Pricing Mechanism. 12.1 The produce must be purchased at a price provided for in the farming agreement. The price may be linked to market price and in such case, a minimum guaranteed price must be specified. Similarly, the method of determining payment above the minimum guaranteed price and a clear price reference must be provided in the agreement. This price referencing may be done at in a number of ways, including the following options:
Pricing Mechanism. Section 4.01 Pricing Mechanism Definitions. 6 Section 4.02 Notice of Rates. 13 ARTICLE V.
Pricing Mechanism. [The Supplier must use BravoNR to populate rates and charges associated with the Tender. Following Contract Award, Annex 1 will be populated with the rates and charges.]
Pricing Mechanism. Depending on the products or materials to be supplied to the Enlarged Group and the production services to be provided to the Enlarged Group, the price at which each transaction under the Xxxx Labour Purchase and Production Services Framework Agreement is to be conducted will be determined with reference to the market price.
Pricing Mechanism. 7.1 The Buyer agrees to pay the Producer the market price at the time of delivery within the range below: GRADE PRICE (USD) PER KILOGRAM A 0.30-0.40 B 0.25-0.29 C 0.10-0.24
Pricing Mechanism. The Buyer agrees to pay the Producer [$X/kilo bags/containers] of Goods delivered which conform with the quality requirements outlined in Annex [X], based on the [insert price reference, for example, ICO Indicator Prices], or the current market price based on the [insert market index], whichever is the greater. [Optional: Price premiums] [The price will be adjusted based on the following differentials: Quality Specification Premium (insert currency) Fair Trade Premium [x] Organic Differential [x] ICO “S” Certificate of Origin Premium [x] Sustainable Production Practices Premium (See for example, Starbuck’s point system for preferred suppliers (Starbucks, 2001).) Environmental Soil management Water management Conservation of natural resources Integrated pest management Efficient energy use Recycling and treatment of residual Waste management Social Wages and benefits Gender equity and minority rights Health & safety Living conditions [x] [x] [x] [x] [x] [x] [x] [x] [x] Time and method of payment The Buyer shall make the payment within [insert period of time] from acceptance of the Goods. Payment shall be made [via bank transfer to the Producer’s nominated account]/[in cash]/[in specify currency]. Upon receipt of the full purchase amount, the Producer shall provide the Buyer with a written receipt of payment(s) made specifying the amount, time and delivery date of accepted Goods. Optional: Pre-financing3 Where the Producer requests within a reasonable time, the Buyer shall advance up to [insert per cent] of the fixed price of the contract to finance the Producer’s costs of production. [Insert per cent] interest will be charged to the Producer and deducted from the final payment.] FORCE MAJEURE For the purposes of this Agreement, Force Majeure Event means any event that arises after the contract has been signed, is unpredictable, inevitable, beyond the Parties’ reasonable control and that objectively prevents one or both of them from performing their obligations, including, but not limited to, wars, insurrections, civil disturbances, interruption of transportation or communication services, major change to agricultural law or policy in the country of production, blockades, embargoes, strikes and other labour conflicts, riots, epidemics, earthquakes, storms, droughts, fires, floods, or other exceptionally adverse weather conditions, explosions, lightning, or acts of terrorism. As soon as reasonably practicable after the start of the Force Majeure Event, the Af...
Pricing Mechanism. Depending on the products or materials to be supplied by the Enlarged Group, the price at which each transaction under the Sales Framework Agreement is to be conducted will be determined on the following basis: (i) according to the government-prescribed price; or (ii) if there is no applicable government-prescribed price, with reference to the market price.
Pricing Mechanism. The price at which each transaction under the Services Framework Agreement is to be conducted will be determined with reference to the market price of such services.
Pricing Mechanism. Depending on the products or materials to be supplied to the Enlarged Group and the production services to be provided to the Enlarged Group, the price at which each transaction under the Purchase and Production Services Framework Agreement is to be conducted will be determined on the following basis: (i) according to government-prescribed price; (ii) if there is no applicable government-prescribed price, with reference to the market price; or (iii) if no such market price is available, the cost incurred by the relevant party in providing the products or materials or services plus a charge not exceeding 15% of such cost.
Pricing Mechanism. Depending on the ancillary services to be provided by the Parent Company and its subsidiaries, the price at which each transaction under the Combined Ancillary Services Framework Agreement is to be conducted will be determined on the following basis: (i) according to government-prescribed price; or (ii) if there is no applicable government- prescribed price, with reference to the market price.
