Price and Term definition

Price and Term. All Sale Contracts shall specify the price for energy or Natural Gas, as applicable, and the term of the agreement. The term of the Sale Contract binding on IDT may not extend beyond the Planned Term. Payment Provision: Sale Contracts shall require that Customer to make all payments due to the Deposit Account Assignability: Sale Contracts will be assignable by IDT to a lender institution or credit provider, which includes the BP Parties, without the consent of the Customer.
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Price and Term. The price and term of this agreement are set forth in the Electric Facts Label (EFL). The term will begin on the Switch Date and continue for the number of months specified in the EFL. Energy Charges will be calculated by multiplying the price set forth in the Pricing Appendix by the electricity consumed, measured in kilowatt-hours (“kWh”) for each billing period plus other charges (line losses, ancillary services, fuel adjustment charge and other ERCOT charges). The Energy Charges will include costs incurred by the Seller to provide electricity to Buyer, but the price in the Pricing Appendix will increase if required by Seller due to changes in market conditions increasing the wholesale or MCPE price. The Buyer will pay the following additional items which will be listed separately on the invoices:
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Price and Term. The price and term of this agreement are set forth in the Electric Facts Label (EFL). The term will begin on the Switch Date set forth on the Pricing Appendix and continue for the number of months specified in the EFL. Energy Charges will be calculated by multiplying the price set forth in the Pricing Appendix by the electricity consumed, measured in kilowatt-hours (“kWh”) for each billing period. The Energy Charges will include costs incurred by the Seller to provide electricity to Buyer, but will include the pricing issued by the Transmission and Distribution Utilities (TDU) not listed herein. The Buyer will pay the following additional items which will be listed separately on the invoices: (1) TDSP Metering Fee and Transition Charge. The tariffs which explain these charges for each TDU can be found at: xxx.xxx.xxxxx.xx.xx (2) Taxes: Any federal, state, or local taxes associated with the sale electricity, and (3) any transactional charges, such as meter tests, tampering charges, etc. as billed by the TDU. These taxes include the state Gross Receipts tax and the PUCT Assessment fees. Following the completion of the agreement term, Buyer will automatically transfer to the post term default rate, which rate will be communicated in a separate written notice at least thirty (30) days prior and no more than (60) days prior to the end of the Term. Buyer may contact Seller at any time to request extension of Buyer’s current rate for a longer term or negotiate a new rate for the extended term.
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Examples of Price and Term in a sentence

  • This Price and Term Appendix constitutes part of and is subject to the terms and provisions of the ESA.

  • Competitive Supplier shall supply electric energy to the Point of Delivery to all Participating Consumers on a non-discriminatory basis pursuant to the prices and terms as set out in the then effective Price and Term Appendix.

  • In addition, SPS will cross-promote the benefits of recycling with the Consumer Education program.

  • The service under which the Competitive Supplier provides all of the electrical energy, capacity, reserves, and ancillary services, transmission services, transmission and distribution losses, congestion management, Renewable Energy Obligations, and other such services or products, including but not limited to any additional Renewable Energy Certificates, as specified in any Price and Term Appendix, necessary to provide firm power supply to Participating Consumers at the Point of Delivery.

  • The ESA may be extended beyond the termination date established in Article 4.1 by mutual, written agreement of the Parties, provided however, any new pricing terms shall be negotiated, and the Parties shall amend this ESA by executing an updated Price and Term Appendix.

  • Competitive Supplier agrees to provide All-Requirements Power Supply and other related services as expressly set forth herein in accordance with the prices and terms included in the then effective Price and Term Appendix to this ESA.

  • The Retail Prices set out in any Price and Term Appendix do not include current and future charges collected or assessed by the Local Distributor pursuant to its distribution service tariff, or local transmission costs as may be imposed by NEPOOL, ISO-NE or individual electric utilities that have FERC transmission tariffs or other such distribution and transmission charges.

  • This Price and Term Appendix may be executed in counterparts, all of which together shall constitute one and the same instrument.

  • The Retail Price(s) for All-Requirements Power Supply as set out in the then effective Price and Term Appendix shall include (i) a Consultant Fee, payable by the Competitive Supplier to CPG, and (ii) if applicable, an Operational Adder payable by Competitive Supplier to the Aggregator.

  • Competitive Supplier agrees that it will offer the optional Products described in the then effective Price and Term Appendix into its provision of All-Requirements Power Supply under this ESA.

