Alternative Price definition

Alternative Price means the amount stipulated by the Bidder for an Alternative, which can be stated as an addition, a deduction, or no change to the Total Contract Price. The Alternative Price will include all labour, materials, products, services and respective overhead and profit, excluding Value Added Taxes and, where it amends the Total Contract Price, a statement that same will be used to certify Substantial Performance of the Contract.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Alternative Price means the price for a substituted item or section of the work or a price for an additional or deleted item or section of the work, to be added to or deducted from the Base Bid price.

Alternative Price means the amount stipulated by the bidder for an Alternative, which can be stated as an addition, a deduction, or no change to the Base Bid Price. The Successful Bidder shall be obliged to adhere to the Alternative Price quoted in its Bid.

Examples of Alternative Price in a sentence

On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alternative Price, as applicable.
Within 10 days after the Management Holder's receipt of an Alternative Notice, the Management Holder may deliver a written response (the "ALTERNATIVE RESPONSE NOTICE") to the Company in which the Management Holder (A) agrees that such Management Holder and such Management Holder's Call Group will sell the Call Securities at the Alternative Price, or (B) indicates that such Management Holder and such Management Holder's Call Group do not wish to sell the Call Securities at the Alternative Price.
If the Company intends to purchase the Call Securities at the Alternative Price, it shall deliver written notice (the "ALTERNATIVE NOTICE") to the terminated Management Holder (with a copy thereof to each of the JWC Representative, the Borealis Representative and the OMERS Representative) at any time during the Company Call Period, which Alternative Notice shall set forth the Call Securities to be purchased by the Company and the Alternative Price.
At the closing, the Purchasing Group B Members shall deliver the consideration payable pursuant to the Disposition Notice (or Cash Alternative Price, if applicable) in the form and amount specified therein against the simultaneous delivery of instruments of assignment in form and substance reasonably satisfactory to the Purchasing Group B Members, evidencing the sale of the Business contemplated by the Disposition Notice.
Such number of Class A Ordinary Shares and the Alternative Price shall be proportionately adjusted in the event of a share split, share dividend, combination, bonus issue, recapitalization, reclassification or other anti-dilution event with respect to the Company’s share capital.
The value of the Cash Alternative per Illegible Share shall be equal to (i) the closing price of the Parent's common shares on the trading day immediately preceding the last day the Songa shares are trading inclusive the right to receive Consideration Shares (the "Approval Date"), or (ii) such other value as otherwise agreed by Songa and the Parent which is fixed or readily ascertainable as of the Approval Date (the "Cash Alternative Price").
In the event that FFC is unable to provide ADM with such prices, FFC may elect to instruct ADM either to process the day's transactions at an alternative price ("Alternative Price"), calculated either at (i) the previous day's prices, or (ii) such other price determined by the Fund.
If an Alternative Response Notice is not delivered to the Company within such 10-day period, then the Management Holder shall be conclusively deemed to have agreed that such Management Holder and such Management Holder's Call Group will sell the Call Securities to the Company at the Alternative Price.
If the Management Holder indicates in the Alternative Response Notice that such Management Holder and such Management Holder's Call Group do not wish to sell the Call Securities at the Alternative Price, then the Company may purchase the Call Securities at the price per share set forth in Section 2.5(a)(i) or (ii), as applicable, by exercising its Call Option as set forth therein.
The Alternative Price and the Energy Price shall be established in a commercially reasonable manner.

More Definitions of Alternative Price

Alternative Price means the quotient obtained by dividing (a) US$782,213,496 (which is equivalent to US$810 million less an agreed discount equivalent to the indicative underwriting commission and discount) by (b) 79,874,281.

Alternative Price means the price per share (after giving effect to any stock splits, reverse stock splits, combinations, stock dividends, recapitalizations, redenominations of share capital and similar events declared, paid or made after the date hereof) paid or offered or agreed to be paid. In calculating the Alternative Price, (i) if any portion of the consideration is to be paid in the form of securities or assets other than cash, the value of such securities or assets shall be determined based upon fair market value on the day prior to consummation of the transaction, (ii) amounts paid into escrow and contingent payments shall be included as part of the consideration, and (iii) the consideration shall also include the aggregate amount of (A) dividends or other distributions declared by Company after the date hereof other than normal recurring dividends in amounts not materially greater than currently paid, and (B) amounts paid by Company to purchase any securities of Company after the date hereof.

Alternative Price shall have the meaning set forth in Section 2.5(a)(iii).

Alternative Price means a price for a substitution which is an addition or a deduction from the Base Bid Price; it may be required by the Owner or offered by the Bidder for selection at the discretion of the Owner,

Alternative Price means the amount stipulated by the Proponent for an Alternative, which can be stated as an addition, a deduction, or no change to the Total Contract Price. The Successful Proponent shall be obliged to adhere to the Alternative Price quoted in its Proposal.