Initial Transfer Price definition
Examples of Initial Transfer Price in a sentence
Except for the special provision in the preceding sentence relating to the portion of the invoice price for Calibration Standards or Charges per Use in excess of the Initial Transfer Price, DO shall pay all such invoices within thirty (30) days after receipt of same.
Except for the partnership interests in such subsidiaries, neither the Company nor the Subsidiary Partnership owns, directly or indirectly, any capital stock, partnership interest or other equity ownership interest in any person.
Thirty (30) days following the expiration of the first 6-Month Period following such launch of a Finished 3M Product, the Parties will calculate the Transfer Price based on the formula given below in paragraph C of Schedule One and determine whether a difference between that Transfer Price and the Initial Transfer Price exists.
Quantity For a particular Assay, the Initial Transfer Price Quantity (A) of the Raw Materials set forth on Exhibit A.
For the Raw Materials purchased for each Assay, for the Initial Transfer Price Quantity (A) (as set forth on Exhibit A) JBT will pay to Response the Initial Transfer Price (E) (as set forth on Exhibit A).
Purchaser shall notify Supplier in writing of its decision to exercise its rights under this Section 3.2(d), and the Purchaser and Supplier (i) shall thereby enter into good faith negotiations regarding the terms and conditions of such sublicense and (ii) agree to negotiate revisions to the Initial Transfer Price or the Actual Transfer Price (each as defined in Section 10 below), as the case may be, that are fair and reasonable given the reduction in packaging services provided by Supplier.
If the Transfer Price is greater than the Initial Transfer Price, 3M shall make a reconciliation payment to the RBC in the amount of the difference.
At the end of the Assay Initial Term, if for any Assay the Initial Transfer Price Quantity (A) plus Adjusted Transfer Price Quantity (B) purchased by JBT in such period is less than the Aggregate Sales Quantity (C) for the applicable Assay, then JBT will be obligated to pay to Response the Shortfall Amount.
The Initial Transfer Price for the first 6-Month Period following launch of any Finished 3M Product shall be calculated based upon the calculations outlined in paragraph C below utilizing 3M’s estimated sales and volume amounts for the first 6-Month Period following launch.
Response will monitor Raw Material sales with respect to the Initial Transfer Price Quantity and the Adjusted Transfer Price Quantity to assess whether a Shortfall Amount may be due and, if so, the magnitude of such Shortfall Amount.