Machine Price definition
Examples of Machine Price in a sentence
There will be no adjustment whatsoever for the Machine Price specified in the Consideration Annex (Annex B), and shall only be linked to the index as detailed in Annex B.
The foregoing license and right is provided at no extra charge to ISR and is included in the Machine Price shall remain in full force and effect after the termination and/or cancellation and/or expiration of this Agreement for any reason whatsoever.
No later than seven (7) Business Days following the Effective Date the Supplier shall furnish ISR with an irrevocable autonomous bank guarantee, approved in advance by ISR and issued in the form attached hereto as Annex G2 in the amount equal to five percent (5%) of the Machine Price, valid until two (2) months following the end of the Warranty Period (the "Performance and Warranty Guarantee").
Except for the linkage mechanism, that shall apply on the Optional Machines Price as detailed in Section 5 of Annex B this Section shall apply mutatis mutandis on the Optional Machine Price.
Except for the linkage mechanism, that shall apply on the Optional Machines Price as detailed in Section 7 of Annex B this Section shall apply mutatis mutandis on the Optional Machine Price.
No later than seven (7) Business Days following the Effective Date the Supplier shall furnish ISR with an irrevocable autonomous bank guarantee, approved in advance by ISR and issued in the form attached hereto as Annex G2 in the amount equal to five percent (5%) of the Machine Price, valid until two (2) months following the end of the Warranty Period (the "Performance Guarantee").
The Machine Price will be established by HCI in December of each year prior to the start of the next calendar year (the "Contract Year").
HCI agrees to sell and IDT agrees to purchase the HT at a calculated price equal to 2.22 times the AMC of the HT ("Machine Price") until the Royalty Completion Date, at which time the Machine Price will be a calculated price equal to two (2) times the AMC.
Beginning either with the calendar year following FDA approval to market the HT or with the calendar year following any consecutive three (3) month period during which IDT uses the HT in 375 hyperthermia procedures whichever is earlier ("Minimum Year"), IDT agrees to purchase the annual minimum number of HTs and HT Treatment Kits each Minimum Year as set forth below that, when multiplied by the Machine Price and Disposables Price for that Minimum Year, will produce an annual minimum sum ("Annual Minimum").
Detailed accounting substantiating the Machine Price will be provided to IDT prior to the start of each Contract Year at the request of IDT.