Common use of OEM Options Discount Clause in Contracts

OEM Options Discount. The discount percentage, listed for the Representative Model’s OEM Options, shall be the minimum discount percentage applied off the current MSRP (Price, not MSRP Credit) for OEM Options during the Contract period. If an OEM Option has a positive MSRP (e.g., $1.00), then the OEM Option Discount (e.g., 10%) will provide a lower OEM Option Net Price for the individual OEM Option (e.g., $1.00 MSRP x (1-10% OEM Options Discount)] = $0.90 OEM Option Net Price); OEM Option’s Net Prices shall be rounded to the nearest whole cent. OEM Option’s MSRP Credits will be stated as the MSRP list price, with the OEM Option Discount applied. The OEM Option’s discount percentage does not apply to the OEM Options listed on the pricing sheets and shall only be applied to upgrades made to the Representative Model specifications based on performance needs.

Appears in 15 contracts

Samples: State Term Contract, State Term Contract, State Term Contract

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