{"component": "clause", "props": {"groups": [{"samples": [{"hash": "b35pZYIx8RR", "uri": "/contracts/b35pZYIx8RR#initial-prices", "label": "Supply Agreement (Shoneys Inc)", "score": 16.0, "published": true}], "snippet": "Upon the Effective Date, the Products and the prices for the Products shall be provided by Buyer or Seller.", "size": 2, "snippet_links": [{"key": "upon-the-effective-date", "type": "clause", "offset": [0, 23]}, {"key": "the-products", "type": "clause", "offset": [25, 37]}, {"key": "by-buyer-or-seller", "type": "clause", "offset": [88, 106]}], "hash": "009683d063a851ae4040a0265be124fc", "id": 4}, {"samples": [{"hash": "kpQqdyiQFY9", "uri": "/contracts/kpQqdyiQFY9#initial-prices", "label": "Co Packing Agreement", "score": 29.340862423, "published": true}, {"hash": "c2W9IX15gYX", "uri": "/contracts/c2W9IX15gYX#initial-prices", "label": "Co Packing Agreement", "score": 29.340862423, "published": true}, {"hash": "503Oks6B97O", "uri": "/contracts/503Oks6B97O#initial-prices", "label": "Co Packing Agreement (WHITEWAVE FOODS Co)", "score": 22.1348391513, "published": true}], "snippet": "Subject to the price adjustments described in this Agreement and the Exhibits hereto, Buyer shall pay to Supplier, for each Product which Buyer orders hereunder, the price for such Product specified on Exhibit A hereto; provided that Exhibit A shall be updated by mutual written agreement of Buyer and Supplier prior to the Effective Date to reflect the initial MIP cost per case for each Product category. Thereafter, both dairy related MIP costs and non-dairy related MIP costs shall be adjusted monthly in accordance with the procedures set forth in Exhibit A. Prior to the first delivery of any Products not listed on Exhibit A, the parties will mutually agree in writing upon the price applicable thereto and, thereafter, such price shall be subject to the price adjustments described in this Agreement; provided, that pricing for any such new Products shall be subject to the same pricing protocols and components as existing Products unless mutually agreed in writing between the parties.", "size": 8, "snippet_links": [{"key": "price-adjustments", "type": "definition", "offset": [15, 32]}, {"key": "in-this-agreement", "type": "clause", "offset": [43, 60]}, {"key": "the-exhibits", "type": "definition", "offset": [65, 77]}, {"key": "buyer-shall", "type": "clause", "offset": [86, 97]}, {"key": "pay-to", "type": "definition", "offset": [98, 104]}, {"key": "exhibit-a", "type": "clause", "offset": [202, 211]}, {"key": "provided-that", "type": "clause", "offset": [220, 233]}, {"key": "mutual-written-agreement", "type": "clause", "offset": [264, 288]}, {"key": "of-buyer", "type": "clause", "offset": [289, 297]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [311, 338]}, {"key": "product-category", "type": "clause", "offset": [389, 405]}, {"key": "in-accordance-with", "type": "definition", "offset": [506, 524]}, {"key": "the-procedures", "type": "definition", "offset": [525, 539]}, {"key": "delivery-of", "type": "clause", "offset": [583, 594]}, {"key": "the-parties-will", "type": "clause", "offset": [633, 649]}, {"key": "in-writing", "type": "clause", "offset": [665, 675]}, {"key": "new-products", "type": "definition", "offset": [845, 857]}, {"key": "existing-products", "type": "clause", "offset": [923, 940]}, {"key": "mutually-agreed", "type": "clause", "offset": [948, 963]}, {"key": "between-the-parties", "type": "clause", "offset": [975, 994]}], "hash": "0c0a1afbe9640cb1442b0d800bda6390", "id": 1}, {"samples": [{"hash": "fwik41izUHZ", "uri": "/contracts/fwik41izUHZ#initial-prices", "label": "Development, Marketing and Distribution Agreement (Proton Energy Systems Inc)", "score": 18.0, "published": true}, {"hash": "8Rxt5elgw86", "uri": "/contracts/8Rxt5elgw86#initial-prices", "label": "Development, Marketing and Distribution Agreement (Proton Energy Systems Inc)", "score": 18.0, "published": true}, {"hash": "3P1gFkNplzT", "uri": "/contracts/3P1gFkNplzT#initial-prices", "label": "Development, Marketing and Distribution Agreement (Proton Energy Systems Inc)", "score": 18.0, "published": true}], "snippet": "The initial prices of the Systems -------------- sold to \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 hereunder (the \"Initial Price\") shall be as set forth on Schedule 2 attached hereto, which prices shall be subject to adjustment as provided in Section 4.1.2 below.", "size": 3, "snippet_links": [{"key": "the-systems", "type": "clause", "offset": [22, 