PRICE AND DISCOUNT CHANGES Clause Samples
The "Price and Discount Changes" clause defines how and when the prices of goods or services, as well as any applicable discounts, may be adjusted during the term of an agreement. Typically, this clause outlines the process for notifying the other party of upcoming price increases or changes to discount structures, and may specify advance notice periods or limitations on the frequency or amount of such changes. Its core function is to provide transparency and predictability regarding pricing, helping both parties manage budgeting and avoid disputes over unexpected cost adjustments.
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PRICE AND DISCOUNT CHANGES. COMPANY may increase the prices set forth in Exhibit A by written notice to SP not less than thirty (30) days prior to the effective date of such increase. A price increase or decrease will apply to all SP Purchase Orders issued after such date of notification. COMPANY may change the discount granted to SP by written notice to SP not less than thirty (30) days prior to the effective date of such change. The effective date of such change shall be the date of actual change in discount.
PRICE AND DISCOUNT CHANGES. COMPANY may increase the prices set forth in Exhibit A by written notice to VAD not less than thirty (30) days prior to the effective date of such increase. A price increase or decrease will apply to all VAD Purchase Orders issued after such date of notification. COMPANY may change the discount granted to VAD by written notice to VAD not less than thirty (30) days prior to the effective date of such change. The effective date of such change shall be the date of actual change in discount.
PRICE AND DISCOUNT CHANGES. We will not increase the Eligible Service charges during the first year of the contract period. Thereafter, we may increase Eligible Service charges by giving you three months' written notice except for one-time charges which we may increase without notice. However, an increase to one-time charges does not apply to you if 1) we receive your order before the announcement date of the increase and 2) we make the Eligible Service available to you within three months after our receipt of your order. Increases become effective on the first day of a month. If the effective date as we specify in the notice is other than the first day of a month, the increase applies on the first day of the following month. When the cumulative effect of an increase in Eligible Service charges in any one year of the contract period results in a change to our invoice to you of more than six (unless we specify otherwise in writing) percent (determined by recalculating your last invoice using the new charges), you may terminate this Attachment by giving us written notice. We must receive the notice before the effective date of the change. For one-time charges, you receive the benefit of a price decrease when the Service Start Date occurs on or after the effective date of the decrease. For recurring charges and usage charges, you receive the benefit of a decrease on the first day of the month following the effective date of the decrease.
PRICE AND DISCOUNT CHANGES. We may change prices and increase discounts at any time. We may decrease discounts on one month's written notice. Price increases for Products and Services included in a project do not apply to you for up to two years from the start date of a project (we will protect the price that was in effect at the time we received the first order for the project) if you documented the project to us and we approved and accepted such documentation. We will specify additional details, if any, to you in writing. We will specify in your Exhibit if the following credit terms do not apply to Products and Services we approve you to market. If we decrease the price or increase the discount for a Product or Service, you will be eligible to receive a price decrease credit or a discount increase credit for those you acquired directly from us that are in your inventory, or in transit, or if the Product's date of installation or Service start date has not occurred. However, Products acquired from us under a special offering (for example, a promotional price or a special incentive) may not be eligible for a full credit. You must certify your inventory to us in writing within one month of the effective date of the change. The credit is the difference between the price you paid, after any adjustments, and the new price. THE FOLLOWING TERMS APPLY TO PROGRAMS LICENSED ON A RECURRING-CHARGE BASIS: We may increase a recurring charge for a Program by giving you three months' written notice. An increase applies on the first day of the invoice or charging period on or after the effective date we specify in the notice.