Common use of Products & Services Clause in Contracts

Products & Services. At a minimum Supplier shall offer the System the lowest net prices and/or the highest discounts it makes available to any other entity, including other Universities, hospitals, government agencies or entities where the economic and service requirements are substantially similar. If Supplier catalog or list price of Products and Services is reduced, System shall benefit from a corresponding price reduction. Such decreases shall be passed along to Locations immediately.

Appears in 3 contracts

Sources: Purchasing Agreement, Purchasing Agreement, Purchasing Agreement

Products & Services. At a minimum Supplier shall offer the System the lowest net prices and/or the highest discounts it makes available to any other entity, including other Universities, hospitals, government agencies or entities where the economic conditions, anticipated business volume, contract terms, and service requirements are substantially similar. If Supplier catalog or list price of Products and Services is reduced, System shall benefit from a corresponding price reduction. Such decreases shall be passed along to Locations immediatelypromptly.

Appears in 1 contract

Sources: Purchasing Agreement