Common use of Price Decrease Clause in Contracts

Price Decrease. The Authorized Purchaser shall be given the immediate benefit of any price decrease. Contractor shall promptly notify OSP of the amount and effective date of each decrease. This decrease shall apply to orders placed on or after the effective date of the decrease. Invoices shall reflect prices in effect on the date the Authorized Purchaser’s Purchase Order document was written.

Appears in 4 contracts

Samples: Price Agreement, Price Agreement, Price Agreement

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