THE PRICE AND TOTAL COST OF THE CONTRACT Sample Clauses

THE PRICE AND TOTAL COST OF THE CONTRACT. 3.1. The price of the Goods on the basis FOB port _________ (terminal ___________) shall be calculated on the basis of: Basic quotations: quotations of Platts agency in its publication Platts European Marketscan - an arithmetic average of the average quotations of a quotation day rounded to the second decimal place for the position “VGO 0,5 - 0,6%” published under the heading «Cargoes CIF NWE / Basis ARA» and «Barges FOB Rotterdam». The provisional price (Pr(P)) is calculated as follows: Pr(P) = (Pl(P) +D)*1,1) / K(P) EUR/USD, Pl(P) – average value of the basic quotations for the period from the 1st to 18th quotation day (inclusive) of the month preceding the month of the final price formation for the agreed Goods lot, given in USD per metric ton for the respective position D – the correction on chosen basis: FOB port of loading offered by the Buyer in the bid, in US dollars per metric ton; K(P) EUR/USD – the official currency rate EUR/USD, fixed by the Bloomberg agency BFIX (14:00 Frankfurt), published on site xxxx://xxx.xxxxxxxxx.xxx/markets/currencies/fx-fixings; - for the volume (lot) of the Goods confirmed for delivery within the period up to the 18th day of the month preceding the month of the final price formation – on the 19th day of the month preceding the month of the final price formation for the agreed Goods lot; - for the volume (lot) of the Goods confirmed for delivery within period after the 18th day of the month preceding the month of the final price formation – on the date following the date of confirmation the Goods for realization. In the event that there is no rate quoted on such day the next following publication shall apply. The final price (Pr(F)) of the Goods shall be calculated according to the following formula (variant I): Pr(F) = (Pl(P) + D) / K(P) EUR/USD +( Рl(F) - Рl(P))/ K(F) EUR/USD, Pl(P) – average value of the basic quotations for the period from the 1st to 18th quotation day (inclusive) of the month preceding the month of the final price formation for the agreed Goods lot, given in USD per metric ton for the respective position D – the correction on chosen basis: FOB port of loading offered by the Buyer in the bid, in US dollars per metric ton;
Sample 1Sample 2Sample 3See All (22)
AutoNDA by SimpleDocs
THE PRICE AND TOTAL COST OF THE CONTRACT. 3.1. The estimated cost of the Goods delivered hereunder makes up to _____________ (________________________________________ 00/100) Euro. The cost is based upon the oil products prices operating for the date of the Contract concluding and shall not be obligatory for the Parties’ executing the present Contract.
Sample 1Sample 2
THE PRICE AND TOTAL COST OF THE CONTRACT. 3.1. The price of the Goods on the basis FOB port _________ (terminal ___________) shall be calculated on the basis of: Basis quotations: quotations of Argus agency in its publication “Argus Base Oils” under heading “Russia and FSU” rounded to the second decimal place; For base oil SN-150 – for the position “SN 150 fob Baltic Sea” For base oils SN-500 – for the position “SN 500 fob Baltic Sea”. The provisional price (Pr(P)) is calculated as follows: Pr(P) = (Pl(P) +D)*1,1) / K(P) EUR/USD, where Pl(P) – the latest quotation of Argus agency available on the date of nomination of a monthly Goods lot in the publication “Argus Base Oils” for the respective position, in US dollars per metric ton;
Sample 1

Related to THE PRICE AND TOTAL COST OF THE CONTRACT

  • Contract Price Adjustment The basis upon which the Contract Price shall be adjusted is as set out in paragraph 9.2 of Schedule IVB.

  • THE CONTRACT PRICE A. This Contract is an indefinite-quantity contract for construction work and services. The Estimated Annual Value of this Contract is $2,000,000. This is only an estimate and may increase or decrease at the discretion of Sourcewell.

  • Price Schedule, Payment Terms and Billing, and Price Adjustments (a) Price Schedule: Price Schedule under this Contract is set forth in Exhibit B.

  • CAISO Monthly Billed Fuel Cost [for Geysers Main only] The CAISO Monthly Billed Fuel Cost is given by Equation C2-1. CAISO Monthly Billed Fuel Cost Equation C2-1 = Billable MWh ◆ Steam Price ($/MWh) Where: • Steam Price is $16.34/MWh. • For purposes of Equation C2-1, Billable MWh is all Billable MWh Delivered after cumulative Hourly Metered Total Net Generation during the Contract Year from all Units exceeds the Minimum Annual Generation given by Equation C2-2. Equation C2-2 Minimum Annual Generation = (Annual Average Field Capacity ◆ 8760 hours ◆ 0.4) - (A+B+C) Where: • Annual Average Field Capacity is the arithmetic average of the two Field Capacities in MW for each Contract Year, determined as described below. Field Capacity shall be determined for each six-month period from July 1 through December 31 of the preceding calendar year and January 1 through June 30 of the Contract Year. Field Capacity shall be the average of the five highest amounts of net generation (in MWh) simultaneously achieved by all Units during eight-hour periods within the six-month period. The capacity simultaneously achieved by all Units during each eight-hour period shall be the sum of Hourly Metered Total Net Generation for all Units during such eight-hour period, divided by eight hours. Such eight-hour periods shall not overlap or be counted more than once but may be consecutive. Within 30 days after the end of each six-month period, Owner shall provide CAISO and the Responsible Utility with its determination of Field Capacity, including all information necessary to validate that determination. • A is the amount of Energy that cannot be produced (as defined below) due to the curtailment of a Unit during a test of the Facility, a Unit or the steam field agreed to by CAISO and Owner. • B is the amount of Energy that cannot be produced (as defined below) due to the retirement of a Unit or due to a Unit’s Availability remaining at zero after a period of ten Months during which the Unit’s Availability has been zero. • C is the amount of Energy that cannot be produced (as defined below) because a Force Majeure Event reduces a Unit’s Availability to zero for at least thirty (30) days or because a Force Majeure Event reduces a Unit’s Availability for at least one hundred eighty (180) days to a level below the Unit Availability Limit immediately prior to the Force Majeure Event. • The amount of Energy that cannot be produced is the sum, for each Settlement Period during which the condition applicable to A, B or C above exists, of the difference between the Unit Availability Limit immediately prior to the condition and the Unit Availability Limit during the condition.

  • Contract Price and Payment In addition, the Contractor shall be entitled to receive from the payments made by the insurers the amount of the Contractor’s interest in the restoration of the Work.

  • Price Adjustments for OGS Centralized Contracts Periodic price adjustments will occur no more than twice per year on a schedule to be established solely by OGS. Pricing offered shall be fixed for the first twelve (12) months of the Contract term. Such price increases will only apply to the OGS Centralized Contracts and shall not be applied retroactively to Authorized User Agreements or any Mini-bids already submitted to an Authorized User. Price Decreases Price decreases may be made at any time. Additionally, some price decreases shall be calculated in accordance with Appendix B, section 17, Pricing.

  • Contract Price 5.01 Owner shall pay Contractor for completion of the Work in accordance with the Contract Documents the amounts that follow, subject to adjustment under the Contract:

  • Start-Up Costs 4.1.1 The Government of Ontario will provide:

  • ECONOMIC PRICE ADJUSTMENT is the adjustment to the Aircraft Basic Price (Base Airframe, Engine and Special Features) as calculated pursuant to Exhibit D.

  • PAYMENT AND CONTRACT PRICE C1 Contract Price C2 Payment and VAT C3 Recovery of Sums Due C4 Contract Price During Extension of the Initial Contract Period C5 Euro

Time is Money Join Law Insider Premium to draft better contracts faster.