Fixed Price Term definition

Fixed Price Term means for qualifying facilities electing to sell firm energy or firm capacity or both, the period of a power purchase agreement during which the public utility is contracted to pay the qualifying facility avoided cost rates determined either at the time of contracting or at the time of delivery.

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Fixed Price Term means the term for which the Price specified in the relevant Product Schedule at the time of signing will remain fixed, as specified in item C.3 of the relevant Product Schedule.

Fixed Price Term means the term for which the Price specified in the Product Schedule at the time of signing will remain fixed, as specified in item C.3 of the Product Schedule.

Examples of Fixed Price Term in a sentence

Such price will remain fixed for the Fixed Price Term as provided in Part C.3 of the Product Schedule.
If Buyer and Seller fail to agree upon a Market Index for Electricity or any component of Electricity at an EDP by (i) six (6) Months prior to the end of the Fixed Price Term or the Extended Fixed Price Period or (ii) at any time thereafter, Seller shall direct Buyer (by Notice to Buyer) to auction and sell thesuch Electricity available at eachthat EDP to third parties in accordance with the procedures set forth in this Section 4.4 (the “Auction Procedure”).
If a Standard Configuration or SKU within the Standard Configuration reaches the end of its EOL Fixed Price Term, Contractor reserves the right to replace it with a comparable configuration or SKU which may impact the agreed upon price.
At least 30 days, and no more than 60 days, prior to the end of the Initial Index Price Term of Initial Fixed Price Term, as applicable, Marathon will notify Customer in writing and/or by email of the switch to a variable rate methodology at which Marathon will continue to serve Customer.
Unless otherwise agreed to by Customer and Marathon, if Customer is receiving supply service under a fixed price or an index price, upon completion of the Initial Fixed Price Term or Initial Index Price Term, this Agreement will automatically continue at a variable rate methodology unless and until this Agreement is terminated by customer.
In respect of Fixed Price Sites during the Fixed Price Term, we may at any time give you not less than 30 days written notice of an increase in the prices we charge for the supply of electricity and/or gas, following which you may, within the period of 30 days following the issue of our notice issue notice to terminate the Supply Agreement and, subject to payment of any outstanding sums to us, transfer to another supplier.
In addition, if Customer terminates this Agreement prior to the end of the Initial Fixed Price Term or Initial Index Price Term, Customer shall pay Marathon all outstanding gas and/or electric supply charges and other amounts owing to Marathon as well all reasonable attorneys' fees and expenses incurred by Marathon in connection with Marathon's attempt to collect and recover same.

More Definitions of Fixed Price Term

Fixed Price Term means the term for which the price specified in Product Schedule at the time of signing will remain fixed, as pecified in Part C of Product Schedule; ‍ Hidden Defect means a damage, defect, which occurred prior to the delivery,or the Products’ non-conformance with Specifications,not detectible and not ascertained by the exercise of reasonable diligence and appropriate visual inspection of the Products or physical samples of the Products upon examination on receipt of such shipment; Intellectual Property means all patents, trademarks, utility certificates and models, inventors’ certificates, copyrights, database rights, designs, domain names, trade secrets, know-how (and all rights in know-how) and any other proprietary rights, priority rights, prior user rights, rights in Confidential Information and all other rights of a like nature in each case whether registered or unregistered and in any jurisdiction; GoodsProducts means those products manufactured by UCB for supply under this Agreement, which conform to the requirements of Quality Assurance Agreement, Product Schedule and Product Requirements Schedule (if any) agreed between the Parties, and as defined and described in more detail in a Purchase Order and a Purchase Order Confirmation; Quality Assurance Agreement (or,QAA) Quality Assurance Agreement agreed by the Parties relating to the Products, and its amendment (if any). Performance Management details of which are set out in Part E of Product Schedule Purchase Order means a purchase order for the supply of a certain quantity of GoodsProducts submitted by the Purchaser in accordance with this Agreement (as may be amended by the Purchaser following discussions with UCB) and, when final, in a form acceptable to UCB;

Fixed Price Term means March 1, 2022 through and including February 28,

Fixed Price Term means a term for which the Price will remain fixed as specified in Exhibit 1.

Fixed Price Term. : means the period during which there will be no changes to any Prices, as set out in Clause 13.5;

Fixed Price Term means the term for which the price of Product at the time of signing will remain fixed; Hidden Defect means a damage, defect, which occurred prior to the delivery, or the Product’s non-conformance with Specifications, not detectible and not ascertained by the exercise of reasonable diligence and appropriate visual inspection of the Product or physical samples of the Product upon examination on receipt of such shipment; Initial Term its meaning is set out in clause 16.01;