Price Ceiling definition

Price Ceiling means any maximum price payable to the Supplier in relation to any Requirement as specified by the Customer as part of the award procedure for a Service Agreement pursuant to Clause 4;
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Price Ceiling means the maximum price at which any basic necessity or prime commodity may be sold to the general public; and
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Price Ceiling means the maximum fixed price at which allowances and price ceiling units would be available for sale to covered entities in the Program, pursuant to section 95915.
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Examples of Price Ceiling in a sentence

  • It is important to separate price from the Technical proposal as Price is evaluated at the last phase of the Evaluation.b) The price envelop must be marked with the bidder’s namec) Bidders to complete Pricing Schedule SBD 3.3 (Annexure “C”)- REFER TO ATTACHED SBD FORMSd) The total Price (Ceiling price) must be carried over to BOTH SBD 3.3 (Pricing Schedule) and SBD FORM 1: (Invitation for Bids).

  • A key objective of the Competitive Selection Process is to achieve the Project scope while meeting the Project’s Design-Build Price Ceiling requirements.

  • Project approvals by the Authority have been based on this Design-Build Price Ceiling.

  • Project approvals by the Owner have been based on this Design-Build Price Ceiling.

  • If not all of the elements of the Statement of Requirements are achievable within the Design-Build Price Ceiling, a Proponent may propose to reduce the scope of the Project by one or more of the scope items set out in an approved list (the “Scope Ladder”).

  • If the total purchase price exceeds the Property Purchase Price Ceiling listed under the First- Time Homebuyer Table “b)”, the deed does not qualify for the reduced recordation tax rate.

  • This Nominal Cost of the Proposal will be compared to the Design-Build Price Ceiling for evaluation purposes as described in Appendix A of this RFP.

  • The Price Ceiling of Energy provision provides that the average price of Energy paid to Supplier each month and for each year shall not exceed the price stated in Exhibit B.

  • Supplier shall make available to Buyer and Buyer shall offer to pass through the Energy portion of Ancillary Services with respect to the Supply Amount to the ISA, or Control Area Operator, at the Price Ceiling of Energy (plus expected direct transaction costs).

  • A key objective of the Competitive Selection Process is to maximize the Project scope while meeting the Project’s Design-Build Price Ceiling requirements.


More Definitions of Price Ceiling

Price Ceiling means that the price of a certain good or service is not allowed to rise above a certain level.
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Price Ceiling has the meaning set forth in Section 6.1(c) hereof.
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Price Ceiling means the fixed price associated with the Collateral and set forth in the applicable Loan Term Sheet in the form attached hereto as Exhibit B that if equal to or exceeded by the Collateral Settlement Price will require, in addition to any other obligation of the Borrower imposed by this Agreement, the payment by the Borrower of the cost of the Hedge as set forth in Section IV(b).
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Price Ceiling means the maximum price that a customer can be charged within their particular price tier during a given heating season, established each year for that given heating season.
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Price Ceiling means $9.996.
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Price Ceiling is defined in Section 3.4.
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Related to Price Ceiling

  • Ceiling means the height above the ground or water of the base of the lowest layer of cloud below 6 000 m (20 000 ft) covering more than half the sky;

  • Price Level means the price of the Share last determined and published by the Exchange on any day (official closing price).

  • Price Differential with respect to any Transaction as of any date, the aggregate amount obtained by daily application of the Pricing Rate for such Transaction to the Purchase Price for such Transaction on a 360 day per year basis for the actual number of days during the period commencing on (and including) the Purchase Date for such Transaction and ending on (but excluding) the date of determination (reduced by any amount of such Price Differential previously paid by Seller to Buyer with respect to such Transaction);

  • Price Gap means the following:

  • Cost outlier means cases which have an extraordinarily high cost as established in 79.1(5)“f,” so as to be eligible for additional payments above and beyond the initial DRG payment.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Price Band in case of Book Building means Floor Price with an upper limit of 40% above the Floor Price, allowing Bidder to make Bid at Floor Price or within the Price Band.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Price Differential Payment Date means, with respect to a Purchased Mortgage Loan, the 5th day of the month following the related Purchase Date and each succeeding 5th day of the month thereafter; provided, that, with respect to such Purchased Mortgage Loan, the final Price Differential Payment Date shall be the related Repurchase Date; and provided, further, that if any such day is not a Business Day, the Price Differential Payment Date shall be the next succeeding Business Day.

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

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

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Final Price means, with respect to a Security and an Auto-Call Valuation Date or the Valuation Date, subject to the Adjustment Provisions, the price of such Security as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on such Auto-Call Valuation Date or the Valuation Date, as the case may be.

  • The Contract Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Price Bid means the Price Bid submitted by the Bidder, in accordance with Clause 8.15.2;

  • PRICE DATA The Contractor has furnished a price list for the new period for authorized purchasers. The State agrees to notify all authorized purchasers of the existence of this Contract and to give the specific instructions relative to the procedures to be followed in making purchases under the provisions hereof. Entities making purchases over $50,000 may consider obtaining two competitive quotes from the authorized dealers’ list on this manufacturer’s contract. If this manufacturer does not have a dealers’ list, the manufacturer should be prepared to submit a quote. PAYMENT: Payment for commodities or equipment purchased under the provisions of this Contract shall be made to the Contractor or to the authorized dealer making delivery in accordance with Miss. Code Xxx. §§ 31-7- 301, et seq. (as amended). Such payment is to be made only upon receipt, by the authorized purchaser, of properly certified invoices, which are priced strictly in accordance with the pricing provisions of this Contract.

  • Daily Quantity means the quantity of waste discharged during an operating day.