Related to Price and Term

  • Purchase Price and Terms Agreement Those certain agreements setting forth the general terms and conditions of the transactions consummated herein and identifying the Mortgage Loans to be purchased from time to time hereunder, by and between the Seller and the Purchaser.

  • Purchase Price and Terms Letter With respect to each purchase of a Mortgage Loan Package hereunder, that certain letter agreement setting forth the general terms and conditions of such transaction consummated herein and identifying the Mortgage Loans to be purchased hereunder, by and between the Company and the Purchaser. Purchaser: Xxxxxx Brothers Bank, FSB or its successor in interest or any successor to the Purchaser under this Agreement as herein provided.

  • Bond Terms means these terms and conditions, including all Attachments which shall form an integrated part of these Bond Terms, in each case as amended and/or supplemented from time to time.

  • Price Agreement means a definite quantity contract or indefinite quantity contract which requires the contractor to furnish items of tangible personal property, services or construction to a state agency or a local public body which issues a purchase order, if the purchase order is within the quantity limitations of the contract, if any.

  • General Terms means these terms.

  • Price Schedule means the schedules or any part or individual schedule thereof, submitted by the Bidder with his Bid and forming a part of the Contract;

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • Unit Price Arrangement means that part of the Contract that prescribes the product of a price per unit of measurement multiplied by a number of units of measurement for performance of the Work to which it relates;

  • General Terms and Conditions means the General Terms and Conditions for Services Contracts as referenced on the RFP cover page.

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • Price and Preferential Points Assessment means the process described in clause 27.6 of this Part C, as prescribed by the PPPFA.

  • Subscription Term means the initial subscription term and if applicable any renewal subscription term of a Cloud Service identified in the Order Form.

  • Unit Price Work means the Work, or a portion of the Work, paid for based on incremental units of measurement.

  • Mining Xxx 0000 means (unless the context otherwise requires) the Mining Xxx 0000 and the amendments thereto and the regulations made thereunder as in force on 31st December, 1981;

  • Agreed Terms means, in relation to a document, such document in the terms agreed between the Seller and the Purchaser and signed for identification by the Purchaser and the Seller with such alterations as may be agreed in writing between the Seller and the Purchaser from time to time;

  • Terms of Reference (TOR) means the document included in the RFP as Section 5 which explains the objectives, scope of work, activities, tasks to be performed, respective responsibilities of the Client and the Consultant, and expected results and deliverables of the assignment.

  • AND TO Romspen Investment Corporation (the “Agent”) I have read and understand this “Consent to Electronic Delivery of Documents” and consent to the electronic delivery of the documents listed below that the Issuer elects to deliver to me electronically, all in accordance with my instructions below.

  • Date of Agreement as used herein shall be the date when by execution and delivery (as defined in paragraph 20.2) of this document or a subsequent counteroffer thereto, Xxxxx and Seller have reached agreement in writing whereby Seller agrees to sell, and Xxxxx agrees to purchase, the Property upon terms accepted by both Parties.

  • Stage 1 means the area at Port Xxxxxxx which is the subject of this Agreement and of the ERMP and which is shown bordered in purple as “stage 1” on Department of Land Administration 4 Miscellaneous Plan No. 1743;

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Same terms and conditions means that a carrier cannot apply

  • Common Terms Agreement means the written agreement entitled "Common Terms Agreement", dated on or about 21 July, 2017 (as amended and/or reinstated from time to time), between, amongst others, the Borrower (as borrower) and the Facility Agent.

  • Initial Unit Price means (a) with respect to the Common Units and the Subordinated Units, the initial public offering price per Common Unit at which the Common Units were first offered to the public for sale as set forth on the cover page of the IPO Prospectus or (b) with respect to any other class or series of Units, the price per Unit at which such class or series of Units is initially sold by the Partnership, as determined by the General Partner, in each case adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of Units.

  • Technical Limits means the limits and constraints described in Schedule 2, relating to the operations, maintenance and dispatch of the Project.

  • Unit Price means an amount stated in the Bid for which Bidder offers to perform the Unit Price Work for a fixed price per unit of measurement.

  • Term XXXXX means, for the applicable corresponding tenor, the forward-looking term rate based on XXXXX that has been selected or recommended by the Relevant Governmental Body, and that is published by an authorized benchmark administrator and is displayed on a screen or other information service, as identified or selected by the Administrative Agent in its reasonable discretion at approximately a time and as of a date prior to the commencement of an Interest Period determined by the Administrative Agent in its reasonable discretion in a manner substantially consistent with market practice.