Common use of Distributor Price Protection Clause in Contracts

Distributor Price Protection. AltiGen shall notify Distributor of the effective date of a [*] for any of the Products covered herein. All inventory acquired by Distributor from AltiGen prior to the effective date of the [*] and not yet sold or under a contract for sale will be granted price protection as set forth herein. This will also include any product order accepted by AltiGen that has not shipped, all product in transit from AltiGen to Distributor's warehouse and product in transit between Distributor's warehouses during the less than [*] period before the effective date of the [*] and not yet sold or under a contract for sale will be granted price protection as set forth herein. [*] To obtain price protection, within [*] of receipt of AltiGen' notice of the [*] Distributor shall provide to AltiGen a written inventory report showing by part number the quantity of each AltiGen Product in the Distributor's inventory as of the effective date of the [*] Price protection will not be granted in the case of a temporary [*] or special promotion.

Distributor Price Protection. AltiGen shall notify Distributor of the effective date of a [*****] for any of the Products covered herein. All inventory acquired by Distributor from AltiGen prior to the effective date of the [*****] and not yet sold or under a contract for sale will be granted price protection as set forth herein. This will also include any product order accepted by AltiGen that has not shipped, all product in transit from AltiGen to Distributor's warehouse and product in transit between Distributor's warehouses during the less than [*****] period before the effective date of the [*****] and not yet sold or under a contract for sale will be granted price protection as set forth herein. For each such copy of Product, the [*] ****]will be credited to Distributor's account. To obtain price protection, within [*****] of receipt of AltiGen' 's notice of the [*] ****], Distributor shall provide to AltiGen a written inventory report showing by part number the quantity of each AltiGen Product in the Distributor's inventory as of the effective date of the [*] Price protection will not be granted in the case of a temporary ****]. [*] or special promotion****].

Distributor Price Protection. AltiGen shall notify Distributor of the effective date of a [*] (Redated) for any of the Products covered herein. All inventory acquired by Distributor from AltiGen prior to the effective date of the [*] (Redated) and not yet sold or under a contract for sale will be granted price protection as set forth herein. This will also include any product order accepted by AltiGen that has not shipped, all product in transit from AltiGen to Distributor's warehouse and product in transit between Distributor's warehouses during the less than [*] (Redated) period before the effective date of the [*] (Redated) and not yet sold or under a contract for sale will be granted price protection as set forth herein. [*] (Redated) To obtain price protection, within [*] (Redated) of receipt of AltiGen' notice of the [*] (Redated) Distributor shall provide to AltiGen a written inventory report showing by part number the quantity of each AltiGen Product in the Distributor's inventory as of the effective date of the [*] (Redated) Price protection will not be granted in the case of a temporary [*] (Redated) or special promotion.