Pricing Principles Clause Samples
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Pricing Principles. The following pricing principles will apply in respect of any variation:
7.3.1 the Provider will only charge the Authority for a variation to the extent the variation cannot reasonably be considered already within the scope of this agreement;
7.3.2 if there is a cost impact of the variation then the parties will use genuine efforts to agree a reasonable price for the variation (taking into account the nature and extent of the variation) in accordance with the rest of this clause 7.3;
7.3.3 the pricing for any variation must be:
7.3.3.1 reasonable;
7.3.3.2 competitive;
7.3.3.3 based on the rates specified in paragraph 4 of schedule 1 (to the extent applicable);
7.3.3.4 no higher than pricing the Provider offers its most preferred customers for products or services the same or similar to the products or services proposed to be provided to the Authority as part of the variation; and
7.3.3.5 no higher than the price at which the Authority would be able to procure similar products or services from another service provider; and
7.3.4 without limiting clause 7.4, if requested by the Authority, the Provider will obtain and provide (at its cost) a certificate from an auditor confirming that any pricing of a variation complies with the requirements of this clause 7.3.
Pricing Principles. Where the prices set out in Schedule 2 do not apply because the nature of the service provided to a particular customer (including, in the case of trade waste customers, the volume or load of waste treated) is unique, prices must be set as follows: • variable prices (including, in the case of trade waste customers, load- based charges) should reflect the long run marginal cost (LRMC) of providing services (including, in the case of trade waste customers, trade waste transfer, treatment and disposal); • the total revenue received from each customer should be greater than the cost that would be avoided from ceasing to serve that customer, and (subject to meeting avoidable cost) less than the stand alone cost of providing the service to the customer in the most efficient manner; • the methodology used to allocate common and fixed costs to that customer should be clearly articulated and be consistent with any guidance provided by the Commission; • prices should reflect reasonable assumptions regarding the customer’s demand for services (including, in the case of trade waste customers, the volume and strength of trade waste anticipated to be produced by that customer); • depreciation rates and rates of return used to determine prices should be consistent with those adopted by the Commission for the purposes of making this Determination; • customers should be provided with full details of the manner in which prices have been calculated and any new, renewed or renegotiated contractual agreements with customers should indicate that the prices to apply are subject to any Determination made by the Commission; • where applying these principles results in significant changes to prices or tariff structures, arrangements for phasing in the changes may be considered and any transitional arrangements should be clearly articulated.
Pricing Principles. Unless AT&T agrees otherwise, all proposed prices shall be derived in accordance with the Act and any applicable Commission rules and regulations. Payments for Services purchased under a BFR/NBR will be made as specified in thisAttachment 10, unless otherwise agreed to by AT&T.
Pricing Principles. 3.1 Subject to the trading principles set out in Article 2.1 hereof, under the prevailing local market conditions (including considerations such as volume of sales, length of contracts, package of services, overall customer relationship and other market factors), the products and services under Article 1 shall be based on arm's length negotiation and on normal commercial terms or on terms no less favourable than those available to any independent third party. Where such basic pricing principles are not applicable, the following general principles and precedence shall apply(pound)(0)
(i) State -prescribed price; or (ii) Where there is no state-prescribed price, market prices (including local, national or international market price); or (iii) When neither (i) nor (ii) is applicable, the cost to COSL for providing the relevant products and services plus a margin of not more than 10%, before any applicable taxes.
Pricing Principles. In determining the Charges the Access Provider may, amongst other things, take into account:
(a) any up-front fee, for example to cover administration, feasibility design and project establishment, that does not exceed $500 + GST* (* assumes Site Application is for Standard Co-location Equipment);
(b) reasonable installation charges (including labour and material that is not funded by way of Grant Funding);
(c) any excess land units acquired for the purpose of providing the Wholesale Tower Co-location Service that have not been funded by way of Grant Funding; and
(d) a reasonable contribution to the on-going operational fees at the RBI 2 Site to cover power and maintenance. Note: this is not an exhaustive list.
Pricing Principles. The Parties shall abide by fair general commercial terms in good faith and decide the price based on market principles. Party A shall pay the investment management fees and performance incentive payments to Party B according to this Agreement. Party B shall be entitled to such investment management fees and performance incentive payments.
Pricing Principles. For each Contract Year subsequent to the Contract Year for which the Price of Gas to be sold and purchased hereunder has been established and specified, the Parties agree to determine Price by negotiation or by arbitration. If the Price for Gas delivered in any Contract Year is to be determined by arbitration, the arbitrators shall determine a Price that, under the prevailing market circumstances for long term firm Gas Supply and in the opinion of the arbitrators, is fair and reasonable to both Buyer and Seller. In making such determination, the arbitrators shall limit their consideration to the evidence which is presented by the Parties, and to the extent that evidence is presented, shall base their determination upon and shall give due consideration to each of the following criteria:
(i) The weighted average cost of gas paid by Buyer during the next Contract Year for firm gas supplies with a term of two (2) years or more;
(ii) The prices being paid during the next Contract Year for other firm gas supplies by local distribution companies with a term of two (2) years or more in the state of Montana; and,
(iii) The prices being paid during the next Contract Year for other firm gas supplies by local distribution companies with a term of two (2) years or more in the province of Alberta; provided that the arbitrators shall consider the above matters in light of the following:
(a) To the extent that evidence with respect to Prices for the next Contract Year is not available or is insufficient, prices for the current Contract Year will be considered;
(b) The times at which the prices were agreed to between the respective buyers and sellers;
(c) Differences in transportation costs relevant to establishing a point of comparison at the Delivery Point;
(d) The similarities and dissimilarities between the service provided hereunder and the sales and transportation arrangements under which other gas is being sold for consumption in Buyer's market area and in Alberta, including in particular but not limited to the similarities and dissimilarities between the quality of service and the security of supply provided hereunder and provided under such other arrangements; and,
(e) Any other considerations in respect of which relevant evidence is adduced by the Parties and which is relevant to the determination of such matters. In the event that a negotiated or arbitrated Price is determined for a Contract Year after commencement thereof, Seller shall retroactively adjust its ...
Pricing Principles. A The pricing principles by which TWComm will establish rates and charges for the Services offered to AT&T pursuant to this Agreement are set forth in the following Appendixes:
Pricing Principles. 2.1 The pricing and/or charging standards for auxiliary telecom services under this annex shall be set based on the principles and order defined in this article: the services with prices set by the government shall follow the governmental prices; the services with prices guided by the government shall refer to the guidance price offered by the government; those services without government’s price or guidance price but with the market price will follow the market price; the services without a government’s price, a guide price or a market price, the two Parties will decide the price through consultation, which shall be based on the reasonable costs and profits, among which the reasonable costs refer to the costs consulted and decided by both Party A and Party B.
2.2 The specific amount of service fees under this annex shall be calculated pursuant to the relevant accounting principles in China (if applicable).
2.3 Party A and Party B shall examine and verify (if necessary) every service and facility provided under this annex and the pricing standards set for the next accounting year before December 31 of every year.
2.4 Party A and Party B are expected to sign specific execution documents as needed concerning the services provided. The execution documents shall specify the services required by Party B and the binding principles, criteria and clauses and conditions under this annex.