33]}, {"key": "sold-to", "type": "clause", "offset": [49, 56]}, {"key": "schedule-2", "type": "clause", "offset": [123, 133]}, {"key": "subject-to", "type": "definition", "offset": [173, 183]}], "hash": "7f5e378503a23c67dcc3ce98460191c8", "id": 2}, {"samples": [{"hash": "jL0nfiuEQNY", "uri": "/contracts/jL0nfiuEQNY#initial-prices", "label": "Inventory Intermediation Agreement and Step Out Agreement (PBF Holding Co LLC)", "score": 34.4893908282, "published": true}, {"hash": "k8q9xcbnQAn", "uri": "/contracts/k8q9xcbnQAn#initial-prices", "label": "Inventory Intermediation Agreement (PBF Holding Co LLC)", "score": 32.8220396988, "published": true}], "snippet": "4.3.1.1 The Prices that are applicable during the Term are set forth on Schedule J; provided that such Prices shall thereafter from time to time be subject to further adjustment pursuant to Sections 4.3.2 and 4.3.5 below.\n4.3.1.2 In connection with any CRC Joinder Effective Date pursuant to Section 2.10, unless the Parties otherwise agree, the Parties shall endeavor, in good faith and in a commercially reasonable manner, to agree to initial Prices to be used for the Product Groups of CRC Products hereunder according to the procedures described in Schedule N; provided that such Prices shall thereafter from time to time be subject to further adjustment pursuant to Sections 4.3.2 and 4.3.5 below.", "size": 2, "snippet_links": [{"key": "during-the-term", "type": "clause", "offset": [39, 54]}, {"key": "schedule-j", "type": "clause", "offset": [72, 82]}, {"key": "provided-that", "type": "clause", "offset": [84, 97]}, {"key": "from-time-to-time", "type": "clause", "offset": [127, 144]}, {"key": "subject-to", "type": "definition", "offset": [148, 158]}, {"key": "further-adjustment", "type": "clause", "offset": [159, 177]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [178, 198]}, {"key": "in-connection-with", "type": "clause", "offset": [230, 248]}, {"key": "joinder-effective-date", "type": "definition", "offset": [257, 279]}, {"key": "the-parties-shall", "type": "clause", "offset": [342, 359]}, {"key": "in-good-faith", "type": "definition", "offset": [370, 383]}, {"key": "commercially-reasonable-manner", "type": "definition", "offset": [393, 423]}, {"key": "agree-to", "type": "clause", "offset": [428, 436]}, {"key": "product-groups", "type": "definition", "offset": [471, 485]}, {"key": "according-to", "type": "definition", "offset": [512, 524]}, {"key": "the-procedures", "type": "definition", "offset": [525, 539]}, {"key": "schedule-n", "type": "clause", "offset": [553, 563]}], "hash": "7827edd0a30be7fe8467f4410a8ae167", "id": 3}, {"samples": [{"hash": "l9oyWCtVRj8", "uri": "/contracts/l9oyWCtVRj8#initial-prices", "label": "Resale Agreement (Ntelos Holdings Corp)", "score": 21.0, "published": true}], "snippet": "Beginning on July 1, 2007, the rate for Sprint Customers with local phone numbers outside the Markets (currently based on NPA/NNX codes) to access PCS Services (\u201cTravel Voice Customers\u201d) shall be $0.042 per Minute of Use (\u201cMOU\u201d) up to July 1, 2008.", "size": 2, "snippet_links": [{"key": "beginning-on", "type": "clause", "offset": [0, 12]}, {"key": "the-rate", "type": "definition", "offset": [27, 35]}, {"key": "phone-numbers", "type": "definition", "offset": [68, 81]}, {"key": "based-on", "type": "clause", "offset": [113, 121]}, {"key": "pcs-services", "type": "definition", "offset": [147, 159]}, {"key": "minute-of-use", "type": "definition", "offset": [207, 222]}], "hash": "ea9cbf6dcc1cdcded244b9a45d2edf05", "id": 5}, {"samples": [{"hash": "4MfyHojZKDC", "uri": "/contracts/4MfyHojZKDC#initial-prices", "label": "Contract Manufacturing Agreement (Emcore Corp)", "score": 30.826146475, "published": true}], "snippet": "Subject to Section 5.2, EMCORE shall purchase the Products from Hytera at the initial prices set forth on Schedule 1 attached hereto (\"Initial Prices\"). All Prices include, and Hytera is solely responsible for, all costs and expenses relating to packing, crating, boxing, production, manufacture, sale, and delivery of the Products to the Delivery Location. All Prices are firm and not subject to increase for any reason, including changes in market conditions, increases in labor or overhead costs or because of labor disruptions or fluctuations in production volumes.", "size": 1, "snippet_links": [{"key": "section-52", "type": "clause", "offset": [11, 22]}, {"key": "schedule-1", "type": "definition", "offset": [106, 116]}, {"key": "responsible-for", "type": "clause", "offset": [194, 