This form contains a Most Favored Customer Clause, which can be incorporated into license agreements to obligate the licensor to grant the licensee equivalent or better terms than the licensor has granted to any of its past, present and future customers.
Colorado Most Favored Customer Clause
Category:
State:
Multi-State
Control #:
US-IP1019
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Word;
PDF;
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How to fill out Colorado Most Favored Customer Clause?
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FAQ
A Standard Clause allowing a buyer to obtain the best possible price on goods or services from a seller by requiring it to provide the buyer with the lowest price among all buyers in that market.
A Standard Clause allowing a buyer to obtain the best possible price on goods or services from a seller by requiring it to provide the buyer with the lowest price among all buyers in that market.
GSA has a clause called the Most Favored Customer (MFC) clause. It requires the contractor to offer the government at least the best price it offered to a previous customer. GSA uses this clause for its schedules.
Under Section 1, a court judges the legality of an MFN under the rule of reason and weighs its potential procompetitive and anticompetitive effects against each other (see Practice Note, Antitrust Rule of Reason). The most obvious procompetitive benefit of an MFN usually is some assurance of lower prices to the buyer.
Most favoured customer clauses in commercial contracts provide that the supplier will always give the customer its best price and terms. They usually provide that if the supplier gives another customer a better deal then it has to pay the favoured customer the difference.
A Standard Clause allowing a buyer to obtain the best possible price on goods or services from a seller by requiring it to provide the buyer with the lowest price among all buyers in that market.
Most-Favored Nations (MFN) clauses (also known as antidiscrimination clauses or most-favored customer clauses) are common in business today. These provisions require that the supplier will treat a particular customer no worse than all other customers (and sometimes even better).
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You'll need to gather and fill out documents about your company's finances, experience,i.e., the price you charge your Most Favored Customer (MFC). As many Colorado employers know, noncompete agreements in Colorado, including customer nonsolicitation clauses, are considered void unless ...Are of such nature that it is in the best interest of the State to solicit telephone bids. Comment: An example of when the Director or head of a purchasing ... The contract between Printz and C.J. contained the following clause: Contractor shall make final payment to Subcontractor after work is complete ... The proposed Most Favored Nation (MFN) Model would have tested an innovative way to lower prescription drug costs by paying no more for ... In pricing a proposal, a Contractor shall estimate costs consistently withthan the transferrer's current sales price to its most favored customer for a ... Section (a) permits the clause so long as it comes from the instruction of the buyer client. Another example where it might be appropriate is where a seller ... More generally, parties might argue that the pandemic falls within a force majeure clause's catch-all provision, for example, ?any other unforeseeable emergency ... Addressed the very same issues providers in Colorado were asking about.Are my client health records subject to HIPAA or FERPA? This clause has taken on increased importance in federal solicitations as the award of federal supply contracts has exploded in recent times. The MFC clause has ...
