1. The determination of the price may be limited to stating the criteria according to which it shall be determined at a later stage. 2. If it is agreed that the price shall be the market price, it shall, in case of doubt, be the market price at the place and time at which the subject matter of the sale shall be delivered to the purchaser. If there is no market at the place of delivery, reference shall be made to the market price at the place whose prices are customarily considered applicable. 3. The contracting parties may entrust a third party with the task of determining the price according to certain criteria they agree upon or according to the criteria determined by that third party, and their determination in this case shall be binding on the contracting parties.
Interpretation and application must be checked against the official text and current version.