Milk Price Adjustments Sample Clauses

Milk Price Adjustments. (a) Milk Price Increases We will review the Monthly Minimum Prices throughout the Term. Where market conditions are conducive to a price increase, we may, during the Term, announce the payment of a: • Step Up – which is an additional payment that is paid to you for all Milk you have supplied to us during a specified period of the relevant Financial Year prior to our announcement; and/or • Price Increase – which is an additional payment that is paid to you for all Milk you have supplied to us during that specified period of the relevant Financial Year after our announcement. We will notify you in writing of any Step Up and/or Price Increase.
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Milk Price Adjustments. (a) Step-Ups You will be eligible to receive any Step-Ups that we publicly announce and notify you of in writing. The amount of the Step-Up will be specified in our notice and the Step-Up will be paid on all Milk you supply during the specified period stated in the notice. A Step-Up is an additional payment and does not form part of the Monthly Minimum Price.
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Milk Price Adjustments. (a) Milk Price Increases Bega will review milk prices throughout the Term. Where market conditions are conducive to a price increase, Bega may, during the Term, announce the payment of a: • Step Up – which is an additional payment that is paid to the Supplier for all Milk the Supplier has supplied to Bega during a period of the Term prior to Bega’s announcement; and/or • Price Increase – which is an additional payment that is paid to the Supplier for all Milk the Supplier has supplied to Bega during a period of the Term after Bega’s announcement. Bega will notify the Supplier in writing of any Step Up and/or Price Increase.
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Milk Price Adjustments. (a) Milk Price Increases Tatura will review milk prices throughout the Term. Where market conditions are conducive to a price increase, Tatura may, during the Term, announce the payment of a: • Step Up – which is an additional payment that is paid to the Supplier for all Milk the Supplier has supplied to Tatura during a period of the Term prior to Tatura’s announcement; and/or • Price Increase – which is an additional payment that is paid to the Supplier for all Milk the Supplier has supplied to Tatura during a period of the Term after Tatura’s announcement. Tatura will notify the Supplier in writing of any Step Up and/or Price Increase.
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Milk Price Adjustments. (a) Milk Price Increases Bega will review milk prices throughout the Term. Where market conditions are conducive to a price increase, Bega may, during the Term, announce the payment of a: • Step Up – which is an additional payment that is paid to the Supplier for all Milk the Supplier has supplied to Bega during a period of the Term prior to Bega’s announcement; and/or • Price Increase – which is an additional payment that is paid to the Supplier for all Milk the Supplier has supplied to Bega during a period of the Term after Bega’s announcement. Given that the payment of a Step Up and/or Price Increase will constitute a variation to the terms of this Agreement, the Mandatory Dairy Code requires the Supplier to agree to the payment of the Step Up and/or Price Increase. Bega will notify the Supplier in writing of any offer to pay a Step Up and/or Price Increase and provide instructions to the Supplier at the same time as to how the Supplier can agree to the Step Up and/or Price Increase. If there is a Sharefarmer Supplier, both the Bega Supplier and any Sharefarmer Supplier must agree to the Step Up and/or Price Increase.
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Related to Milk Price Adjustments

  • Price Adjustments 17.1 Prices for Goods/Services supplied in terms of this Agreement shall be subject to review as indicated in the Schedule of Requirements/Works Order annexed hereto.

  • Price Adjustment Civil works contracts of long duration (more than 18 months) shall contain an appropriate price adjustment clause.

  • Contract Price Adjustment The basis upon which the Contract Price shall be adjusted is as set out in paragraph 9.2 of Schedule IVB.

  • Purchase Price Adjustment (a) Not later than five Business Days prior to the Closing Date, the Contributor Parties shall prepare in good faith and deliver to Acquiror a preliminary settlement statement (the “Estimated Adjustment Statement”) setting forth (i) an estimated combined balance sheet of the Compression Group Entities as of the Closing Date, which balance sheet will be prepared in accordance with GAAP, applied consistently with the Contributor Parties’ past practices (including its preparation of the Unaudited Financial Statements) (the “Estimated Closing Date Balance Sheet”) based on the most recent financial information of the Compression Group Entities reasonably available to the Contributor Parties and the Contributor Parties’ reasonable estimates with respect to the assets, liabilities and members’ equity of the Compression Group Entities as of the Closing Date, (ii) a calculation of the difference, if any, between the Net Working Capital shown on the Estimated Closing Date Balance Sheet (the “Estimated Net Working Capital”) and the Net Working Capital Threshold, (iii) a calculation of the Debt shown on the Estimated Closing Date Balance Sheet (the “Estimated Closing Date Debt”), (iv) a calculation of the Cash shown on the Estimated Closing Date Balance Sheet (the “Estimated Closing Date Cash Amount”) and (v) a calculation of the estimated Purchase Price Adjustment Amount. Acquiror shall have the right, following Acquiror’s receipt of the Estimated Adjustment Statement, to object thereto by delivering written notice to ETP, on behalf of the Contributor Parties, no later than two Business Days before the Closing Date. To the extent Acquiror timely objects to the Estimated Adjustment Statement (or any component thereof), Acquiror and ETP, on behalf of the Contributor Parties, shall enter into good faith negotiations and attempt to resolve any such objection; provided, however, that if Acquiror and ETP, on behalf of the Contributor Parties, are unable to resolve such objection prior to the Closing Date, then the Contributor Parties’ calculations as reflected in the Estimated Adjustment Statement shall control solely for purposes of the payments to be made at Closing. To the extent Acquiror and ETP, on behalf of the Contributor Parties, resolve any such objection prior to the Closing, then the Parties shall jointly agree on a revised Estimated Adjustment Statement that shall control solely for purposes of the payments to be made at the Closing. The estimated Purchase Price Adjustment Amount that controls for purposes of the payments to be made at the Closing is referred to herein as the “Estimated Purchase Price Adjustment Amount.”

  • ECONOMIC PRICE ADJUSTMENT is the adjustment to the Aircraft Basic Price (Base Airframe, Engine and Special Features) as calculated pursuant to Exhibit D.

  • Cost Adjustments Both parties agree that contracted prices shall be fixed for the first 12 months of this Contract. Contractor must submit to District any proposed cost adjustments at least 60 days before the proposed effective date of such increases with a detailed explanation for each adjustment. District alone reserves the right to reject any changes to this Contract it deems unacceptable.

  • Market Adjustments 22. Neither this Article nor any other in this Collective Agreement prevents the Employer from using other funds to increase a Member’s salary in response to offers received from other employers or to accommodate other market forces.

  • Contingent Price Adjustment It is the policy of the State of Oregon that unprocessed timber shall not be exported from lands owned or managed by the STATE or any of its political subdivisions or agencies, in accordance with the terms of current federal law and the Constitution and the laws of the State of Oregon. PURCHASER specifically agrees that Section 1 is a material term of this contract and is part of the consideration offered to STATE in return for STATE's performance. In the event that any federal law or state constitutional provision or law or any provision of this contract concerning export of unprocessed timber is declared invalid by any court or administrative tribunal, PURCHASER agrees to pay to STATE a contingent price in the amount of the difference between the purchase price set forth in this section and the price obtained by PURCHASER for the exported unprocessed timber. The default provisions of OAR 629-032-0000 through 629-032-0070 shall not apply to exported unprocessed timber. In the event that timber made available under this contract is exported in violation of this contract, PURCHASER shall be in material breach of the contract. STATE shall be entitled to cease performance of the contract and recover, in addition to the adjusted price set out above, a further sum estimated to compensate for administrative expense and the economic impact of the violation upon the State and its citizens. In no case shall this additional amount be less than $10,000 per incident.

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