209]}, {"key": "costs-and-expenses", "type": "definition", "offset": [215, 233]}, {"key": "relating-to", "type": "definition", "offset": [234, 245]}, {"key": "delivery-of-the-products", "type": "clause", "offset": [307, 331]}, {"key": "delivery-location", "type": "definition", "offset": [339, 356]}, {"key": "prices-are-firm", "type": "clause", "offset": [362, 377]}, {"key": "for-any-reason", "type": "clause", "offset": [406, 420]}, {"key": "changes-in-market-conditions", "type": "clause", "offset": [432, 460]}, {"key": "overhead-costs", "type": "definition", 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Schedule 5.2 and reflect the calculation of the Prices as of the Effective Date and shall be reviewed and adjusted by the Parties not later than [***] prior to SOP Korea.", "size": 1, "snippet_links": [{"key": "on-schedule", "type": "definition", "offset": [33, 44]}, {"key": "calculation-of-the", "type": "clause", "offset": [65, 83]}, {"key": "as-of-the-effective-date", "type": "clause", "offset": [91, 115]}, {"key": "by-the-parties", "type": "clause", "offset": [151, 165]}, {"key": "prior-to", "type": "definition", "offset": [187, 195]}], "hash": "032bf52803ab182abdceef23118c1ebe", "id": 8}, {"samples": [{"hash": "77cffhOB8QY", "uri": "/contracts/77cffhOB8QY#initial-prices", "label": "Supply Agreement (Shoneys Inc)", "score": 16.0, "published": true}], "snippet": "Upon the Effective Date, the prices for the Products shall be those set forth on SCHEDULE 3.", "size": 1, "snippet_links": [{"key": "upon-the-effective-date", "type": "clause", "offset": [0, 23]}, {"key": "the-products", "type": "clause", "offset": [40, 52]}, {"key": "schedule-3", "type": "definition", "offset": [81, 91]}], "hash": "6e2ff4900a2e0c5fe707064770749e7c", "id": 9}, {"samples": [{"hash": "iBRPun09b96", "uri": "/contracts/iBRPun09b96#initial-prices", "label": "Supply Agreement", "score": 18.2594113621, "published": true}], "snippet": "The prices of the Consumables are listed in the Consumable Matrix and are in effect for 12 months from the Effective Date.", "size": 1, "snippet_links": [{"key": "in-effect", "type": "definition", "offset": [74, 83]}, {"key": "from-the-effective-date", "type": "clause", "offset": [98, 121]}], "hash": "877e6e9ba769e10ed01be5c1996273d2", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihdpbml0aWFsLXByaWNlcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [], "title": "Initial Prices", "parents": [["prices", "Prices"], ["prices-price-adjustments-volume-requirements-deficiency-payments-payment-terms-limited-audit-rights", "Prices Price Adjustments Volume Requirements Deficiency Payments Payment Terms Limited Audit Rights"], ["prices-price-adjustments-payment-terms-limited-audit-rights", "Prices Price Adjustments Payment Terms Limited Audit Rights"], ["purchase-price", "Purchase Price"], ["price-and-payment", "Price and Payment"]], "size": 35, "id": "initial-prices", "related": [["unit-prices", "Unit Prices", "Unit Prices"], ["unit-price", "Unit Price", "Unit Price"], ["supply-price", "Supply Price", "Supply Price"], ["unit-price-work", "Unit Price Work", "Unit Price Work"], ["commercial-price-list-reductions", "Commercial Price List Reductions", "Commercial Price List Reductions"]], "related_snippets": [], "updated": "2025-07-07T16:38:44+00:00", "also_ask": ["How can initial price terms be structured to allow future adjustments without renegotiation?", "What drafting elements are essential to prevent disputes over price changes or escalations?", "What are the main legal risks if initial prices are ambiguous or omitted?", "How do initial price clauses in this jurisdiction compare to those in other key markets?", "What factors do courts consider when determining the enforceability of initial price provisions?"], "drafting_tip": "Specify the initial prices, state the currency, and set the effective date to prevent disputes, ensure clarity, and establish enforceability.", "explanation": "The 'Initial Prices' clause defines the starting prices for goods or services as agreed upon at the outset of a contract. It typically specifies the exact amounts, currencies, and any applicable taxes or fees, and may outline how these prices are to be applied to the initial order or scope of work. By clearly establishing the baseline financial terms, this clause ensures both parties have a mutual understanding of the initial costs, reducing the risk of disputes over payment expectations."}, "json": true, "cursor": ""}}