Changes to the Discounts Sample Clauses
The "Changes to the Discounts" clause defines the conditions under which the terms of any discounts provided in the agreement may be modified. Typically, this clause outlines the process for adjusting discount rates, eligibility criteria, or the duration of discounts, and may specify requirements such as advance notice or mutual agreement before changes take effect. Its core function is to provide a clear mechanism for updating discount terms, ensuring both parties understand how and when such changes can occur, thereby reducing the risk of disputes over pricing adjustments.
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Changes to the Discounts. The Discounts shall be effective throughout the term of this Agreement unless and until Genentech alters its list price for Genentech HGH, in which case the Parties shall discuss in good faith the level of discount, if any, applicable to the new list prices. In the event of changes in any laws or regulations of any jurisdiction relating to the promotion, sale or pricing of prescription drugs, or in the interpretation or application of any such laws or regulations, Genentech reserves the right to discontinue the Discounts provided hereunder in such jurisdiction upon sixty (60) days prior written notice to Nova Factor.