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

  • Guaranteed Maximum Price or “GMP” means the amount proposed by Contractor and accepted by Owner as the maximum cost to Owner for construction of the Project in accordance with this Agreement. The GMP includes Contractor’s Construction Phase Fee, the General Conditions Cost, the Cost of the Work, and Contractor’s Contingency amount.

  • Guaranteed Sum means: The maximum aggregate amount of R

  • guarantee contract means a contract entered into by a person as guarantor;

  • Installment sale contract or "contract" means an agreement for the retail sale of a motor vehicle, or that has a similar purpose or effect, under which part or all of the price is payable in 2 or more scheduled payments subsequent to the making of the agreement or under which the obligor undertakes to make 2 or more scheduled payments or deposits that can be used to pay part or all of the purchase price, whether or not the seller has retained a security interest in the motor vehicle or has taken collateral security for the buyer's obligation, and any extension, deferment, renewal, or other revision of that agreement. The terms include a loan, mortgage, conditional sale contract, purchase-money chattel mortgage, hire-purchase agreement, or

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

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

  • The Contract Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.