PRICING PRINCIPLE. 3.1 The pricing for construction installation and engineering design services under this Agreement shall be determined in accordance with the Market Price (including the bidding price).
3.2 The financial services under this Agreement shall be decided based on the following principles:
3.2.1 for deposits and loans:
a) the interest rate for the deposit of Party A with Party B shall be no lower than the minimum interest rate as provided by the People’s Bank of China for deposits of the same type;
b) the interest rate for the loan provided by Party B to Party A shall be no higher than the maximum interest rate as provided by the People’s Bank of China for loans of the same type;
3.2.2 for paid services:
a) Party B currently provides Party A with paid services in connection with financial leases, acceptance of xxxx or xxxx discount and/or security, etc.;
b) The commission charged by Party B to Party A for the financial services set forth in Article 3.2.2
(a) shall comply with relevant provisions regarding the standard rates as stipulated by the People’s Bank of China or the China Banking Regulatory Commission (if any).
3.2.3 for services free of charge: Currently the service provided by Party B to Party A free of charge include collecting relevant payments and bills, settlement services and provision of financial information.
PRICING PRINCIPLE. 4.1 Seller’s quotation confirmed by both Parties shall solely apply. Additional services will be invoiced separately.
4.2 Unless otherwise specified, all prices are quoted as Contract value including value added tax.
4.3 All prices quoted are based on Seller’s current Product specifications and any changes or additions to those specification require Seller’s prior written approval. All prices are based on the associated quantity levels by number per order unless otherwise agreed to by the Parties.
PRICING PRINCIPLE. 3.1 The pricing and/or charging standard under this Agreement shall be governed by the principle in this provision and in the following order: those that are fixed by the State shall follow the government-fixed price; those that have government guidance price shall follow the said guidance price; those that have no fixed price nor government guidance price yet have a market price shall follow the market price; those that none of the above said is applicable shall follow the pricing method agreed upon by both Parties, however, the said pricing method shall be calculated with regard to the reasonable cost and reasonable profit of the service, whereby “reasonable cost” means the cost agreed by both Parties. The “government-fixed price” follows the Pricing Law of the People’s Republic of China, which is set by the governmental pricing department or other related departments based on the pricing limits and range. The “government guidance price” follows the Pricing Law of the People’s Republic of China, which provides guidance to business operators by the governmental pricing department or other related departments based on the pricing limits, basic price range and its floating range. The “market price” means the price determined by the business operator and attained through market competition. The market price shall be determined by the following order: (1) the rate charged by any independent third party providing the same kind of service in the same or surrounding area under normal
PRICING PRINCIPLE. 2.1 The pricing and/or charging standards for peripheral telecom service under this appendix shall be set based on the market price. If the market price is not available or unable to determine, it shall be determined based on the negotiated price by the Parties.
(1) Market price refers to the market price or charging standard applicable to the same or similar assets or services provided by an independent third party under normal commercial terms.
(2) Negotiated price refers to the price determined based on the reasonable cost plus the tax paid in the leasing link and reasonable profit.
(3) While determining the price standard or reasonable profit, the management, where practicable and feasible, should refer to at least two concurrent similar comparable transactions made with independent third parties or relevant industry profit rates.
2.2 The specific amount of service fees under this Appendix shall be calculated pursuant to the relevant accounting principles applied in China from time to time (if applicable).
2.3 Party A and Party B shall review the pricing standards of every service and facility provided according to this Appendix for the next accounting year before December 31 of every year (if necessary).
2.4 Party A and Party B are expected to sign specific execution documents as needed concerning certain service provision. The execution documents shall specify the services required by Party B and the binding principles, norms, and terms and conditions under this Appendix.
PRICING PRINCIPLE. 3.1 The pricing or charging standard under this Agreement shall be governed by the principle in this provision and in the following order: those that are fixed by the State shall follow the government-fixed price; those that have government guidance price shall follow the said guidance price; those that have no fixed price nor government guidance price yet have a market price shall follow the market price; those that none of the above said is applicable shall follow the pricing method agreed upon by both parties, however, the said pricing method shall be calculated with regard to the reasonable cost and reasonable profit of the service, whereby "reasonable cost" means the cost agreed by both parties. The "State Rate" follows the Pricing Law of the People's Republic of China, which is set by the governmental pricing department or other related departments based on the pricing limits and range. The "government guidance price" follows the Pricing Law of the People's Republic of China, which provides guidance to business operators by the governmental pricing department or other related departments based on the pricing limits, basic price range and its floating range.
PRICING PRINCIPLE. 2.1 Except the situation described in Article 2.2, the pricing and/or charging standards for engineering design and construction service under this Appendix, shall be set in accordance with the market price. Market price refers to the market price or charging standard applicable to the same or similar products or services provided by an independent third party under normal commercial terms. While determining the price standard, the management, where practicable and feasible, should refer to at least two concurrent similar comparable transactions made with independent third parties.
