Basis of Pricing. The pricing of incentive rate work shall be based on wages that are in turn based on the job classification. Pricing provision
Basis of Pricing. The base interest rate = the arithmetic average of the overnight TAIBOR over the past three months + the margin determined, where “the arithmetic average of the overnight TAIBOR over the past three months” is based on the arithmetic average of the overnight TAIBOR published by “the Taipei Interbank Discount Center” and “the margin determined” will be the rate determined and subject to adjustment by the Bank in consideration of the funding cost, operational cost and interest risk. The Bank may in its sole discretion adjust the foresaid calculation to reflect the change of prevailing market environment.
Basis of Pricing. The terms of the Services (including the price) will be on normal commercial terms and will be determined between the Group and Duosiwei Companies on an arm’s length basis and on terms no less favourable than terms provided by independent third parties. Duosiwei Companies have covenanted that the terms of the Services to be provided by them to the Group will be no less favourable than those provided by them to their independent third parties. The exact pricing of each order shall be subject to the Group’s acceptance of the quotation of each order made by the relevant Duosiwei Companies. Historical figures The following is a summary of the historical figures for the provision of Services by Duosiwei Companies to the Group for each of the three years ended 31 December 2010 and the six months ended 30 June 2011: For the six months For the year ended 31 December ended 2008 (audited) 2009 (audited) 2010 (audited) 30 June 2011 (unaudited) HK$’000 HK$’000 HK$’000 HK$’000 17,190 15,949 19,343 10,317 Proposed annual cap amounts The Group estimates that the transactions contemplated under the Master Agreement would not exceed the following annual cap amounts for the three financial years ending 31 December 2014 respectively: For the year ending 31 December 2012 2013 2014 HK$ ’000 HK$ ’000 HK$ ’000 24,000 28,000 33,000 Existing annual cap amounts As set out in the Company’s announcement and circular dated 6 November 2008 and 24 November 2008 respectively, the existing annual cap amounts of the transactions under the Existing Master Agreement for each of the three years ending 31 December 2011 are as follows: For the year ended 31 December 2009 2010 2011 HK$ ’000 HK$ ’000 HK$ ’000 19,900 19,900 19,900 As at the date of this announcement, the Group has not exceeded any of the above annual cap amounts. Basis for the annual cap amounts The Group will engage Duosiwei Companies to provide the Services when new retail stores, concessionary counters or sales areas are being set up or when other ad hoc decoration work is required at retail stores, concessionary counters or sales areas, and new moulds are required for the production of brassieres and mannequins. The Group will also engage Duosiwei Companies to provide the Services when the Group launches a new decoration theme for its retail stores, concessionary counters and sales areas. Generally, the Group’s retail stores, concessionary counters and sales areas launch a new decoration theme every two to three years. The ann...
Basis of Pricing. The parties acknowledge and agree that the pricing set out in this Agreement is limited to the tests performed under the PRIME study protocol, and may not be used to set any future reimbursement amounts for the PreTRM® test. The parties further acknowledge and agree that the aggregate services hereunder do not exceed those that are reasonable and necessary for a legitimate business purpose, and that the compensation to be provided hereunder has not been determined in a manner that takes into account the volume or value of any referrals or other business generated between the parties.
Basis of Pricing. The basis for the Fees in this Schedule 3 include the following: Data Center • Pricing for hot site includes 300 MIPS, 1.2GB DASD, one hundred twenty (120) shared servers, one (1) email retention server, disaster recovery analyst travel and seventy-two (72) hours annual test time.
Basis of Pricing. The selling price of LNG shall be agreed by both Xi’an Xxxxxxx Xxxxxx and Xxxxxxxx Xxxxxx in writing. Pursuant to the LNG Master Sales Agreement, the pricing for the sale and purchase of LNG is to be determined based on the following:
Basis of Pricing. The price under the sales agreement(s) will be determined in the ordinary course of business on normal commercial terms, negotiated on an arm’s length basis and on the following principles: The purchase price of LPG is to be determined based on (i) the market price of LPG and other similar products charged by independent nearby suppliers and (ii) factors including quantity of purchase and mode of delivery. In determining the market price, which is based on the ex-factory price as provided by Kunlun Energy (崑崙燃氣), our supplier of LPG, and available to its gas customers, plus the price difference to be referenced from the selling price offered by other market players on the date where such separate sales agreement are entered into, the prices of LPG and other similar products will be compared from at least two nearby independent suppliers of those products to ensure that price is no more favourable than those offered by us to Independent Third Parties. Termination : By mutual agreement or in the event of a breach committed by either party as specified in the LPG Framework Sales Agreement. Internal control measures on pricing policy Prior to entering into any transaction under the LPG Framework Sales Agreement, the designated staff member from the sales department of the Group shall check to ensure the price mechanism adopted is in accordance with the terms of the LPG Framework Sales Agreement. The designated staff will monitor to ensure that the selling price to be charged by the Group to Songyuan Petrochemical in each separate sales agreements that the price is no more favourable than those offered by us to Independent Third Parties. Historical transaction amount Prior to entering into the LPG Framework Sales Agreement, the Group has not conducted transactions of the same nature with Songyuan Petrochemical. The Group has not conducted any transactions contemplated under the LPG Framework Sales Agreement up to the date of this announcement and will not conduct any transactions contemplated under the LPG Framework Sales Agreement before obtaining approval from the Independent Shareholders at the EGM. Annual caps and basis of determination The Board estimates that the annual transaction amount for the sales of LPG to Songyuan Petrochemical for the three years ending 31 December 2026 will not exceed the following annual caps set forth in the table below: Year ending 31 December 2024 2025 2026 (RMB million) (RMB million) (RMB million) Total revenue from the sale...
Basis of Pricing. 5.1. In consideration for the Contractor providing the Services, the Customer will pay the Fees.
Basis of Pricing. The price under the sales order(s) will be determined in the ordinary course of business on normal commercial terms and based on the following principles: The purchase price of flour is to be determined based on the prevailing market price of relevant flour products charged by Shenhua Flour to all other customers as indicated in its product price list as in force from time to time. As an internal control measure, we will compare the prices of flour products charged to Langfang Yijiao with those charged to at least three other customers to ensure that price offered by us to Langfang Yijiao is the same as that offered to Independent Third Parties. Termination: By mutual agreement or in the event of a breach committed by either party as specified in the Framework Sales Agreement (I).
Basis of Pricing. The price under the sales order(s) will be determined in the ordinary course of business on normal commercial terms and based on the following principles: The purchase price of flour is to be determined based on the prevailing market price of relevant flour products charged by Shenhua Flour to all other customers as indicated in its product price list as in force from time to time. As an internal control measure, we will compare the prices of flour products charged to Langfang Ceyuan with those charged to at least three other customers to ensure that price offered by us to Langfang Ceyuan in the same as that offered to Independent Third Parties.
