Common use of Deemed Prices Clause in Contracts

Deemed Prices. Where you receive the Services under a Deemed Contract as referred to in Clause 3.3, the price is published from time to time by CNG (available at ▇▇▇.▇▇▇▇▇▇.▇▇.▇▇). A Deemed Rate is charged when a Customer moves into Premises to which CNG already supplies Services, and no formal contract has been entered into between the Customer and CNG. The rate applies until the Customer either (i) moves to another supplier or (ii) signs a contract with CNG. This is usually higher than any fixed price we might agree with you.

Appears in 2 contracts

Sources: Supply Agreement, Supply Agreement