Common use of Price Increases/Decreases Clause in Contracts

Price Increases/Decreases. SUPPLIER may, at any time during the term of this Agreement, increase its prices for the Products by providing DISTRIBUTOR with at least sixty (60) days prior written notice. Increased prices for all Products shall not apply to purchase orders accepted prior to the effective date of the price increase unless such orders provide for delivery, and delivery is in fact made, more than one-hundred and twenty (120) days after the date of acceptance of the order. Price decreases with respect to all Products shall be effective immediately upon written notice to the DISTRIBUTOR on all such Products not yet delivered.

Appears in 3 contracts

Samples: Distribution Agreement (NSJ-US. Co., Ltd.), Distribution Agreement (Golden Oasis New Energy Group, Inc.), Distribution Agreement (Mega World Food Holding Co)

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Price Increases/Decreases. SUPPLIER may, at any time during the ---------------------------- term of this Agreement, increase its prices for the Products by providing DISTRIBUTOR with at least sixty [SIXTY (60) )] days prior written notice. Increased prices for all Products shall not apply to purchase orders accepted prior to the effective date of the price increase unless such orders provide for delivery, and delivery is in fact made, more than one[ONE-hundred and twenty HUNDRED AND TWENTY (120) )] days after the date of acceptance of the order. Price decreases with respect to all Products shall be effective immediately upon written notice to the DISTRIBUTOR on all such Products not yet delivered.

Appears in 1 contract

Samples: Distribution Agreement (Glotech Industries Inc)

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