Common use of Minimum Price Clause in Contracts

Minimum Price. The minimum base monthly prices for the duration of the term of this Agreement are set out in the table below (Minimum Price). At their request, the Supplier may receive an income estimate based on their historical supply curve or the Supplier’s forecast production. The income estimate will outline the minimum price plus any applicable Production, Quality & Milk Growth Incentive payments less any relevant charges to provide an estimate of income for the nominated supply period. Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Contract Pricing $/KG Fat 6.08 5.26 5.26 5.26 5.26 6.08 6.08 6.08 6.08 6.08 6.08 6.08 $/KG Protein 13.28 11.49 11.49 11.49 11.49 13.28 13.28 13.28 13.28 13.28 13.28 13.28 This is the lowest price Riverina Fresh will pay for Milk sold to Riverina Fresh provided such Milk meets the Milk Quality Standards.

Appears in 2 contracts

Samples: Exclusive Milk Supply Agreement, Non Exclusive Milk Supply Agreement

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Minimum Price. The minimum base monthly prices for the duration of the term of this Agreement are set out in the table below (Minimum Price). At their request, the Supplier may receive an income estimate based on their historical supply curve or the Supplier’s forecast production. The income estimate will outline the minimum price plus any applicable Production, Quality & Milk Growth Incentive payments less any relevant charges to provide an estimate of income for the nominated supply period. Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Contract 2-Year Pricing $/KG Fat 6.08 5.26 5.26 5.26 5.26 6.08 6.08 6.08 6.08 6.08 6.08 6.08 4.61 3.79 3.79 3.79 3.79 4.61 4.61 4.61 4.61 4.61 4.61 4.61 $/KG Protein 13.28 11.49 11.49 11.49 11.49 13.28 13.28 13.28 13.28 13.28 13.28 13.28 10.07 8.28 8.28 8.28 8.28 10.07 10.07 10.07 10.07 10.07 10.07 10.07 This is the lowest price Riverina Fresh will pay for Milk sold to Riverina Fresh provided such Milk meets the Milk Quality Standards.

Appears in 1 contract

Samples: Exclusive Milk Supply Agreement

Minimum Price. The minimum base monthly prices for the duration of the term of this Agreement are set out in the table below (Minimum Price). At their request, the Supplier may receive an income estimate based on their historical supply curve or the Supplier’s forecast production. The income estimate will outline the minimum price plus any applicable Production, Quality & Milk Growth Incentive payments less any relevant charges to provide an estimate of income for the nominated supply period. Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Contract Pricing $/KG Fat 6.08 5.26 5.26 5.26 5.26 6.08 6.08 6.08 6.08 6.08 6.08 6.08 5.95 5.13 5.13 5.13 5.13 5.95 5.95 5.95 5.95 5.95 5.95 5.95 $/KG Protein 13.28 11.49 11.49 11.49 11.49 13.28 13.28 13.28 13.28 13.28 13.28 13.28 12.99 11.20 11.20 11.20 11.20 12.99 12.99 12.99 12.99 12.99 12.99 12.99 This is the lowest price Riverina Fresh will pay for Milk sold to Riverina Fresh provided such Milk meets the Milk Quality Standards.

Appears in 1 contract

Samples: Non Exclusive Milk Supply Agreement

Minimum Price. The minimum base monthly prices for the duration of the term of this Agreement are set out in the table below (Minimum Price). At their request, the Supplier may receive an income estimate based on their historical supply curve or the Supplier’s forecast production. The income estimate will outline the minimum price plus any applicable Production, Quality & Milk Growth Incentive payments less any relevant charges to provide an estimate of income for the nominated supply period. Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Contract Pricing $/KG Fat 6.08 5.26 5.26 5.26 5.26 6.08 6.08 6.08 6.08 6.08 6.08 6.08 4.41 3.59 3.59 3.59 3.59 4.41 4.41 4.41 4.41 4.41 4.41 4.41 $/KG Protein 13.28 11.49 11.49 11.49 11.49 13.28 13.28 13.28 13.28 13.28 13.28 13.28 9.63 7.84 7.84 7.84 7.84 9.63 9.63 9.63 9.63 9.63 9.63 9.63 This is the lowest price Riverina Fresh will pay for Milk sold to Riverina Fresh provided such Milk meets the Milk Quality Standards.

Appears in 1 contract

Samples: Non Exclusive Milk Supply Agreement

Minimum Price. The minimum base monthly prices for the duration of the term of this Agreement are set out in the table below (Minimum Price). At their request, the Supplier may receive an income estimate based on their historical supply curve or the Supplier’s forecast production. The income estimate will outline the minimum price plus any applicable Production, Quality & Milk Growth Incentive payments less any relevant charges to provide an estimate of income for the nominated supply period. Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Contract Pricing $/KG Fat 6.08 5.26 5.26 5.26 5.26 6.08 6.08 6.08 6.08 6.08 6.08 6.08 5.32 4.50 4.50 4.50 4.50 5.32 5.32 5.32 5.32 5.32 5.32 5.32 $/KG Protein 13.28 11.49 11.49 11.49 11.49 13.28 13.28 13.28 13.28 13.28 13.28 13.28 11.60 9.81 9.81 9.81 9.81 11.60 11.60 11.60 11.60 11.60 11.60 11.60 This is the lowest price Riverina Fresh will pay for Milk sold to Riverina Fresh provided such Milk meets the Milk Quality Standards.

