Common use of CHANGES IN QUOTATIONS Clause in Contracts

CHANGES IN QUOTATIONS. The quotations of the metals specified under this Agreement are those actually in general use to establish the price of metallic contents in concentrates. Should any of these quotations cease to exist or cease to be published or cease to be internationally recognized as the basis to calculate ore and/or concentrate contracts, or should they fail to reflect the real value of the metals in the markets, then (at the request of any of the parties), Buyer and Seller shall get together and mutually consult with the aim to agree on a new basis and price, and a date to execute same. The basic objective shall be the continuity of a fair price.

Appears in 3 contracts

Samples: Marketing, Logistics and Working Capital Agreement (Li-Cycle Holdings Corp.), Refined Products—marketing, Logistics and Working Capital Agreement (Li-Cycle Holdings Corp.), Refined Products—marketing, Logistics and Working Capital Agreement (Li-Cycle Holdings Corp.)

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CHANGES IN QUOTATIONS. The quotations of the metals specified under this Agreement agreement are those actually in general use to establish the price of metallic contents in concentrates. Should any of these quotations cease to exist or cease to be published or cease to be internationally recognized as the basis to calculate ore and/or concentrate contracts, or should they fail to reflect the real value of the metals in the markets, then (at the request of any of the parties), Buyer and Seller shall get together and mutually consult with the aim to agree on a new basis and price, and a date to execute same. The basic objective shall be the continuity of a fair price.

Appears in 1 contract

Samples: Marketing, Logistics and Working Capital Agreement (Li-Cycle Holdings Corp.)

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CHANGES IN QUOTATIONS. The quotations of the metals specified under clause 7.1 (Benchmark Prices) of this Agreement are those actually currently in general use to establish the price of metallic contents in concentrates. Should any of these quotations cease to exist or cease to be published or cease to be internationally recognized as the basis to calculate ore and/or concentrate contracts, or should they fail to reflect the real value of the metals in the markets, then (at the request of any of the partiesParties), Buyer and Seller shall get together and mutually consult with the aim to agree on a new basis and pricequotations of such metals, and a date to execute same. The basic objective shall be the continuity of a fair price.

Appears in 1 contract

Samples: Marketing, Logistics and Working Capital Agreement (Li-Cycle Holdings Corp.)

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