2.2 The receiving party shall decide the specific provider of engineering design and construction service by means of bidding. The qualifications and conditions of the provider shall be no lower than an independent third party, and is in an equal position with the independent third party to engage in the bidding. In this case, the pricing shall be determined based on the final price confirmed by the bidding and tendering procedure.
PRICING PRINCIPLE. 2.1 For deposit: The interest rate for the deposit taken from Party A by Party B or its subsidiaries should not exceed the interest ceiling set by the People’s Bank of China (PBC) for such type of deposit, should not be higher than that set for the deposit of the same type from other customers by Party B or its subsidiaries, as well as should be no higher than the interest rate paid to Party A for the deposit of the same type by general commercial banks.
PRICING PRINCIPLE. 3.1 Except for the cases specified in Clause 3.2 of this section, all price and/or charging standard under the Agreement shall be determined with the reference to the market price. The “market price” means the rate determined by the business operator and attained through market competition. The market rate shall be determined by the following order: (1) the rate charged by any independent third party providing the same kind of services in the same or surrounding area under normal situation; or (2) the rate charged by any independent third party providing the same kind of services within the PRC under normal situation.
3.2 Both Parties have agreed that when the value of any project designing or project supervision services exceeds RMB five hundred thousand (500,000), or when the value of any project construction services exceeds RMB two million (2,000,000), then the price to be determined by invitation for tenders will be used as the basis of pricing. In addition, in regard to the pricing and/or charging standard of other services under this Agreement, the price determined by invitation for tenders (i.e.: the price that is determined by the way of open invitation of bidding in accordance with the Law of the People’s Republic of China on Bid Invitation and Bidding and other regulations and rules) will be used as the basis of pricing. In the above said bid invitation, there should be at least three (3) or more service providers present in the bidding, and Netcom Group shall not be given any preferential treatment by CNC China, and CNC China will be entitled to select any independent third party to provide related services to it; however, on the premise that it is not prohibited by laws and regulations of the PRC, if the terms and conditions provided by Netcom Group are at least equally favorable as that provided by an independent third party for the same services, then CNC China may select Netcom Group as the successful bidder. If Netcom Group is chosen as the successful bidder, the Parties shall sign specific documents for execution, which state clearly specific services required by CNC China at that time, the binding principles within this Agreement, as well as the terms and conditions for the performance of the said services.
3.3 The specific amount of service charge agreed upon under this Agreement shall from time to time be calculated by the accounting principles applicable in the PRC (if applicable).
3.4 Both Parties shall, before December 31 of every c...
PRICING PRINCIPLE. 3.1 Except for the cases specified in Clause 3.2 of this section, all price and/or charging standard under the Agreement shall be determined with the reference to the market price. The "Market Rate" means the rate determined by the business operator and attained through market competition. The market rate shall be determined by the following order: (1) the rate charged by any independent third party providing the same kind of service in the same or surrounding area under normal situation; or (2) the rate charged by any independent third party providing the same kind of service within China under normal situation.
PRICING PRINCIPLE. 5.1 The pricing or charging standard under this Agreement shall be governed by the principle in this provision and in the following order: those that are fixed by the State shall follow the Government-Fixed Price; those that have the Government Guidance Price shall follow the said guidance price; those that have no fixed price nor government guidance price yet have a Market Price shall follow the Market Price.
5.2 Party A and Party B agrees that if the Market Price is followed due to lack of fixed price or government guidance price, when the contract value of any construction, installation and supporting services provided by Party A and its relevant subsidiaries to Party B and its relevant subsidiaries exceeds XXX 000 xxxxxxxx xxxx, a bidding process must be conducted to settle the price, which means that the pricing basis is to settle the price by holding a publicly bidding event in accordance with the Bidding Law of People’s Republic of China.
5.3 Party A and Party B agree that if the Market Price is followed due to lack of fixed price or government guidance price, when the contract value of any system integration, software development, operational maintenance, consultancy and leasing services provided by Party B and its relevant subsidiaries to Party A and its relevant subsidiaries exceeds XXX 000 xxxxxxxx xxxx, xx the contract value of any single product sales and distribution related services exceeds RMB 2 million yuan, a bidding process must be conducted to settle the price, which means that the pricing basis is to settle the price by holding a publicly bidding event in accordance with the Bidding Law of People’s Republic of China.
5.4 Under conditions of not violating the laws of China, for the same kind of Services, if an independent third party cannot offer better conditions and terms to the other Party, one Party have preferential right to use the Services from the other Party.
5.5 Both Parties will sign the specific execution documents separately if one Party of this Agreement is successful in the bidding, and such execution documents must carry the terms regarding specific services needed, as well as the binding principles, terms and conditions.
5.6 The specific amount of service charge agreed upon under this Agreement shall from time to time be calculated by the accounting principles applicable in China (if applicable).
5.7 Both Parties shall, before December 31 of every calendar year, conduct a review on the price of every item of services an...
