PRICE FALL CLAUSE. In the event of supplier accepting lower prices for supplies covered under the contract to any other companies during the pendency of the contract, the lower price and charges will also be applicable to this contract. The supplier must intimate RSMML as soon as they accept lower prices from any other company including PSU and Government Organization.
Appears in 3 contracts
Sources: Rate Contract for Supply of Shaft Material and Fabrication, Tender Agreement, Rate Contract for Supply of Shaft Material and Fabrication