Representative Price definition
Examples of Representative Price in a sentence
This Agreement may be changed, waived, discharged or terminated only by a writing signed by the Seller, the Buyer's Representative, Price and the Escrow Agent.
In such case, the revenue share payable for the shortfall quantity (75% of scheduled coal production of 3 financial years less the quantity of coal on which the statutory royalty is paid in 3 financial years) shall be computed on the basis of Notional Price arrived at after adjusting the Representative Price with sub-index of National Coal Index of the relevant basket of coal grade(s) for the relevant block of 3 financial years.
For the purpose of calculation of Performance Security, Representative Price after adjustment with latest available sub-index of National Coal Index of the relevant basket of coal grade(s) shall be considered.
Notional Price shall mean the price arrived at after adjusting the Representative Price with sub-index of National Coal Index of the relevant basket of coal grade(s) on the date on which royalty becomes payable.
The Upfront Amount, including the first instalment, provided in this Agreement may undergo revision pursuant to the finalisation of the provisional Representative Price.
On account of this finalisation of Representative Price, any upward or downward revision in the first instalment of the Upfront Amount shall be adjusted in the second instalment payable by the Successful Bidder to the State Government, along with revision in all the subsequent instalments.
The remaining Tables 3 and 4 within the Pricing Information Spreadsheet will automatically calculate an Overall Representative Price (ORP) which will be used for the Price Evaluation Process.
The fee guide used is called the “GreatWest Life Representative Price for Alberta Dental Fees”.
For the purpose of calculation of Performance Security, Representative Price after adjustment with latest available sub-index of National Coal Index or National Lignite Index, as applicable, of the relevant basket of coal grade(s) shall be considered.
SharperLending, as part of its business, offers mortgage technology services including those set forth in the Representative Price and Commission Schedule attached hereto as “Exhibit A" and incorporated by reference (the "SharperLending" technology) to its customers.