Index Sale definition
Examples of Index Sale in a sentence
Customer shall notify Supplier with each order for Product whether it will purchase Product as a Cash Sale, an Index Sale, a Forward Pricing Sale or a Negotiated Sale and the Delivery Terms (as hereinafter defined) subject, at all times, to the Take Pattern.
Index Sale" shall refer to a sale of Product at the published index price specified under a special index based pricing program for purchase of Product that may, from time to time, be offered by Supplier (the "Index Pricing Program") plus applicable freight charges at the time of shipment to the extent such Index Pricing Program is offered by Supplier during the term of this Agreement and subject to the terms and conditions of such Index Pricing Program.
Product purchased by Customer under this Agreement, except to the extent purchased under Section 1(c) or Section 1(d) of this Agreement, shall be purchased either as (i) a Cash Sale, (ii) an Index Sale, (iii) a Forward Pricing Sale or (iv) a Negotiated Sale (each of which "Sales" is hereinafter defined).
Product purchased by Customer under this Agreement, except to the extent purchased under Section 1(c) or Section 1(d) of this Agreement, shall be purchased either as (i) a Cash Sale, (ii) an Index Sale, (iii) a Forward Pricing Sale or (iv) a Negotiated Sale (each of which “Sales” is hereinafter defined).