Favored Nations definition
Examples of Favored Nations in a sentence
Further, the Employers agree that none of them will use the Most Favored Nations Clause regarding “leased property”.
It is agreed by the parties that these negotiations will be done on a project- by-project basis and the results will not be used as a basis for a Favored Nations grievance by the Association or Contractors signatory hereto.
Any economic phase-in schedule agreed to by the parties shall not be deemed a violation of the Most Favored Nations provision as long as the phase-in schedule is extended to any other signatory Employer who performs work at that particular account.
Favored Nations Clause of Conversion Community Schools If any OAPSE, Building Trades or DPSU bargaining unit negotiate language other than that provided herein, this bargaining unit will be offered the same language.
The Favored Nation's provision shall not apply to the work performed under any Special Project Agreement or to fringe benefit contribution rates during the first twenty-four (24) months under any first contract entered into by the Union and any newly organized Individual Contractor.
Notwithstanding the above, in no event shall the Gathering Fee for the term of the Agreement exceed [***] or be less than [***] excluding adjustments to the Gathering Fee that result from operation of the following provisions in the Gathering and Treating Agreement: Subsection 4.2 (Annual Escalation), Subsection 9.2 (Annual Volume Commitments), Subsection 10 (Favored Nations), and Subsection 8.1(c) (Pressure), Section 6 (Expansion Capacity), and Section 7 (Additional Services).
This Favored Nations clause does not apply to license agreements which are in settlement of patent litigation.
Without limiting Gilat's obligations under the Most Favored Nations provisions of Section 4, the pricing provisions related to the provision of Gilat Products & Services hereunder shall be renegotiated in good faith between the parties every two years, and such renegotiated pricing provisions shall be attached hereto and become a part hereof.
In no event shall terms, conditions or amendments, referred to herein, constitute an action subject to or invoking the Favored Nations Clause in the Agreement.
The foregoing Favored Nations Provision shall apply only if the Company violates the provisions of Section 12(b) above.