MFN PRICING definition
Examples of MFN PRICING in a sentence
If LICENSEE is able to make the LICENSED PRODUCT available to OWNER at MFN PRICING, but does not sell to OWNER at PETRO-COMPETITIVE PRICING, then the COMMERCIAL PATENT LICENSE will become a non-exclusive, royalty-bearing license limited to the existing commercial plants in each REGION.
If LICENSEE does not make the LICENSED PRODUCT available at the production volumes of Paragraph 4.6 (OWNER Option for Capacity) at either MFN PRICING or PETRO-COMPETITIVE PRICING, then the COMMERCIAL PATENT LICENSE will terminate at the election of OWNER upon written notice to LICENSEE.
For each additional commercial plant, LICENSEE will provide OWNER the option to purchase up to [ ] pounds per year or [ ] of annual plant nameplate capacity, whichever is greater, at MFN PRICING.
For each additional commercial plant, LICENSEE will provide OWNER the option to purchase up to pounds per year or of annual plant nameplate capacity, whichever is greater, at MFN PRICING.
LICENSEE grants OWNER the option to purchase or assign to its suppliers or producers of OWNER’s marketed brands, offtake at MFN PRICING up to pounds per year from the 1st commercial plant in the first year of production and up to pounds per year, in each subsequent year of production.
LICENSEE grants OWNER the option to purchase or assign to its suppliers or producers of OWNER’s marketed brands, offtake at MFN PRICING up to [ ] pounds per year from the 1st commercial [ ] plant in the first year of production and up to [ ] pounds per year, in each subsequent year of production.