Fixed Price Contracts definition

Fixed Price Contracts means a type of contract which provides for a stated number of units of service, for which payment is made on a price per unit basis so that a determination of total contract price can be made.
Fixed Price Contracts means any contracts, commitments or agreements for the purchase or sale of Hydrocarbons (x) having a remaining term of more than sixty (60) days, wherein the purchase or sale price thereunder throughout part of the remaining life of such contract, commitment or agreement is a fixed amount or an amount that is otherwise reasonably determinable as of the date hereof pursuant to the terms of such contract, commitment or agreement, or (y) which has been hedged with futures contracts or otherwise; provided, however, that the term Fixed Price Contracts will not include any contract, commitment or agreement under which the purchase or sales price throughout the remaining life of the contract, commitment or agreement is based on a market responsive reference price for a Hydrocarbon.
Fixed Price Contracts fixed-price", "guaranteed maximum price", "flat rate" or similar Contracts with fixed or capped payment amounts, including all such Contracts involving a joint venture, partnership or teaming arrangement of any Seller and any other party; Foreign Sellers: Sellers incorporated, or otherwise formed or organized, and conducting business in any jurisdiction other than the United States; provided, however, that Foreign Sellers shall not include any Sellers that are eligible to be debtors under Section 109 of the Bankruptcy Code;

Examples of Fixed Price Contracts in a sentence

  • The Contractor shall subcontract with Firm Fixed Price Contracts to the maximum extent practicable.

  • Manufacturer shall manage and administer such property in accordance with the Government Property (Fixed Price Contracts) (Dec 1989) clause, FAR 52.245-2, as modified to properly reflect the parties to this Subcontract.

  • The Contractor shall subcontract with Firm Fixed Price Contracts to the maximum extent practicable.Additional instructions and an invoice template are provided in Attachment 3, Invoice/Financing Request Instructions and Contract Financial Reporting Instructions for Cost-Reimbursement Type Contracts.

  • Contractor shall furnish the following materials in sufficient quantities to enable the 2nd Subcontractor to assemble the number of smallpox vaccine kits ordered, in accordance with the Government Property (Fixed Price Contracts) (Dec 1989) clause, FAR 52.245.2, modified to properly reflect the parties, and marked to identify as the property as property of Acambis Inc.

  • Details of the contracts are as follows: Notional Fair Volumes Market (bbls/d) Term Average Price Value Sales Contracts Fixed Price Contracts NYMEX Fixed Price 23,000 2008 70.13 US$/bbl $ (188) (188) Other Financial Positions (1) (11) Total Fair Value Positions $ (199) (1) Other financial positions are part of the daily ongoing operations of the Company’s proprietary production management.


More Definitions of Fixed Price Contracts

Fixed Price Contracts means any contracts, commitments or agreements (x) having a remaining term of more than sixty (60) days, wherein the purchase or sale price thereunder throughout part of the remaining life of such contract, commitment or agreement is a fixed amount or an amount that is otherwise reasonably determinable as of the date hereof pursuant to the terms of such contract, commitment or agreement, or (y) which has been hedged with futures contracts or otherwise.
Fixed Price Contracts means contracts for the sale of ethanol entered into by Borrower pursuant to which Borrower is obligated to sell such ethanol at a fixed price.
Fixed Price Contracts means any contracts, commitments or agreements for the purchase or sale of Hydrocarbons (i) having a remaining term of more than sixty (60) days, wherein the purchase or sale price thereunder throughout part of the remaining life of such contract, commitment or agreement is a fixed amount or an amount that is otherwise reasonably determinable as of the date hereof pursuant to the terms of such contract, commitment or agreement, or (ii) which has been hedged with futures contracts or otherwise; provided, however, that the term Fixed Price Contracts will not include any contract, commitment or agreement under which the purchase or sales price throughout the remaining life of the contract, commitment or agreement is based on a market responsive reference price for a Hydrocarbon. "GOVERNMENTAL AUTHORITY" shall mean any federal, state or local governmental agency or authority (other than a Court). "HOLDING COMPANY ACT" shall mean the Public Utility Holding Company Act of 1935, as amended, and the rules and regulations promulgated thereunder. "HSR ACT" shall mean the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended, and the rules and regulations promulgated thereunder. "HYDROCARBONS" shall mean crude oil, natural gas, natural gas liquids and other hydrocarbons produced from crude oil or natural gas. "INDUSTRY" shall mean the business of purchasing, gathering, processing, treating, storing, transporting and marketing natural gas. "IRS" shall mean the Internal Revenue Service. "KNOWLEDGE OF THE COMPANY" (and any other phrase to substantially similar effect) means the actual knowledge of any of X.X. Xxxxxxxx, X.X. Xxxxxx, X.X. Xxxxx, P.A.
Fixed Price Contracts means the following contracts:
Fixed Price Contracts means pursuant to the Project Budget, the negotiated fixed price contract with the Contractors and all other fixed price contracts with respect to the Project, including without limitation, all trade contract awards, contract change orders and purchase orders, and all such fixed price contracts will represent a minimum of 65% of the construction costs and services of the Project Budget.
Fixed Price Contracts is defined in Section 3.1.19(n).
Fixed Price Contracts means any contracts, commitments or agreements for the purchase or sale of Hydrocarbons (i) having, as of the date hereof, a remaining term of two months or more, wherein the purchase or sales price thereunder throughout all or part of the life of such contract, commitment or agreement is a fixed amount or an amount that is otherwise reasonably determinable as of the date hereof pursuant to the terms of such contract, commitment or agreement, or (ii) which Gladstone has hedged with futures contracts or otherwise; provided, that the term Fixed Price Contracts will not include any contract, commitment or agreement wherein the purchase or sales price thereunder throughout all of the life of the contract, commitment or agreement is based on a market responsive reference price for a Hydrocarbon.