Common use of Price Conformance Clause in Contracts

Price Conformance. At any time during the Term, County may survey or cause to be surveyed, prices being charged for goods or services offered by Tenant. County shall have the right to monitor and test all of Tenant’s goods and services prices by a shopping service or County personnel. If County concludes, based on the results of the survey, that any prices being charged by Tenant do not comply with the County’s Pricing Standards, County will require Tenant to adjust prices to the amounts permitted herein. Tenant will, within three (3) business days of written notice from County, adjust any prices that County determines, in its sole discretion, to be inconsistent with the County’s Pricing Standards. Failure to rectify any pricing discrepancies within the aforementioned three (3) days shall constitute a material breach by Tenant of this Lease and, in addition to the collection of violation fines, as set forth in Section 8.01, and all other remedies available to County, County may, in its sole discretion, terminate this Lease.

Appears in 3 contracts

Samples: Retail Concession Lease, Retail Concession Lease, Food & Beverage Concession Lease

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Price Conformance. At any time during the Term, County may survey or cause to be surveyed, prices being charged for goods or services offered by Tenant. County shall have the right to monitor and test all of Tenant’s goods and services prices by a shopping service or County personnel. If County concludes, based on the results of the survey, that any prices being charged by Tenant do not comply with the County’s Pricing Standards, County will require Tenant to adjust prices to the amounts permitted herein. Tenant will, within three (3) business days of written notice from County, adjust any prices that County determines, in its sole discretion, to be inconsistent with the County’s Pricing Standards. Failure to rectify any pricing discrepancies within the aforementioned three (3) days shall constitute a material breach by Tenant of this Lease and, in addition to the collection of violation fines, as set forth in Section 8.01, and all other remedies available to County, County may, in its sole discretion, terminate this Lease.. DocuSign Envelope ID: 3D69B7F0-C0A2-48D7-BAEA-EC290E626401

Appears in 1 contract

Samples: Concession Lease Agreement

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