OLD PRICE shall have the meaning specified in Section 2.6.
OLD PRICE means the price charged by FHPC to its wholesale customers for Products immediately preceding the institution of a New Price.
Examples of OLD PRICE in a sentence
The legislature's tariff ruling which was handed down on May 15th, 1986, has made it possible for our company to reduce our list price for Egyptian cotton.Effective as of June 1, 1986, all full orders received for six week delivery will be billed as follows: STOCK OLD PRICE NEW PRICE #0134 $57.00 $51.30#0135 $53.00 $47.70#0136 $49.00 $44.10 We are very pleased to be able to pass this savings directly on to you.
The price list as set forth in Exhibit A (the "OLD PRICE LIST") to the Original Agreement shall continue to apply to all Company Products shipped by the Company to any of Sonus-USA, Inc.
PRICE PRICE -10% OLD PRICE --------------------------------------------------------------------------------------------- 11I00 (Adult 7 oz.
AND 16 ONE GOOD REASON FOR THAT IS, SOME CITIES THAT, LAND IS SOLD FOR OLD PRICE, 17 THAT THERE IS LITTLE CHANCE OF LOW INCOME HOUSING BEING BUILT.
More Definitions of OLD PRICE
OLD PRICE x “Price Escalation Rate” = New Price (rounded up to the nearest %) Calculation: 119.9 ÷ 117.9 = 1.0169 which equates to a Price Escalation Rate of 1.69% $50.00 (unit price) x 1.0169 = $50.85 (New unit price for this product) Feb 2013 is the second year anniversary of this contract Old PPI: Jan 2012 PPI for Mail Equipment = 119.9 New PPI: Jan 2013 PPI for Mail Equipment = 116.4
OLD PRICE x “Price Escalation Rate” = New Price (rounded up to the nearest %) Calculation: 116.4 ÷ 119.9 = -3.5 which equates to a Price De- Escalation Rate of 3.5% $50.85 (unit price 2012) x -3.5 = $49.07 (New unit price for 2013)
OLD PRICE x “Price Escalation Rate” = New Price Calculation:
OLD PRICE x “Price Escalation Rate” = New Price The last published non-preliminary monthly value of the Producer Price Index prior to award of the contract will be the reference date for the beginning (old) PPI Index. The most recent published Producer Price Index prior to the contract year to be priced will establish the reference data for the New PPI Index. Increases claimed by the Contractor in accordance with this formula must be documented by the Contractor to the Department’s satisfaction at least 30 calendar days prior to the requested effective date of the increase. The Department may require a decrease by the amount of the PPI decrease from the last PPI published prior to award of the contract and during any renewal period. The price escalation / de-escalation formula will be tied to the change in the Industry Producer Price Index (PPI) for Product: Cover & text papers & misc. uncoated freesheet (Series: WPU09130144). The formula is calculated by dividing the New PPI Index by the Old PPI Index to identify the Price Escalation Rate. The Old Price is multiplied by the Price Escalation Rate to determine the New Price. This formula applies after Year 1 of the contract and on each subsequent anniversary of the contract effective date. The maximum price escalation for a given year will be 5% per year. Exceptions can be considered with appropriate manufacturer's or wholesaler's documentation, subject to Department approval. Submittal of pricing adjustment requests does not imply approval or acceptance. The department is not obligated to accept pricing adjustment requests and reserves the right to accept or reject requests in part or in whole. Price Escalation Example: Year 1 Pricing per Carton = $22.00 April 2003 is the first year anniversary of the contract Old PPI: April 2002 PPI for Commercial Printing = 143.4 New PPI: April 2003 PPI for Commercial Printing = 145.8 Price Escalation / De-escalation Formula: New PPI / Old PPI = Price Escalation Rate
OLD PRICE x “Price Escalation Rate” = New Price Calculation: 143.4/148.4 = .9663 (rounded) Price Escalation Rate $22.00 x .9663 = $21.26 New Price Year 2 New Pricing per Carton = $21.26 Therefore, the factor to adjust prices for the items would be – 3.37% (neg.) for Year 2. Data extracted on: February 19, 2010 (2:05:52 PM) Details on how this PPI has historically performed can be found at the Bureau of Labor Statistics web site: Bureau of Labor Statistics Data Click the Data Bases & Tables TAB. Under the Producer Price Index PPI Commodity Data -- Seasonal (Screen 1 of 4), Check Not Seasonally Adjusted Box and click the “Next form” button. Under the PPI Commodity Data -- Group (Screen 2 of 4), Choose Group: 09 Pulp, Paper, and Allied Products and click the “Next form” button. Under the PPI Commodity Data -- Item (Screen 3 of 4), Choose Group: 091501 sanitary paper products, including stock and click the “Next form” button. In this screen, PPI Commodity Data -- Year (Screen 4 of 4), your query has been narrowed to 1 series: WPU09150123 so now click the “Retrieve data” button. The current Table may be seen below. Producer Price Index-Commodities Original Data Value Series Id: WPU09150123 Not Seasonally Adjusted Group: Pulp, paper, and allied products Item: Sanitary paper products, including stock Base Date: 199912 Years: 2001 to 2011 Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual 2001 100.8 101.1 101.2 101.6 101.7 102.6 102.0 101.6 103.1 103.3 103.1 104.4 102.2 2002 103.2 102.3 102.2 104.7 103.1 103.8 103.3 103.9 103.9 103.2 104.8 104.8 103.6 2003 104.9 104.6 104.4 104.4 104.5 104.3 104.2 104.3 104.4 104.4 104.4 104.3 104.4 2004 101.9 102.0 101.9 101.8 102.8 102.7 103.5 103.3 103.6 103.7 104.6 104.8 103.0 2005 104.9 106.3 106.9 107.2 107.2 107.2 107.2 107.9 107.8 108.0 108.4 108.2 107.3 2006 108.7 111.3 111.3 111.4 111.8 111.8 111.2 111.1 111.2 111.1 111.1 111.2 111.1 2007 111.4 111.5 111.3 111.4 111.4 112.7 112.7 113.2 112.6 112.9 113.3 113.3 112.3 2008 113.2 115.7 116.2 117.4 117.3 116.8 118.2 120.3 121.4 123.5 124.0 124.3 119.0 2009 124.2 124.4 124.6 124.8 124.7 124.1 124.0 124.7 124.2 124.4 126.1 125.8 124.7 2010 125.8 125.7 125.8 125.7 126.4 126.4 126.7 124.6 126.7 126.6 126.6 126.7 126.2 2011 127.0 126.8 126.8 126.8 Balance-of-Line Price/Products Responsible Respondents must offer a discount from the Contractors published price list for the balance of line items including but not limited to other kitchen service and preparation items such as napkins,...
OLD PRICE means the price charged by Ligand to its wholesale customers immediately preceding the institution of a New Price.
OLD PRICE means the price calculated under Section 10.1 and related provisions of the LSA.