Fixed Price Contracts definition

Fixed Price Contracts means a type of contract which provides for a stated number of units of service, for which payment is made on a price per unit basis so that a determination of total contract price can be made.
Fixed Price Contracts means any contracts, commitments or agreements for the purchase or sale of Hydrocarbons (x) having a remaining term of more than sixty (60) days, wherein the purchase or sale price thereunder throughout part of the remaining life of such contract, commitment or agreement is a fixed amount or an amount that is otherwise reasonably determinable as of the date hereof pursuant to the terms of such contract, commitment or agreement, or (y) which has been hedged with futures contracts or otherwise; provided, however, that the term Fixed Price Contracts will not include any contract, commitment or agreement under which the purchase or sales price throughout the remaining life of the contract, commitment or agreement is based on a market responsive reference price for a Hydrocarbon.
Fixed Price Contracts fixed-price", "guaranteed maximum price", "flat rate" or similar Contracts with fixed or capped payment amounts, including all such Contracts involving a joint venture, partnership or teaming arrangement of any Seller and any other party; Foreign Sellers: Sellers incorporated, or otherwise formed or organized, and conducting business in any jurisdiction other than the United States; provided, however, that Foreign Sellers shall not include any Sellers that are eligible to be debtors under Section 109 of the Bankruptcy Code;

Examples of Fixed Price Contracts in a sentence

  • Invoices shall be submitted with sufficient detail and supporting documentation in accordance with the applicable provisions in Clause I1 in the General Terms & Conditions set forth in Part II of this BOA, and, without limitation, with specific application of provisions therein: (i) for Fixed Price Contracts applying to Fixed Price type Release Orders; and (ii) for Time-and-Material Contracts applying to T&M type Release Orders.

  • Preliminary Escalation factors for the escalation of payments for GMES Sentinel-4/UVN Fixed Price Contracts at July 2010 Economic Conditions contractual invoice year preliminary escalation factor The final escalation shall be calculated as per Article 7 of the Contract.

  • The Contractor is advised to review FAR 52.243–1 Changes – Fixed Price Contracts Alternate V and FAR 52.243-2 Changes–Cost reimbursement contracts Alternative V, which is incorporated by reference into this contract in ARTICLE I.1. Inspection and acceptance will be performed at: Office of Acquisition Management, Contracts, and Grants (AMCG) Office of the Assistant Secretary for Preparedness and Response U.S. Department of Health and Human Services 2▇▇ ▇ ▇▇.

  • Funds become payable to Freelancers working on Fixed Price Contracts after Clients accept work submitted by a Freelancer.

  • Section 4.1(w) of the Disclosure Schedule discloses a true and correct statement of the position, as of the date hereof, of the Company and its subsidiaries with respect to obligations under Fixed Price Contracts (including, with respect to each Fixed Price Contract, location of delivery and variations in the obligation to take or deliver) and price swaps, hedg▇▇, ▇▇tures or similar instruments to which the Company or any of its subsidiaries is a party and that are material to the Company.


More Definitions of Fixed Price Contracts

Fixed Price Contracts means any contracts, commitments or agreements (x) having a remaining term of more than sixty (60) days, wherein the purchase or sale price thereunder throughout part of the remaining life of such contract, commitment or agreement is a fixed amount or an amount that is otherwise reasonably determinable as of the date hereof pursuant to the terms of such contract, commitment or agreement, or (y) which has been hedged with futures contracts or otherwise.
Fixed Price Contracts means any contracts, commitments or agreements for the purchase or sale of Hydrocarbons (i) having, as of the date hereof, a remaining term of two months or more, wherein the purchase or sales price thereunder throughout all or part of the life of such contract, commitment or agreement is a fixed amount or an amount that is otherwise reasonably determinable as of the date hereof pursuant to the terms of such contract, commitment or agreement, or (ii) which the Company or any Subsidiary thereof has hedged with futures contracts or otherwise; provided, that the term Fixed Price Contracts will not include any contract, commitment or agreement wherein the purchase or sales price thereunder throughout all of the life of the contract, commitment or agreement is based on a market responsive reference price for a Hydrocarbon.
Fixed Price Contracts means any contracts, commitments or agreements for the purchase or sale of Hydrocarbons (i) having a remaining term of more than sixty (60) days, wherein the purchase or sale price thereunder throughout part of the remaining life of such contract, commitment or agreement is a fixed amount or an amount that is otherwise reasonably determinable as of the date hereof pursuant to the terms of such contract, commitment or agreement, or (ii) which has been hedged with futures contracts or otherwise; provided, however, that the term Fixed Price Contracts will not include any contract, commitment or agreement under which the purchase or sales price throughout the remaining life of the contract, commitment or agreement is based on a market responsive reference price for a Hydrocarbon. "GOVERNMENTAL AUTHORITY" shall mean any federal, state or local governmental agency or authority (other than a Court). "HOLDING COMPANY ACT" shall mean the Public Utility Holding Company Act of 1935, as amended, and the rules and regulations promulgated thereunder. "HSR ACT" shall mean the ▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Antitrust Improvements Act of 1976, as amended, and the rules and regulations promulgated thereunder. "HYDROCARBONS" shall mean crude oil, natural gas, natural gas liquids and other hydrocarbons produced from crude oil or natural gas. "INDUSTRY" shall mean the business of purchasing, gathering, processing, treating, storing, transporting and marketing natural gas. "IRS" shall mean the Internal Revenue Service. "KNOWLEDGE OF THE COMPANY" (and any other phrase to substantially similar effect) means the actual knowledge of any of ▇.▇. ▇▇▇▇▇▇▇▇, ▇.▇. ▇▇▇▇▇▇, ▇.▇. ▇▇▇▇▇, P.A.
Fixed Price Contracts means the following contracts:
Fixed Price Contracts means pursuant to the Project Budget, the negotiated fixed price contract with the Contractors and all other fixed price contracts with respect to the Project, including without limitation, all trade contract awards, contract change orders and purchase orders, and all such fixed price contracts will represent a minimum of 65% of the construction costs and services of the Project Budget.
Fixed Price Contracts means contracts for the sale of ethanol entered into by Borrower pursuant to which Borrower is obligated to sell such ethanol at a fixed price.
Fixed Price Contracts is defined in Section 3.1.19(n).