Provisional Price definition

Provisional Price. : means the price the Buyer should owe COVA as calculated on any moment be- fore the calculation of the Purchase Price by COVA using the pricing formula and the then applicable quotations at the time the advance must be paid by the Buyer or the Surety must be made by the Buyer.

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Provisional Price means [REDACTED].

Provisional Price has the meaning given such term in Clause 10(c)(iii) and shall be based on the estimated price of Oil and Feedstock that make up the EPQ.

Examples of Provisional Price in a sentence

• In the event that the Parties do not agree to a Provisional Price by 5:00 p.m. on Day 1, Seller reserves the sole right to calculate the Provisional Price for the purposes of preparing a provisional invoice (“Provisional Invoice”).

• BioNumerik agrees to supply Takeda the Product in a final packaged form suitable for distribution to wholesalers, distributors, cooperative purchasing groups, pharmacies or hospitals at the Provisional Price to Takeda.

• In the event that Margin Deficit is projected in Kolmar’s reasonable determination to exceed two (2) months of expected Invoices from Gevo (i.e., the expected Monthly Available Volume for such months multiplied by the Provisional Price), Kolmar shall have the right to demand Gevo promptly settle any remaining balance of such Margin Deficit with such Margin Deficit due Kolmar in cash to be paid within two (2) Business Days of such demand.

• The Provisional Price, therefore, shall initially be set at $[*****] per gallon of Renewable Hydrocarbons delivered.

• The Provisional Price payable by MSCG pursuant to Section 9.1 with respect to a Light Finished Product shall equal the ***** effective for the Delivery Date, or if the Delivery Date is not a Business Day or is the same as the Provisional Payment Day, effective for the Business Day prior to the Delivery Date.

More Definitions of Provisional Price

Provisional Price. : means the price COVA should owe the Seller as calculated on any moment before the calculation of the Purchase Price by the Seller using the pricing formula and the then applicable quotations.

Provisional Price means the amount stipulated by the bidder for a Provisional Item which is to be included in the Base Bid Price.

Provisional Price means the price COVA should owe the Seller as calculated on any moment before the calculation of the Purchase Price by the Seller using the pricing formula and the then applicable quotations.

Provisional Price means, for any quantity of Crude Oil reflected in a Daily Invoice, an amount equal to the Current WTI Price for the relevant Invoice Date, plus or minus any per Barrel differential that is an element of the Supply Price under the Purchase Contract relating to that quantity of Crude Oil.

Provisional Price means the estimated price which will be used which shall be agreed upon by ▇▇▇▇▇ and Seller. The Special Purchase Price will be finalized and the Provisional Price trued up by the end of the month following the sale.

Provisional Price means the unit price at which BioNumerik will sell the final, packaged form of the Product to Takeda. The Provisional Price is the sum of: (a) BioNumerik's Manufacturing Costs; (b) BioNumerik's Delivery Costs; and (c) the Provisional Margin. Under no circumstance will the Provisional Price that Takeda will pay BioNumerik be less than the actual Manufacturing Costs and Delivery Costs for the Product.

Provisional Price has the meaning set forth in Section 8.1.