Product Price definition
Examples of Product Price in a sentence
The Daily Value and the Monthly Product Price in respect of the Asphalt Product Group shall be the sum of (i) the NYMEX WTI Index Amount (as applicable) plus (ii) the Asphalt Price (which, for the avoidance of doubt, shall be subject to the periodic price adjustment in accordance with Section 8.6).
In the event the Route 6 Product Price is increased by more than [***] from the Route 6 Product Price set forth in Exhibit D, excluding any increase attributable to any inflation Price Adjustments as defined in the ‘Product Price Adjustment’ section of Exhibit D, Purchaser shall have the right to renegotiate the Purchaser’s Minimum Take or Pay Obligation to an allocation lower than [***] of Purchaser’s and its Affiliates’ annual global demand of Product from Route 6.
Route 6 Product Price and quantity tier levels set forth in Exhibit D are contingent on completion of a scale-up campaign (i.e. SOW 8) and will be amended as agreed by the Parties.
The Product Price specified in this Agreement excludes any sales, use, excise, or similar taxes, and of any export and import duties, which may be levied as a result of the manufacture and shipment of the Product.