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Common use of COMPETITIVE PRICES Clause in Contracts

COMPETITIVE PRICES. If during the period of this Agreement, Buyer is offered Product of at least substantially equal quality and in like quantity at a lower price than that in effect hereunder, Seller will either meet such lower price for the undelivered Product under this Agreement or permit Buyer to accept the offer and the quantity so purchased will be deducted from the quantity deliverable hereunder.

Appears in 2 contracts

Samples: Terms and Conditions for Purchase of Raw Materials, General Terms and Conditions of Purchase

COMPETITIVE PRICES. If during the period of this Agreement, Buyer is offered Product of at least substantially equal quality and in like quantity at a lower price than that in effect hereunder, Seller will either meet such lower price for the undelivered Product under this underthis Agreement or permit Buyer to accept the offer and the quantity so purchased will be deducted from the quantity deliverable hereunder.

Appears in 2 contracts

Samples: Terms and Conditions for Purchase of Raw Materials, Terms and Conditions for Purchase of Raw Materials