Guaranteed price contract definition

Guaranteed price contract means a prepaid contract under which funds received are held pursuant to an escrow agreement. A guaranteed price contract has a guaranteed fixed price for which specified merchandise or funeral or cemetery services are required to be sold to or made available for a contract buyer or for a contract beneficiary, regardless of the cost or value of the merchandise or funeral or cemetery services at the time of death of the contract beneficiary. Under the guaranteed price contract, additional consideration is not charged for the originally contracted for merchandise or funeral or cemetery services at the time of delivery of the merchandise or funeral and cemetery services.
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Guaranteed price contract means a fixed price or capped price contract or any other agreement where the per gallon price for heating oil or propane is set at a specified amount unless certain circumstances occur;
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Guaranteed price contract means a prepaid
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More Definitions of Guaranteed price contract

Guaranteed price contract means a prepaid funeral
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Guaranteed price contract means a prepaid funeral con-
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Related to Guaranteed price contract

  • Installment lease contract means a lease contract that authorizes or requires the delivery of goods in separate lots to be separately accepted, even though the lease contract contains a clause "each delivery is a separate lease" or its equivalent.

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Fixed Price means the fixed prices for ancillary Services as may be agreed by the Parties and set out in the SOW; FOIA means the Freedom of Information Xxx 0000 and any subordinate legislation made under that Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner or relevant government department in relation to such legislation;