Price Decreases definition

Price Decreases. Shall be calculated in accordance with Appendix B, Clause 24. Price Increases (Pricing not Benchmarked to GSA Supply Schedule): Additionally, where pricing submitted for Products or services is not benchmarked to an approved GSA Supply Schedule: First Twelve Months: Fixed Pricing offered shall be fixed for the first twelve (12) months of the Contract term from the date of Comptroller approval.
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Examples of Price Decreases in a sentence

  • Price Decreases and Ceiling Prices The prices listed in this Exhibit C are Ceiling Prices, and Contractor may offer lower prices to Purchasing Entities, and Purchasing Entities may negotiate lower prices with Contractor, without the review or approval of the State.

  • AUTO ADD (Additions, Deletions, Price Decreases): “Auto Adds” are Contract changes and updates made in accordance with the previously approved Contract pricing formula; e.g., a “discount from list” or pricing based on an approved GSA-based price Schedule.

  • Upon receipt by the Agent of amounts paid or prepaid as Purchase Price Decreases (except upon the exercise of remedies provided in Section 18) the Agent shall apply amounts so received to outstanding Purchase Price.

  • The aggregate Purchase Price of the Purchased Certificate (adjusted for any Purchase Price Increases and Purchase Price Decreases, as applicable) subject to outstanding Transactions shall not exceed the Maximum Aggregate Purchase Price.

  • Prices shall be firm for the first year of the Contract, except as specified for Price Decreases below.

  • Price Decreases and Ceiling Prices Contractor may decrease its prices shown in Exhibit C at any time by providing written notice to the State.

  • The Change Order shall not require joint signature, and implies concurrence unless the Contractor rejects in writing immediately upon receipt of such a Change Order.Requests for Price Decreases: Contractors can offer greater discounts or lower prices at any time when a specific order is placed or when a long-term change in costs allows the Contractor to offer a permanent change to the contract prices.

  • The pricelist shall separately include and identify (e.g., by use of separate worksheets or by using highlighting, italics, bold and/or color fonts): Price Increases, Price Decreases, New products and Products no longer available.

  • Upon receipt by the Buyer of amounts paid or prepaid as Purchase Price Decreases or Repurchase Price (except upon the exercise of remedies provided in Section 18) the Buyer shall apply amounts so received to the payment of all Obligations that are then due, and if the amount so received is insufficient to pay all such Obligations, (a) first to any reimbursement due under Section 20.1, and (b) second to partial payment of Obligations then due or as otherwise agreed by the Buyer.

  • Any adjustment in the Purchase Price associated with Purchase Price Increases or Purchase Price Decreases shall be made in cash and shall not adjust the number of Series C Units issued hereunder.

Related to Price Decreases

  • GDP price deflator means the average of the four implicit

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Price Gap means the following:

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Base Purchase Price has the meaning set forth in Section 2.2.

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

  • Limited Resource Price Decrement means, for the 2017/2018 Delivery Year, a difference between the clearing price for Limited Demand Resources and the clearing price for Extended Summer Demand Resources and Annual Resources, representing the cost to procure additional Extended Summer Demand Resources or Annual Resources out of merit order when the Limited Resource Constraint is binding.

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

  • Lot line adjustment means the relocation of the property boundary line in a

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • 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;

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest Period.

  • SOFR Adjustment means 0.10% (10 basis points).

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

  • price means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

  • Purchase Price Adjustment Escrow Amount means $1,500,000.

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

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).