Common use of Price regulation Clause in Contracts

Price regulation. Notwithstanding any other provision of this Agreement, if any state or local law, rule, regulation, or order (a) regulating the price at which Product to be sold hereunder may be sold or (b) limiting the discretion of Supplier to determine to whom it will sell such Product, becomes effective during the term of this Agreement in any state in which such Product is to be sold hereunder, Supplier shall have the right to terminate this Agreement immediately.

Price regulation. Notwithstanding any other provision of this Agreement, if any state or local law, rule, regulation, or order (a) regulating the price at which Product to be sold hereunder may be sold or (b) limiting the discretion of Supplier to determine to whom it will sell such Product, becomes effective during the term of this Agreement Applicable Term in any state in which such Product is to be sold hereunder, Supplier shall have the right to terminate this Agreement immediately.