Bottom Price definition

Bottom Price shall have the meaning set forth in Section 7.2.

Examples of Bottom Price in a sentence

  • Notwithstanding any other provision of this Agreement, or of any Related Agreements between the Parties hereto, the Tentative Formula Price and Final Formula Price for Finished Product set forth in Sections 5.3.1 and 5.3.2 hereof shall in no event be lower than the Bottom Price.

  • Until such conditions are satisfied, ▇▇▇▇▇▇ ▇▇▇▇▇ shall continue to supply Finished Product to NOVACEA at [*] percent ([*]%) of the Bottom Price.

  • If at any time the ▇▇▇▇▇▇ ▇▇▇▇▇ Formula Price is lower than the Bottom Price, the Parties, directly or through the JCC, shall consult to discuss the commercial viability of continued supply by ▇▇▇▇▇▇ ▇▇▇▇▇.

  • Notwithstanding the above, the transfer price to be paid by Cypress to ▇▇▇▇▇▇ ▇▇▇▇▇ for API shall under no circumstances be less than [...***...] per kilogram of API (the "Bottom Price").

  • However, we have discretion to set the Strike Price below the Bidding clearing price but at or above the Bottom Price indicated in the Bidding announcement.

  • Improvements will be supplied by ▇▇▇▇▇▇ ▇▇▇▇▇ to NOVACEA at mutually acceptable supply terms, negotiated by the Parties in good faith; provided, however, that if such Improvement includes Compound or a softgel capsule containing Compound, then the invoice price of such elements per milligram of Compound shall not be lower than the Bottom Price.

  • Within sixty (60) days after such notice, ▇▇▇▇▇▇ ▇▇▇▇▇ will either confirm that it will supply the Finished Product at the Formula Price applicable thereto or notify NOVACEA that it will supply Finished Product at the Bottom Price, and give notice of the Bottom Price, because such Formula Price is lower than Bottom Price.

Related to Bottom Price

  • Maximum Price means an amount (excluding related brokerage, commission, applicable goods and services tax, stamp duties, clearance fees and other related expenses) which may be paid for an ordinary share purchased or acquired by us pursuant to the mandate contained in paragraph (a) above, not exceeding, in the case of a market purchase of an ordinary share, the highest independent bid or the last independent transaction price, whichever is higher, of our ordinary shares quoted or reported on the NASDAQ Global Select Market or the securities exchange operated by JSE Limited (the “JSE”), as the case may be, or shall not exceed any volume weighted average price, or other price determined under any pricing mechanism, in compliance with the requirements under Rule 10b-18 under the Exchange Act, at the time the purchase is effected; and

  • Minimum Price shall have the meaning specified in Section 7.1(d).

  • Firm price means the price that is only subject to adjustments in accordance with the actual increase or decrease resulting from the change, imposition, or abolition of customs or excise duty and any other duty, levy, or tax, which, in terms of the law or regulation, is binding on the contractor and demonstrably has an influence on the price of any supplies, or the rendering costs of any service, for the execution of the contract;

  • Cost price means the actual cost of an item or article of tangible personal property computed in the

  • Guaranteed Maximum Price or “GMP” means the amount proposed by Contractor and accepted by Owner as the maximum cost to Owner for construction of the Project in accordance with this Agreement. The GMP includes Contractor’s Construction Phase Fee, the General Conditions Cost, the Cost of the Work, and Contractor’s Contingency amount.