Most Favored Customer definition

Most Favored Customer as used in this policy means that the SCAQMD will receive at least as favorable pricing, warranties, conditions, benefits and terms as other customers or clients making similar purchases or receiving similar services.
Most Favored Customer refers to most favorable pricing and terms available to other similarly situated customers purchasing similar quantities of the same products and services from U S WEST.
Most Favored Customer. If Contractor has negotiated terms or conditions for Services to another client under reasonably similar circumstances, University may purchase Services on the same terms and conditions.

Examples of Most Favored Customer in a sentence

  • However, offers that propose Most Favored Customer pricing but are not highly competitive will not be determined fair and reasonable and will not be accepted.

  • Offers that propose Most Favored Customer pricing but are not highly competitive will not be determined fair and reasonable and will not be accepted.

  • For example, if a price offered to GSA is not equal to or better than the price offered to the offeror's designated Most Favored Customer, the narrative must explain the rationale for proposing such a price in a manner sufficient to enable the contracting officer to determine that the rate is fair and reasonable.

  • If a price offered to GSA is not equal to or better than the price offered to the offeror's designated Most Favored Customer, the offeror must explain the rationale for proposing such a price in a manner sufficient to enable the contracting officer to determine that the rate is fair and reasonable.

  • GSA's pricing goal is to obtain equal to or better than the offeror’s Most Favored Customer (MFC) pricing under the same or similar terms and conditions.


More Definitions of Most Favored Customer

Most Favored Customer is defined as the understanding between the Parties that the prices, contractual and business benefits offered by DIGEX to LCI shall be comparable to or better than the prices, business and contractual benefits provided to other DIGEX customers, having similar or less volume commitments (including resellers) and purchasing similar Services. In the event that DIGEX shall fail in this regard as determined by (the "Audit") set forth in section 10.3 below, DIGEX shall credit LCI the required difference for the period of time LCI did not receive Most Favored Customer status and provide LCI the pricing, contractual, and business benefits not received.
Most Favored Customer means, subject to applicable laws, that the prices (and/or license fees or royalties) charged, and terms provided, to Intel for a subject Intellon product shall always be Intellon’s lowest price charged, and most favorable terms provided, during the same calendar quarter to any customer for comparable or lesser volumes of that or a functionally equivalent product, regardless of any special terms, conditions, rebates, or allowances of any nature. Any reductions in price resulting from the application of the foregoing shall apply to Intel’s purchases during the calendar quarter prospectively from the date on which such pricing terms become effective in such other third party customer agreement. For purposes of determining compliance with any MFC requirements, samples and products supplied for testing, reference design or demonstration purposes shall be excluded. The purchase date is defined as the date that Intel issues a purchase order. Intel is eligible to receive MFC pricing and terms for purchases made for delivery within the same calendar quarter, and purchase orders that specify Intellon’s soonest available delivery - even if delivery occurs in a subsequent calendar quarter. For the purposes of this definition, “calendar quarter” describes a 13 week period, where the first quarter begins on January 1 of each year.
Most Favored Customer. PROVISION. If Contractor has negotiated terms or conditions for the sale of goods or services to another client of Contractor which the University deems more favorable than those contained herein, the University may request and shall be afforded the opportunity to purchase those goods or services on the same terms and conditions as Contractor has negotiated to provide a third party under reasonably similar circumstances. ANTI-TRUST VIOLATIONS. Contractor recognizes that in actual economic practice, overcharges resulting from antitrust violations are, in fact, usually borne by the buyer. Therefore, Contractor hereby assigns to the University, as the buyer of goods and services under this Agreement, any and all claims for such overcharges as to goods and services purchased in connection with this Agreement.
Most Favored Customer means, subject to applicable laws, that [****].
Most Favored Customer. Adept agrees that for the Term of the Agreement JDSU shall have "Most Favored Customer" status with respect to price, margins and capacity allocation (capacity shall include manufacturing, technical, engineering and support personnel and equipment). For purposes of this Agreement, Most Favored Customer means that the price, margins and capacity allocation of Products that Adept sells to JDSU shall be equivalent or better than the price, margins and capacity allocation of Products or any products with similar functionality or components, including telecommunications manufacturing equipment, offered by Adept to third parties. For any Products or services that JDSU is purchasing from Adept, if Adept provides to a third party these Products or substantially similar products at a price, margin or capacity commitment which is better than the price, margin or capacity commitment being provided to JDSU, Adept will notify JDSU of the terms of the offer and JDSU shall be entitled to purchase the Products or services on equivalent or better terms and subject to the conditions. In addition, JDSU shall be entitled to a credit in the amount equal to the difference between the more favorable price or margins offered by Adept and the price or margins paid by JDSU, multiplied by the number of Products purchased from the time that the more favorable price, margin or capacity commitment was provided by Adept.
Most Favored Customer means the most favorable rates charged by HEALTH HERO to commercial customers or other strategic partners including licensees (but excluding any governmental entities or agencies) to whom HEALTH HERO provides comparable technical assistance. If at the time such charges are incurred, HEALTH HERO is not providing to a commercial customer or other strategic partners, comparable technical assistance, then HEALTH HERO shall charge AMAC no more than HEALTH HERO's standard rates for engineering services as set forth in HEALTH HERO'S then current price list for such services. As of the Effective Date, HEALTH HERO'S current rate for its engineering services is $[*] per hour. Notwithstanding the foregoing, HEALTH HERO will not be required to perform any development work or provide any technical assistance hereunder that HEALTH HERO reasonably believes could be deemed to be unlawful or could result in the development of a product that infringes or misappropriates any intellectual property rights (including without limitation HEALTH HERO intellectual property rights), or which is outside of the scope of the license grant by HEALTH HERO to AMAC as set forth in Section 7 herein. Subject to the foregoing, following commercial launch of the PERS BUDDY, HEALTH HERO shall continue providing AMAC with technical assistance as needed for the PERS BUDDY on a time and materials basis at HEALTH HERO'S then-current hourly rates; provided, however, that HEALTH HERO shall provide the services specified in the first sentence of Section 2.4(a) without charge to AMAC.
Most Favored Customer means, subject to applicable laws, that the prices (and/or license fees or royalties) charged, and terms provided, to Intel for a subject Intellon product shall always be [*****] provided, during [*****] to any customer for [*****], regardless of any special terms, conditions, rebates, or allowances of any nature. Any [*****] resulting from the application of the foregoing shall apply to Intel’s purchases [*****] in such other third party customer agreement. For purposes of determining compliance with any MFC requirements, samples and products supplied for testing, reference design or demonstration purposes shall be excluded. The purchase date is defined as the date that Intel issues a purchase order. Intel is eligible to receive MFC pricing and terms for purchases made for delivery within [*****] even if delivery occurs in [*****]. For the purposes of this definition, [*****].