Common use of Most Favored Terms Clause in Contracts

Most Favored Terms. (a) Upon the request of Company, Contractor shall provide to Company with such information as Company may reasonably request in order to confirm the Most Favored Terms; provided, that (i) Contractor may require that Company enter into a confidentiality agreement, in a form reasonably satisfactory to Contractor, as a condition to providing such information; (ii) Contractor shall not be required to provide any information to the extent Contractor is restricted from doing so by any applicable law or any confidentiality obligations to Third Parties; and (iii) the information provided shall be limited to only that information that is necessary to determine Most Favored Terms. (b) Company agrees that Contractor’s pricing under the Most Favored Terms (i) is based on the scope of Work and (ii) will be based on pricing that takes into account the kind and amount of work provided by Contractor to its Third Party customers. At any time during the Term, with respect to Work provided by Contractor to Company on the Most Favored Terms, if Contractor enters into any agreement with any Third Party customer that provides for benefits or terms more favorable than those contained in this Agreement for similar services, under similar contract terms and using similar equipment, this Agreement shall be deemed to be modified to provide Company with such more favorable benefits and terms.

Most Favored Terms. (a) Upon the request of Company, Contractor shall provide to Company with such information as Company may reasonably request in order to confirm the Most Favored Terms; provided, that (i) Contractor may require that Company enter into a confidentiality agreement, in a form reasonably satisfactory to Contractor, as a condition to providing such information; (ii) Contractor shall not be required to provide any information to the extent Contractor is restricted from doing so by any applicable law or any confidentiality obligations to Third Parties; and (iii) the information provided shall be limited to only that information that is necessary to determine Most Favored Terms. (b) Company agrees that Contractor’s pricing under the Most Favored Terms (i) is based on the scope of Work and (ii) will be based on pricing that takes into account the kind kind, amount and amount location of work provided by Contractor to its Third Party customers. At any time during the Term, with respect to Work provided by Contractor to Company on the Most Favored Terms, if Contractor enters into any agreement with any Third Party customer that provides for benefits or terms more favorable than those contained in this Agreement for similar services, under similar contract terms and using similar equipmentequipment in a similar location, this Agreement shall be deemed to be modified to provide Company with such more favorable benefits and terms.