Raw Material Price Increase Sample Clauses

Raw Material Price Increase. Upon advance written notice to OptiNose in each instance, CPL shall be entitled to an immediate adjustment to the unit price for a Product by the amount of the increase in Raw Materials cost where any increase in Raw Material costs increase the total unit price for the Product by [***] percent ([***]%) or more. CPL shall provide sufficient documentation to support any unit price adjustment in accordance with this Section.
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Raw Material Price Increase. Upon advance written notice to OptiNose in each instance, Hikma shall be entitled to an immediate adjustment to the Purchase Price for a Product by the amount of the increase in Raw Materials cost where any increase in Raw Material costs increase the total Purchase Price per unit of Product by [***]. Hikma shall provide reasonable documentation to support any Purchase Price adjustment in accordance with this Section 4.1.4. Upon any reduction(s) in Raw Materials cost thereafter, which Hikma shall use it best efforts thereafter to implement any such cost reduction(s), [***].
Sample 1

Related to Raw Material Price Increase

  • Price Increases This section applies to pricing not Benchmarked to GSA Supply Schedule. Additionally, where pricing submitted for Services is not benchmarked to an approved GSA Supply Schedule:

  • Contract Price 5.01 Owner shall pay Contractor for completion of the Work in accordance with the Contract Documents the amounts that follow, subject to adjustment under the Contract:

  • CONTRACT YEAR A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Contract Purchase Price The amount actually paid or allocated in respect of the purchase, development, construction or improvement of an Asset, or the amount of funds advanced with respect to a Mortgage, exclusive of Acquisition Fees and Acquisition Expenses.

  • Price Adjustment Civil works contracts of long duration (more than 18 months) shall contain an appropriate price adjustment clause.

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