Common use of Most Favorable Terms Clause in Contracts

Most Favorable Terms. Contractor agrees that all fees, pricing, terms, and warranties provided by the Contractor under the Contract are substantially similar to the best equivalent terms being offered by the Contractor to any entity similarly situated. If during the term of the Contract, the Contractor enters into an arrangement with any similarly situated entity, Contractor hereby agrees to amend the Contract to provide the same to ITS.

Appears in 2 contracts

Samples: Contract, Contract

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Most Favorable Terms. Contractor agrees that all fees, pricingprices, terms, warranties, and warranties benefits provided by the Contractor under the in this Contract are substantially similar comparable to or better than the best equivalent terms Terms presently being offered by the Contractor to any other governmental entity similarly situatedpurchasing the same quantity under similar terms. If during the term Term of the this Contract, the Contractor enters shall enter into an arrangement contracts with any similarly situated entityother governmental entity providing greater benefits or more favorable terms than those provided by this Contract, Contractor hereby agrees to amend the Contract shall be obligated to provide the same to ITSDRS for subsequent purchases.

Appears in 1 contract

Samples: Contract for Services

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Most Favorable Terms. Contractor agrees that all fees, pricing, terms, and warranties provided by the Contractor for services rendered under the Contract are substantially similar to the best equivalent terms being offered by the Contractor to any substantially similar entity similarly situated. If during the term of the Contract, the Contractor enters into an arrangement with any similarly situated entity, Contractor hereby agrees to amend the Contract to provide the same to ITS.

Appears in 1 contract

Samples: Contract

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