Common use of Initial Price Clause in Contracts

Initial Price. The initial purchase prices for Corrugated Products shall be the prices as currently charged by Tenneco Packaging to the various Buyer Locations as of the date hereof, which prices were determined in a manner consistent with Tenneco Packaging's historical practices (without any rebates or year-end discounts). The initial price for new Corrugated Products shall be determined by Section 4.3 hereof. Except as adjusted in accordance with the terms of this Agreement, prices shall be firm during the Term.

Appears in 2 contracts

Sources: Purchase/Supply Agreement (Pca Valdosta Corp), Purchase/Supply Agreement (Pca Valdosta Corp)

Initial Price. The initial purchase prices for Corrugated Products shall be the prices as currently charged by Tenneco Packaging to the various Buyer Locations as of the date hereof, which prices were determined in a manner consistent with Tenneco Packaging's historical practices (without any rebates or year-end discounts)practices. The initial price for new Corrugated Products shall be determined by Section 4.3 hereofhereof (without any rebates or year-end discounts). Except as adjusted in accordance with the terms of this Agreement, prices shall be firm during the Term.

Appears in 1 contract

Sources: Purchase/Supply Agreement (Pca Valdosta Corp)