Common use of Milk Price Adjustments Clause in Contracts

Milk Price Adjustments. (a) Milk Price Increases We will review the Monthly Minimum Prices throughout the Term. Where market conditions are conducive to a price increase, we may, during the Term, announce the payment of a: • Step Up – which is an additional payment that is paid to you for all Milk you have supplied to us during a specified period of the relevant Financial Year prior to our announcement; and/or • Price Increase – which is an additional payment that is paid to you for all Milk you have supplied to us during that specified period of the relevant Financial Year after our announcement. We will notify you in writing of any Step Up and/or Price Increase.

Milk Price Adjustments. (a) Milk Price Increases We will review the Monthly Minimum Prices throughout the Term. Where market conditions are conducive to a price increase, we may, during the Term, announce the payment of a: • Step Up – which is an additional payment that is paid to you for all Milk you have supplied to us during a specified period of the relevant Financial Year Term prior to our announcement; and/or • Price Increase – which is an additional payment that is paid to you for all Milk you have supplied to us during that specified period of the relevant Financial Year Term after our announcement. We will notify you in writing of any Step Up and/or Price Increase.

Milk Price Adjustments. (a) Milk Price Increases We will review the Monthly Minimum Prices throughout the Term. Where market conditions are conducive to a price increase, we may, during the Term, announce the payment of a: •  Step Up – which is an additional payment that is paid to you for all Milk you have supplied to us during a specified period of the relevant Financial Year Term prior to our announcement; and/or •  Price Increase – which is an additional payment that is paid to you for all Milk you have supplied to us during that specified period of the relevant Financial Year Term after our announcement. We will notify you in writing of any Step Up and/or Price Increase.