Monthly Minimum Price Justification Sample Clauses

Monthly Minimum Price Justification. Bega’s Monthly Minimum Prices are determined taking into account the following critical inputs: • financial returns from Australian and international dairy markets and price trends; • Australian dollar commodity exchange rates (especially against the US dollar, Yen and Euro); • the milk production forecasts for the relevant supply region accounting for climatic and farm sustainability conditions in each region; • competition for milk in the relevant supply region; and • the internal product mix, customer contracts and operational efficiencies across the Bega Cheese Group. Once determined, the Monthly Minimum Prices are then transposed into our payment system for the relevant supply region. The Monthly Minimum Prices payable to Exclusive Suppliers under this Agreement include a premium for supply to us on an exclusive basis. Entry by Suppliers into exclusive (as opposed to non-exclusive) milk supply agreements provides us with greater certainty in terms of the total volume of milk to be supplied in each Applicable Milk Supply Region. This increased certainty of supply assists our ability to meet our commitments to our customers and therefore facilitates our ability to offer a higher price to Suppliers who are prepared to enter into exclusive milk supply agreements.
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Monthly Minimum Price Justification. Bega’s Monthly Minimum Prices are determined taking into account the following critical inputs: • financial returns from Australian and international dairy markets and price trends; • Australian dollar exchange rates (especially against the US dollar, Yen and Euro); • the milk production forecasts for the relevant supply region accounting for climatic and farm sustainability conditions in each region; • competition for milk in the relevant supply region; and • the internal product mix, customer contracts and operational efficiencies across the Bega Cheese Group. Once determined, the Monthly Minimum Prices are then transposed into our payment system for the relevant supply region.
Sample 1Sample 2Sample 3See All (10)
Monthly Minimum Price Justification. Bega’s Monthly Minimum Prices are determined taking into account the following critical inputs: • financial returns from Australian and international dairy markets and price trends; • Australian dollar commodity exchange rates (especially against the US dollar, Yen and Euro); • the milk production forecasts for the relevant supply region accounting for climatic and farm sustainability conditions in each region; • competition for milk in the relevant supply region; and • the internal product mix, customer contracts and operational efficiencies across the Bega Cheese Group (i.e. including Bega, Tatura Milk Industries Pty Ltd and Bega Dairy and Drinks Pty Ltd). Once determined, the Monthly Minimum Prices are then transposed into Bega’s payment systems for the relevant supply region.
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Monthly Minimum Price Justification. Tatura’s Monthly Minimum Prices are determined taking into account the following critical inputs: • financial returns from Australian and international dairy markets and price trends; • Australian dollar commodity exchange rates (especially against the US dollar, Yen and Euro); • the milk production forecasts for the relevant supply region accounting for climatic and farm sustainability conditions in each region; • competition for milk in the relevant supply region; and • the internal product mix, customer contracts and operational efficiencies across the Bega Cheese Group (i.e. including Bega Cheese Limited, Tatura and Bega Dairy and Drinks Pty Ltd). Once determined, the Monthly Minimum Prices are then transposed into Tatura’s payment systems for the relevant supply region.
Sample 1Sample 2Sample 3See All (4)
Monthly Minimum Price Justification. Tatura’s Monthly Minimum Prices are determined taking into account the following critical inputs: • financial returns from Australian and international dairy markets and price trends; • Australian dollar commodity exchange rates (especially against the US dollar, Yen and Euro); • the milk production forecasts for the relevant supply region accounting for climatic and farm sustainability conditions in each region; • competition for milk in the relevant supply region; and • the internal product mix, customer contracts and operational efficiencies across the Bega Group (i.e. including Bega and Tatura). Once determined, the Monthly Minimum Prices are then transposed into Tatura’s payment systems for the relevant supply region.
Sample 1

Related to Monthly Minimum Price Justification

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

  • CONTRACT PRICE/PRICE LIMITATION/ PAYMENT 5.1 The contract price, method of payment, and terms of payment are identified and more particularly described in EXHIBIT C which is incorporated herein by reference.

  • Requesting Price Increase/Required Documentation Contractor must submit a written notification at least thirty (30) calendar days prior to the requested effective date of the change, setting the amount of the increase, along with an itemized list of any increased prices, showing the Contractor’s current price, revised price, the actual dollar difference and the percentage of the price increase by line item. Price change requests must include H-GAC Forms D Offered Item Pricing and E Options Pricing, or the documentation used to submit pricing in the original Response and be supported with substantive documentation (e.g. manufacturer's price increase notices, copies of invoices from suppliers, etc.) clearly showing that Contractor's actual costs have increased per the applicable line item bid. The Producer Price Index (PPI) may be used as partial justification, subject to approval by H-GAC, but no price increase based solely on an increase in the PPI will be allowed. This documentation should be submitted in Excel format to facilitate analysis and updating of the website. The letter and documentation must be sent to the Bids and Specifications manager, Xxxxxxx Xxxxxx, at Xxxxxxx.Xxxxxx@x-xxx.xxx Review/Approval of Requests If H-GAC approves the price increase, Contractor will be notified in writing; no price increase will be effective until Contractor receives this notice. If H-GAC does not approve Contractor’s price increase, Contractor may terminate its performance upon sixty (60) days advance written notice to H-GAC, however Contractor must fulfill any outstanding Purchase Orders. Termination of performance is Contractor’s only remedy if H-GAC does not approve the price increase. H-GAC reserves the right to accept or reject any price change request.

  • Price Schedule, Payment Terms and Billing, and Price Adjustments (a) Price Schedule: Price Schedule under this Contract is set forth in Exhibit B.

  • Guaranteed Maximum Price (GMP Construction Manager guarantees that it shall not exceed a Guaranteed Maximum Price (GMP) of Three Hundred Twenty-Three Thousand, Nine Hundred Four Dollars ($323,904.00) for the identified Sub-Project.

  • Monthly Billing The electric service charge shall be computed in accordance with the monthly billing in the applicable standard service tariff. Customers receiving electric service under residential and small nonresidential schedules 1, 2, 3, 15, 23 or 23B shall be financially credited for such net energy with a cumulative kilowatt-hour credit. The credit will be deducted from the customer’s kilowatt-hour usage on the customer’s next monthly xxxx thus offsetting the customer’s next monthly xxxx at the full retail rate of the customer’s rate schedule. Customers receiving electric service under large nonresidential schedules 6, 6A, 6B, 8 or 10 must elect a compensation method to receive cumulative credits for the upcoming annualized billing period from one of the following options (large nonresidential customers must initial desired credit election): an average energy price, a seasonally differentiated energy price, or an average retail rate.

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