Common use of Raw Material Price Adjustment Clause in Contracts

Raw Material Price Adjustment. During the term of the Supply Contract, the price of Products shall be increased or decreased, as the case may be and from time to time, to reflect changes in the cost to Seller of each raw material (as hereinafter defined) to the extent, but not only to the extent, that such change exceeds 5% of the cost of such raw material as of January 1, 2000. For the purposes of this Supply Contract, the cost or price of "raw materials" shall include (i) the cost of any materials (other than copper) that are used to manufacture Wire, (ii) freight charges related to the transportation of such raw material, and (iii) any premium paid in connection with the acquisition of any raw material, including copper.

Raw Material Price Adjustment. During the term of the Supply Contract, the price of Products shall be increased or decreased, as the case may be and from time to time, to reflect changes in the cost to Seller of each raw material (as hereinafter defined) to the extent, but not only to the extent, that such change exceeds 5% of the cost of such raw material as of January 1, 20002003. For the purposes of this Supply Contract, the cost or price of "raw materials" shall include (i) the cost of any materials (other than copper) that are used to manufacture Wire, (ii) freight charges related to the transportation of such raw material, and (iii) any premium paid in connection with the acquisition of any raw material, including copper.