Most Favored Customer definition
Most Favored Customer as used in this policy means that the South Coast AQMD will receive at least as favorable pricing, warranties, conditions, benefits and terms as other customers or clients making similar purchases or receiving similar services.
Most Favored Customer. If Contractor has negotiated terms or conditions for Services to another client under reasonably similar circumstances, University may purchase Services on the same terms and conditions.
Most Favored Customer refers to most favorable pricing and terms available to other similarly situated customers purchasing similar quantities of the same products and services from U S WEST.
Examples of Most Favored Customer in a sentence
The foregoing Most Favored Customer treatment shall not apply to Fees which have been agreed upon with a Client as part of a larger transaction in which the Agent is selling to or purchasing assets from the Client or otherwise acquiring from the Client something additional of substantial value.
Provisions of the Contract which by their nature should apply beyond their terms will remain in force after any termination or expiration including: Sections 8 (Quality), 12 (Price), 13 (Most Favored Customer), 15 (Continuity of Supply), 16 (Warranties), 17 (Indemnification), 19 (Compliance with Laws), 22 (Termination), 23 (Limit of Liability), 24 (Confidential Information), 25 (Assignment), 27 (Governing Law), and 32 (Survival) of these Terms.
Provider agrees to provide Services to the State that are consistent with Section 9.9, Most Favored Customer.
Buyer reserves the right to have Supplier’s records inspected and audited to ensure compliance with this Section 1.B (Most Favored Customer).
After such discussion, if Licensee is unsatisfied that it has received all materially important Technical Information or has not received royalty rates consistent with the Most Favored Customer provision, Licensee shall have a right to an audit performed no more than once every two (2) years to determine whether such unbalanced transfer of Technical Information or such violation of the Most Favored Customer provision is occurring.
More Definitions of Most Favored Customer
Most Favored Customer means, subject to applicable laws, that the prices (and/or license fees or royalties) charged, and terms provided, to Intel for a subject Intellon product shall always be Intellon’s lowest price charged, and most favorable terms provided, during the same calendar quarter to any customer for comparable or lesser volumes of that or a functionally equivalent product, regardless of any special terms, conditions, rebates, or allowances of any nature. Any reductions in price resulting from the application of the foregoing shall apply to Intel’s purchases during the calendar quarter prospectively from the date on which such pricing terms become effective in such other third party customer agreement. For purposes of determining compliance with any MFC requirements, samples and products supplied for testing, reference design or demonstration purposes shall be excluded. The purchase date is defined as the date that Intel issues a purchase order. Intel is eligible to receive MFC pricing and terms for purchases made for delivery within the same calendar quarter, and purchase orders that specify Intellon’s soonest available delivery - even if delivery occurs in a subsequent calendar quarter. For the purposes of this definition, “calendar quarter” describes a 13 week period, where the first quarter begins on January 1 of each year.
Most Favored Customer is defined as the understanding between the Parties that the prices, contractual and business benefits offered by DIGEX to LCI shall be comparable to or better than the prices, business and contractual benefits provided to other DIGEX customers, having similar or less volume commitments (including resellers) and purchasing similar Services. In the event that DIGEX shall fail in this regard as determined by (the "Audit") set forth in section 10.3 below, DIGEX shall credit LCI the required difference for the period of time LCI did not receive Most Favored Customer status and provide LCI the pricing, contractual, and business benefits not received.
Most Favored Customer. Notwithstanding any other provisions of this Agreement, all of the prices, terms and warranties granted by ABI to Paradyne hereunder or under any associated OEM Purchase Agreement by ABI shall be as favorable as any other prices, terms and warranties granted by ABI to any other customer for similar product. Upon reasonable prior notice Paradyne shall have the right to audit ABI's books and records to the extent necessary to verify ABI's compliance with this provision. Once a year, and each time that Paradyne purchases HAWK PRODUCT from ABI, ABI shall notify Paradyne of the prices, warranties, and terms that satisfy the "most favored customer" requirements of the previous paragraph. Regardless of whether such notice is sent by ABI or received by Paradyne, all purchases of HAWK PRODUCT by Paradyne shall be deemed to be at the prices, warranties, and terms to Paradyne that satisfy the "most favored customer" requirements of the previous paragraph.
Most Favored Customer means the customer or category of customers, as applicable, disclosed as the Company Group’s most favored customer to the General Services Administration in connection with the award of GSA Schedule Contract No. GS-23F-0037T.
Most Favored Customer pricing is defined as the most favorable price, including all discounts, rebates, cooperative advertising programs or other similar sales and marketing programs, quoted to any purchaser of the Products for the same market and volume conditions. AirPrime's prices shall reflect "market condition" and shall be reduced accordingly.
Most Favored Customer. Adept agrees that for the Term of the Agreement JDSU shall have "Most Favored Customer" status with respect to price, margins and capacity allocation (capacity shall include manufacturing, technical, engineering and support personnel and equipment). For purposes of this Agreement, Most Favored Customer means that the price, margins and capacity allocation of Products that Adept sells to JDSU shall be equivalent or better than the price, margins and capacity allocation of Products or any products with similar functionality or components, including telecommunications manufacturing equipment, offered by Adept to third parties. For any Products or services that JDSU is purchasing from Adept, if Adept provides to a third party these Products or substantially similar products at a price, margin or capacity commitment which is better than the price, margin or capacity commitment being provided to JDSU, Adept will notify JDSU of the terms of the offer and JDSU shall be entitled to purchase the Products or services on equivalent or better terms and subject to the conditions. In addition, JDSU shall be entitled to a credit in the amount equal to the difference between the more favorable price or margins offered by Adept and the price or margins paid by JDSU, multiplied by the number of Products purchased from the time that the more favorable price, margin or capacity commitment was provided by Adept.
Most Favored Customer. NPSC agrees not to charge IBM higher rates than those it charges to others who have a similar relationship with NPSC. If during the Agreement Period NPSC sells, leases, licenses, or otherwise makes available the Products or any material part thereof, to any party with whom NPSC has a similar relationship to the relationship set forth herein for the purposes of licensing, sublicensing, marketing, reselling or outsourcing under similar terms and conditions which are more advantageous to such third party than those specified in this Agreement, then NPSC shall promptly notify IBM in writing. IBM shall have the right within 30 days after receiving NPSC's notification to substitute such different terms for those specified in this Agreement, effective as of the date of availability of such terms to the third party. NPSC shall return to IBM any payments IBM made subsequent to such date which are in excess of the payments required under the substituted terms.