Price Revisions Sample Clauses
The Price Revisions clause establishes the conditions under which the agreed-upon price in a contract may be adjusted during its term. Typically, this clause outlines specific triggers for price changes, such as fluctuations in raw material costs, changes in market indices, or regulatory adjustments, and details the process for notifying and approving such revisions. Its core practical function is to provide a fair and transparent mechanism for adapting contract prices to changing circumstances, thereby protecting both parties from unforeseen cost increases or decreases and reducing the risk of disputes.
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Price Revisions. Bid prices shall be firm except that price revisions will be permitted in accordance with the following procedure: Separate revisions to the original Contract price shall be based on the average of prices in the OPIS Oil Price Daily for Kerosene and Diesel, under the heading, “Daily Petroleum Prices”, Rack prices only, which are designated for Ultra-Low Sulfur products. 1D and 2D Prices will fluctuate according to the “Ultra Low Sulfur Kero” and “Ultra Low Sulfur Diesel” postings selected. The simple average of the high and low prices shown in the OPIS Oil Price Daily postings will be used to compute price revisions during the Contract period. NYSPro will compute any price revisions by determining the difference between the Posted Price on March 14, 2013 and the Posted Price on every Thursday during the contract period beginning with the OPIS Oil Price Daily of August 15, 2013. The aforementioned mechanism for weekly price revisions would then be applied to the Contract prices throughout the Contract period. Price revisions will be rounded at four (4) decimal places. Applicable price changes will be effective as of the start of business on the following Friday. If the prices are not posted on Thursday, the previous business day on which the specified prices are posted will be utilized. The average published prices on March 14, 2013 for 1D (ultra low sulfur kero) and 2D (ultra low-sulfur) are shown in the table below, by posting location. Calculated base prices for B5, B10, and B20 BioDiesel are also shown below. Posting Location KEROSENE (1D) ULS DIESEL (2D) ▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇, NY 3.5326 3.1530 $3.1785 $3.2040 $3.2549 Buffalo, NY 3.8505 3.2283 $3.2500 $3.2717 $3.3152 Long Island, NY 3.5537 3.1903 $3.2139 $3.2375 $3.2848 Newburgh, NY 3.6463 3.2757 $3.2950 $3.3144 $3.3531 Syracuse, NY 3.7268 3.1918 $3.2153 $3.2389 $3.2860 Utica, NY 3.6943 3.2998 $3.3179 $3.3361 $3.3724
Price Revisions. 15.1 AMG reserves the right to increase the price of any Products upon ninety (90) days written notice to Reseller by certified or registered U.S. mail. Products ordered by Reseller prior to or during the ninety (90) day notification period will be invoiced in accordance with the price schedule in effect at the time such written notice is given if such Products are to be shipped within ninety (90) days of the date of such notice.
Price Revisions. HiveMQ may modify the prices of Subscriptions at any time up to an amount of eight (8) percent of the annual aggregate pricing of the preceding Contract Year, unless otherwise expressly agreed in a Quote explicitly mentioning this Section. HiveMQ will notify Customer at least 30 days in advance of any such price increases. If HiveMQ notifies Customer of any price increase for a Subscription that Customer has used prior to receipt of such notification, Customer may terminate the respective Quote on 30 days’ prior written notice to HiveMQ on condition that Customer provides such notice within 30 days of being informed of the respective price increases by HiveMQ. Customer’s outstanding payment commitments (if any) that have accrued before the effective date of such termination are not affected.
Price Revisions. Mogo may increase the monthly/annual rates listed on this Agreement any time after the first twelve (12) months from the date of execution of this Agreement by Mogo without further notice to Dealer. Such increase will be to Mogo’s then prevailing price or by an amount based on the percentage rate of price increases for all goods and services as determined by the Bureau of Labor Statistics of the U.S. Department of Labor (Consumer Price Index) plus 2%. The foregoing limitation does not apply to third party fees, costs and related price increases, which may be passed along to Dealer under this Agreement. All other fees payable by Dealer pursuant to this Agreement are subject to change to Mogo’s then-prevailing price without further notice, or are subject to change as otherwise noted in this Agreement.
Price Revisions. 8.1 USIC may adjust the prices for Locate Services set forth on Exhibit B upon thirty (30) days notice to Customer, provided that USIC provides Customer evidence that such price increase results from either (a) an increase in USIC costs for providing the Services that exceeds the average rate of
1. At the beginning of each Contract Year subsequent to the first Contract Year, the charges for Locate Services set forth on Exhibit B shall be increased by 3.00%.
