Pricing Guarantee Sample Clauses
A Pricing Guarantee clause ensures that the prices specified in a contract will remain fixed for a certain period or under certain conditions, protecting the buyer from unexpected price increases. Typically, this clause applies to goods or services provided over time, and may specify exceptions such as changes in law or raw material costs. Its core function is to provide cost certainty and budget stability for the buyer, reducing the risk of unforeseen expenses during the contract term.
Pricing Guarantee. Vendor guarantees that it shall perform and provide the Services and Deliverables in accordance with the fees, fee rates, and pricing that are expressly set out in the Statement of Work ("Pricing Guarantees"). Vendor acknowledges and agrees that such Pricing Guarantees constitute a material representation and inducement that City has directly relied upon to enter into this Agreement.
Pricing Guarantee. Pegasus hereby guarantees that the pricing offered to any other hotel company for any of the Services shall not be any more favorable than the pricing set forth herein for the Services provided to HHC. In the event Pegasus enters into an agreement with any other hotel company with more favorable pricing than as set forth in this Agreement, either for the individual services specified herein or for the package, or for any similar or comparable package of services, Pegasus shall notify of such pricing within thirty (30) days of any agreement for such more favorable pricing and shall make such pricing available to HHC and, if accepted by HHC, this Agreement shall be amended to include such pricing.
Pricing Guarantee. In the event that Systemseven's pricing increases, Customer's monthly recurring charge will remain at the price set during order placement or special billing agreement for 12 months following Customer's Activation Date. Additionally, if Customer's account is invoiced quarterly, semi-annually or annually, Customer will receive Customer's set monthly recurring charge until the end of the current payment period. This does not include new orders under the same name and/or location or new orders associated with a service relocation, nor orders for service changes that may be required if the desired service is not available due to technical or other reasons. Price changes for different packages at the same speeds, technologies, and throughput level are not included; one-time charges, applicable state and federal taxes, and promotional pricing are excluded. This guarantee only applies to the recurring broadband service charges. Any modification of pricing must be approved by both Systemseven and Customer by email or in writing.
Pricing Guarantee. Within 120 days after the end of each Contract year, BENECARD will reconcile all pricing guarantees as billed to CLIENT for claims incurred during the contract year as set forth below. If the actual performance is less than the guaranteed amounts, BENECARD will make up any net shortfall on a dollar for dollar basis. For purposes of this guarantee, net shortfall is defined as the aggregate shortfall of all pricing guarantees. Surpluses in one guarantee may be used to offset shortfalls in another guarantee. The effective rate guarantee for ingredient cost is calculated by subtracting the total ingredient cost paid from the corresponding 100% of AWP value for brand and generic claims (based on Medi-Span), then dividing that number by the corresponding 100% of AWP value. The average dispensing fee guarantees, if applicable, are calculated by dividing the total amount of dispensing fees paid, by the total number of prescriptions dispensed. Guarantees assume participation in our standard clinical programs, no significant change(s) to information provided as part of the RFP, retail network, enrollment, drug coverage, or plan design that could have a material impact on eligibility, utilization, or drug mix. In the event that material shifts of 2% or greater in specialty utilization or 10% more or less in utilization in any other given channel from historical claims detail provided during RFP process or renewal process or material shifts of 10% in life count beyond what was specified at any time during the initial term, then BENECARD PBF reserves the right to adjust the guarantees. In the event any of BENECARD PBF’s vendor contracts change materially, BENECARD PBF reserves the right to adjust guarantees accordingly. Financial Guarantees that are impacted by CLIENT’s plan design are only valid when a supportive plan design is adopted by the CLIENT. CLIENT entered overrides via Online Administration tool (“OLA”) or CLIENT directed overrides are excluded from guarantees. Prescription claims previously paid under coverage by medical insurance carrier are excluded from guarantees. Certain claims, as determined by BENECARD PBF, shall be excluded from guarantees, including but not limited to the following: Prescriptions filled in states that impose “most favored nations” regulations on retail pharmacies reimbursement, Prescriptions filled in Alaska, Hawaii, Massachusetts, and all US territories including, but not limited to, American Samoa, Guam, the Northern Mariana Isla...