Changes in Prices Sample Clauses
The "Changes in Prices" clause establishes the conditions under which the prices specified in a contract may be adjusted during its term. Typically, this clause outlines the circumstances that justify a price change, such as fluctuations in material costs, changes in taxes, or regulatory updates, and may require one party to provide notice or documentation to support the adjustment. Its core function is to provide a clear mechanism for handling price variability, thereby protecting both parties from unforeseen cost increases or decreases and ensuring fairness and predictability in the contractual relationship.
Changes in Prices. The Purchase Order Price shall be based on the terms of Exhibit C and shall be fixed once the Purchase Order is accepted, subject to the Annual Pricing Adjustment set forth in Exhibit C. The limitation set forth in the immediately preceding sentence shall not preclude the application or collection of liquidated damages or other adjustments as expressly allowed under this Agreement.
Changes in Prices. Prices for Products and Services and/or Reseller Discounts may be changed by Arqit upon its sole discretion, upon thirty (30) days prior written notice to the Reseller (the "Notice Period"). Purchase Orders received before the Notice Period, and those received during the Notice Period which specify a delivery date within sixty (60) days following the effective date of a price increase will be invoiced to Reseller without regard to the price change.
Changes in Prices. Without prejudice to Purchaser’s rights under any provisions in this Agreement pertaining to Casualty Losses, with respect to the operational covenants in Article 9, the Purchaser shall assume all risk of Loss with respect to: (a) changes in commodity or product prices and any other market factors or conditions affecting the Membership Interests and the Acquired Assets from and after the Effective Time; (b) production declines or any adverse change in the production characteristics or downhole condition of any Well, including any well watering out, or experiencing a collapse in the casing or sand infiltration, before, on or after the Closing; and (c) depreciation of any of the Acquired Assets that constitute personal property through ordinary wear and tear, and none of the foregoing shall constitute Title Defects or otherwise give rise to any Claims by Purchaser before, on, or after the Closing.
Changes in Prices. PURCHASER ACKNOWLEDGES THAT IT SHALL ASSUME ALL RISK OF LOSS WITH RESPECT TO: (A) CHANGES IN COMMODITY OR PRODUCT PRICES AND ANY OTHER MARKET FACTORS OR CONDITIONS FROM AND AFTER THE EFFECTIVE TIME, AND (B) DEPRECIATION OF ANY ASSETS THROUGH ORDINARY WEAR AND TEAR.