Future Pricing Sample Clauses
The Future Pricing clause establishes how prices for goods or services will be determined for future transactions under the agreement. Typically, it outlines mechanisms such as referencing market indices, applying predetermined formulas, or allowing for periodic renegotiation to set future prices. This clause ensures both parties have a clear and agreed-upon method for adjusting prices over time, thereby reducing uncertainty and minimizing disputes related to cost changes.
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Future Pricing. Pricing adjustments shall be made on an annual basis and shall be agreed upon by the parties at a rate no less than the greater of: five percent (5%), the most recently released U.S. Department of Labor Consumer Price Index, All Urban Consumers, National Average Unadjusted, Food Away From Home, or the changes in the Market Basket of Products. Up to ninety (90) days prior to the anniversary of the Commencement Date, Company shall provide Client notification of the adjustment. On the anniversary date, Company proposed adjustments shall go into effect, unless the Parties have entered into a written agreement with an alternative cost adjustment.
Future Pricing. VGSL may purchase additional licenses for the Standard Software products listed above at the respective quantities and license fees indicated below for majority owned subsidiaries of VGSL other than Listed VGCs. Furthermore VGSL may purchase additional licenses for the Standard Software products listed above at the respective quantities and license fees indicated below for minority owned subsidiaries of VGSL on a case by case basis, as agreed to by Supplier in its sole discretion. All future pricing (table and discount levels below) only applies to VGCs in the following business areas: Communications and is valid until Dec 15, 2009.
Future Pricing. By executing this agreement ARCO shall not prejudice its rights to purchase recycled water at a lower price in the future. If a change in policy by West Basin or the ▇▇▇▇▇▇▇▇▇ Water Corporation, including execution of future agreements with other
Future Pricing. Altair and Customer agree that a priority in the development of a mutually beneficial long-term relationship is to collaborate on the identification of a price reduction roadmap for the Product based on different volume levels, timing and performance requirements. To that end, the Parties agree to collaborate in the definition of how such a Product price reduction roadmap will be measured (e.g. price per kilowatt hour, price per kilowatt, throughput, etc.). The Parties agree to complete this definition by no later than July 15, 2010 or as soon as practicable thereafter. Once defined, Altair will produce a Product price reduction roadmap based solely on the reduction of costs under its control. Although not formally committing to this roadmap, Altair will use it as the target to meet or beat in its ongoing development and manufacturing efforts. The Parties will then collaboratively produce a second Product price reduction roadmap based on a review of product specification changes, design adjustments, learnings from sales and manufacturing efforts to date, and any other relevant information. Although this second effort will be an ongoing collaborative effort, the Parties agree to complete the first iteration by no later than July 31, 2010 or as soon as practicable thereafter.
Future Pricing. UPS may at any time, up to one (1) year after "Go-Live", purchase the Company owned software products or services from Company, as described in the Proposal, at the price defined in Exhibit F below.
Future Pricing. For any product and/or service supplied by or on behalf of Contractor, or any of its affiliates, incorporating the System (“Products”):
Future Pricing. Section 7.5 of the Agreement shall be amended to the following language: Pricing adjustments shall be made on an annual basis and shall be agreed upon by the parties at a rate no less than the greater of: five percent (5%), the most recently released U.S. Department of Labor Consumer Price Index, All Urban Consumers, National Average Unadjusted, Food Away From Home, or the changes in the Market Basket of Products. Up to ninety (90) days prior to the anniversary of the Commencement Date, Company shall provide Client notification of the adjustment. On the anniversary date, Company proposed adjustments shall go into effect, unless the Parties have entered into a written agreement with an alternative cost adjustment.