Start Price definition
Examples of Start Price in a sentence
Buyer is not obligated to pay the Start Price for unsuccessful starts or for starts not requested by Buyer.
Buyer shall pay Seller a Monthly Start Payment or “MSP” equal to the product of the Start Price (“SP”) of $1,000.00 per successful start of the Unit times the number of successful starts of the Unit in the month in response to a start request from Buyer.
Start-up Payment Buyer shall pay Seller a Monthly Start Payment or “MSP” equal to the product of the Start Price (“SP”) of $1,000.00 per successful start of the Unit times the number of successful starts of the Unit in the month in response to a start request from Buyer.
Upon the expiry of the first agreement period, this agreement shall be automatically extended another three years on the condition that both Parties meet the requirements of an associated transaction specified by Chapter 14A of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited, except that either Party may notify the other Party of the termination of this Agreement three months prior to the expiry date.
It can be a fixed amount or percentage of Start Price (CAP Price) or both.