Supply Pricing Clause Samples

The Supply Pricing clause defines how the prices for goods or services provided under the agreement are determined and managed. It typically outlines whether prices are fixed, subject to adjustment, or based on external benchmarks, and may specify procedures for price changes, such as notice requirements or periodic reviews. This clause ensures both parties have a clear understanding of the cost structure, reducing the risk of disputes over pricing and providing predictability for budgeting and financial planning.
Supply Pricing. MEDA shall exclusively purchase Product from EpiCept at a price of *** per vial subject to adjustment as per Exhibit F, and on the terms and conditions set forth therein and in the Supply Agreement to be negotiated in accordance with the provisions of Section 3.5.
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Supply Pricing. Schedule 8.1 sets forth the price Buyer will pay Supplier for Product Units as well as the Monthly Payment (as defined in Schedule 8.1). If Buyer sources any raw or packaging materials pursuant to Section 4.1, the price for such Product Unit shall be decreased by an amount directly corresponding to the materials sourced as agreed by the parties.
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Supply Pricing. DURECT shall provide any Licensed Products or components thereof designated in Section 5.2 (“DURECT Manufactured Products”) pursuant to a Supply Agreement. The parties will negotiate a Supply Agreement defining the products to be supplied by DURECT and the terms and conditions of such supply. Such Supply Agreement shall include, without limitation: [***]
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Supply Pricing. As soon as practicable, but in any event prior to [***], the Parties will agree upon and enter into one or more clinical supply agreement(s) on reasonable and customary terms for the supply of API or Clinical Samples by Perception to Otsuka for use in Development in the Otsuka Territory (“Supply Agreement”). Each Supply Agreement will contain reasonable and customary terms for clinical supply and will also include the terms and conditions in this Article 7, shipment and delivery terms on a FCA Origin (Incoterms 2020) basis, and reasonable payment terms following shipment of API or Clinical Samples, as applicable, and Otsuka’s receipt of invoices and required documentation therefor. In addition to, or as part of, each Supply Agreement, the Parties will agree upon and enter into a quality technical agreement (“Quality Agreement”) containing reasonable and customary terms and conditions regarding quality assurance, quality control and compliance with GLP, GCP and GMP (as applicable). Perception shall supply API and Clinical Samples, as applicable, to Otsuka at a price equal to [***] [***] [***]. Perception shall have sole discretion with respect to any amendments to any agreements with CMO(s) existing as of the Effective Date; provided that Perception shall not amend any such agreement in a manner that would have a significant negative impact on Otsuka without the prior consent of Otsuka, not to be unreasonably withheld, conditioned or delayed. For clarity, any such amendment that would result in a significant increase in the supply price for API or Clinical Samples shall be considered to have a significant negative impact on Otsuka.
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Supply Pricing 
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Related to Supply Pricing

  • Supply Price The price payable by SAVIENT to NOF for the Activated PEG manufactured and supplied by NOF pursuant to SAVIENT’s Firm Orders (“Supply Price”) shall be as set out in Exhibit C, and the price for each order shall be calculated based on SAVIENT’s total Forecast for the Year in which the order is placed regardless of whether NOF shall complete delivery in the Year in which it is ordered. By way of example, if SAVIENT’s Forecast for a particular Year is for [**] kg of the Activated PEG, then orders placed during that Year will be charged at US$[**]/Kg. If at the end of any Year actual orders purchased by SAVIENT do not fall within the applicable quantity range of the original Forecast, then the Price for the Activated PEG purchased during that Year shall be adjusted to reflect that actual volume of Activated PEG purchased by SAVIENT, provided, however, if the actual amount purchased by SAVIENT is less than Forecasted due to [**], then the Price for the Activated PEG purchased by Savient shall be based on [**]. Upon adjustment, if necessary, either SAVIENT shall pay to NOF or NOF shall credit to SAVIENT, as applicable, the balance based on the said adjustment. Any amounts owing by SAVIENT to NOF pursuant to this provision shall be remitted within [**] days of the SAVIENT’s receipt of a reconciliation statement which sets forth in specific detail the amounts purchased by SAVIENT during the Year in question; any credits owing by NOF to SAVIENT shall be applied to [**]. Provided, however, that SAVIENT shall pay to NOF only such amount as corresponds with the amount of Activated PEG which is actually delivered to SAVIENT or SAVIENT’S designee pursuant to the terms of this Agreement.

