Common use of Price Protection Clause in Contracts

Price Protection. Supplier warrants that the prices extended to the County under this Agreement are comparable to or better than those being offered to any other customer purchasing similar quantities of the same or similar Goods. During the term of this Agreement, if Supplier enters into a contract with another entity that provides more favorable pricing and terms than this Agreement, then County shall be promptly notified of such changes to the pricing, and Supplier shall be obligated to provide the same to County for subsequent purchases. During the term of this Agreement, if lower prices and rates become effective for like quantities of the Goods through a reduction in list prices, promotional discounts or other circumstances, then County shall be promptly notified of such changes in pricing, and County must be given immediate benefit of such lower prices and rates.

Appears in 3 contracts

Samples: Supplier Agreement, Supplier Agreement, Supplier Agreement

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Price Protection. Supplier The Company warrants that the prices extended to the County under this Agreement are comparable to or better than those being offered to any other customer purchasing similar quantities of the same or similar Goodsquantities. During the term of this Agreementagreement, if Supplier the Company enters into a contract with another entity that provides more favorable better pricing and terms than this Agreement, then County shall be promptly notified of such changes to the pricing, and Supplier Company shall be obligated to provide the same to the County for subsequent purchasespurchases and the County shall be notified of changes to the Agreement pricing. During the any term of this Agreement, if lower prices and rates become effective for like quantities of the Goods Products and/or Services, through a reduction in list prices, promotional discounts discounts, or other circumstances, then County shall be promptly notified of such changes in pricing, and the County must be given immediate benefit of such lower prices and rates, and the County shall be notified of changes in Agreement pricing.

Appears in 1 contract

Samples: Description of Purchase

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Price Protection. Supplier warrants that the prices extended to the County under this Agreement are comparable to or better than those being offered to any other customer purchasing similar quantities of the same or similar Goods. During the term of this Agreement, if Supplier enters into a contract with another entity that provides more favorable pricing and terms than this Agreement, then County shall be promptly notified of such changes to the pricing, and Supplier shall be obligated to provide the same to County for subsequent purchases. During the term of this Agreement, if lower prices and rates become effective for like quantities of the Goods through a reduction in list prices, promotional discounts or other circumstances, then County shall be promptly notified of such changes in pricing, and County must be given immediate benefit of such lower prices and rates.

Appears in 1 contract

Samples: Supplier Agreement

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