Price and Allocation Controls Sample Clauses

Price and Allocation Controls. SECTION 11.1: REGULATORY PRICE SUSPENSION ----------------------------------------- If SELLER is precluded by statute, or by regulation, rule, governmental interpretation or order implementing such statute from obtaining any increase in price of Product, as determined pursuant to this Contract, the increase shall be suspended until said law, regulation, rule, governmental interpretation or order permits the increase in whole or in part. In such an event, BUYER and SELLER shall confer in good faith and attempt to agree on an alternate course of action; but failing agreement within ten (10) Days, the party adversely affected may suspend performance with respect to the quantity of Product affected by the statute, regulation, rule, governmental interpretation or order. In the event the law, regulation, rule, governmental interpretation or order is terminated or is later modified to permit the increase, in whole or in part, the Product Price shall be increased for Deliveries of the Product made thereafter to the level permitted under this Contract without further action by the parties.