Preferential Price definition

Preferential Price means the lowest export market parity price for the Company (FOB Chilean Port) that will be fixed on a monthly basis for technical grade Lithium Carbonate, battery grade, technical grade Lithium Hydroxide, battery grade and will correspond in each case to the weighted average FOB price calculated on the 20% lowest price of the volume exported by the Company in the last 6 months available, and will be in effect for the following month.
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Preferential Price means a price for a Product set by B&G which shall be fifteen percent (15%) less than B&G’s published average wholesale selling price but in no event more than any price charged to a Retail Channel.
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Preferential Price means the lowest parity export market price of SQM Salar S.A. (FOB Chilean Port) which shall be determined on a monthly basis for Lithium Carbonate technical grade, battery grade; Lithium Hydroxide, technical grade, battery grade, and, in each case, it shall correspond to the weighted average FOB price, computed over the lowest twenty percent (20%) prices exported by SQM SALAR S.A. of the last six months, which will be in force for the purchases of the Lithium Products purchased by the Specialized Producer for the following month.
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Examples of Preferential Price in a sentence

  • It shall be understood that the Company does not comply or partially complies with the Most Favorable Price Obligation, if at any time during the term of the agreement, it unjustifiably refuses to sell lithium products at the Preferential Price to the Specialized Producer, or unjustifiably sells to the Specialized Producer a percentage of lithium products less than that designated as subject to the Most Favorable Price Obligation.

  • For these purposes, the Preferential Price will be defined after CORFO communicates who these Specialized Producers are, and will consider the specifications and categories of the products and their volumes.

  • The Company shall identify and reclassify current exports of lithium products into battery grade lithium carbonate, technical grade lithium carbonate, battery grade lithium hydroxide, technical grade lithium hydroxide and other lithium products in order to facilitate the calculation of the Preferential Price.

  • The price for any Product shall be the Preferential Price, as defined herein.