Basis of Pricing. The pricing of incentive rate work shall be based on wages that are in turn based on the job classification.
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. 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. 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 2016 and the six months ended 30 June 2017: 20,255 15,523 16,622 7,029 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 2020 respectively: As set out in the Company’s announcement dated 22 December 2014, the existing annual cap amounts of the transactions under the Existing Master Agreement for each of the three years ending 31 December 2017 are as follows: 33,000 33,000 33,000 As at the date of this announcement, the Group has not exceeded any of the above annual cap amounts. The Group will engage the 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 the 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 annual cap amounts for the transactions contemplated under the Master Agreement for each of the three years ending 31 December 2020 were estimated primarily based on (i) the fees paid by the Group to the Duosiwei Companies for the three years ended 31 December 2016 and the six months ended 30 June 2017; (ii) the decoration work estimated to be required for the opening of new retail outlets in the PRC pursuant to the future plan of the Group; and (iii) the Group’s plan to launch a new decoration theme for its existing retail outlets. The Directors cons...
Basis of Pricing. The basis for the Fees in this Schedule 3 include the following: • 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 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 purchase price of LNG shall be agreed by both Xianyang Haihui and Xi’an Civigas Haihui in writing. Pursuant to the LNG Master Supply Agreement, the pricing for the sale and purchase of LNG is to be determined based on the following:
Basis of Pricing. The terms of the Transactions will be determined with reference to the prevailing market prices at the material time when the Purchase Transactions, Sales Transactions, Provisions, Labour Services or Entrusted Processing, Use of Trademarks Under Licence, Asset Leasing From GPHL or Asset Leasing to GPH are entered into between the Company and its subsidiaries (or GPHL and its subsidiaries) on the one hand and the Independent Third Parties on the other hand (“Similar Transactions”) and will be determined on normal commercial terms or not less favourable terms than those available to the Group from the Independent Third Parties (or to the Independent Third Parties). The prevailing market prices under the specific contracts regarding the various connected transactions described in section 3 of this announcement will be determined at the prices of the Similar Transactions conduct on arm’s length basis obtain by the Group from Independent Third Parties in China (or provide to the Independent Third Parties) and on normal commercial terms and in the ordinary course of business of the Group. In addition to the above basis of pricing stipulated under the New CCT Agreement, the Group will consider the following principles (“Pricing Principles”) in order of priority before determining whether to enter into the actual transactions under the New CCT Agreement:
(a) the final confirmed prices through the bidding and tendering process conducted in accordance with the applicable rules and regulations (if any) (“Regulatory Bidding Prices”);
(b) the final confirmed prices through the bidding and tendering process conducted by the Group at which at least three independent bidders will be invited (“Corporate Bidding Prices”) if the Regulatory Bidding Prices are not available or applicable;
(c) the market prices which are offered to or by the Independent Third Parties in the ordinary and usual course of business if none of the Regulatory Bidding Prices and the Corporate Bidding Prices are available or applicable; and
(d) the agreed prices based on the actual or reasonable cost incurred thereof (and, in the case of the Similar Transactions by the Group to GPHL and its subsidiaries, plus a reasonable profit margin), which is determined by reference to the nature of the Similar transactions, past prices, current market prices and market price changes in the remaining period if none of the prices set out in (a) to (c) above are available or applicable. The Pricing Principles basical...
Basis of Pricing. 1. Financial documents and purchase contracts provided by the company;
2. Price information database of Dahua Certified Public Valuers Co., Ltd.;
Basis of Pricing. 5.1. In consideration for the Contractor providing the Services, the Customer will pay the Fees.
5.2. The Fees shall be fixed for twelve (12) months. The Fees shall be increased by the greater of three (3)% or CPI on each consecutive twelve (12) month anniversary of the Commencement Date. Unless stated otherwise in the Schedule, Fees do not include out of pocket expenses and disbursements such as travel (including airfares) and accommodation which will be charged to the Customer at cost.
5.3. The Customer and the Contractor agree that the Fees will rise or fall by 100% of any change in the minimum lawful cost of employing or engaging employees or contractors including, but not limited to as a result of any changes in pay rates, superannuation, taxation or workers compensation industry classification under legislation, an applicable industrial instrument, award or agreement, or any other agreement entered into by the Customer which applies to the employees or contractors. Any such increase will be applied to the Fees from the first full pay period after the change comes into effect.
Basis of Pricing. According to the Audit Report of Fuzhou Power Generation Company issued by Ruihua China CPAs (Special Ordinary Partnership), Fuzhou Power Generation Company had total assets of RMB825.2242 million, total liabilities of RMB141.2242 million and net assets of RMB684 million as at 31 October 2013, the benchmark day of audit. According to the Appraisal Report about Fuzhou Power Generation Company issued by Zhongtianhe Asset Appraisal Company, an independent valuer, using asset-based method, the estimated value of total equity capital of Fuzhou Power Generation Company as at 31 October 2013, the benchmark day of appraisal, was RMB698.3987 million, representing an increase of RMB14.3987 million or 2.11% compared to the audited book value of its net assets. The capital contribution of RMB1,017,691,840 (or equivalent US dollars or euros) to be made by EDF China to Fuzhou Power Generation Company is determined after negotiation by the parties taking into account the assessed value of Fuzhou Power Generation Company as at 31 October 2013 made by Zhongtianhe Asset Appraisal Company and the subsequent investment to be made by EDF China to Fuzhou Power Generation Company.
