PRICE DISCOUNTS Sample Clauses

PRICE DISCOUNTS. (a) The Base Price is based on coal meeting or exceeding the Guaranteed Monthly Weighted Average specifications as set forth in SECTION 6.1. Quality price discounts shall be applied for each specification each month to reflect failures to meet the Guaranteed Monthly Weighted Averages set forth in SECTION 6.1, as determined pursuant to SECTION 7.2, subject to the provisions set forth below. The discount values used are as follows: DISCOUNT VALUES --------------- $/MMB.T.U. ---------- B.T.U./LB. 0.2604 $/LB./MMB.T.U. -------------- SULFUR 0.1232 ASH 0.0083 MOISTURE 0.0016 (b) Notwithstanding the foregoing, for each specification each month, there shall be no discount if the actual Monthly Weighted Average meets the applicable Discount Point set forth below. However, if the actual Monthly Weighted Average fails to meet such applicable Discount Point, then the discount shall apply and shall be calculated on the basis of the difference between the actual Monthly Weighted Average AND THE GUARANTEED MONTHLY WEIGHTED AVERAGE pursuant to the methodology shown in Exhibit A attached hereto. CONTRACT #00-000-000 (i) KINDILL 1 RAW COAL ------------------- GUARANTEED MONTHLY WEIGHTED AVERAGE DISCOUNT POINT ------------------ -------------- SPECIFICATIONS --------------- B.T.U./lb. min. 10,900 10,700 LBS./MMB.T.U. ------------- Ash max. 13.76 15.50 Moisture max. 13.76 15.50 Sulfur max. 5.05 5.35 (ii) KINDILL 1 CLEAN COAL --------------------- GUARANTEED MONTHLY WEIGHTED AVERAGE DISCOUNT POINT ------------------ -------------- SPECIFICATIONS -------------- B.T.U./lb. min. 11,250 11,050 LBS./MMB.T.U. ------------- Ash max. 10.25 11.00 Moisture max. 11.75 12.25 Sulfur max 3.55 3.90 (iii) WHITE CHURCH COAL ----------------- GUARANTEED MONTHLY WEIGHTED AVERAGE DISCOUNT POINT ------------------ -------------- SPECIFICATIONS -------------- B.T.U./lb. min. 11,000 10,850 LBS./MMB.T.U. ------------- Ash max. 10.45 10.65 Moisture max. 11.82 12.00 Sulfur max. 3.18 3.22 CONTRACT #00-000-000 For example, for White Church Coal, if the actual Monthly Weighted Average of sulfur equals 3.3 lb/MMB.T.U., then the applicable discount would be (3.3 lb. - 3.18 lb.) X $0.1232/lb/MMB.T.U. = $.01478/MMB.T.U..
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PRICE DISCOUNTS. (a) The Base Price is based on coal meeting or exceeding the Guaranteed Monthly Weighted Average specifications as set forth in SECTION 6.1. Quality price discounts shall be applied for each specification each month to reflect failures to meet the Guaranteed Monthly Weighted Averages set forth in SECTION 6.1, as determined pursuant to SECTION 7.2, subject to the provisions set forth below. The discount values used are as follows: DISCOUNT VALUES ---------------- $/LB./MMBTU SULFUR 0.1250 ASH 0.0350 (b) Notwithstanding the foregoing, for each specification each month, there shall be no discount if the actual Monthly Weighted Average meets the applicable Discount Point set forth below. However, if the actual Monthly Weighted Average fails to meet such applicable Discount Point, then the discount shall apply. For sulfur, the discount shall be calculated on the basis of the difference between the actual Monthly Weighted Average AND THE GUARANTEED MONTHLY WEIGHTED AVERAGE pursuant to the methodology shown below. For ash, the discount CONTRACT #00-000-000 shall be calculated on the basis of the difference between the actual Monthly Weighted Average and the Discount Point. GUARANTEED MONTHLY WEIGHTED AVERAGE -------------------- DISCOUNT POINT -------------- LB/MMBTU: --------- SULFUR max. 3.75 4.00
Sample 1
PRICE DISCOUNTS. DISTRIBUTOR’S INITIAL PRODUCT DISCOUNT LEVEL SHALL BE DETERMINED BY SYMBOL BASED UPON DISTRIBUTOR’S PRODUCT MARKETING PLAN AND APPLICATION INFORMATION.
Sample 1Sample 2
