Pricing Volume Clause Samples
The Pricing Volume clause defines how the price of goods or services is determined based on the quantity purchased or delivered. Typically, this clause sets out specific price points or discounts that apply when certain volume thresholds are met, such as offering lower unit prices for larger orders. Its core practical function is to incentivize higher purchase volumes and provide transparency in pricing, thereby reducing disputes and ensuring both parties understand the cost implications of different order sizes.
Pricing Volume. (1) The total volume of Oil and Feedstock estimated for delivery in the Predicted Refinery Slate divided by the total number of Pricing Days in that Month will form the “Daily Default Pricing Volume”.
(2) For information purposes, on every Business Day, Buyer shall advise Seller of the volume of Oil and Feedstock that has been Delivered to it since the previous Business Day’s delivered volume notice to the nearest 5,000 Barrels. Because volumes will be reported before full and final information on the Oil and Feedstock Delivered is available, the Parties acknowledge that actual Delivered volumes may not exactly match the volume notices.
(3) At any time during the Delivery Month, Buyer has the option to [REDACTED].
Pricing Volume. (1) The total volume of Oil estimated for delivery in the Predicted Refinery Slate divided by the total number of Pricing Days in that Month will form the “Daily Default Pricing Volume”.
(2) For information purposes, on every Business Day, Buyer shall advise Seller of the volume of Oil that has been Delivered to it since the previous Business Day’s delivered volume notice to the nearest 5000 Barrels. Because volumes will be reported before full and final information on the Oil Delivered is available, the Parties acknowledge that actual Delivered volumes may not exactly match the volume notices.
(3) At any time during the Delivery Month, Buyer has the option to [REDACTED].
Pricing Volume a. The Parties agree that, in consideration for Samsung’s long-term purchase, the supply price for Samsung’s purchase of the Products from Supplier shall always be [***] prices, for the calendar month, for comparable wafer products supplied to Samsung by its other suppliers (excluding [***]) less [***] percent ([***]%) discount for [***] wafers and [***] percent ([***]%) discount for [***] wafers.
b. Volumes to be purchased by Samsung and its Affiliates and supplied by Supplier are: