Fair Price Outlet definition

Fair Price Outlet means the retail outlet that the Concessionaire is to set up in the hospital under PPP for stocking and selling of medicines, consumables surgical items, implants and all other items as described in Schedule I of this agreement at the discounted rate over MRP as per terms of this agreement
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Examples of Fair Price Outlet in a sentence

  • The Hospital Authority hereby represents that the Hospital Site as specified under Schedule II of this agreement is ready-to-use and adequate for the Fair Price Outlet, as per the norms of the Drugs and Cosmetics Acts and Laws, 1940 and Rules 1945 as amended time to time.

  • A separate meter shall be installed by the Concessionaire at its own cost to record the electricity consumed at the Fair Price Outlet and the Concessionaire shall make timely payment for the electricity consumed in accordance with the prevailing rates of the Energy Supplier directly.

  • The Concessionaire shall 1 arrange for and maintain security of the Fair Price Outlet at its own cost.

  • The Hospital Authority hereby represents that the Hospital Site as specified under Schedule IIof this agreement is ready-to- use and adequate for the Fair Price Outlet, as per the norms of the Drugs and Cosmetics Acts and Laws, 1940 and Rules 1945 as amended time to time.

  • The Concessionaire shall operate the Fair Price Outlet round the clock for all the 365 days of the year.

Related to Fair Price Outlet

  • fair price, means the price that is determined by financial advisor approved by the SEC.

  • Price Gap means the following:

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Supply Price has the meaning set forth in Section 6.2.

  • ex-works price means the price paid for the product ex works to the manufacturer in the EU or in a SADC EPA State in whose undertaking the last working or processing is carried out, provided the price includes the value of all the materials used, minus any internal taxes paid which are, or may be, repaid when the product obtained is exported;