Common use of P.T Clause in Contracts

P.T. Dharma shall use its best efforts to contain and reduce its cost of production and to meet E&J's specified cost goals during the Term of this Agreement. P.T. Dharma shall consider and implement, if feasible, any production improvement or cost saving suggestion by E&J. Any reductions in the cost of production realized through suggestions made in part or in whole by E&J shall be passed on to E&J through an immediate reduction in the unit prices specified in Appendix B for the products affected.

Appears in 2 contracts

Sources: Supply Agreement (Graham Field Health Products Inc), Supply Agreement (Graham Field Health Products Inc)