Price and Term definition

Price and Term. All Sale Contracts shall specify the price for energy or Natural Gas, as applicable, and the term of the agreement. The term of the Sale Contract binding on IDT may not extend beyond the Planned Term. Payment Provision: Sale Contracts shall require that Customer to make all payments due to the Deposit Account Assignability: Sale Contracts will be assignable by IDT to a lender institution or credit provider, which includes the BP Parties, without the consent of the Customer.
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Price and Term. The price and term of this agreement are set forth in the Electric Facts Label (EFL). The term will begin on the Switch Date set forth on the Pricing Appendix and continue for the number of months specified in the EFL. Energy Charges will be calculated by multiplying the price set forth in the Pricing Appendix by the electricity consumed, measured in kilowatt-hours (“kWh”) for each billing period. The Energy Charges will include costs incurred by the Seller to provide electricity to Buyer, but will include the pricing issued by the Transmission and Distribution Utilities (TDU) not listed herein. The Buyer will pay the following additional items which will be listed separately on the invoices: (1) TDSP Metering Fee and Transition Charge. The tariffs which explain these charges for each TDU can be found at: xxx.xxx.xxxxx.xx.xx (2) Taxes: Any federal, state, or local taxes associated with the sale electricity, and (3) any transactional charges, such as meter tests, tampering charges, etc. as billed by the TDU. These taxes include the state Gross Receipts tax and the PUCT Assessment fees. Following the completion of the agreement term, Buyer will automatically transfer to the post term default rate, which rate will be communicated in a separate written notice at least thirty (30) days prior and no more than (60) days prior to the end of the Term. Buyer may contact Seller at any time to request extension of Buyer’s current rate for a longer term or negotiate a new rate for the extended term.
Sample 1
Price and Term. The price and term of this agreement are set forth in the Electric Facts Label (EFL). The term will begin on the Switch Date and continue for the number of months specified in the EFL. Energy Charges will be calculated by multiplying the price set forth in the Pricing Appendix by the electricity consumed, measured in kilowatt-hours (“kWh”) for each billing period plus other charges (line losses, ancillary services, fuel adjustment charge and other ERCOT charges). The Energy Charges will include costs incurred by the Seller to provide electricity to Buyer, but the price in the Pricing Appendix will increase if required by Seller due to changes in market conditions increasing the wholesale or MCPE price. The Buyer will pay the following additional items which will be listed separately on the invoices: (1)
Sample 1

Examples of Price and Term in a sentence

  • The Contractor shall promptly perform, or delete as the case may be, all Work described in any Construction Change Directive, and submit a claim to the Department for an equitable adjustment in the Contract Price and Term, if any.

  • Gonzales Road, Suite 200, Oxnard, CAUnder Negotiation: Price and Term of Payment Announcement from Closed Session, if any.COMMENTS FROM COMMISSIONERS ADJOURNMENT Unless otherwise determined by the Commission, the next regular meeting of the Commission will be held on March 24, 2014 at 3:00 p.m. at 2240 E.

  • All terms of this Agreement except for the Price and Term will remain the same.

  • This law shall take effect forty-five days after its enactment into law and shall apply to contracts for which a request for bids or proposals is issued on or after the effective date.Referred to the Committee on Contracts.Res.

  • Gonzales Road, Suite 200, Oxnard, CAUnder Negotiation: Price and Term of Payment RETURN TO OPEN SESSION The Regular Meeting reconvened at 6:08 p.m. Legal Counsel Kierstyn Schreiner stated that there was no reportable action taken in Closed Session.

  • The HRSB, without invalidating this Agreement, may make changes in the Services with the Contract Price and Term being adjusted accordingly, by written notice of change (a "Change Order").

  • Being transversal to so many areas, flow was naturally carried into the gaming world.

  • Exercise Price and Term of Options The exercise price per Share for an Option is determined by the Board, but in no event will be less than the Discounted Market Price (as such term defined in the Stock Option Plan) for the Shares at the date of grant.

  • Ventura Road, Oxnard, CA and Draine Family Ltd Partnership-3760 Calle Tecate, Camarillo, CA Under Negotiation Price and Term of Payment.

  • See Michael Staten, The Impact of Credit Price and Term Regulations on Credit Supply, Harvard University Joint Center for Housing Studies UCC 08-8 (Feb.

Related to Price and Term

  • Purchase Price and Terms Letter With respect to each purchase of a Mortgage Loan Package hereunder, that certain letter agreement setting forth the general terms and conditions of such transaction consummated herein and identifying the Mortgage Loans to be purchased hereunder, by and between the Company and the Purchaser. Purchaser: Xxxxxx Brothers Bank, FSB or its successor in interest or any successor to the Purchaser under this Agreement as herein provided.

  • Bond Terms means these terms and conditions, including all Attachments which shall form an integrated part of these Bond Terms, in each case as amended and/or supplemented from time to time.

  • Price Agreement means a definite quantity contract or indefinite quantity contract which requires the contractor to furnish items of tangible personal property, services or construction to a state agency or a local public body which issues a purchase order, if the purchase order is within the quantity limitations of the contract, if any.

  • General Terms means these terms and conditions.

  • Price Schedule means the schedules or any part or individual schedule thereof, submitted by the Bidder with his Bid and forming a part of the Contract;

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • Unit Price Arrangement means that part of the Contract that prescribes the product of a price per unit of measurement multiplied by a number of units of measurement for performance of the Work to which it relates;

  • General Terms and Conditions means the General Terms and Conditions for Services Contracts as referenced on the RFP cover page.

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • Price and Preferential Points Assessment means the process described in clause 27.6 of this Part C, as prescribed by the PPPFA.

