Common use of Product Prices Clause in Contracts

Product Prices. 4.1 The pricing for the Products (“Product Price”) shall be [***] per module. Where the Parties sign a Master Supply Agreement (“[***] Agreement”) for the supply of solar panels by REC to the Customer for a utility-scale project of [***] at [***] within 14 days from the signing of this Agreement, the Parties agree that Product Price shall be [***] per module. The Product Price, excluding the cost of bonding, as illustrated in Exhibit F for a project size of [***] is [***] for a single project or $31,392,576 if the [***] Agreement is also signed within 14 days from the signing of this Agreement. These calculations are based on allocation of [***] watt panels and [***] watt panels. 4.2 If the Customer asks for special transport (e.g. air freight) or non-standard volumes (e.g. one pallet), REC is entitled to add its costs in this connection to the invoice. A standard volume of Products is one full container. 4.3 Customer has the option to purchase spare modules up to an additional one percent. (1%) of project capacity at the Product Price.

Appears in 2 contracts

Sources: Master Supply Agreement (Powersecure International, Inc.), Master Supply Agreement (Powersecure International, Inc.)

Product Prices. 4.1 The pricing for the Products (“Product Price”) shall be [***] US$231.36 per module. Where the Parties sign a Master Supply Agreement (“[***] Agreement]”) for the supply of solar panels by REC [***] to the Customer for a utility-scale project of [***] at [***] within 14 days from the signing of this Agreement, the Parties agree that Product Price shall be [***] per module. The Product Price, excluding the cost of bonding, as illustrated in Exhibit F for a project size of [***] is [***] for a single project or $31,392,576 [***] if the [***] Agreement is also signed within 14 days from the signing of this Agreement. These calculations are based on allocation of [***] watt panels and [***] watt panels. 4.2 If the Customer asks for special transport (e.g. air freight) or non-standard volumes (e.g. one pallet), REC [***] is entitled to add its costs in this connection to the invoice. A standard volume of Products is one full container. 4.3 Customer has the option to purchase spare modules up to an additional one percent. (1%) of project capacity at the Product Price.

Appears in 1 contract

Sources: Master Supply Agreement (Powersecure International, Inc.)

Product Prices. 4.1 The pricing for the Products (“Product Price”) shall be [***] per module. Where the Parties sign a Master Supply Agreement (“[***] Agreement”) for the supply of solar panels by REC [***] to the Customer for a utility-scale project of [***] at [***] within 14 days from the signing of this Agreement, the Parties agree that Product Price shall be [***] per module. The Product Price, excluding the cost of bonding, as illustrated in Exhibit F for a project size of [***] is [***] for a single project or $31,392,576 [***] if the [***] Agreement is also signed within 14 days from the signing of this Agreement. These calculations are based on allocation of [***] watt panels and [***] watt panels. 4.2 If the Customer asks for special transport (e.g. air freight) or non-standard volumes (e.g. one pallet), REC [***] is entitled to add its costs in this connection to the invoice. A standard volume of Products is one full container. 4.3 Customer has the option to purchase spare modules up to an additional one percent. (1%) of project capacity at the Product Price.

Appears in 1 contract

Sources: Master Supply Agreement (Powersecure International, Inc.)