Best Pricing Clause Sample Clauses

A Best Pricing Clause requires a seller to offer a buyer the most favorable price that the seller offers to any other customer for the same goods or services. In practice, this means that if the seller provides a lower price or better terms to another customer, the buyer covered by the clause is entitled to receive the same pricing or terms automatically or upon request. This clause ensures that the buyer is protected from paying more than other customers, promoting fairness and competitiveness in pricing.
Best Pricing Clause. ‌ Contractor acknowledges and recognizes that the State wants to take advantage of any improvements in premium pricing over the course of the Contract period. To that end, the pricing indicated in this Contract is the guaranteed maximum price. The Contractor’s premium pricing under this Contract will not exceed the Contractor’s pricing for substantially the same Plan(s) provided to any other substantially similar clients. During the term of the Contract, if Contractor provides substantially the same Plan(s) to any other substantially similar clients, whether a public or private entity, with pricing terms more favorable than the premium pricing in this Contract, then Contractor agrees to offer equivalent pricing terms to the Department and the Department and Contractor may execute an amendment of this Contract to adopt the equivalent pricing terms if determined acceptable to the Department. In addition, Services and programs not currently part of the benefits offered to Participants, but offered to substantially similar clients, shall be proposed for the Department’s consideration to offer to Participants for the same or lower price. This does not include or apply to other Plan Design offerings. New offerings shall not be added or incorporated under this provision. The Contractor agrees to annually submit to Department an affidavit from an authorized representative attesting that the Contractor is in compliance with Attachment 1: Affidavit of Best Pricing. The affidavit shall be submitted to the Department no later than December 31st each year of the Contract term.
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Best Pricing Clause. During the Contract term, if Vendor sells substantially the same Services at a lower price to any other substantially similar clients, then Vendor shall immediately reduce the cost to State Participants to the lowest price. In addition, Services and programs not currently part of the benefits offered to State Participants, but offered to substantially similar clients, shall likewise be offered to State Participants for the same or lower price. This does not include or apply to other benefit designs or Plan offerings. New offerings cannot be added or incorporated under this provision. The Vendor agrees to submit to Department at least annually an affidavit from an authorized representative attesting that the Vendor is in compliance with this preferred pricing provision. COMBINED HIPAA PRIVACY BUSINESS ASSOCIATE AGREEMENT AND CONFIDENTIALITY AGREEMENT AND HIPAA SECURITY RULE ADDENDUM AND HITECH ACT COMPLIANCE AGREEMENT‌ The parties have entered into this Agreement for the purpose of satisfying the Business Associate contract requirements of the regulations at 45 CFR 164.502(e) and 164.504(e), issued under the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”), the Security Rule, codified at 45 Code of Federal Regulations (“C.F.R.”) Part 164, Subparts A and C, the Health Information Technology For Economic and Clinical Health Act (the HITECH Act, as enacted in Pub. L. No. 111-05 H.R., 111th Cong. (2009), Title XIII.), as well as the confidentiality requirements contained in section 110.123 (9), Florida Statutes.
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Best Pricing Clause. During the Contract term, if Contractor provides substantially the same Plans at a lower premium to any other substantially similar clients, then Contractor shall immediately reduce the premium to the lowest price for this Contract. In addition, Services and programs not currently part of the benefits offered to Participants, but offered to substantially similar clients, shall likewise be offered to Participants for the same or lower price. This does not include or apply to other benefit designs or Plan offerings. New offerings cannot be added or incorporated under this provision. The Contractor agrees to annually submit to Department an affidavit from an authorized representative attesting that the Contractor is in compliance with this preferred pricing provision (attachment K).
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Best Pricing Clause. ‌ During the Contract term, if Vendor sells substantially the same Services at a lower price to any other substantially similar clients, then Vendor shall immediately reduce the cost to State Participants to the lowest price. In addition, Services and programs not currently part of the benefits offered to State Participants, but offered to substantially similar clients, shall likewise be offered to State Participants for the same or lower price. This does not include or apply to other benefit designs or Plan offerings. New offerings cannot be added or incorporated under this provision. The Vendor agrees to submit to Department at least annually an affidavit from an authorized representative attesting that the Vendor is in compliance with this preferred pricing provision.
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Best Pricing Clause. During the Contract term, if Contractor provides substantially the same Plans at a lower premium to any other substantially similar clients, then Contractor shall immediately reduce the premium to the lowest price for this Contract. In addition, Services and programs not currently part of the benefits offered to Participants, but offered to substantially similar clients, shall likewise be offered to Participants for the same or lower price. This does not include or apply to other benefit designs or Plan offerings. New offerings cannot be added or incorporated under this provision. The Contractor agrees to annually submit to Department an affidavit from an authorized representative attesting that the Contractor is in compliance with this preferred pricing provision. Attachment A: Minimum Service Requirements I. Implementation 1. Contractor shall submit the final Implementation Plan to the Department for approval no later than ten Business Days following mutual execution of the Contract. If the Implementation Plan is not determined by the Department to be sufficient, Contractor will diligently work to deliver a final Implementation Plan satisfactory to the Department. Contractor recognizes that time is of the essence in completing an Implementation Plan. The Implementation Plan shall fully detail all steps necessary to begin full performance of the Contract on January 1, 2016, specify expected dates of completion of all steps and identify the person(s) responsible for each step. The development and execution of the Implementation Plan is subject to PG-1 of Attachment B: Performance Guarantees and section 6 of the Contract for failure to meet the milestones identified therein. The Implementation Plan shall include, but is not limited to, the following implementation milestones:
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Best Pricing Clause. During the Contract term, if Contractor provides substantially the same Plan(s) at a lower premium to any other substantially similar clients, then Contractor shall immediately reduce the premium to the lowest price for this Contract. In addition, Services and programs not currently part of the benefits offered to Participants, but offered to substantially similar clients, shall be proposed for the Department’s consideration to offer to Participants for the same or lower price. This does not include or apply to other benefit designs or Plan offerings. New offerings shall not be added or incorporated under this provision. The Contractor agrees to annually submit to Department an affidavit from an authorized representative attesting that the Contractor is in compliance with this Best Price Affidavit (Attachment K). The affidavit will be submitted to the Department by December 31st each year.
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Related to Best Pricing Clause

