Common use of Changes to Purchase Price Clause in Contracts

Changes to Purchase Price. The Purchase Price shall not be subject to change as the Parties change the Specification unless changes are made to the Key Technical Parameters that materially increase the production costs of the Units. In such situations requiring an increase in pricing, the Parties shall negotiate in good faith to agree on a mutually acceptable increase to the Purchase Price, and the Specification shall be amended to reflect such change.

Appears in 3 contracts

Samples: Supply Agreement (Ener1 Inc), Supply Agreement (Ener1 Inc), Supply Agreement (Ener1 Inc)

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Changes to Purchase Price. The Purchase Price shall not be subject to change as the Parties change the Specification unless changes are made to the Key Technical Parameters that materially increase the production costs of the UnitsProduct. In such situations requiring an increase a change in pricing, the Parties shall negotiate in good faith to agree on a mutually acceptable increase change to the Purchase Price, and the Specification shall be amended to reflect such change.

Appears in 1 contract

Samples: Supply Agreement (Ener1 Inc)

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