  • Subscription Term means the initial subscription term and if applicable any renewal subscription term of a Cloud Service identified in the Order Form.

  • Unit Price Work means the Work, or a portion of the Work, paid for based on incremental units of measurement.

  • Mining Xxx 0000 means (unless the context otherwise requires) the Mining Xxx 0000 and the amendments thereto and the regulations made thereunder as in force on 31st December, 1981;

  • Agreed Terms means, in relation to a document, such document in the terms agreed between the Seller and the Purchaser and signed for identification purposes by the Seller’s Lawyers and the Purchaser’s Lawyers, with such alterations as may be agreed in writing between the Seller and the Purchaser from time to time;

  • Terms of Reference (TOR) means the document included in the RFP as Section 5 which explains the objectives, scope of work, activities, tasks to be performed, respective responsibilities of the Client and the Consultant, and expected results and deliverables of the assignment.

  • AND TO The registrar and transfer agent for the securities of Response Biomedical Corp. The undersigned (A) acknowledges that the sale of the securities of Response Biomedical Corp. (the “Company”) [represented by certificate number/described in the direct registration system advice with holder account number] ___________________, to which this declaration relates was made in reliance on Rule 904 of Regulation S under the United States Securities Act of 1933, as the same has been, and hereafter from time to time, may be amended (the “U.S. Securities Act”) and (B) certifies that (1) the undersigned is not an “affiliate” of the Company as that term is defined in Rule 405 under the U.S. Securities Act, a “distributor” or an affiliate of “distributor”, (2) the offer of such securities was not made to a person in the United States and either (a) at the time the buy order was originated, the buyer was outside the United States, or the seller and any person acting on its behalf reasonably believed that the buyer was outside the United States or (b) the transaction was executed on or through the facilities of a “designated offshore securities market” (as defined in Rule 902 of Regulation S under the U.S. Securities Act) and neither the seller nor any person acting on its behalf knows that the transaction has been prearranged with a buyer in the United States, (3) neither the seller nor any affiliate of the seller nor any person acting on their behalf has engaged or will engage in any “directed selling efforts” in the United States in connection with the offer and sale of such securities, (4) the sale is bona fide and not for the purpose of “washing-off” the resale restrictions imposed because the securities are “restricted securities” as that term is described in Rule 144(a)(3) under the U.S. Securities Act, (5) the seller does not intend to replace such securities sold in reliance on Rule 904 of the U.S. Securities Act with fungible unrestricted securities, and (6) the contemplated sale is not a transaction, or part of a series of transactions, which, although in technical compliance with Regulation S under the U.S. Securities Act, is part of a plan or scheme to evade the registration provisions of the U.S. Securities Act. Unless otherwise specified, terms set forth above in quotation marks have the meanings given to them by Regulation S under the U.S. Securities Act. DATED at __________ this ___ day of __________, 20__. By: Name: Title: AFFIRMATION BY SELLER’S BROKER-DEALER (REQUIRED FOR SALES IN ACCORDANCE WITH SECTION (B)(2)(B) ABOVE) We have read the foregoing representations of our customer, _________________________ (the “Seller”) dated _______________________, with regard to our sale, for such Seller’s account, of the securities of the Company described therein, and on behalf of ourselves we certify and affirm that (A) we have no knowledge that the transaction had been prearranged with a buyer in the United States, (B) the transaction was executed on or through the facilities of a “designated offshore securities market” (as defined in Rule 902 of Regulation S under the U.S. Securities Act); (C) neither we, nor any person acting on our behalf, engaged in any directed selling efforts in connection with the offer and sale of such securities, and (D) no selling concession, fee or other remuneration is being paid to us in connection with this offer and sale other than the usual and customary broker’s commission that would be received by a person executing such transaction as agent. Terms used herein have the meanings given to them by Regulation S under the U.S. Securities Act. Name of Firm By: Date: Authorized officer

  • Date of Agreement as used herein shall be the date when by execution and delivery (as defined in paragraph 20.2) of this document or a subsequent counteroffer thereto, Xxxxx and Seller have reached agreement in writing whereby Seller agrees to sell, and Xxxxx agrees to purchase, the Property upon terms accepted by both Parties.

  • Contract Unit Price means the total price per unit charged to DLA Troop Support for a product delivered to DLA Troop Support’s customers. The Contract unit price consists of three components: delivered price plus distribution price less Government rebates and discounts. The unit price sum of the three component prices shall be rounded up or down as applicable, to the nearest cent to determine the final Contract unit price.

  • Stage 1 means the area at Port Xxxxxxx which is the subject of this Agreement and of the ERMP and which is shown bordered in purple as “stage 1” on Department of Land Administration 4 Miscellaneous Plan No. 1743;

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Same terms and conditions means that a carrier cannot apply

  • Common Terms Agreement has the meaning provided in the recitals.

  • Initial Unit Price means (a) with respect to the Common Units and the Subordinated Units, the initial public offering price per Common Unit at which the Underwriters offered the Common Units to the public for sale as set forth on the cover page of the prospectus included as part of the Registration Statement and first issued at or after the time the Registration Statement first became effective or (b) with respect to any other class or series of Units, the price per Unit at which such class or series of Units is initially sold by the Partnership, as determined by the General Partner, in each case adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of Units.

  • Unit Price means an amount stated in the Bid for which Bidder offers to perform the Unit Price Work for a fixed price per unit of measurement.

  • Date of Commencement of Risk means the date specified in the Schedule (unless the Policyholder is informed otherwise by the Company) from which the risk cover of the Life Assured commences under the Policy.