Capped price contract definition

Capped price contract means an agreement where the cost to the consumer of heating oil or propane may not increase above a specified price per gallon and the consumer may pay less than the specified price under circumstances specified in such contract;

Related to Capped price contract

  • Fixed price contract means a contract that provides a price, for each

  • Fixed price contract with price adjustment means a fixed price contract that

  • Fixed Price means the fixed prices for ancillary Services as may be agreed by the Parties and set out in the SOW; FOIA means the Freedom of Information ▇▇▇ ▇▇▇▇ and any subordinate legislation made under that Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner or relevant government department in relation to such legislation;

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.