8.2 USIC may on a semiannual basis adjust fees based upon fluctuation in fuel prices. The adjustment will be based on "U.S. Regular Conventional Retail Gas Prices" from the US Department of Energy site: ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇.▇▇▇/oil_gas/petroleum/data_publications/wrgp/mo gas_history.html. The average fuel price over the previous 6-months will be reviewed every Contract Year on January 1st and July 1st and pricing will be adjusted when applicable based the average fuel price as outlined in the chart below. There will be no adjustment in fees as long as the average fuel price is at or below $3.99. For example, if the average fuel price for the previous 6-months is $4.00 - $4.49 on July 1, fees will be increased by 1.50% for the next 6-month period through December 31st. If the reviewed average 6-month fuel price (on January 1st or July 1st) drops below $4.00, the increases will cease to be in effect. $4.00 - $4.49 1.50% $4.50 - $4.99 Additional 1.00% $5.00 - $5.49 Additional 1.00% $5.50 + Additional 1.00%
Price Revisions. Upon [***] written notice to AT&T, such notice to provide sufficient particularity for AT&T to understand the change that the Supplier may make, Supplier may change [***], such changes to be memorialized through a new [***] emailed to AT&T. That new [***] shall [***] supersede and replace the [***] in Appendix B as the then-current [***] following [***]. Orders received by Supplier prior to [***] will be [***]. Upon request, Supplier will [***]. In the event that [***], [***]. Regarding Orders placed after the effective date of Amendment 17 to the Agreement, Supplier will [***]. For [***], Supplier will [***]. For [***], AT&T may [***]. MobileIron shall provide the [***] to AT&T, at ▇▇▇▇▇▇.▇▇▇▇▇@▇▇▇.▇▇▇ with a copy to ▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇.▇▇▇ or such other person(s) as AT&T may designate from time to time.
2. Section 3.29, titled “Ownership of Work Product,” is hereby deleted and replaced in its entirety with a new Section 3.29, titled “Incidental Development and Reservation of Rights,” as follows:
Price Revisions. Bid prices shall be firm except that price revisions will be permitted in accordance with the following procedure: Revisions to the original Contract price shall be based on prices published in the OIL PRICE INFORMATION SERVICE (OPIS) under the heading In Cash Markets, weekly average Spot report under “N.Y. Harbor Spot Barge Weekly Average” and Ethanol Spot Market Prices (New York). The weekly average of the daily high and low prices shown in the publication for each of the three conventional unleaded gasoline fuel types, RBOB, PreRBOB and Ethanol will be used to compute price revisions during the contract period. NYSPro will compute any price revisions by determining the difference between the weekly average of the daily high and low prices (base prices) published on May 6, 2013 and the weekly average of the daily high and low prices published on Monday every week during the contract period beginning with the publication of September 23, 2013. This differential (adjustment) + or - will be added to the base bid prices. Applicable price changes will be effective as of the start of business on the Friday immediately preceding the day of publication. Generally, the weekly average published in OPIS represents a 5-day average of high and low prices; however, as holidays occur which would eliminate a given daily range of prices, the weekly average may represent less than a 5-day average. Regardless of the number of days represented in the weekly average, the published weekly average will be utilized as the basis for price revisions. Final price shall be calculated by applying the above stated price revision to the base bid price. The State reserves the right to change to a daily, bi-weekly or monthly schedule in price revisions if the market conditions so warrant. Should postings differ from current description and/or format, a posting determined by the Commissioner of the Office of General Services in his or her sole discretion, to be most reflective of market conditions, will be used. Corrections to posted prices previously published will be considered when caused by a typographical or clerical error on the part of said publisher. The following clauses shall apply to all price adjustments under any contract awarded:
(1) Price increases are limited to changes in pre-selected postings as noted above. Increases in Contract costs or prices to compensate for other increases in the cost of doing business, regardless of where such cost increases are attributable, wil...
Price Revisions. The Parties waive any and all rights to seek to --------------- revise the provisions of this Agreement, including the prices stated, pursuant to Sections 205 and/or 206 of the Federal Power Act.
Price Revisions. Google may change the Prices at any time unless otherwise expressly agreed in an addendum or Order Form. Google will notify Customer at least 30 days in advance of any changes. Customer's pricing will change at the beginning of Customer’s next Order Term after the 30-day period.
Price Revisions. Where gas distributor-consolidated billing is in a rate-ready form, the Gas Vendor may increase or decrease the price applicable to its customer, provided that any such increase or decrease is made only,
(a) once a month; and,
(b) by the Gas Vendor notifying the Gas Distributor of the particulars of such increase or decrease, including the customer to which the change applies and the new price applicable. Each increase or decrease effected pursuant to this section shall become effective on the relevant date identified in the relevant STR.
