Common use of Price Determination Clause in Contracts

Price Determination. 3.1 The Purchase Price for Produce shall be either: (a) determined as an Agreed Price for the specific Produce: (1) in writing prior to Delivery to the Merchant; or (2) on Delivery to the Merchant; or (b) an amount calculated by a method or formula set out in the Schedule; as selected by the parties in the Schedule. 3.2 If clause 3.1(a) applies, the Agreed Price must be agreed by the Merchant and the Grower in writing. If there is no agreement upon price in respect of any Produce the relevant Produce shall be deemed to be rejected.

Appears in 15 contracts

Samples: Horticulture Produce Agreement, Horticulture Produce Agreement, Horticulture Produce Agreement

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Price Determination. 3.1 The Purchase Price for Produce shall be either: (a) determined as an Agreed Price for the specific Produce: (1) in writing prior to Delivery to the Merchant; or (2) on Delivery to the Merchant; or (b) an amount calculated by a method or formula set out in the Schedule; as selected by the parties in the Schedule. 3.2 If clause 3.1(a) applies, the Agreed Price must be agreed by the Merchant and the Grower in writing. If there is no agreement upon price in respect of any Produce the relevant Produce shall be deemed to be rejected.

Appears in 2 contracts

Samples: Horticulture Produce Agreement Merchant, Horticulture Produce Agreement

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Price Determination. 3.1 The Purchase Price for Produce shall be either: (a) : determined as an Agreed Price for the specific Produce: (1) : in writing prior to Delivery to the Merchant; or (2) or on Delivery to the Merchant; or (b) or an amount calculated by a method or formula set out in the Schedule; as selected by the parties in the Schedule. 3.2 . If clause 3.1(a) applies, the Agreed Price must be agreed by the Merchant and the Grower in writing. If there is no agreement upon price in respect of any Produce the relevant Produce shall be deemed to be rejected.

Appears in 2 contracts

Samples: Horticulture Produce Agreement, Horticulture Produce Agreement

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