Appears in 1 contract

Samples: Non Exclusive Milk Supply Agreement

Minimum Price. The minimum base monthly prices for the duration of the term of this Agreement are set out in the table below (Minimum Price). At their request, the Supplier may receive an income estimate based on their historical supply curve or the Supplier’s forecast production. The income estimate will outline the minimum price plus any applicable Production, Quality & Milk Growth Incentive payments less any relevant charges to provide an estimate of income for the nominated supply period. Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Contract Pricing $/KG Fat 6.08 5.26 5.26 5.26 5.26 6.08 6.08 6.08 6.08 6.08 6.08 6.08 4.67 3.85 3.85 3.85 3.85 4.67 4.67 4.67 4.67 4.67 4.67 4.67 $/KG Protein 13.28 11.49 11.49 11.49 11.49 13.28 13.28 13.28 13.28 13.28 13.28 13.28 10.20 8.41 8.41 8.41 8.41 10.20 10.20 10.20 10.20 10.20 10.20 10.20 This is the lowest price Riverina Fresh will pay for Milk sold to Riverina Fresh provided such Milk meets the Milk Quality Standards.

Appears in 1 contract

Samples: Exclusive Milk Supply Agreement

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Minimum Price. The minimum base monthly prices for the duration of the term of this Agreement are set out in the table below (Minimum Price). At their request, the Supplier may receive an income estimate based on their historical supply curve or the Supplier’s forecast production. The income estimate will outline the minimum price plus any applicable Production, Quality & Milk Growth Incentive payments less any relevant charges to provide an estimate of income for the nominated supply period. Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Contract Pricing $/KG Fat 6.08 5.26 5.26 5.26 5.26 6.08 6.08 6.08 6.08 6.08 6.08 6.08 5.77 4.95 4.95 4.95 4.95 5.77 5.77 5.77 5.77 5.77 5.77 5.77 $/KG Protein 13.28 11.49 11.49 11.49 11.49 13.28 13.28 13.28 13.28 13.28 13.28 13.28 12.61 10.82 10.82 10.82 10.82 12.61 12.61 12.61 12.61 12.61 12.61 12.61 This is the lowest price Riverina Fresh will pay for Milk sold to Riverina Fresh provided such Milk meets the Milk Quality Standards.

Appears in 1 contract

Samples: Non Exclusive Milk Supply Agreement

Minimum Price. The minimum base monthly prices for the duration of the term of this Agreement are set out in the table below (Minimum Price). At their request, the Supplier may receive an income estimate based on their historical supply curve or the Supplier’s forecast production. The income estimate will outline the minimum price plus any applicable Production, Quality & Milk Growth Incentive payments less any relevant charges to provide an estimate of income for the nominated supply period. Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Contract Pricing $/KG Fat 6.08 5.26 5.26 5.26 5.26 6.08 6.08 6.08 6.08 6.08 6.08 6.08 5.46 4.64 4.64 4.64 4.64 5.46 5.46 5.46 5.46 5.46 5.46 5.46 $/KG Protein 13.28 11.49 11.49 11.49 11.49 13.28 13.28 13.28 13.28 13.28 13.28 13.28 11.90 10.11 10.11 10.11 10.11 11.90 11.90 11.90 11.90 11.90 11.90 11.90 This is the lowest price Riverina Fresh will pay for Milk sold to Riverina Fresh provided such Milk meets the Milk Quality Standards.

Appears in 1 contract

Samples: Exclusive Milk Supply Agreement

Minimum Price. The minimum base monthly prices for the duration of the term of this Agreement are set out in the table below (Minimum Price). At their request, the Supplier may receive an income estimate based on their historical supply curve or the Supplier’s forecast production. The income estimate will outline the minimum price plus any applicable Production, Quality & Milk Growth Incentive payments less any relevant charges to provide an estimate of income for the nominated supply period. Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Contract 2-Year Pricing $/KG Fat 6.08 5.26 5.26 5.26 5.26 6.08 6.08 6.08 6.08 6.08 6.08 6.08 4.35 3.53 3.53 3.53 3.53 4.35 4.35 4.35 4.35 4.35 4.35 4.35 $/KG Protein 13.28 11.49 11.49 11.49 11.49 13.28 13.28 13.28 13.28 13.28 13.28 13.28 9.50 7.71 7.71 7.71 7.71 9.50 9.50 9.50 9.50 9.50 9.50 9.50 This is the lowest price Riverina Fresh will pay for Milk sold to Riverina Fresh provided such Milk meets the Milk Quality Standards.

Appears in 1 contract

Samples: Non Exclusive Milk Supply Agreement

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