Target Price definition

Target Price means the estimated amount payable to the Contractor for the performance of the Work under a Cost Plus Fixed Fee (CPFF) Contract.

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Target Price means the estimated amount payable to the Contractor for the performance of the Work under a Cost Plus Fixed Fee (CPFF) Contract. This term is not relevant for contracts that are not Cost Plus Fixed Fee (CPFF) Contracts.

Target Price means 125% of the Company’s Beginning Average Stock Price.

Examples of Target Price in a sentence

Owner may request that Contractor provide written information (prior to the issuance of a request for change) regarding the effect of a contemplated change on (a) the Work or the requirements set forth in Exhibit A, (b) the Target Price, (c) the Project Schedule, (d) the Critical Path, (e) any Applicable Deadline or Schedule Milestone Completion Date, if applicable, (f) the Demonstration Tests or Performance Tests, or (g) any right, liability or obligation of Contractor hereunder.
Contractor expressly waives any claims for any increase in the Target Price or adjustment to the Project Schedule in connection with the Job Site Conditions.
The Payment Bond shall have a face amount equal to a variable percentage of the initial Target Price, as follows: (i) as of the Notice to Proceed Date, the face amount of the Payment Bond shall be equal to [***] of the then-current Target Price; (ii) on the LPS6 Substantial Completion Date, the face amount of the Payment Bond shall be decreased to be equal to [***] of the then-current Target Price.
Notwithstanding anything to the contrary contained herein, Contractor shall not be entitled to any adjustment to the Target Price in respect of demobilization and/or remobilization required as a result of any Force Majeure Event.
In the event the Target Price is increased or decreased by one or more Change Orders or otherwise in an aggregate amount equal to or greater than [***] in accordance with the terms of this Agreement prior to the Facility Substantial Completion Date, Contractor shall increase or decrease the amount of the Performance Bond to reflect the corresponding increase or decrease in the Target Price by [***] of such increase or decrease, within [***] Business Days of such increase or decrease in the Target Price.

More Definitions of Target Price

Target Price has the meaning set forth in Section 6.1.1.

Target Price is an amount equal to [***], the principal components of which are more fully described in Exhibit B-2, as may be adjusted from time to time pursuant to a Change Order, to be paid pursuant to Section 6.3.

Target Price means, with respect to any Purchased Asset as of any date, the amount (expressed in dollars) obtained by multiplying (i) the Market Value of such Purchased Asset as of such date by (ii) the then-applicable Maximum Advance Rate for such Purchased Asset.

Target Price means the short-run break-even point for each of 4 categories of annual production. Target prices are determined in accordance with subsection 3. [PL 2009, c. 467, §2 (AMD).]

Target Price means $2.90. In each case, upon each occurrence of an event specified in Section 301(j), such amount, as it may have been previously adjusted, shall be adjusted pursuant to Section 301(j).

Target Price has the meaning set forth in Section 4.05.

Target Price means the average closing sale price of the Company’s common stock for any ten (10) consecutive trading days. “Termination Date” means the effective date of the Executive’s termination of employment with the Company.