Price Competitiveness Sample Clauses
The Price Competitiveness clause ensures that the prices offered by a party, typically a supplier, remain competitive with those available in the market. In practice, this clause may require the supplier to match or beat lower prices offered by competitors for similar goods or services, or to periodically review and adjust pricing to reflect market conditions. Its core function is to protect the buyer from overpaying and to incentivize the supplier to maintain fair and market-aligned pricing throughout the contract term.
POPULAR SAMPLE Copied 1 times
Price Competitiveness. Seller warrants that the Goods and Services will remain competitive in terms of technology, price, design and quality with similar materials available to Buyer during the term of the Order. If, in the reasonable opinion of Buyer, any of the Goods and Services do not remain competitive, Buyer will notify Seller in writing of the area(s) in which the Goods and Services are not competitive. Seller will have thirty (30) days from the date of such notice within which to submit a plan acceptable to Buyer to make the Goods and Services competitive. If Seller is unable or unwilling to do so, or if Seller fails to implement the plan, Buyer may terminate the Order and purchase such Goods and Services from another supplier without liability to Seller.
Price Competitiveness. Vendor shall sell the Products to USF at Vendor's most favorable net pricing for Products. 14. Miscellaneous, (a) Vendor shall not assign, delegate or otherwise transfer (by merger, asset sale, contract, operation of law or otherwise) its rights or obligations under any VPA, or grant a security interest in or pledge as collateral any interest in a VPA, without USF's prior written consent. In the event that Vendor intends to transfer less than all or substantially all of its assets, i.e., a division or a product line, to a third-party, and included among the assets being transferred are Products sold to USF pursuant to the terms of a VPA, then Vendor shall notify USF at least 30 days in advance of such transfer, and Vendor shall cause the third-party buyer to assume Vendor's obligations under the VPA with respect to the Products being transferred.
Price Competitiveness. Appleton agrees to remain competitive with market conditions within the industry. Appleton warrants that prices, allowances and other terms and conditions are as favorable as any offered by Appleton to any other customer of the same or substantially similar volume and type of business. If more favorable prices, allowances or other terms and conditions are hereafter offered by Appleton to any other such customer during the duration of this agreement, Appleton shall immediately notify NEBS and such prices, allowances and other terms and conditions shall apply to such portion of this agreement as may remain on the date such changes become effective. Should any other manufacturer of carbonless paper offer to NEBS a lower net price on any carbonless product frequently purchased by NEBS which is the same or essentially similar to an Appleton product covered by this agreement, NEBS may, at its option, provide full and complete details of such offer in writing to Appleton and request that Appleton meet such offer. If Appleton declines to meet such offer, NEBS reserves the right to procure whichever portion of their requirements are offered at the lower price from that other supplier.
Price Competitiveness. Throughout the Term of this Agreement, KHC and/or Purchasers shall review Vendor’s pricing. Vendor will make a good faith effort to be responsive to Vendor’s respective marketplace price changes so that if marketplace pricing decreases, Vendor will extend such pricing decreases to KHC and the Purchasers. During the Term should KHC and/or Purchasers find Vendor’s pricing uncompetitive, KHC and Vendor will negotiate in good faith for price adjustments for the succeeding period. Should KHC and Purchasers not agree with the outcome of the negotiations, then this Agreement may be terminated upon 45 days’ written notice to Vendor by KHC or a Purchaser (with respect to such Purchaser’s participation under this Agreement).
Price Competitiveness. Seller warrants that prices specified in this Purchase Agreement are not higher than those charged other customers for the same type of goods or materials in similar quantities or the same type of services. Seller further agrees that the prices charged for the goods, materials or services covered by this Purchase Agreement are not in violation of any government price regulation.