  • Saving Clause If any provision(s) of this Agreement shall be determined to be illegal or unenforceable, such determination shall in no manner affect the legality or enforceability of any other provision hereof.

  • Mortgage Clause 1. If a mortgagee is named in this policy, any loss payable under Coverage A or B will be paid to the mortgagee and you, as interests appear. If more than one mortgagee is named, the order of payment will be the same as the order of precedence of the mortgages. 2. If we deny your claim, that denial will not apply to a valid claim of the mortgagee, if the mortgagee: a. Notifies us of any change in ownership, occupancy or substantial change in risk of which the mortgagee is aware; b. Pays any premium due under this policy on demand if you have neglected to pay the premium; and c. Submits a signed, sworn statement of loss within 60 days after receiving notice from us of your failure to do so. Paragraphs F. Appraisal, H. Suit Against Us and J. Loss Payment under Section I – Conditions also apply to the mortgagee. 3. If we decide to cancel or not to renew this policy, the mortgagee will be notified at least 4. If we pay the mortgagee for any loss and deny payment to you: a. We are subrogated to all the rights of the mortgagee granted under the mortgage on the property; or b. At our option, we may pay to the mortgagee the whole principal on the mortgage plus any accrued interest. In this event, we will receive a full assignment and transfer of the mortgage and all securities held as collateral to the mortgage debt. 5. Subrogation will not impair the right of the mortgagee to recover the full amount of the mortgagee's claim.

  • ENABLING CLAUSE By written agreement between Company and Union, other provisions may be substituted for the provisions of this Title.

  • Best Pricing Offer During the term of the Term Contract, if the Department or Customer becomes aware of better pricing offered by the Contractor for substantially the same or a smaller quantity of a Product outside the Term Contract, but upon the same or similar terms of the Term Contract, then the Department or Customer may request that the Contractor immediately reduce to the lower price.

  • Sunset Clause Notice of disciplinary action which may have been placed on the personnel file of an employee shall be destroyed after two (2) years have elapsed since the disciplinary action was taken provided that no further disciplinary action has been recorded during this period. The employee shall be notified orally when such notice has been destroyed.