MFB TERMS definition

MFB TERMS. NEC shall receive MFB Terms from Active Voice on all Licensed Software and Hardware Products subject to this Agreement.
View Source
MFB TERMS means Most-Favored Buyer Terms. For purposes of this Agreement, Most-Favored Buyer Terms means that NEC shall receive a price at least as low as the lowest price Active Voice offers to another similarly-situated customer in connection with substantially equivalent products, services or the Licensed Software. For purposes of this definition, "substantially equivalent" shall mean substantially equivalent in terms of features, functionality, development responsibilities, Intellectual Property Rights contributions, payment terms, funding, promotional and marketing efforts and abilities, market served and unit volume levels and guarantees. In addition to receiving MFB Terms for price, NEC shall also receive overall terms at least as favorable as those granted to any other party with respect to the Licensed Software.
View Source

Related to MFB TERMS

  • URL Terms means the terms with which Customer must comply, which are located at a URL, referenced in this Agreement and are hereby incorporated by reference.

  • Use Terms means the Software Use Rights document as defined in the Order Form.

  • Product Terms means the document that provides information about Products available under this Agreement. The Product Terms document is published on the Licensing Site and is updated from time to time.

  • Contract Terms means the terms applicable to and set out in this Contract;

  • FIA Terms and Conditions means the supplemental terms and conditions relating to the School's fees in advance scheme;