Price revision definition

Price revision means any change in the contract price that is made necessary by factors which are external, non-technical, and beyond the control of the Contracting Authority and the Contractor, and which takes account of changes in the prices of significant elements of the costs incurred by the Contractor, such as the fees.
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Price revision. The prices of this contract have been calculated based on the price of fuel for the propulsion of the ship or other sources of energy, duties, taxes and fees on the services included in the travel package, exchange rates relevant to the travel package in force on June 1, 2024. Any change in the aforementioned quote may be passed on to the client up to 20 days before departure, in accordance with clause 4.2, 4.3, 4.4 and 4.5 of the General Conditions. Place and term of payment: according to the Organizer's instructions, within the terms of clause 3 of the General Conditions. The ticket and, where applicable, the vouchers CORRESPONDING to the other agreed services, which constitute the legitimizing titles for access on board the ship and to obtain the provision of the aforementioned contracted services, as well as the rest of the definitive documentation of the trip, will be delivered to the Traveler once the total balance of the price has been paid.
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Examples of Price revision in a sentence

  • Price revision shall be carried out on the basis of changes in the MUICP harmonised index of consumer prices, published every month by the Statistical Office of the European Union.

  • Price revision does not apply for this agreement and any renewal of this agreement.

  • Price revision for further quantities of the Product shall be in accordance with a formula agreed between Daniamant and the Supplier.

  • Price revision adjustments of fixed prices to take account of changed economic conditions shall be made by applying the relevant price revision provisions contained in Appendix A.

  • The Subcontractor will but be entitled to the reimbursement of executed works, excluding any Price revision or compensation for loss of profit.

  • Price revision will be formalised through an amendment to the contract.

  • Table of content 4 I Special Conditions 7 I.1. Order of priority of provisions 7 I.2. Subject matter 7 I.3. Entry into force and duration 7 I.4. Price 7 I.4.1. Price of the contract and maximum amount 7 I.4.2. Price revision index 7 I.5. Payment arrangements 8 I.5.1. Pre-financing 8 I.5.2. Interim payment 8 I.5.3. Payment of the balance 8 I.6. Guarantees 9 I.6.1. Performance guarantee 9 I.6.2. Retention money guarantee 9 I.7. Bank account 9 I.8. Communication details 9 I.9. data controller 10 I.10.

  • If Novartis China and CBMG China are unable to agree on a Product Price revision on or before [***] of the relevant Calendar Year, Novartis China and CBMG China agree that the Product Price for the following Calendar Year will remain as per the previous Calendar Year.

  • In order for the Price revision to be effective, Bluespace will send the Customer a written notification at least two weeks in advance, in which: - Bluespace will set out the Revised Price and the date from which it will be applied, - the Customer will be advised that in the event that they do not agree with the Revised Price, they must notify Bluespace prior to the effective date of the Revised Price.

  • If the Parties agree to proceed with such amendment and the Customer accepts a proposed Price revision, then: the Parties shall memorialise the amendment in writing (and where the amendment is to [***] shall provide ▇▇▇▇▇▇▇ with originally executed copies of such revised [***]), ▇▇▇▇▇▇▇ shall implement the proposed amendment on the agreed timeframe, and the revised Prices shall apply only to Products that are Manufactured under the amended [***], as applicable.