Pricing Slider definition

Pricing Slider is a pricing adjustment mechanism expressed in EUR or GBP per gCO2-eq/MJ as specified in Part A of the Agreement (if applicable). The price is subject to the sliding adjustment mechanism: for each gCO2-eq/MJ lower than the carbon intensity (gCO2-eq/MJ) specified in Part A of the Agreement, the price shall be increased by the Pricing Slider. For each gCO2-eq/MJ higher than the carbon intensity (gCO2-eq/MJ) specified in Part A of the Agreement, the price shall decrease by the Pricing Slider.

Related to Pricing Slider

  • Firm price means the price that is only subject to adjustments in accordance with the actual increase or decrease resulting from the change, imposition, or abolition of customs or excise duty and any other duty, levy, or tax, which, in terms of the law or regulation, is binding on the contractor and demonstrably has an influence on the price of any supplies, or the rendering costs of any service, for the execution of the contract;

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • RFP means Request for Proposal.

  • Manufacturer means the person or body who is responsible to the approval authority for all aspects of the type approval process and for ensuring conformity of production. It is not essential that the person or body is directly involved in all stage of the construction of the vehicle, system, component or separate technical unit which is the subject of the approval process.

  • The Contract Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.