Price Payable Clause Samples
The Price Payable clause defines the amount and terms under which payment must be made for goods or services provided under the contract. It typically specifies the total price, the currency, and any applicable taxes or adjustments, as well as the timing and method of payment. This clause ensures both parties are clear on the financial obligations, reducing the risk of disputes over payment amounts or schedules.
Price Payable. In this Article 8, the price payable is the price that is (or would be) payable by the buyer if the Petroleum were delivered by the Contractor and taken by the buyer, without set off, counterclaim or other withholding of any nature.
Price Payable. The price payable by the Company to the DSME Builder pursuant to the Shipbuilding Contract as at Completion is USD 94,050,000 (ninety four million and fifty thousand US dollars) (which amount includes USD 1,200,000 (one million, two hundred thousand US dollars) of extras, but excludes buyer’s supplies as defined in the Shipbuilding Contract).
(a) Indebtedness The Company does not have outstanding nor has it incurred or agreed to incur any Indebtedness.
Price Payable. The price payable by the Company to the HHI Builder pursuant to the Shipbuilding Contract as at Completion is USD 94,475,000 (ninety four million, four hundred and seventy five thousand US dollars) (which amount includes USD 900,000 (nine hundred thousand US dollars) of extras, but excludes buyer’s supplies as defined in the Shipbuilding Contract).
(a) Indebtedness The Company does not have outstanding nor has it incurred or agreed to incur any Indebtedness.
Price Payable. The price payable is the price which is (or would be) payable by the buyer if the Petroleum were delivered by the Contractor and taken by the buyer, without set off, counterclaim or other withholding of any nature.
Price Payable. The Exercise Price shall be determined by multiplying the Channel Value by the percentage of CNI’s stock which STREAM is going to purchase.