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.

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

  • 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.

  • 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.

  • 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.

  • 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.

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

  • The initial Index and Initial Straight Time Hourly labor rate used to calculate the Service Fees set forth above are: (to be entered at the time of execution of the contract) PRODUCER COMMODITY PRICES FOR METALS AND METAL PRODUCTS (INDEX) RATE DATE: STRAIGHT TIME HOURLY LABOR RATE, INCLUDING FRINGE BENEFITS RATE DATE: Price Decreases.

Related to Price Decreases

  • 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 has the meaning set forth in Section 2.6.

  • Price Cap means the maximum value of the bid price considered for maximum payment obligation (MPO) calculation per bidding zone border and direction, calculated as per Article 34(6) of these HAR;