Net contract price definition
Net contract price means, with respect to a Supply Contract, the U.S. Content plus the Foreign Content.
Net contract price means the new consideration the buyer is obligated to pay for the assets less:
Net contract price means the new consideration the buyer
Examples of Net contract price in a sentence
Subject to the exceptions set forth above, if such Goods are shipped on ocean vessels or aircraft of non-U.S. registry, the cost of shipment may constitute Foreign Content if such cost has been included in the Net Contract Price.
More Definitions of Net contract price
Net contract price means the new consideration the buyer is obligated
Net contract price means, with respect to a Supply Contract, the Supplier Content for such Supply Contract.
Net contract price means the value of new consideration that the buyer is obligated to pay for the assets less:
Net contract price means, with respect to a Supply Contract, the costs paid to such Supplier under such Supply Contract; provided that EXIM Bank shall determine the Net Contract Price under a Supply Contract, and such determination, in the absence of manifest error, shall be conclusive and binding for all purposes.
Net contract price is the total U.S. dollar amount of the Supply Contract less the total dollar amount of Excluded Goods and Services less the dollar amount of Local Costs. Net Contract Price includes only the U.S. Content and the Foreign Content.
Net contract price means, with respect to a Supply Contract, the U.S. Content plus the Foreign Content. 5 If a Lender wishes to use a different definition and Ex-Im Bank and the relevant Borrower agree, this different definition may be used and the Lender's Request for Ex-Im Bank Approval should note that an alternative Reference Rate is requested. Ex-Im Bank's agreement to use an alternative Reference Rate must be noted in the relevant Ex-Im Bank Approval.