Common use of Price Reduction Clause in Contracts

Price Reduction. ‌ If the Contractor has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right to a proportional reduction in price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 12 contracts

Sources: Purchase Agreement, Purchasing Agreement, Purchase Agreement

Price Reduction. If the Contractor Consultant has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right to may claim a proportional reduction in the contract price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 7 contracts

Sources: Research and Development Agreement, Consultancy Assistance Agreement, Consultancy Assignment Agreement

Price Reduction. If the Contractor has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right to may claim a proportional reduction in the contract price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 7 contracts

Sources: Development and Customisation Agreement, Development and Customisation Agreement, Development and Customisation Agreement

Price Reduction. If the Contractor has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right to a proportional reduction in price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 4 contracts

Sources: Purchasing Agreement, Purchasing Agreement, Purchasing Agreement

Price Reduction. If the Contractor has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right be entitled to a proportional reduction in priceprice reduction. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 2 contracts

Sources: Sale and Purchase Agreement, Sale and Purchase Agreement

Price Reduction. If the Contractor has not succeeded, despite repeated attempts, in curing a defectdefect or delay, the Customer shall have the right to may claim a proportional reduction in the contract price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 2 contracts

Sources: Agile Software Development Agreement, Agile Software Development Agreement

Price Reduction. If the Contractor Supplier has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right to a proportional reduction in price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 1 contract

Sources: Call Off Agreement

Price Reduction. ‌ If the Contractor has not succeeded, despite repeated attempts, in curing a defect, the Customer shall have the right to may claim a proportional reduction in the contract price. The price reduction shall compensate for the reduced value of what has been delivered, and shall be independent of any damages.

Appears in 1 contract

Sources: Development and Customisation Agreement