Price Adjustment Mechanism Sample Clauses
Price Adjustment Mechanism. 17.4.1 The Contract Price as per GCC shall remain Firm for the first 12 months from date of commencement of the contract and no claims for contract price adjustment will be considered for the first 12 months’ subject to the provisions in the price schedule.
17.4.2 Subject to 8.11.1. Above, Contract Price Adjustment will be applicable as from commencement of the 13 month of the contract. Contractors shall be entitled to claim contract price adjustment as follows:
Price Adjustment Mechanism. On each Calculation Date, the Base Commodity Price per unit of weight shall be subtracted from the Current Commodity Price per unit of weight. The resulting difference shall be multiplied by the percentage content by weight of the Commodity contained in the Product (using the same unit of weight used in the Current Commodity Price). The resulting product shall be added to the then-current Product price. The resulting sum shall be the new Product price. This process shall be repeated for each Commodity if there is more than one. A summation of all price changes for an assembly will be combined for the total change in Product price. Production parts will be multiplied by a [*] factor to determine the applicable price adjustment. Service parts for these parts will be multiplied by a factor of [*]. For the avoidance of doubt, any change in the Current Commodity Price from the Base Commodity Price will trigger a price adjustment. An indication of a change up or down coming in January will be provided by Seller to Caterpillar prior to October 1. Exception to Price Adjustment Mechanism . An exception to the previously described price adjustment methodology is for the [*] drive motors. Seller increases or decreases with the drive motor costs will be passed through at the time of motor increase or decrease for the duration of the Term. The [*] quote and invoice will be used as proof that part pricing changes are warranted. . The price adjustments for primary components are covered above with one additional method allowed for service part pricing. This method is for any other service parts that fall below a [*] margin level. Those parts will be subject to an annual one time price adjustment to meet the minimum requirements during the Pricing Agreement. The parts for adjustment January 1, 2018 are as follows: [*] Indicates portions of this exhibit that have been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.] Page 2 of 5 ASV PIN Cat PIN Description Base Price New Price 0000-000 000-0000 SEAL INTERNAL END [*] [*] 0000-000 000-0000 RETAINER INNER 53MM [*] [*] 0000-000 000-0000 ASSY HUB SPOOL 10" [*] [*] 0000-000 000-0000 RETAINER SEAL INNER [*] [*] 0000-000 000-0000 WLMT, TENSIONER END, W/HOLE [*] [*] 0000-000 000-0000 WASHER, 4.41x2.00x.104 [*] [*] 0000-000 000-0000 SPROCKET, MACHINED, THICK [*] [*] 0000-000 000-0000 LOCK, AXLE, CARRIAGE [*] [*] 0000-000 000-0000 WLMT RAIL SINGLE LEVEL [*] [*]...
Price Adjustment Mechanism. Beginning July 1, 2023 and each six (6) month period thereafter during the Term (each a “Price Adjustment Date”), Contractor shall apply the price adjustment mechanism that is set forth in Exhibit D (the “XXX”) to the Services set forth in Exhibit A. The Parties shall enter into an amendment to this Agreement to reflect the application of any price adjustments which shall be applied retroactively to all Services performed on and after the Price Adjustment Date.
Price Adjustment Mechanism. The Consideration shall be reduced by 10% in an event where the Target Company’s revenue or profit, as the case may be, is lower by 20% or more but less than 50% as a result of the financial due diligence exercise conducted by the Company as compared to the Target Company’s audited accounts for the financial year ended 31 December 2015. The aforesaid conditions are measures of prudence taken by the Company in light of the different accounting standards between Singapore and Malaysia and the need for consolidation of the financial accounts of the Target Company and the Company should the Proposed Acquisition proceed.
Price Adjustment Mechanism. The above PLZ Transfer Consideration, Cutlite Transfer Consideration and Cutlite Subscription Consideration are subject to a price adjustment mechanism linked to the financial results of PLZ and Cutlite for the years of 2025, 2026 and 2027. Details of the target financial results of PLZ and Cutlite for the years of 2025, 2026 and 2027 shall be further discussed and agreed by the Company and El.En., and shall be set out in the relevant Acquisition Agreement(s) (collectively, the “Target Financial Results”). If any of the PLZ and Cutlite Target Financial Results is not achieved, El.En. shall procure Ot- las to refund to the Company an amount equivalent to 5% of the total consideration paid by the Company for the PLZ Transfer, the Cutlite Transfer and the Cutlite Subscription.
Price Adjustment Mechanism. All Years Subsequent to 2006
Price Adjustment Mechanism. 8.7.1 The Contract Price as per GCC shall remain Firm for the first 36 months/year 1 to year 3 (from date of commencement of tender) and no claims for contract price adjustment will be considered for the first 36 months of the contract period subject to the provisions in the price schedule.
8.7.2 Subject to 8.7.1. Above, Contract Price Adjustment will be applicable as from commencement of the 37 month of the contract period. Suppliers shall be entitled to claim contract price adjustment as follows: • 90% of the tendered price will be subject to adjustment annually based on the average Consumer Price Index (CPI) as follows: • 10% of the tendered price will be Fixed and not subject to adjustment for the duration of contract From start of 37th month to the end of the 48th month: Subject to contract price adjustment in accordance with the Consumer Price Index . Base month for the price adjustment shall be two (2) calendar months prior to the 36th month. From start of 49th month to end of the contract: Subject to the contract price adjustment in accordance with the Consumer Price Index . Base month for the price adjustment shall be two (2) calendar months prior to the 48th month. Requests must be submitted at least two (2) calendar months before municipal financial year end 30th June. The average CPI calculated, the base month to the end month (both included) divided by the number of months.
8.7.3 The claim will be based on the average between the “base month” and the “end month”
Price Adjustment Mechanism. Bag - [*] Adjustment
Price Adjustment Mechanism. Axtel has the right to perform a special Due Diligence six months following the execution of the Master Agreement in order to validate the price paid by Axtel for the Transaction. - If Axtel finds an element that affects the price paid for the Transaction, the Contract establishes a procedure for price adjustment.
Price Adjustment Mechanism. During the term of the Contract, if the operation cost has significant changes or if there are others factors having significant influence on price, the follow-up price may be adjusted after common negotiation of both Parties, computation by third party and approval by municipal government:
1. The address of rubbish treatment plant is changed during the term of the Contract;
2. According to requirements of municipal government, operation standards and frequency of Party B are greatly raised compared to the original operation standard, which significantly increase the operation costs of Party B.