Billing Price Clause Samples

The Billing Price clause defines the specific amount or rate that will be charged for goods or services under the agreement. It typically outlines how the price is calculated, whether it is a fixed fee, hourly rate, or based on usage, and may specify when and how adjustments can be made. This clause ensures both parties have a clear understanding of the financial terms, reducing the risk of disputes over payment amounts and providing transparency in the billing process.
Billing Price. The Billing Price for all Dedicated Lignite or Alternate Fuel delivered under this Agreement shall be determined by taking the Base Price, adjusting that Base Price in accordance with the formula set forth in Exhibit E to determine the Adjusted Base Price, and then applying any quality adjustments pursuant to Article 6.
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Billing Price. (a) Beginning on April 1, 2007, and continuing quarterly throughout the Term on July 1, October 1, January 1 and April 1 of each calendar year the Base Price (for April 1, 2007) and thereafter the price calculated pursuant to this Section 10.2.2(a) shall be increased by $[*] ([*]%] of the Base Price). For each calendar quarter the amount adjusted pursuant to this Section 10.2.2(a) is the “Increased Base Price”. (b) Beginning on April 1, 2007, and continuing quarterly throughout the Term on July 1, October 1, January 1 and April 1 of each calendar year the Base Price (for April 1, 2007) and thereafter the price calculated pursuant to this Section 10.2.2(b) shall be the amount determined in accordance with Section 10.2.3. For each calendar quarter the amount adjusted pursuant to this Section 10.2.2 (b) is the “Adjusted Base Price”. (c) Beginning on April 1, 2007, and continuing quarterly throughout the Term on July 1, October 1, January 1 and April 1 of each calendar year the effective price to be paid by Buyer to Seller for such calendar quarter (the “Billing Price”) shall be the higher of the Increased Base Price and the Adjusted Base Price each calculated for such calendar quarter as provided in Sections 10.2.2(a) and 10.2.2(b) above. Exhibit A contains examples of the calculation of the price adjustment provisions of this Section 10.2.2 and are included for the sake of clarity.
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Billing Price. The Billing Price per ton of coal, pursuant to this Agreement, to be paid on a per shipment basis is determined by the following formula: A x B x 2000 ------------ +FC Billing Price ($/ton) = 1,000,000 Where A = The "as received" heating quality of the coal in Btu's per pound as determined pursuant to Article V. Where B = The Adjusted Average Price and any reduction pursuant to Article VI in dollars per million Btu. Where FC = Buyer's share of the cost of freeze conditioning agent.
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Billing Price. Fast Forward Marketing will purchase your products for 60% off SRP.
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Billing Price. (1) For the purpose of this clause, until the establishment of the total final price in accordance with paragraph (d) of the "INCENTIVE PRICE REVISION (FIRM TARGET)" clause, the term "total contract price" means the billing price; initially the billing price shall be the initial total contract target price, and thereafter the billing price shall be revised as provided in paragraph (b)(2) below. After establishment of the total final price in accordance with paragraph (d) of the "INCENTIVE PRICE REVISION (FIRM TARGET)" clause, the billing price shall be the total final price so established. (2) Within fifteen (15) days after each calendar quarter the Contractor shall submit in writing a proposed revised billing price which shall be established as follows: (i) The Contractor shall certify to the Contracting Officer the percentage of physical progress in the performance of the contract as a whole as of the end of the calendar quarter. Such percentage of physical progress shall be expressed as a decimal carried to four decimal places and shall be subject to the approval of the Supervisor. (ii) The revised billing price shall be the sum of a projected final cost, and a projected profit, computed as follows: (A) A projected final cost shall be computed by (i) determining the cumulative sum of the base costs as of the end of the calendar quarter, established in accordance with the "COMPENSATION ADJUSTMENTS (LABOR AND MATERIAL)" clause, and (ii) dividing the sum thereof by the percentage of physical progress certified and approved as set forth in subparagraph (i) above. (B) A projected profit shall be determined by applying to the projected final cost the incentive formula set forth in paragraph (d)(2) of the "INCENTIVE PRICE REVISION (FIRM TARGET)" clause, provided, that in no event shall the revised billing price exceed the ceiling price of the contract. (iii) The revised billing price determined as stated above shall be set forth separately in a supplemental agreement to this contract, which also shall set forth the computations upon which the revision of the billing price is based. 117 N00024-95-C-2106 SCHEDULE (iv) Any revision of the billing prices shall not affect the determination of the total final price under paragraph (d) of the "INCENTIVE PRICE REVISION (FIRM TARGET)" clause. After execution of the contract modification referred to in subparagraph (d)(3) of said clause, the total amount paid or to be paid on all invoices or vouchers shall be adjusted t...
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Related to Billing Price

  • Closing Price Closing Price shall mean the last reported market price for one share of Common Stock, regular way, on the New York Stock Exchange (or any successor exchange or stock market on which such last reported market price is reported) on the day in question. If the exchange is closed on the day on which the Closing Price is to be determined or if there were no sales reported on such date, the Closing Price shall be computed as of the last date preceding such date on which the exchange was open and a sale was reported.

  • Offering Price Shares of any class of the Fund offered for sale by you shall be offered for sale at a price per share (the "offering price") approximately equal to (a) their net asset value (determined in the manner set forth in the Fund's charter documents) plus (b) a sales charge, if any and except to those persons set forth in the then-current prospectus, which shall be the percentage of the offering price of such Shares as set forth in the Fund's then-current prospectus. The offering price, if not an exact multiple of one cent, shall be adjusted to the nearest cent. In addition, Shares of any class of the Fund offered for sale by you may be subject to a contingent deferred sales charge as set forth in the Fund's then-current prospectus. You shall be entitled to receive any sales charge or contingent deferred sales charge in respect of the Shares. Any payments to dealers shall be governed by a separate agreement between you and such dealer and the Fund's then-current prospectus.

  • Sale Price For the sum of ($ ) payable as follows: ten thousand dollars ($10,000) down payment due immediately with the signing of this contract by the BUYER, with the remaining balance to be paid at closing. This contract is not assignable or contingent upon any appraisal, financing, or inspection.

  • Market Value Adjustment Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Settlement Price For any Valuation Date, the per Share volume-weighted average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page ATSG <equity> AQR (or any successor thereto) in respect of the period from the scheduled opening time of the Exchange to the Scheduled Closing Time on such Valuation Date (or if such volume-weighted average price is unavailable, the market value of one Share on such Valuation Date, as determined by the Calculation Agent). Notwithstanding the foregoing, if (i) any Expiration Date is a Disrupted Day and (ii) the Calculation Agent determines that such Expiration Date shall be an Expiration Date for fewer than the Daily Number of Warrants, as described above, then the Settlement Price for the relevant Valuation Date shall be the volume-weighted average price per Share on such Valuation Date on the Exchange, as determined by the Calculation Agent based on such sources as it deems appropriate using a volume-weighted methodology, for the portion of such Valuation Date for which the Calculation Agent determines there is no Market Disruption Event.