Average Wholesale Price Sample Clauses

Average Wholesale Price. (AWP): means the current average wholesale price of the dispensed medication as defined in the latest edition published by Medispan or any other relevant reference source designated by GUIDANTRX. The parties acknowledge that AWP is a list price only and does not reflect discounts, fees or other amounts provided to wholesalers or others which may affect such entities’ actual acquisition cost.
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Average Wholesale Price. The Average Wholesale Price (AWP) means the price for a prescription medication provided to an HNI Member that is established, no less than monthly, by Medispan or by such other national drug database as HNI may designate.
Sample 1
Average Wholesale Price. “AWP” as used herein means the current Average Wholesale Price as listed in print or electronically by First Data Bank Medispan, Red Book, or other nationally recognized pricing source determined by Medco Health based on the package size dispensed. Compounded Prescription: A compounded prescription is an extemporaneous preparation which contains two or more solid, semi-solid, or liquid ingredients, one of which is a Federal Legend Drug, that are weighed or measured, then prepared according to the prescriber’s order and the pharmacist’s art. Note: Reconstitution of an oral antibiotic is not considered a compounded prescription.
Sample 1
Average Wholesale Price or AWP means the average wholesale price of a prescription drug as identified by drug pricing services such as Medi-Span or other source recognized in the retail prescription drug industry selected by ESI (the “Pricing Source”). The applicable AWP shall be the 11-digit NDC for the product on the date dispensed, and for prescriptions filled in (a) Participating Pharmacies and ESI Specialty Pharmacy will be the AWP for the package size from which the prescription drug was dispensed, and (b) in the Mail Service Pharmacy the AWP for the smaller of: (i) the NDC code for the package size from which the prescription drug was dispensed, or (ii) package sizes of 100 units or 16 ounce quantities, or the next larger quantity if such specified quantities are not available. If the Pricing Source discontinues the reporting of AWP or materially changes the manner in which AWP is calculated, then ESI reserves the right to make an equitable adjustment as necessary to maintain the parties’ relative economics and the pricing intent of this Agreement.
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Average Wholesale Price or AWP shall mean the Blue Book Average Wholesale Unit Price as of the last day of a Contract Quarter published in the National Drug Data File by First Data Bank, Inc.
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Average Wholesale Price. AWP Average of list prices charged by wholesalers to pharmacies. Bank Identification Number BIN Bank Identification Number is the identifier number for the payer. Beneficiary Another term for member: An individual eligible and enrolled in one or more State benefit plans. Blue Book A database of drugs that is updated weekly by First DataBank (FDB). xxxx://xxx.xxxxxxxxxxxxx.xxx Brand Name Proprietary or trade name selected by the manufacturer and placed upon a drug, its container, label, or wrapping at the time of packaging. Business Intelligence BI The process or capability of gathering information in the field of business; the process of turning data into information and then into knowledge.
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Average Wholesale Price. The current average wholesale price of a prescription drug listed in the Medi-Span weekly price updates (or any other similar publication designated by Company) on the day that Pharmacy submits a claim for adjudication.
Sample 1
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Average Wholesale Price. (AWP) Price for a Pharmaceutical Product as provided in the First DataBank or MediSpan price file and updated no less than twice monthly.
Sample 1

Related to Average Wholesale Price

  • Sale Price (a) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Purchase Price for the CEF Assets sold and transferred by such Seller to the Purchaser on the Closing Date. The CEF Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.

  • Closing Price Closing Price shall mean the last reported market price for one share of Common Stock, regular way, on the New York Stock Exchange (or any successor exchange or stock market on which such last reported market price is reported) on the day in question. If the exchange is closed on the day on which the Closing Price is to be determined or if there were no sales reported on such date, the Closing Price shall be computed as of the last date preceding such date on which the exchange was open and a sale was reported.

  • Resale Prices Nothing contained herein shall be deemed to limit in any way the right of ViewRay to determine the prices at which, or the terms on which, the Products purchased by ViewRay may be resold by ViewRay as part of ViewRay products or services.

  • Market Value Adjustment 16 3.07 Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Current Market Price The term "Current Market Price" shall mean (i) if the Company’s common shares are traded in the over-the-counter market or on the National Association of Securities Dealers, Inc. Automated Quotations System ("NASDAQ"), the average per Share closing bid price on the 20 consecutive trading days immediately preceding the date of exercise or date of call by the Company, as reported by NASDAQ or an equivalent generally accepted reporting service, or (ii) if the Shares are traded on a national securities exchange, the average for the 20 consecutive trading days immediately preceding the exercise date or the date of call by the Company of the daily per Share closing prices on the principal stock exchange on which the Shares are listed, as the case may be. The closing price referred to in clause (ii) above shall be the last reported sales price or, if no such reported sale takes place on such day, the average of the reported closing bid and asked prices, in either case on the national securities exchange on which the Shares are then listed.

  • Market Price as of any date, (i) means the average of the last reported sale prices for the shares of Common Stock on the OTCBB for the five (5) Trading Days immediately preceding such date as reported by Bloomberg, or (ii) if the OTCBB is not the principal trading market for the shares of Common Stock, the average of the last reported sale prices on the principal trading market for the Common Stock during the same period as reported by Bloomberg, or (iii) if market value cannot be calculated as of such date on any of the foregoing bases, the Market Price shall be the fair market value as reasonably determined in good faith by (a) the Board of Directors of the Company or, at the option of a majority-in-interest of the holders of the outstanding Warrants by (b) an independent investment bank of nationally recognized standing in the valuation of businesses similar to the business of the corporation. The manner of determining the Market Price of the Common Stock set forth in the foregoing definition shall apply with respect to any other security in respect of which a determination as to market value must be made hereunder.

  • Price If pricing is not stated on this Order or in an executed procurement agreement, then Supplier’s pricing shall not exceed the lowest prices charged by Supplier to other similarly situated customers. Except as otherwise provided in this Order, such prices are inclusive of applicable value added tax and other similar taxes (collectively “VAT”), freight charges and duties.

  • Current Per Share Market Value For the purpose of any computation hereunder, the “Current Per Share Market Value” of any security (a “Security” for the purpose of this Section 11.4.1) on any date shall be deemed to be the average of the daily closing prices per share of such Security for the thirty (30) consecutive Trading Days (as such term is hereinafter defined) immediately prior to such date; provided, however, that in the event that the current per share market price of the Security is determined during any period following the announcement by the issuer of such Security of (i) a dividend or distribution on such Security payable in shares of such Security or securities convertible into such shares or (ii) any subdivision, combination or reclassification of such Security, and prior to the expiration of

  • Applicable Price (a) Share purchase payments and redemption orders that result from purchase payments, premium payments, surrenders and other transactions under Contracts (collectively, "Contract transactions") and that LIFE COMPANY receives prior to the close of regular trading on the New York Stock Exchange on a Business Day will be executed at the net asset values of the appropriate Funds next computed after receipt by AVIF or its designated agent of the orders. For purposes of this Section 2.3(a), LIFE COMPANY shall be the designated agent of AVIF for receipt of orders relating to Contract transactions on each Business Day and receipt by such designated agent shall constitute receipt by AVIF; provided that AVIF receives notice of such orders by 9:00 a.m. Central Time on the next following Business Day or such later time as computed in accordance with Section 2.1(b) hereof.

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