Minimum Selling Price definition

Minimum Selling Price means the minimum sale price acceptable to the Authority. This price is based on current market value and sale price data.

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Minimum Selling Price means the average sale price of the last [●] units/apartments forming part of the PHL Premises;

Minimum Selling Price has the meaning ascribed to it in the Clause 22 (1) of this Agreement.

Examples of Minimum Selling Price in a sentence

• Auction will not sell the Vehicle for less than the Minimum Selling Price the Consignor.

• In any event, stock losses are deemed Contractor liability and the liability shall be set at the Minimum Selling Price as notified at Clause 11.7 or as subsequently amended in accordance with clauses 11.1.1 or 11.

• In the event any of the Units is sold at a sale price below the Minimum Selling Price, then the Borrower shall obtain the Lender’s prior written consent to the sale of such Unit below the Minimum Selling Price and any consent given by the Lender to such sale shall be upon such terms and conditions as the Lender may require in its absolute discretion.

• The Parties agree to establish and adhere to the Minimum Selling Price for Joint Venture Outputs effective the commencement of each new Joint Venture Year throughout the Joint Venture Term.

More Definitions of Minimum Selling Price

Minimum Selling Price means the agreed upon minimum selling price for Joint Venture Outputs to be sold to Purchasers under the Joint Venture. The Minimum Selling Price shall be determined by the Parties when preparing the first Annual Financial Forecast and each subsequent Annual Financial Forecast prepared in advance of each new Joint Venture Year under the Joint Venture.

Minimum Selling Price means the minimum gross selling price of a Surplus Asset that the Authority is prepared to accept or in order to guarantee the amount returned to the Authority by the Contractor. Where calculation of the percentage share would result in a lower amount due to the Authority, the Contractor may proceed with the sale provided the Authority’s full percentage share of the Minimum Selling Price is paid by the Contractor to the Authority in full.

Minimum Selling Price this is the minimum price as advised from time to time by VfT to the Agent at which sales are made ex agreed storage terminal in the Territory.