Best Reasonable Price Sample Clauses

Best Reasonable Price. In the event of a local emergency pursuant to SMMC Section 2.24.120, the City may contact such Designated Individual to procure in the open market at the best reasonable price any supplies, materials, equipment, services, food, care or shelter. The Business agrees to assist the City to the best of its capacity and contingent upon the availability of the requested emergency supplies. The term “best reasonable price” shall be no greater than fair market value or fair rental value; but nothing in this MOU shall preclude the Business from offering a price less than fair market value or fair rental value at the time of disaster to assist with emergency aid, assistance or services. To establish the benchmarks of fair market value during the term of this Agreement, the Business will provide the City with price lists, customary rates, pricing sheet, pricing formula or other evidence of fair market value ("Price Lists") upon the Execution Date, and agrees to update such Price Lists from time to time.
Sample 1
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Related to Best Reasonable 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.

  • Best Value 12.1 The Council has a statutory duty to provide Best Value pursuant to the provisions of the Local Government Act 1999 which includes the need for continuous improvement in the standard of the Services and quality within financial restrictions. The Service Provider shall work with the Council to identify develop and deliver Best Value services under the terms and conditions of this Supplier Agreement within available resources.

  • Arithmetical Errors 30.1 The tender sum as submitted and read out during the tender opening shall be absolute and final and shall not be the subject of correction, adjustment or amendment in any way by any person or entity.

  • The Price 1. During the period of validity indicated in the offer, the prices of the products and/or services being offered will not be increased, except for price changes in VAT-tariffs.

  • 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.

  • BIDDING PRICE 4.1 Prior to the commencement of the auction sale, all persons or parties intending to bid for the property at the auction sale shall deposit with the Auctioneer a valid bank draft or cashier’s order drawn of MBSB for a sum equivalent to TEN Per Centum (10%) of the reserve price (“The Bidding Deposit”).

  • Market Value Market value shall be determined by the Lending Agent, where applicable, based upon the valuation policies adopted by the Client’s Board of Directors/Trustees.

  • BID PRICES 3.1 Bidders must state in the Attribute Section if the bid prices will remain firm for the full contract period; or if the bid prices will be subject to escalation/de-escalation.

  • Evening Shift Differential A shift premium of two dollars and seventy-five cents ($2.75) per hour shall be paid:

  • Fair Market Value Fair Market Value of a share of Common Stock as of a particular date (the "Determination Date") shall mean:

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