Common use of Prices; Price Reductions Clause in Contracts

Prices; Price Reductions. Distributor has a legitimate interest in ensuring that a minimum price be maintained for all sales by Sub-Distributor of its Products. Accordingly, Distributor will establish minimum pricing for all sales by Sub-Distributor of its Products to Authorized Customers (“Wholesale Minimum Price”) and Sub-Distributor will not sell any Products to Authorized Customers below the applicable Wholesale Minimum Price. The initial Wholesale Minimum Price for the Products are included as Exhibit A attached hereto. Sub-Distributor agrees to pay Distributor the price per Product identified in Exhibit A attached hereto. Distributor retains the right to make changes to Wholesale Minimum Pricing and Sub-Distributor pricing upon providing not less than three (3) days’ prior written notice to Sub-Distributor. Any price reduction to the Wholesale Minimum Pricing or Sub-Distributor pricing with respect to affected Products shall apply to Purchase Orders that have not yet been accepted or deemed accepted by Distributor and Purchase Orders thereafter submitted by Sub-Distributor. Any price increase to the Wholesale Minimum Pricing or Sub-Distributor pricing with respect to affected Products shall apply to Purchase Orders thereafter submitted by Sub-Distributor; provided that Sub-Distributor shall have the right, at its option, to cancel, in whole or in part, any outstanding Purchase Orders for affected Products not yet accepted by Distributor. Prices do not include, and Distributor shall not be responsible for any required federal, state or local sales or other taxes, duties, export or custom charges, VAT charges, brokerage or other fees.

Appears in 2 contracts

Samples: Non Exclusive Sub Distribution Agreement (Kaival Brands Innovations Group, Inc.), Non Exclusive Sub Distribution Agreement (Kaival Brands Innovations Group, Inc.)

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Prices; Price Reductions. Distributor Manufacturer has a legitimate interest in ensuring that a minimum price be maintained for all sales by Sub-Distributor of its ProductsProducts to Retail Customers and to Non-Retail Customers. Accordingly, Distributor Manufacturer will establish minimum pricing for all sales by Sub-Distributor of its Products to Authorized Non-Retail Customers (“Wholesale Minimum Price”) and Sub-minimum pricing for all sales by Distributor of its Products to Retail Customers (“Retail Minimum Price”) and Distributor will not sell any Products to Authorized Non-Retail Customers below the applicable Wholesale Minimum Price or sell any Products to Retail Customers below the applicable Retail Minimum Price. The initial Wholesale Minimum Price and Retail Minimum Price for the Products are included as Exhibit A attached hereto. Sub-Distributor agrees to pay Distributor Manufacturer the price per Product identified in Exhibit A attached hereto. Distributor Manufacturer retains the right to make changes to Wholesale Minimum Pricing Pricing, Retail Minimum Pricing, and Sub-Distributor pricing upon providing not less than three (3) days’ prior written notice to Sub-Distributor. Any price reduction to the Wholesale Minimum Pricing Pricing, Retail Minimum Pricing, or Sub-Distributor pricing with respect to affected Products shall apply to Purchase Orders that have not yet been accepted or deemed accepted by Distributor Manufacturer and Purchase Orders thereafter submitted by Sub-Distributor. Any price increase to the Wholesale Minimum Pricing Pricing, Retail Minimum Pricing, or Sub-Distributor pricing with respect to affected Products shall apply to Purchase Orders thereafter submitted by Sub-Distributor; provided provided, that Sub-Distributor shall have the right, at its option, to cancel, in whole or in part, any outstanding Purchase Orders for affected Products not yet accepted by DistributorManufacturer. Prices do not include, and Distributor Manufacturer shall not be responsible for for, any required federal, state state, or local sales or other taxes, duties, export or custom charges, VAT charges, brokerage brokerage, or other fees.

Appears in 2 contracts

Samples: Exclusive Distribution Agreement (Kaival Brands Innovations Group, Inc.), Exclusive Distribution Agreement (Kaival Brands Innovations Group, Inc.)

