Fixed Price Component definition

Fixed Price Component means the sum stated in Schedule Item 1 (a) of the Contract Price being the sum for which the Contractor must supply, in accordance with this Contract, everything necessary for the proper completion of the Works, other than the allowances (if any) for Prime Cost Items or Provisional Sums.

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Fixed Price Component has the meaning set forth in Section 3.1(b)(i).

Fixed Price Component means the sum stated in Schedule Item 1(a) of the Contract Price being the sum for which the Contractor must supply, in accordance with this Contract, everything necessary for the proper completion of the Contract Work other than the allowances (if any) for Prime Cost Items or Provisional Sums.

Examples of Fixed Price Component in a sentence

Accordingly, the Fixed Price Component shall be adjusted (increased or decreased) based upon the Weighted Average moisture content of the Coals comprising each Coal Blend for the applicable Month.
The Fixed Price Component of the Monthly Contract Payment shall be the amount in the following table for the year in which the payment is being calculated.
In the event of such a repeal, the adjustment to the Fixed Price Component (the “Adjusted Fixed Price Component”), as of the effective date and the remaining portion of the Year during which such effective date transpires, and as respects the applicable remaining Years of the Term following such Year (collectively, the “Adjustment Period”), is set forth in Schedule 3.1(b)(ii).
Conversely, if the actual Weighted Average moisture content of such Coal Blend Tonnage is less than *****%, then for each *****% increment thereof less than *****%, the Fixed Price Component shall be correspondingly reduced by *****%.
Conversely, and by way of example, if the actual Weighted Average moisture content of the Coal Blend is *****%, then such Adjusted Fixed Price Component is $***** (namely, the sum of (i) Fixed Price Component minus the (ii) product of the Fixed Price Component multiplied by *****%).
Accordingly, if the actual Weighted Average moisture content of such Coal Blend Tonnage exceeds *****%, then for each *****% increment thereof in excess of *****%, the Fixed Price Component shall be correspondingly increased by *****%.
By way of example, if the actual Weighted Average moisture content of the Coal Blend is *****%, then such adjusted Fixed Price Component (the “Adjusted Fixed Price Component”) is $***** (namely, the sum of the (i) Fixed Price Component plus the (ii) product of the Fixed Price Component multiplied by *****%).
Accordingly, the Parties acknowledge that such Interconnection Costs have not been incorporated into the Fixed Price Component.
The Fixed Price Component for all ▇▇▇ Periods shall be the amount in the following table for the year of the Term Start Date.
During the Initial Operating Period and the Initial Year, the Coke Price is the sum of (w) the Fixed Price Component, (x) the O&M Component set forth in Section 3.1(e)(i), (y) the Insurance Component, and (z) the Coal Cost Component, During each Contract Year, the Coke Price is the sum of (A) the Fixed Price Component, (B) subject to Section 3.1(c)(x), the O&M Component as determined in accordance with Sections 3.1(c)(ii-ix), (C) the Insurance Component, and (D) the Coal Cost Component.

More Definitions of Fixed Price Component

Fixed Price Component means, without duplication, the “Suspension Fee” or the “Xy” component of the “CSP” in each case as defined in the KoGas FOB Sale and Purchase Agreement, the Centrica FOB Sale and Purchase Agreement, the Total FOB Sale and Purchase Agreement, the Petronas FOB Sale and Purchase Agreement and the Vitol FOB Sale and Purchase Agreement and any comparable component of the applicable pricing formula in any Approved Train 6 FOB Sale and Purchase Agreement that contains a pricing formula that is similar or comparable to that contained in such Kogasother FOB Sale and Purchase Agreement, Centrica FOB Sale and Purchase Agreement, or Total FOB Sale and Purchase AgreementAgreements.

Fixed Price Component is set forth in Section 3.1(b). “Forecast” has the meaning set forth in Section 3.1(c)(ii).

Fixed Price Component has the meaning set forth in Section 1.04.

Fixed Price Component means, without duplication, the “Suspension Fee” or the “Xy” component of the “CSP” in each case as defined in the KoGas FOB Sale and Purchase Agreement, the Centrica FOB Sale and Purchase Agreement, the Total FOB Sale and Purchase Agreement and any comparable component of the applicable pricing formula in any Train 6 FOB Sale and Purchase Agreement that contains a pricing formula that is similar or comparable to that contained in such Kogas FOB Sale and Purchase Agreement, Centrica FOB Sale and Purchase Agreement, or Total FOB Sale and Purchase Agreement.

Fixed Price Component means, where a Quote has been given, the amount set out at Item 4 of the Schedule;