Future Change in Quality Specifications. The Parties recognize that during the Term there might be significant changes to any of the Specifications due to industry initiative and/or applicable Laws. If Seller anticipates a change in Specifications, it shall inform Buyer of such contemplated change and both Parties will meet and agree on the appropriate Price adjustment which will apply, using principles of market-based pricing as used in this Agreement.
Appears in 4 contracts
Samples: License Agreement, Trademark License Agreement (CST Brands, Inc.), Trademark License Agreement (CST Brands, Inc.)