  • TIPS Pricing Vendor agrees and understands that for each TIPS Contract that it holds, Vendor submitted, agreed to, and received TIPS’ approval for specific pricing, discounts, and other pricing terms and incentives which make up Vendor’s TIPS Pricing for that TIPS Contract (“TIPS Pricing”). Vendor confirms that Vendor will not add the TIPS Administration Fee as a charge or line-item in a TIPS Sale. Vendor hereby certifies that Vendor shall only offer goods and services through this TIPS Contract if those goods and services are included in or added to Vendor’s TIPS Pricing and approved by TIPS. TIPS reserves the right to review Vendor’s pricing update requests as specifically as line-item by line-item to determine compliance. However, Vendor contractually agrees that all submitted pricing updates shall be within the original terms of the Vendor’s TIPS Pricing (scope, proposed discounts, price increase limitations, and other pricing terms and incentives originally proposed by Vendor) such that TIPS may accept Vendors price increase requests as submitted without additional vetting at TIPS discretion. Any pricing quoted by Vendor to a TIPS Member or on a TIPS Quote shall never exceed Vendor’s TIPS Pricing for any good or service offered through TIPS. TIPS Pricing price increases and modifications, if permitted, will be honored according to the terms of the solicitation and Vendor’s proposal, incorporated herein by reference.

  • Product Pricing Contract Prices are the sum of annual Base Prices and Quarterly fuel surcharges, as detailed below. Pricing for shipments each month should be based on the Contract Prices for the most recent quarter.

  • Purchase Order Pricing/Product Deviation If a deviation of pricing/product on a Purchase Order or contract modification occurs between the Vendor and the TIPS Member, TIPS must be notified within five (5) business days of receipt of change order. TIPS reserves the right to terminate this agreement for cause or no cause for convenience with a thirty (30) days prior written notice. Termination for convenience is conditionally required under Federal Regulations 2 CFR part 200 if the customer is using federal funds for the procurement. All purchase orders presented to the Vendor, but not fulfilled by the Vendor, by a TIPS Member prior to the actual termination of this agreement shall be honored at the option of the TIPS Member. The awarded Vendor may terminate the agreement with ninety (90) days prior written notice to TIPS ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇. The vendor will be paid for goods and services delivered prior to the termination provided that the goods and services were delivered in accordance with the terms and conditions of the terminated agreement. This termination clause does not affect the sales agreements executed by the Vendor and the TIPS Member customer pursuant to this agreement. TIPS Members may negotiate a termination for convenience clause that meets the needs of the transaction based on applicable factors, such as funding sources or other needs. Usually, purchase orders or their equal are issued by participating TIPS Member to the awarded vendor and should indicate on the order that the purchase is per the applicable TIPS Agreement Number. Orders are typically emailed to TIPS at ▇▇▇▇▇▇@▇▇▇▇-▇▇▇.▇▇▇. • Awarded Vendor delivers goods/services directly to the participating member. • Awarded Vendor invoices the participating TIPS Member directly. • Awarded Vendor receives payment directly from the participating member. • Fees are due to TIPS upon payment by the Member to the Vendor. Vendor agrees to pay the participation fee to TIPS for all Agreement sales upon receipt of payment including partial payment, from the Member Entity or as otherwise agreed by TIPS in writing and signed by an authorized signatory of TIPS.

  • Unit Pricing If required by the Bid Specifications, the Bidder should insert the price per unit specified and the price extensions in decimals, not to exceed four places for each item unless otherwise specified, in the Bid. In the event of a discrepancy between the unit price and the extension, the unit price shall govern unless, in the sole judgment of the Commissioner, such unit pricing is obviously erroneous.