Confirmed Price definition
Examples of Confirmed Price in a sentence
In consideration for Gavilon’s agreement to purchase Product hereunder, and other obligations contained herein, Gavilon shall deduct from the Confirmed Price for all Product sold to Gavilon under this Agreement (including Product sold on Superior Terms), a service fee equal to [*****]% of the Confirmed Price [*****************] (the “Gavilon Service Fee”).
In such event, Gavilon shall deliver a Confirmation in the manner described in clause (a) but with a Confirmed Price and Purchase Price reflecting such Superior Terms.
The Confirmed Price less the Gavilon Service Fees (as defined below) is referred to herein as the “Purchase Price” payable by Gavilon for the Product.
Producer shall pay to Gavilon the amount, if any, by which (i) the cost of such third-party Product, including all reasonable costs and expenses associated with the purchase of Product from third parties, plus a Gavilon Service Fee for such amounts of Product purchased, exceeds (ii) the Confirmed Price of Product.
Producer shall pay to CTG the amount, if any, by which (i) the cost of such third-party Product, including all reasonable costs and expenses associated with the purchase of Product from third parties, plus a CTG Service Fee for such amounts of Product purchased, exceeds (ii) the Confirmed Price of Product.
Gavilon shall pay to Producer the amount, if any, by which (i) the Confirmed Price of such Product, less the related Gavilon Service Fee, plus other reasonable costs and expenses associated with Producer’s sale of Product to third parties, exceeds (ii) the net price to such third party.
Product to be sold and purchased using the Index Price shall be memorialized using Confirmations, with the actual Confirmed Price and Purchase Price to be determined one (1) week prior to shipment.
In consideration for CTG’s agreement to purchase Product hereunder, and other obligations contained herein, CTG shall deduct from the Confirmed Price for all Product sold to CTG under this Agreement, a service fee equal to [*] per Unit (the “CTG Service Fee”).
CTG shall pay to Producer the amount, if any, by which (i) the Confirmed Price of such Product, less the related CTG Service Fee, plus other reasonable costs and expenses associated with Producer’s sale of Product to third parties, exceeds (ii) the net price to such third party.
Gavilon shall not deduct such leasing costs or any other costs of transporting product from the Confirmed Price for any Product.