Pricing Formula. The supplier shall obligate to deliver the required materials during two years based on the fixed price of the required materials. Tendering Instructions
Pricing Formula. The Pricing Formula shall be established on the following model: (All monetary numbers are in U.S. dollars). [*]
Pricing Formula. For all quantities of the NTx/DRx Device received and accepted by Ostex during each calendar quarter of Phase I, Ostex shall pay to Metrika an amount equal to the NTx/DRx COGS (i) plus ***** of the Net Profits, as defined in Exhibit A, or (ii) minus ***** of the Net Losses, as defined in Exhibit A, as the case may be. On a monthly basis, commencing in May 2000, Metrika shall, no later than the 15th day of each month, estimate the NTx/DRx COGS in the prior calendar month, and Ostex shall, no later than the 20th day of each month, estimate the Net Profits (Losses), as described in Section 2.3.2, of the NTx/ DRx Device in the prior calendar month. On or prior to the last day of such calendar month, Ostex shall pay to Metrika the estimated NTx/DRx COGS (i) plus ***** of the estimated Net Profits or (ii) minus ***** of the estimated Net Losses, as the case may be, which payment will be accompanied by a statement showing the computation of the estimate. Ostex may, however, credit against such monthly payments amounts advanced to Metrika under Section 2.3.3. On a quarterly basis, Metrika agrees to provide to Ostex, no later than fifteen (15) days following the end of the calendar quarter, a statement reconciling the actual NTx/DRx COGS for such calendar quarter against the estimates of NTx/DRx COGS used to make the monthly payments to Metrika. Upon receipt of the NTx/DRx COGS reconciliation, Ostex shall compute the Net Profits (Losses) realized upon Sales of the NTx/DRx Device for the prior calendar quarter, and shall no later than twenty (20) days following the end of the calendar quarter submit to Metrika a statement reconciling the actual Net Profits (Losses) for such calendar quarter against the estimates of Net Profits (Losses) used to make the monthly payments to Metrika. If in such reconciliation, the aggregate of the Net Profits (Losses) and NTx/DRx COGS over the estimates thereof, show an under payment to Metrika for such calendar quarter, Ostex shall, no later than ten (10) days after the reconciliation statement is submitted, pay to Metrika the additional amount owing. On the other hand, if in such reconciliation the aggregate of the Net Profits (Losses) and NTx/ DRx COGS over the estimates thereof show an over payment to Metrika for such calendar quarter, Ostex may either offset the overpayment made by Ostex against future payments due to Metrika or, in the event that no additional payments are due, may demand, and Metrika shall then pay, the amount o...
Pricing Formula. 3.1 TRW shall maintain control of material pricing for the product including [***].
Pricing Formula. Prices for the United States market for Equipment and Disposables, effective following FDA approval, shall be set by Haemonetics and shall be based on the following:
Pricing Formula. The cost plus profit margin method shall be generally applied by CEPHEID in establishing transfer prices. However, the Parties recognize that other formulas for revenue sharing and transfer pricing may be more appropriate for other market or product opportunities, depending upon unit volumes, price per test and other market conditions. In order to ensure an equitable sharing of return for both parties, such other formulas shall be considered by the Parties on an opportunity by opportunity basis, and agreed upon in the course of establishing target transfer prices as part of the Work Plan for a Product or group of Products.
Pricing Formula. The price (the “Price Formula”) for Crude Oil delivered pursuant to this Agreement shall be set as follows:
