Common use of LOWERING PRICING OF PRODUCTS Clause in Contracts

LOWERING PRICING OF PRODUCTS. All Product Pricing can be lowered at any time throughout the term of this Agreement and any extensions. Agreement pricing for Products can be lowered without lowering the Product prices on the Contractor's Manufacturer Umbrella Price List. If Product pricing on the Contractor's Manufacturer Umbrella Price List decreases, a modification must be made to the Price List under this Agreement to reflect the price decreases. If Contractor wishes to lower the price for a component in the Standard Configuration, the Contractor must state the new Product pricing in the Proposed Aggregate Agreement Price column on the Attachment 5, Pricing Modification Form. The proposed lower price will become the new Agreement price for the component upon OGS approval. If Contractor wishes to lower the price of a Required Product or an Additional Product, the Contractor must state the new Product pricing in the respective column on the Attachment 5, Pricing Modification Form. The proposed lower price minus the percentage discount will become the new Agreement price for the Additional Product upon OGS approval.

Appears in 3 contracts

Samples: 01 Agreement Terms and Conditions, 01 Agreement Terms and Conditions, 01 Agreement Terms and Conditions

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LOWERING PRICING OF PRODUCTS. All Product Pricing pricing on the Contractor’s Agreement Price List can be lowered at any time throughout the term of this the Agreement and any extensions. Agreement pricing for Products can be lowered without lowering the Product prices on the Contractor's Manufacturer Umbrella Price List. If Product pricing on the Contractor's Manufacturer Umbrella Price List decreases, a modification must be made to the Price List under this Agreement price list to reflect the price decreases. If a Contractor wishes to lower the price for a component in the Standard Configuration, the Contractor must state the new Product pricing in the Proposed Aggregate Agreement Price column on the Attachment 5, 5 – Pricing Modification Form. The proposed lower price will become the new Agreement price for the component upon OGS approvalcomponent. If a Contractor wishes to lower the price of a Required Product or an Additional Product, the Contractor must state the new Product pricing in the respective column on the Attachment 5, 5 – Pricing Modification Form. The proposed lower price minus the percentage discount will become the new Agreement price for the Required Product or Additional Product upon OGS approvalProduct.

Appears in 3 contracts

Samples: Types of Agreement, Types of Agreement, Types of Agreement

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