PRICE DISCOUNTS. Provided Distributor makes timely payment for minimum purchases described hereinbelow, Distributor shall be entitled to a US $5.00 per unit discount of the Wholesale Price for all purchases ("Discount Price").
Sample 1
PRICE DISCOUNTS. The Procuring Agencies shall pay the prices contained in the ESS. Contractor shall in good faith negotiate other pricing and/or pricing discounts as appropriate, applicable and consistent with Contractor’s pricing policies and practices. Contractor agrees to maintain ESS Product prices in accordance with the percentage discounts off of Gateway’s Commercial List prices filed with the Agreement Administrator. Prices set forth in the ESS are subject to change without prior notice. Gateway will honor the volume discounts on file with the NMSPA.
Sample 1
PRICE DISCOUNTS. If a price discount is applicable for prompt payment, the discount period shall begin on the later of: (1) the date of Xxxxx's receipt of the Seller's conforming invoice; or (2) the date of the Buyer's receipt of the Goods.
Sample 1
PRICE DISCOUNTS. Prices, discounts, and other terms, if any, for the Products are set forth on Exhibit A. and are subject to change at any time, to take effect no sooner than the end of the Initial Term of this Agreement and following at least [Notice Period - Price Change] prior written notice by [Company].
Sample 1
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PRICE DISCOUNTS. (a) The Base Price is based on coal meeting or exceeding the Guaranteed Monthly and Quarterly Weighted Average specifications for the Louisville Gas and Electric generating stations and the Kentucky Utility generating stations, as set forth in Section 6.1. Quality price discounts shall be applied for each specification, separately for the Louisville Gas and Electric generating stations and for the Kentucky Utility generating stations, to reflect failures to meet the CONSOL ENERGY INC. LG&E CONTRACT #LGE 00010 KU CONTRACT #KUF00731 Guaranteed Monthly or Quarterly Weighted Averages set forth in Section 6.1, as determined pursuant to Section 7.2, subject to the provisions set forth below. The discount values used are as follows: MONTHLY DISCOUNT VALUES BTU/LB. $ 0.2604/MMBTU ASH $ 0.0083/LB/MMBTU MOISTURE$ 0.0016/LB/MMBTU QUARTERLY DISCOUNT VALUES SULFUR $ 0.1232/LB/MMBTU (b) Notwithstanding the foregoing, for each specification, there shall be no discount if the actual Monthly or Quarterly Weighted Average meets the applicable Discount Point set forth below. Actual Monthly and Quarterly Weighted Averages will be separately calculated for the Louisville Gas and Electric generating stations and for the Kentucky Utility generating stations. However, if the actual Monthly or Quarterly Weighted Average for the Louisville Gas and Electric generating stations and/or the Kentucky Utility generating stations fail to meet such applicable Discount Point, then the discount shall apply to and shall be calculated on the basis of the difference between the actual Monthly or Quarterly Weighted Average and the Guaranteed Monthly or Quarterly Weighted Average pursuant to the methodology shown in Exhibit A CONSOL ENERGY INC. LG&E CONTRACT #LGE 00010 KU CONTRACT #KUF00731 attached hereto. The discount will be applied only to the particular company whose actual Monthly or Quarterly Weighted Average failed to meet the Discount Points. GUARANTEED MONTHLY WEIGHTED AVERAGE DISCOUNT POINT BTU Min. 12,100 BTU/LB 11,900 BTU/LB ASH Max. 11.20 LB/MMBTU 00.00 XX/XXXXX MOISTURE Max. 5.60 LB/MMBTU 7.00 LB/MMBTU GUARANTEED QUARTERLY WEIGHTED AVERAGE DISCOUNT POINT SULFUR Max. 3.25 LB/MMBTU 3.25 LB/MMBTU For example, if the actual Monthly Weighted Average of ash equals 12.00 lb/MMBTU, then the applicable discount would be (12.00 lb. - 11.20 lb.) X $.0083/lb/MMBTU = $.00664/MMBTU. Section 8.3 PAYMENT CALCULATION Exhibit A attached hereto shows the methodology for calculating the coal payment a...
Sample 1

