Common use of PRICING WARRANTY AND DISCOUNTS Clause in Contracts

PRICING WARRANTY AND DISCOUNTS. The University qualifies for governmental discounts and educational discounts. Unit prices shall reflect these discounts. Contractor warrants that the terms, conditions and price(s) for the goods or services sold to the University hereunder are not less favorable to the University than those extended to any other comparable agencies, institutions, universities, teaching hospitals, colleges, or community colleges (“similar parties”) for the same or similar goods or services in similar quantities or scope of work. In the event Contractor reduces its prices or provides more favorable terms and conditions to the public or to similar parties for such goods or services during the term of this Contract, Contractor agrees to reduce the price(s) charged under this Contract effective as of the date of such price reduction and offer the more favorable terms and conditions as of the date of such offer. For purposes of determining whether a prompt- payment discount, if applicable, may be taken by the University, the starting date of such period shall be the later date of the properly executed invoice or the date of completion of services or delivery of product. Contractor warrants that prices on this Contract shall be complete, and no additional charges of any type shall be added without the University’s express written consent. Such additional charges include, but are not limited to shipping, packaging, labeling, custom duties, taxes, storage, insurance, boxing and crating.

PRICING WARRANTY AND DISCOUNTS. The University qualifies for governmental discounts and educational discounts. Unit prices shall reflect these discounts. Contractor warrants that the terms, conditions and price(s) for the goods or services sold to the University hereunder are not less favorable to the University than those extended to any other comparable agencies, institutions, universities, teaching hospitals, colleges, or community colleges (“similar parties”) for the same or similar goods or services in similar quantities or scope of work. In the event Contractor reduces its prices or provides more favorable terms and conditions to the public or to similar parties for such goods or services during the term of this Contract, Contractor agrees to reduce the price(s) charged under this Contract effective as of the date of such price reduction and offer the more favorable terms and conditions as of the date of such offer. For purposes of determining whether a prompt- prompt-payment discount, if applicable, may be taken by the University, the starting date of such period shall be the later date of the properly executed invoice or the date of completion of services or delivery of product. Contractor warrants that prices on this Contract shall be complete, and no additional charges of any type shall be added without the University’s express written consent. Such additional charges include, but are not limited to shipping, packaging, labeling, custom duties, taxes, storage, insurance, boxing and crating. The goods or services described within this Contract provided by the Contractor to the University may also be procured by any other university that is part of the Pennsylvania State System of Higher Education ("PASSHE"), including the Xxxxx University Center (Office of the Chancellor), subject to all other applicable procurement requirements. The Contractor agrees to supply the goods or services described within this Contract or competitively solicited as part of the award of this Contract on the same or more favorable terms and conditions. To the extent that other universities may procure goods or services, those individual universities will enter into a separate contract with the Contractor and assume all liability for payment to the Contractor.