Fixed Rate Pricing Clause Samples
The Fixed Rate Pricing clause establishes that the price for goods or services will remain constant throughout the duration of the contract, regardless of changes in market conditions or costs incurred by the supplier. Typically, this means that the buyer pays a predetermined amount for the agreed scope of work, and the supplier cannot increase the price due to unforeseen expenses or inflation. This clause provides cost certainty for the buyer and simplifies budgeting, while also allocating the risk of cost overruns to the supplier.
Fixed Rate Pricing. The “Fixed Rate” for Advances shall be an interest rate equal to the Floating Rate in effect on the first Business Day of the Fixed Rate Interest Period.
Fixed Rate Pricing. WFI shall perform the Services for Tritel as described in Exhibit A, Section A.
1. The Fixed Rate Pricing set forth below (which shall apply under this Agreement unless Tritel elects to procure Services on a time and materials basis as outlined in Section B.1.3) is on a "per site" basis. WFI shall perform the Services for all "effective base stations" that Tritel builds in the Markets in which Tritel has engaged WFI, as listed in Exhibit G. The fixed rate pricing listed below is expressly based upon WFI's performing the Services for all effective base stations in all such Markets, and upon WFI's performing all three phases of RF Engineering Services outlined herein.
Fixed Rate Pricing. The “Fixed Rate” for Advances under the Line of Credit shall be an interest rate equal to the Floating Rate for Line of Credit Advances in effect on the first Business Day of the Fixed Rate Interest Period (inclusive of the margin applicable to such Floating Rate (i.e., 2.75%), and subject to the minimum interest rate, if applicable, unless a Rate Hedge applies to such Fixed Rate Advance), and the “Fixed Rate” applicable to the principal balance of the Term Loan shall be an interest rate equal to the Floating Rate for the Term Loan in effect on the first Business Day of the Fixed Rate Interest Period (inclusive of the margin applicable to such Floating Rate (i.e., 3.50%), and subject to the minimum interest rate, if applicable, unless a Rate Hedge applies to such Fixed Rate Advance); Multiple Advances under the Line of Credit may simultaneously accrue interest at both the Floating Rate and at the Fixed Rate, subject to the limitations of Section 1.5(b).
Fixed Rate Pricing. Galaxy shall perform the Services for Tritel as described in Exhibit A. Section A.
1.1 The Fixed Rate Pricing set forth below (which shall apply under this Agreement unless Tritel elects to procure Services on an time and materials basis as outlined in Section B. 1.3) is on a "per site" basis. The price per site for each phase is based on a minimum of 875 "effective base stations" for which Tritel hereby engages Galaxy. These pr ices are based on Galaxy performing all three phases of RF Engineering Services outlined herein.