Related to PRICE DISCOUNTS

  • Volume Discounts Contractor may offer volume discounts. Volume discounts may be applied per order. Volume discounts shall be defined and applied as follows: Volume discounts shall be additional discounts applied to individual orders over a specified dollar amount.

  • Additional Discounts? Do you offer additional discounts to TIPS members for large order quantities or large scope of work? Yes Years in business as proposing company? Does the vendor have resellers that it will name under this contract? Resellers are defined as other companies that sell your products under an agreement with you, the awarded vendor of TIPS. EXAMPLE: BIGmart is a reseller of ACME brand televisions. If ACME were a TIPS awarded vendor, then ACME would list BIGmart as a reseller. (If applicable, Vendor should add all Authorized Resellers within the TIPS Vendor Portal upon award). No

  • PROMPT PAYMENT DISCOUNTS If a Contractor offers a discount for prompt payment, the Contractor shall include the terms of the discount on all invoices, the amounts which are due if the Authorized User meets the terms, and the number of days for which the prompt payment discount offer applies.

  • PAYMENT TERMS/DISCOUNTS The County’s payment terms are in accordance with Florida Statute 218, Local Government Prompt Payment Act. Cash discounts for prompt payment shall not be considered in determining the lowest net cost for bid evaluation purposes.

  • Quantity Discounts Contractor may offer additional discounts for one-time delivery of large single orders;

  • Price Differential a. On each Business Day that a Transaction is outstanding, the Pricing Rate shall be reset and, unless otherwise agreed, the accrued and unpaid Price Differential shall be settled in cash on each related Price Differential Payment Date. Two (2) Business Days prior to the Price Differential Payment Date, Buyer shall give Seller written or electronic notice of the amount of the Price Differential due on such Price Differential Payment Date. On the Price Differential Payment Date, Seller shall pay to Buyer the Price Differential for such Price Differential Payment Date (along with any other amounts to be paid pursuant to Sections 7 and 34 hereof), by wire transfer in immediately available funds. b. If Seller fails to pay all or part of the Price Differential by 3:00 p.m. (New York City time) on the related Price Differential Payment Date, with respect to any Purchased Mortgage Loan, Seller shall be obligated to pay to Buyer (in addition to, and together with, the amount of such Price Differential) interest on the unpaid Repurchase Price at a rate per annum equal to the Post Default Rate until the Price Differential is received in full by Buyer. c. Seller may remit to Buyer funds in an amount up to the outstanding Purchase Price of the Purchased Mortgage Loans, to be held as unsegregated cash margin and collateral for all Obligations under this Agreement (such amount, to the extent not applied to Obligations under this Agreement, the “Buydown Amount”). The Buydown Amount shall be used by Buyer in order to calculate the aggregate Price Differential, which will accrue on the aggregate Purchase Price then outstanding minus the Buydown Amount, applied to Transactions involving the lowest Pricing Rate. The Seller shall be entitled to request a drawdown of the Buydown Amount or remit additional funds to be added to the Buydown Amount no more than one time per week. Without limiting the generality of the foregoing, in the event that a Margin Call or other Default exists, the Buyer shall be entitled to use any or all of the Buydown Amount to cure such circumstance or otherwise exercise remedies available to the Buyer without prior notice to, or consent from, the Seller. Within two (2) Business Days’ receipt of written request from Seller, and provided no Margin Call or other Default exists, Buyer shall remit any portion of such Buydown Amount back to Seller.

  • Sale or Discount of Receivables Except for receivables obtained by the Borrower or any Subsidiary out of the ordinary course of business or the settlement of joint interest billing accounts in the ordinary course of business or discounts granted to settle collection of accounts receivable or the sale of defaulted accounts arising in the ordinary course of business in connection with the compromise or collection thereof and not in connection with any financing transaction, the Borrower will not, and will not permit any Subsidiary to, discount or sell (with or without recourse) any of its notes receivable or accounts receivable.

  • Discount In connection with any discount offered for early payment, time shall be computed from the date of the invoice. For the purpose of computing the discount earned, payment shall be considered to have been made on the date which appears on the payment check or the specified payment date if an electronic funds transfer payment is made.

  • Volume and Additional Discounts In addition to the Part 1 Minimum Percentage Discount proposed herein, does Vendor ever expect and intend to offer additional, greater, or volume discounts to TIPS Members? If proposing on Part 1, point(s) may be assigned for your response in the Part 1 category of "Pricing" during scoring and evaluation. If you are not proposing on Part 1, you must respond to proceed but no points will be assigned for your response. Yes

  • PRICE CEILING Although Contractor may offer lower prices to Purchasers, during the term of this Master Contract, Contractor guarantees to provide the Goods/Services at no greater than the prices set forth in Exhibit B – Prices for Goods/Services (subject to economic adjustment as set forth herein).

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