Default Pricing definition
Examples of Default Pricing in a sentence
Should Buyer fail to advise Seller of this information, the Parties understand that the Daily Default Pricing Volume for the current Month of Delivery and the prevailing front Month [REDACTED] contract shall be used for pricing.
Except as otherwise provided herein with respect to the Default Pricing Rate, the Pricing Rate to be applied to the Purchase Prices of Purchased Loans to determine the Price Differential in all Open Transactions shall be the Daily Adjusting LIBOR Rate (or, if applicable under Section 6.7, the Prime Referenced Rate).
If it is determined by written agreement of the Parties or pursuant to Article 22 (Dispute Resolution) that a breach of warranty did not exist, Owner shall be liable to Contractor for the incremental costs incurred by Contractor as a result of any cure measures performed by Contractor, such costs to be reimbursed in accordance with the Default Pricing for Contractor services set forth in Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria).
Contractor shall, upon direction of Owner and at Owner's expense, use commercially reasonable efforts to protect and preserve property in the possession of Contractor or its Subcontractors in which Owner has an interest and shall facilitate access to and possession by Owner of items comprising all or part of the Work terminated, such expenses to be reimbursed at the Default Pricing set forth in Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria).
Price Differential on each Open Transaction accrued and unpaid to the end of each month before the Termination Date shall be due and payable on the ninth (9th) day of each month, whether or not such Transaction is still an Open Transaction on such payment due date; provided that (a) all accrued and unpaid Price Differential on all Transactions shall be due on the Termination Date, and (b) all Pricing Differential calculated at the Default Pricing Rate shall be due on demand.
Except as otherwise provided herein with respect to the Default Pricing Rate, the Pricing Rate to be applied to the Purchase Prices of Purchased Loans to determine the Price Differential in all Open Transactions shall be as set forth in the Side Letter.
Except as otherwise provided herein with respect to the Default Pricing Rate, the Pricing Rate to be applied to the Purchase Prices of Purchased Loans to determine the Price Differential in all Open Transactions shall be the applicable from time to time.
All Obligations (other than contingent reimbursement obligations owing to Lender under any outstanding L/Cs) shall bear interest at a rate equal to two (2) percentage points above the interest rate applicable to the respective Obligations from and after the occurrence and during the continuance of either of the following events (collectively, the "Default Pricing Events"): (i) an Event of Default; or (ii) an Overadvance.
Except as otherwise provided herein with respect to Balance Funded Segments and the Default Pricing Rate, the Pricing Rate to be applied to the Purchase Prices of Purchased Loans to determine the Price Differential in all Open Transactions shall be the LIBOR Rate plus the LIBOR Margin applicable from time to time.
DGS may at any time request the Supplier to affect Risk Management Transactions (RMT) under which DGS purchases designated quantities of gas at prices in lieu of the Default Pricing Structure.