Common use of Material Prices Clause in Contracts

Material Prices. Starting the January after the execution of this Agreement, and annually thereafter, NPI may notify JDS of any changes in Material pricing. Changes to Material Prices may include supplier price increases or decreases. *** Changes in Pricing will be effective one month after the price change notification date (February 1st) of each year of the Supply Term.

Material Prices. Starting the January after the execution of this Agreement, and annually thereafter, NPI may notify JDS of any changes in Material pricing. Changes to Material Prices may include supplier price increases or decreases. *** Changes in Pricing will be effective one month after the price change notification date (February 1st) of each year of the Supply Term.. (b) Non-Material Costs. Components of NPI’s cost of the Products and the Manufacture thereof, other than the cost of Materials, shall hereinafter be referred to as Non-Material Costs. ***