercepts a(T) must be positive (equivalently, we can impose second order conditions for profit maximizing which would impose similar restrictions on demand parameters). Positive demand implies that WTP for the two generics (T ) (T ) α(T ) < β + γ α(T ) — α(T ), α(T ) < β + γ α(T ) — α(T ) and, α(T ) > γ β + γ 0 α(T ) + 1 γ β + γ α(T ). γ 1 0
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Related to Willingness to Pay

  • Promise to Pay Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.

  • Agreement to Pay When you use your Card or Credit Card account, or when you permit anyone to use it, you agree to pay the amount of any and all Purchases or Cash Advances (including Purchases and/or Cash Advances which may have been made in violation of this Agreement), FINANCE CHARGES (including but not limited to interest, Foreign Transaction Fees, Cash Advance, Balance Transfer and Convenience Check Transaction Fees), late charges, membership fees, and other fees that may become due as shown on the periodic statement. If we accept a payment from you in excess of your outstanding balance, your available Revolve Line will not be increased by the amount of the overpayment nor will we be required to authorize transactions for an amount in excess of your Revolve Line.

  • Obligation to Pay The originally executed obligation to pay or similar agreement evidencing the obligation of the consumer under a Sharia Mortgage Loan, together with any modification thereto. Officers' Certificate: A certificate signed by the Chairman of the Board, the President or a Vice President or Assistant Vice President, or a Director or Managing Director, and by the Treasurer, the Secretary, or one of the Assistant Treasurers or Assistant Secretaries of the Company or the Master Servicer, as the case may be, and delivered to the Trustee, as required by this Agreement.

  • No Further Obligations Except as expressly provided above or as otherwise required by law, the Company will have no obligations to Employee in the event of the termination of this Agreement for any reason.

  • Company’s Obligation to Pay Each Restricted Stock Unit represents the right to receive a Share on the date it vests. Unless and until the Restricted Stock Units will have vested in the manner set forth in Sections 3 or 4, Participant will have no right to payment of any such Restricted Stock Units. Prior to actual payment of any vested Restricted Stock Units, such Restricted Stock Units will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company. Any Restricted Stock Units that vest in accordance with Sections 3 or 4 will be paid to Participant (or in the event of Participant’s death, to his or her estate) in whole Shares, subject to Participant satisfying any applicable tax withholding obligations as set forth in Section 7. Subject to the provisions of Section 4, such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within the period sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of the payment of any Restricted Stock Units payable under this Award Agreement.