Prices; Price Reductions. Distributor has a legitimate interest in ensuring that a minimum price be maintained for all sales by Sub-Distributor of its Products. Accordingly, Distributor will establish minimum pricing for all sales by Sub-Distributor of its Products to Authorized Customers (“Wholesale Minimum Price”) and Sub-Distributor will not sell any Products to Authorized Customers below the applicable Wholesale Minimum Price. The initial Wholesale Minimum Price for the Products are included as Exhibit A attached hereto. Sub-Distributor agrees to pay Distributor the price per Product identified in Exhibit A attached hereto. Distributor retains the right to make changes to Wholesale Minimum Pricing and Sub-Distributor pricing upon providing not less than three (3) days’ prior written notice to Sub-Distributor. Any price reduction to the Wholesale Minimum Pricing or Sub-Distributor pricing with respect to affected Products shall apply to Purchase Orders that have not yet been accepted or deemed accepted by Distributor and Purchase Orders thereafter submitted by Sub-Distributor. Any price increase to the Wholesale Minimum Pricing or Sub-Distributor pricing with respect to affected Products shall apply to Purchase Orders thereafter submitted by Sub-Distributor; provided that Sub-Distributor shall have the right, at its option, to cancel, in whole or in part, any outstanding Purchase Orders for affected Products not yet accepted by Distributor. Prices do not include, and Distributor shall not be responsible for any required federal, state state, or local sales or other taxes, duties, export or custom charges, VAT charges, brokerage brokerage, or other fees.

Appears in 2 contracts

Samples: Non Exclusive Sub Distribution Agreement (Kaival Brands Innovations Group, Inc.), Non Exclusive Sub Distribution Agreement (Kaival Brands Innovations Group, Inc.)

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Prices; Price Reductions. Distributor Manufacturer has a legitimate interest in ensuring that a minimum price be maintained for all sales by Sub-Distributor of its ProductsProducts to Retail Customers and to Non-Retail Customers. Accordingly, Distributor Manufacturer will establish minimum pricing for all sales by Sub-Distributor of its Products to Authorized Non-Retail Customers (“Wholesale Minimum Price”) and Sub-minimum pricing for all sales by Distributor of its Products to Retail Customers (“Retail Minimum Price”) and Distributor will not sell any Products to Authorized Non-Retail Customers below the applicable Wholesale Minimum Price or sell any Products to Retail Customers below the applicable Retail Minimum Price. The initial Wholesale Minimum Price and Retail Minimum Price for the Products are included as Exhibit A attached hereto. Sub-Distributor agrees to pay Distributor Manufacturer the price per Product identified in Exhibit A attached hereto. Distributor Manufacturer retains the right to make changes to Wholesale Minimum Pricing, Retail Minimum Pricing and Sub-Distributor pricing upon providing not less than three seven (37) days’ prior written notice to Sub-Distributor. Any price reduction to the Wholesale Minimum Pricing, Retail Minimum Pricing or Sub-Distributor pricing with respect to affected Products shall apply to Purchase Orders that have not yet been accepted or deemed accepted by Distributor Manufacturer and Purchase Orders thereafter submitted by Sub-Distributor. Any price increase to the Wholesale Minimum Pricing, Retail Minimum Pricing or Sub-Distributor pricing with respect to affected Products shall apply to Purchase Orders thereafter submitted by Sub-Distributor; provided that Sub-Distributor shall have the right, at its option, to cancel, in whole or in part, any outstanding Purchase Orders for affected Products not yet accepted by DistributorManufacturer. Prices do not include, and Distributor Manufacturer shall not be responsible for any required federal, state or local sales or other taxes, duties, export or custom charges, VAT charges, brokerage or other fees.

Appears in 1 contract

Samples: Exclusive Distribution Agreement (Kaival Brands Innovations Group, Inc.)

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