Most Favored Customer definition

Most Favored Customer as used in this policy means that the SCAQMD 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

• 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.

• Most-Favored Customer - Throughout the life of the contract, the Contractor shall always offer the State the Most- Favored Customer or Highest Tier Customer price discount rate on contracted product(s) concurrent with a published price discount rate made to other Customers (both Private and Public sectors).

• 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), 11 (Price), 12 (Most Favored Customer), 14 (Continuity of Supply), 15 (Warranties), 16 (Indemnification), 18 (Compliance with Laws), 21 (Termination), 22 (Limit of Liability), 23 (Confidential Information), 24 (Assignment), 26 (Governing Law), and 30 (Survival) of these Terms.

• These are generally referred to as “MFN”s, although it is more accurate to refer to them as Most Favored Customer.

• General Provisions 40 2.01 Other System Agencies Participation in the Contract 40 2.02 Most Favored Customer 41 2.03 Cooperation with HHSC Vendors 41 2.04 Renegotiation and Reprocurement Rights 41 Article III.

More Definitions of Most Favored Customer

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 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. PROVISION. If Contractor has negotiated terms or conditions for the sale of goods or services to another client of Contractor which the University deems more favorable than those contained herein, the University may request and shall be afforded the opportunity to purchase those goods or services on the same terms and conditions as Contractor has negotiated to provide a third party under reasonably similar circumstances. ANTI-TRUST VIOLATIONS. Contractor recognizes that in actual economic practice, overcharges resulting from antitrust violations are, in fact, usually borne by the buyer. Therefore, Contractor hereby assigns to the University, as the buyer of goods and services under this Agreement, any and all claims for such overcharges as to goods and services purchased in connection with this Agreement.

Most Favored Customer. If Supplier has negotiated terms or conditions for the sale of the Products or services to another customer of Supplier which the University deems more favorable than those contained herein, the University may request and shall be afforded the opportunity to purchase those Products or services on the same terms and conditions as Supplier has negotiated to provide a third party under reasonably similar circumstances.

Most Favored Customer. If MnSCU 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 pricing applies. This means that no similar bid vehicle (e.g., a state contract) can be used to offer a lower price to the buyer.

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.