Common use of Price Reduction Clause in Contracts

Price Reduction. ‌ If the Contractor has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right to a proportional reduction in price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 11 contracts

Samples: Purchasing Agreement, Purchase Agreement, Purchase Agreement

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Price Reduction. If the Contractor has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right to may claim a proportional reduction in the contract price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 5 contracts

Samples: Development and Customisation Agreement, Development and Customisation Agreement, www.mercell.com

Price Reduction. If the Contractor has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right to a proportional reduction in price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 3 contracts

Samples: Purchasing Agreement, Purchasing Agreement, Purchasing Agreement

Price Reduction. If the Contractor has not succeeded, despite repeated attempts, in curing a defectdefect or delay, the Customer shall have the right to may claim a proportional reduction in the contract price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 2 contracts

Samples: Agile Software Development Agreement, www.ssb.no

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Price Reduction. If the Contractor has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right be entitled to a proportional reduction in priceprice reduction. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 2 contracts

Samples: www.mercell.com, www.nb.no

Price Reduction. ‌ If the Contractor has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right to may claim a proportional reduction in the contract price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 1 contract

Samples: Development and Customisation Agreement

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