Revised Contract Price definition
Examples of Revised Contract Price in a sentence
The Supplier shall be entitled to supply the Good at the Revised Contract Price upon expiry of the Review Notice (unless the Supplier serves notice to terminate under Clause 20.6 of this Schedule 1 in which case Clause 20.7 of this Schedule 1 shall apply).
The Supplier shall be entitled to supply the Good at the Revised Contract Price upon expiry of the Review Notice (unless the Supplier serves notice to terminate under Clause 11.6 of this Schedule 1 in which case Clause 11.7 of this Schedule 1 shall apply).
In the event ▇▇▇▇ and Buyer can not agree on the Revised Contract Price, then Buyer may obtain its Product Requirements from a supplier other than ▇▇▇▇, provided that ▇▇▇▇ shall have the right of first refusal during a ten (10) period after the thirty (30) days referenced in Article VI, Section D to sell substitute Product to Buyer on the same terms and conditions as those which a third party may offer to Buyer.
The Revised Contract Price thus established will then be fixed for the following year.
In the event ▇▇▇▇ and Buyer can not agree on the Revised Contract Price in the event of a Force Majeure event, then Article X, Section A shall apply.
The Revised Contract Price per short ton shall be determined as follows: Revised Contract Price per short ton = Contract Price per short ton + Actual Additional Costs.
Upon completion of the Review by the Authority, the Authority may elect to increase or decrease the price of the Goods/Services by giving the Supplier not less than one (1) month's written notice of such increase or decrease ("the Review Notice") and the Review Notice shall stipulate the new prices as varied pursuant to the Review ("the Revised Contract Price") and the reasons for this.
The Supplier shall be entitled to supply the Goods/Services at the Revised Contract Price as soon as it receives the Review Notice but otherwise the Revised Contract Price shall take effect on [insert relevant date] and shall apply for the duration of the extension period(s) (unless the Supplier serves notice to terminate under Clause 11.6 of this Schedule 1 of this Framework Agreement below in which case Clause 11.7 of this Schedule 1 of this Framework Agreement below shall apply).
Further, in the event of a Force Majeure event should ▇▇▇▇ elect not to furnish substitute Product from either the ▇▇▇▇ Facility or from a third party, ▇▇▇▇ shall have the right to offer to Buyer substitute Product at the Revised Contract Price for Product set forth in Article VI, Section D, and on the terms and conditions, herein contained.
However, in the event ▇▇▇▇ permanently shuts down the ▇▇▇▇ Facility at any time during the Term, ▇▇▇▇ shall have the option to terminate this Agreement during the period of January 1, 2004 to December 31, 2004; provided, i) ▇▇▇▇ has furnished Buyer with a minimum of four (4) months written notification that either the ▇▇▇▇ Facility has been or will be shut down and ii) ▇▇▇▇ and Buyer can not agree on a Revised Contract Price as stipulated in Article VI, Section D.