Price Modification definition
Examples of Price Modification in a sentence
Seller shall provide prompt notice of any Commitment Modification and/or Maximum Purchase Price Modification for any Buyer to Administrative Agent and each Buyer.
Seller shall provide prompt notice of any Commitment Modification and/or Maximum Purchase Price Modification for any Buyer to G▇▇▇▇▇ M▇▇, Administrative Agent and each Buyer.
Supplier shall submit a written Request for Price Modification to FoundationCCC on company letterhead that includes sufficient details to allow FoundationCCC to evaluate the Request effectively and efficiently.
If Purchaser fails or refuses to issue or agree to a revised or supplemental Order reflecting a Price Modification, SPEAR may in its sole discretion, in addition to any other remedy it may have, cancel the Order or hold such Order until such revised or supplemental order has been issued or provided.
FoundationCCC reserves the right to modify this formal process if the need arises and will notify Vendor partners of any changes to the Formal Price Modification Protocol.
Sellers shall provide -39- prompt notice of any Commitment Modification and/or Maximum Purchase Price Modification for any Buyer to Administrative Agent and each Buyer.
Detailed below is the Formal Price Modification Protocol that has been established by FoundationCCC.
Agency will pay Contractor the fixed price per scheduled Deliverable based upon the schedule dates as indicated in the final Fixed Price Cost & Schedule form or final Fixed Price Modification Request, up to the NTE amount authorized for each scheduled Deliverable, upon Agency’s Acceptance of each scheduled Deliverable.
This Section is included as explanation of the Company and Supplier cost reduction commitments, and should not be viewed as further reductions to the price modifications as defined in Article XI (Price Modification to Achieve Model Price Per Home Passed) of this Supply Agreement.
Sellers shall provide prompt notice of any Commitment Modification and/or Maximum Purchase Price Modification for any Buyer to Administrative Agent and each Buyer.