Variable Pricing Clause Samples

The Variable Pricing clause establishes that the price for goods or services under the agreement may fluctuate based on certain predefined factors or market conditions. Typically, this clause outlines the specific variables that can affect pricing, such as changes in raw material costs, currency exchange rates, or supply and demand dynamics, and details the mechanism for calculating and notifying parties of price adjustments. Its core practical function is to provide flexibility and fairness in pricing, ensuring that both parties can adapt to changing economic circumstances and avoid disputes over unexpected cost increases or decreases.
Variable Pricing. You understand that fees for domain registrations and renewals may vary. This means that:
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Variable Pricing. When available, each Party will permit the other Party, in its capacity as Dealer, to participate in its variable pricing options (“Variable Pricing”) to sell its Products. If a Party, acting as Dealer, participates in Variable Pricing, then the Dealer Fees shall be automatically adjusted pursuant to the other Party’s Policies and Procedures governing Variable Pricing, which Policies and Procedures will be communicated to the Dealer by such other Party prior to the Dealer participating in Variable Pricing.
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Variable Pricing. The price of PERC for individual order will be calculated as per the following formula: Price of the chemical (Rs. / unit) = BP * WPI_COPO /BPI Where, BP - Initial Baseline price of PERC (Rs. / kg) quoted by the bidder for bid evaluation. WPI_COPO - Wholesale price index, for the month for which it is available on the site, when the call-on PO is placed. BPI - Wholesale price index as in the month of opening of the priced bid Note: - The WPI for " Manufacture of chemicals and chemical products " latest available index at website Office of Economic Adviser (▇▇▇▇▇▇▇▇▇▇.▇▇▇.▇▇) should be considered.
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Variable Pricing. 1. Procurement of the ▇▇▇▇ GRADE PER CHLORO ETHYLENE 99.9%(PERC) at BPCL will be on a variable rate basis for a contract period of 3 years. 2. The price of the ▇▇▇▇ GRADE PER CHLORO ETHYLENE 99.9%(PERC) will be linked with the Wholesale Price Index (WPI) for taking care of the volatility in the prices during the contract period in order to have fair pricing for both BPCL-BR as well as bidder. 3. Bidder shall quote an initial baseline price (IBP) of Diesel Lubricity Additive, based on which the offer will be evaluated. This initial baseline price will be adjusted with a price adjustment factor linked to the wholesale price index (WPI) of “MANUFACTURE OF CHEMICALS AND CHEMICAL PRODUCTS” from the website of Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, Government of India, ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇.▇▇▇.▇▇ for individual orders. Rate Contract for supply of ▇▇▇▇ GRADE PER CHLORO ETHYLENE 99.9%(PERC) at BPCL, BR for a period of 3 years CRFQ No. 1000421257 4. The latest WPI in the month of opening of the price bid, as per the above mentioned site, will be the baseline price Index (BPI) and shall remain fixed for the entire period of the contract. 5. The price of the chemical for the individual call on PO will be calculated as per the following formula: Price of the chemical (₹ / unit) = BP * (WPI_COPO /BPI) Where: BP is the initial base price (Unit rate quoted by bidder) WPI_COPO is the wholesale price index, for the month for which it is available on the site, when the call-on PO is placed BPI is the wholesale price index in the month of opening of the priced bid Bidder shall quote an initial freight cost, based on which the offer will be evaluated. Additional charges will be paid for increase in diesel price or reduced for decrease in diesel price, in the call-on purchase order, as per the terms and conditions mentioned below: Present cost of diesel: As on the date of the priced bid opening shall be taken as the base price and will remain fixed as the base price for the entire period of the contract 1) No change in freight in the event of any increase or decrease in diesel price up to 10% of the rate of the un-branded diesel, at Bina (MP), as on the date of the priced bid opening 2) If rate of diesel goes beyond + / -10% then escalation / de-escalation will be as follows: 3) For e.g. Suppose as on the date of the priced bid opening, diesel price is Rs.100 per liter then up to 10% increase & de...
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Related to Variable Pricing

  • Variable Rate Transactions From the date hereof until such time as no Purchaser holds any of the Debentures, the Company shall be prohibited from effecting or entering into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Stock or Common Stock Equivalents (or a combination of units thereof) involving a Variable Rate Transaction. “Variable Rate Transaction” means a transaction in which the Company (i) issues or sells any debt or equity securities that are convertible into, exchangeable or exercisable for, or include the right to receive, additional shares of Common Stock either (A) at a conversion price, exercise price or exchange rate or other price that is based upon, and/or varies with, the trading prices of or quotations for the shares of Common Stock at any time after the initial issuance of such debt or equity securities or (B) with a conversion, exercise or exchange price that is subject to being reset at some future date after the initial issuance of such debt or equity security or upon the occurrence of specified or contingent events directly or indirectly related to the business of the Company or the market for the Common Stock or (ii) enters into any agreement, including, but not limited to, an equity line of credit, whereby the Company may issue securities at a future determined price. Any Purchaser shall be entitled to obtain injunctive relief against the Company to preclude any such issuance, which remedy shall be in addition to any right to collect damages.

