Product Price Clause Samples
The product-price clause defines how the price of a product is determined and communicated within an agreement. Typically, it specifies the exact amount to be paid, the currency, and any conditions under which the price may change, such as adjustments for taxes, shipping, or market fluctuations. This clause ensures both parties have a clear understanding of the financial terms, reducing the risk of disputes over payment amounts and providing a transparent basis for invoicing and payment.
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Product Price. (a) The Manufacturing Fees to be paid by COMPANY to DPT are listed in Schedule A. The parties hereto agree that the Manufacturing Fees set out in Schedule A shall be re negotiated, in good faith, at the beginning of each calendar year. If the parties are unable to agree on a re-negotiated price at least thirty (30) days prior to the start of a new twelve (12) month period, then this Agreement, effective the first day of January of the new twelve (12) month period, shall continue in force with prices being adjusted to reflect the change in the Consumer Price Index during the preceding twelve (12) month period until price negotiation can be completed. Prices for new Products or new Product sizes, not initially included in Schedule A, shall be negotiated and DPT and COMPANY shall arrive at a mutual agreement with respect to prices at the time said new Products or new Product sizes are added to Schedule A. If a negotiated price cannot be agreed upon, final pricing will be settled in accordance with paragraph 13.6 (b) below.
(b) Price of materials to be paid by COMPANY to DPT (“Quoted Price of Material”) shall be listed in an amendment to Schedule A within 90 days of commencement of regular production of the applicable Product. Quoted Price of Material is calculated as DPT’s “Standard Cost” (Standard Cost is defined as average actual cost to DPT of material plus incoming freight plus yield loss adjustment) plus ▇▇▇▇-up of [**]% for administration and carrying costs. Quoted Price of Material does not include, without limitation, new or non-recurring costs associated with establishing, testing or manufacturing changes in components or new material such as reference standards, reagents, art charges, die costs, mold or tooling costs, plate costs, and packaging equipment change parts required as a result of changes to existing specifications by Company or pursuant to regulatory requirements. These items will be invoiced to COMPANY at DPT’s cost on a net thirty (30) ** CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND WILL BE FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A CONFIDENTIAL TREATMENT REQUEST.
Product Price. “Product Price” shall mean the Commercial Product price set forth in ANNEX 1 attached hereto and made a part hereof, as such price may be amended from time to time in accordance with this Agreement.
Product Price. No ▇▇▇▇▇▇, whether by means of a term or condition of an agreement or otherwise, may fix or maintain the price at which the wholesaler sells any alcoholic beverage.
Product Price. Commencing on the Commercial Operation Date, the Price per MWh for the Products shall be equal to $77.76 per MWh. The Price per MWh for each billing period shall be allocated between Energy and RECs as follows: (i) Energy = $73.87 per MWh
Product Price. MERCK shall determine the SALES price for PRODUCT SOLD in the TERRITORY.
Product Price. Knight will supply FT Products to Nomad at a price (the “Product Price”) equal to the aggregate of (i) the Cost of Goods and (ii) sixty percent (60%) of the Gross Sales. Knight shall initially invoice Nomad for the Cost of Goods for FT Products supplied hereunder. Nomad shall pay Knight’s invoice for the Cost of Goods no later than thirty (30) days after delivery of FT Products relating thereto.
Product Price. Termination under any of the above paragraphs shall not result in any change to unit prices for Products not terminated.
Product Price. 5W30 Motor Oil Dexos or meets GF-5 Specification by the Quart $37.35
Product Price. Terumo shall pay to IceCure the price of the Product in the currency of U.S. dollars as set forth on Exhibit 6.3 (“Product Price”) within thirty (30) days from the date of relevant invoice. IceCure may issue invoice of an order at the time stipulated in Exhibit 6.3.
Product Price. Price of the products is fixed in written form after accounting by both parties. It is in consideration of some integrated factors such as local consumption level, product costs, taxes, profits etc., and can not be changed without permission. If the price becomes disordered causing by Party B, Party A has the rights to take actions to control and charge Party B with related legal liabilities.