Common use of Disclosure of Discounts Clause in Contracts

Disclosure of Discounts. UC acknowledges that discounts, rebates, credit, free goods and services, coupons or other things of value which it may receive from Supplier under the Agreement constitute a discount or reduction in price for purposes of 42 U.S.C. paragraph 1320a-7(b)(3)(A). UC agrees to file all appropriate reports and to properly disclose and reflect all such discounts, rebates, credit, free goods and services, coupons or other things of value or any price reductions in any report filed in connection with state or federal cost reimbursement programs. However, UC agrees not to disclose the prices or the terms and conditions of purchases from Supplier to any person except as required by law in such reports or otherwise.

Appears in 4 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

AutoNDA by SimpleDocs

Disclosure of Discounts. UC acknowledges that discounts, rebates, credit, free goods and services, coupons or other things of value which it may receive from Supplier under the Agreement constitute a discount or reduction in price for purposes of 42 U.S.C. paragraph 1320a-7(b)(3)(A). UC agrees to file all appropriate reports and to properly disclose and reflect all such discounts, rebates, credit, free goods and services, coupons or other things of value or any price reductions in any report filed in connection with state or federal cost reimbursement programs. However, UC agrees not to disclose the prices or the terms and conditions of purchases from Supplier to any person except as required by law in such reports or otherwise.

Appears in 1 contract

Samples: Master Purchasing Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!