  • Variable Rate Transaction Until none of the Warrants are outstanding, the Company and each Subsidiary shall be prohibited from effecting or entering into an agreement to effect any Subsequent Placement involving a Variable Rate Transaction. “Variable Rate Transaction” means a transaction in which the Company or any Subsidiary (i) issues or sells any Convertible Securities either (A) at a conversion, exercise or exchange rate or other price that is based upon and/or varies with the trading prices of, or quotations for, the shares of Common Stock at any time after the initial issuance of such Convertible Securities, or (B) with a conversion, exercise or exchange price that is subject to being reset at some future date after the initial issuance of such Convertible Securities or upon the occurrence of specified or contingent events directly or indirectly related to the business of the Company or the market for the Common Stock, other than pursuant to a customary “weighted average” anti-dilution provision or (ii) enters into any agreement (including, without limitation, an equity line of credit) whereby the Company or any Subsidiary may sell securities at a future determined price (other than standard and customary “preemptive” or “participation” rights). Each Buyer shall be entitled to obtain injunctive relief against the Company and its Subsidiaries to preclude any such issuance, which remedy shall be in addition to any right to collect damages.

  • Variable Rate The initial ANNUAL PERCENTAGE RATE for Purchases is a fixed promotional rate as shown on page 1 of this Agreement and will remain in effect for your first six (6) billing cycles following the opening of your account ("Initial Rate Period for Purchases"). The Daily Periodic Rate during the Initial Rate Period for Purchases is 0%. After the Initial Rate Period for Purchases, the Daily Periodic Rate for Purchases based on the Current Index and Rate Spread described below will be .0493% and the corresponding ANNUAL PERCENTAGE RATE will be 18.00%. After the Initial Rate Period for Purchases, the ANNUAL PERCENTAGE RATE for Purchases will change to the current rate shown on page 1 of this Agreement. The ANNUAL PERCENTAGE RATE for transfers of account balances you have with another creditor ("Balance Transfers") is a fixed rate as shown on page 1 of this Agreement and will be in effect for eight (8) billing cycles following the opening of your account. The Daily Periodic Rate for Balance Transfers during the eight-billing cycle period is 4.99%. The Daily Periodic Rate for Balance Transfers after the eight-billing cycle period based on the Current Index and Rate Spread described below will be .0493% and the corresponding ANNUAL PERCENTAGE RATE will be 18.00%. The ANNUAL PERCENTAGE RATE for Balance Transfers after the eight-billing cycle period will change to the current rate shown on page 1 of this Agreement. The current Daily Periodic Rate for Purchases and Balance Transfers is .0493%. The Daily Periodic Rate and the corresponding ANNUAL PERCENTAGE RATE may change (by increasing or decreasing) on the first day of each of your billing cycles that begin in March, June, September, and December. Each date on which the rate of interest could change is called a "Change Date." Changes will be based on changes in the "Index." The Index is the highest U.S. Prime Rate published in the "Money Rates" section of The Wall Street Journal on the last business day of the calendar month prior to the month in which the Change Date occurs. The most recent Index is called the “Current Index.” If the Index is no longer available, we will choose a new index based upon comparable information and will give you notice of our choice. Your interest rate for Purchases is based on a variable rate equal to the sum of the Current Index plus a "Rate Spread" of 12.99 percentage points. (The Rate Spread is also called the Margin.) Immediately before each Change Date we will determine the new interest rate for Purchases by adding the Rate Spread to the Current Index. For example, if the Current Index was 7.00% and the Rate Spread 12.99 percentage points, the ANNUAL PERCENTAGE RATE would be 18.00% and by dividing this percentage figure by 365, we would compute a Daily Periodic Rate of .0493%. The new interest rate for Purchases will become effective at the start of your first billing cycle after the Change Date. The ANNUAL PERCENTAGE RATE will not exceed the maximum rate permitted by law. The effect of any increase in the ANNUAL PERCENTAGE RATE and the Daily Periodic Rate for Purchases would be to increase the amount of interest you must pay and thus increase your monthly payments.

  • 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.

  • Subsequent Variable Rate Transactions From the date hereof until such time as the Note is fully converted or fully repaid, the Company shall be prohibited from effecting or entering into an agreement involving a Variable Rate Transaction. “Variable Rate Transaction” means a transaction in which the Company (i) issues or sells any debt or equity securities that are convertible into, exchangeable or exercisable for, or include the right to receive, additional shares of Common Stock either (A) at a conversion price, exercise price or exchange rate or other price that is based upon, and/or varies with, the trading prices of or quotations for the shares of Common Stock at any time after the initial issuance of such debt or equity securities or (B) with a conversion, exercise or exchange price that is subject to being reset at some future date after the initial issuance of such debt or equity security or upon the occurrence of specified or contingent events directly or indirectly related to the business of the Company or the market for the Common Stock or (ii) enters into any agreement, including, but not limited to, an equity line of credit, whereby the Company may issue securities at a future determined price. The Buyer shall be entitled to obtain injunctive relief against the Company to preclude any such issuance, which remedy shall be in addition to any right to collect damages.