Qualifications on Preference Sample Clauses
The "Qualifications on Preference" clause defines the limitations or conditions under which a stated preference—such as a right, benefit, or priority—may be exercised or enforced within an agreement. This clause typically outlines specific scenarios where the preference is subject to exceptions, may be overridden by other provisions, or is contingent upon certain requirements being met. For example, a shareholder's preference in dividend payments might be qualified by the company's financial performance or legal restrictions. The core function of this clause is to clarify the boundaries of preferential rights, preventing misunderstandings and ensuring that such preferences do not create unintended obligations or conflicts within the contract.
Qualifications on Preference. The rights granted to SBC in Section 6.1 shall only apply to the extent SBC provides Network Services on terms that do not materially disadvantage Prodigy or Operating Partnership (as determined in accordance with the Escalation Process) as compared to terms available from a Third Party and with a service quality level competitive, in the aggregate, with that of Third Parties.
Qualifications on Preference. 26 6.3 Favored Pricing; Third Party Agreements................................... 26 6.4 Day-to-Day Business Operations of Prodigy................................. 26 6.5