Provisional Price definition

Provisional Price means the price COVA should owe the Seller as calculated on any moment before the calculation of the Purchase Price by the Seller using the pricing formula and the then applicable quotations.
Provisional Price. : means the price the Buyer should owe COVA as calculated on any moment be- fore the calculation of the Purchase Price by COVA using the pricing formula and the then applicable quotations at the time the advance must be paid by the Buyer or the Surety must be made by the Buyer.
Provisional Price means [REDACTED].

Examples of Provisional Price in a sentence

  • COVA shall always have the right to ask an increase of the amount covered by the Surety as from the moment the Provisional Price reaches 95 % of the amount of the Surety.

  • This increase of the amount of the Surety will be such that the amount of the Surety becomes 120 % of the newly calculated Provisional Price.

  • The Buyer pays the Provisional Price after each delivery and within seven Calendar Days after Bill of Lading on the basis of 90% of the average of the price quotations until the day of delivery, with final payment of the Purchase Price based on the average quotations as defined in the Sales Contract.

  • The amount covered by the Surety should at least be at a level of 120 % of the Provisional Price as calculated on that moment in time.

  • The amount of the advance will be 100 % of the Provisional Price as calculated on the Day before payment of the advance.


More Definitions of Provisional Price

Provisional Price has the meaning given such term in Clause 10(c)(iii) and shall be based on the estimated price of Oil and Indigenous Feedstock that make up the EPQ.
Provisional Price means the amount stipulated by the bidder for a Provisional Item which is to be included in the Base Bid Price.
Provisional Price means, for any quantity of Crude Oil reflected in a Daily Invoice, an amount equal to the Current WTI Price for the relevant Invoice Date, plus or minus any per Barrel differential that is an element of the Supply Price under the Purchase Contract relating to that quantity of Crude Oil.
Provisional Price means the estimated price which will be used which shall be agreed upon by Xxxxx and Seller. The Special Purchase Price will be finalized and the Provisional Price trued up by the end of the month following the sale.
Provisional Price means the unit price at which BioNumerik will sell the final, packaged form of the Product to Takeda. The Provisional Price is the sum of:
Provisional Price has the meaning set forth in Section 8.1.
Provisional Price means a price in dollars and cents that has been published based on data relating to a provisional price situation. When a provisional price is published it applies to all trading periods on the relevant trading day;