Common use of Trade-In Clause in Contracts

Trade-In. Any trade-in programs offered during the life of the Master Agreement must be approved by the Lead State. Participating Entities must explicitly allow trade-in programs in their Participating Addenda for the approved programs to be allowed under that Participating Addendum. Trade-in value shall not decrease the discounts offered through the Master Agreement.

Appears in 5 contracts

Sources: Participating Addendum, Participating Addendum, Assignment Agreement