Detariff Sample Clauses
The Detariff clause removes or exempts certain products, services, or transactions from government-imposed tariffs or regulated pricing structures. In practice, this means that the prices for these items are set by market forces rather than by regulatory authorities, allowing parties to negotiate terms freely. The core function of this clause is to promote flexibility and competitiveness by eliminating mandatory pricing controls, thereby enabling more efficient and responsive commercial arrangements.
Detariff. If, at any time during the Term, an Applicable Regulatory Authority with jurisdiction over a material portion of the Services, pursuant to a final order that is not subject to further appeal, alters the rules or regulations applicable to Supplier, its Subcontractors and/or Managed Telecom Transport Providers or the Services in a manner that requires or permits Supplier, its Subcontractors and/or Managed Telecom Transport Providers to detariff all or any material portion of the Services, Supplier shall, shall cause its Subcontractors and use commercially reasonable efforts to cause Managed Telecom Transport Providers to, promptly detariff (and withdraw any tariff, tariff option or other regulatory submission specifically relating to) such Services or the affected portions thereof.