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.
Bexar Texas Most Favored Customer Clause, also known as the Bexar MFC Clause, is a legal provision commonly included in contracts that ensures a customer receives the best pricing and terms available from a supplier. It is designed to protect the customer's interests by granting them equal or better conditions compared to other customers of the supplier. The Bexar Texas Most Favored Customer Clause is particularly valuable in highly competitive industries or situations where a supplier offers preferential pricing to specific customers, giving them a competitive advantage. By including this clause, customers can safeguard themselves against potentially discriminatory pricing or unfavorable terms. There are different variations or types of the Bexar Texas Most Favored Customer Clause, tailored to specific circumstances: 1. Single-Tier MFC Clause: This type of clause guarantees that the customer will receive the most favorable pricing and terms available for similar products or services offered by the supplier to any other customer at the same tier. It assures that the customer is not disadvantaged compared to other customers. 2. Multi-Tier MFC Clause: This clause ensures that the customer receives the best terms available across various tiers or categories of customers. The supplier cannot offer more favorable conditions to customers in higher tiers while neglecting customers in lower tiers. 3. Commodity-Specific MFC Clause: In certain cases, the MFC clause may focus on specific commodities or products. It guarantees that the customer will receive the most favored pricing and terms for those particular products, regardless of the supplier's agreements with other customers. 4. Time-Bound MFC Clause: This type of MFC clause only applies for a specific time period, often tied to the duration of the agreement. During this time, the supplier must provide the customer with the best available pricing and terms, protecting them from changes that could increase costs or create a disadvantage. The Bexar Texas Most Favored Customer Clause provides customers with assurance that they are receiving equal or better pricing and terms compared to other customers of the supplier. It aims to foster fair competition, prevent discriminatory practices, and maintain a level playing field for customers. By including this clause in contracts, customers in Bexar Texas can protect their interests and ensure they receive the most favorable treatment from their suppliers.Bexar Texas Most Favored Customer Clause, also known as the Bexar MFC Clause, is a legal provision commonly included in contracts that ensures a customer receives the best pricing and terms available from a supplier. It is designed to protect the customer's interests by granting them equal or better conditions compared to other customers of the supplier. The Bexar Texas Most Favored Customer Clause is particularly valuable in highly competitive industries or situations where a supplier offers preferential pricing to specific customers, giving them a competitive advantage. By including this clause, customers can safeguard themselves against potentially discriminatory pricing or unfavorable terms. There are different variations or types of the Bexar Texas Most Favored Customer Clause, tailored to specific circumstances: 1. Single-Tier MFC Clause: This type of clause guarantees that the customer will receive the most favorable pricing and terms available for similar products or services offered by the supplier to any other customer at the same tier. It assures that the customer is not disadvantaged compared to other customers. 2. Multi-Tier MFC Clause: This clause ensures that the customer receives the best terms available across various tiers or categories of customers. The supplier cannot offer more favorable conditions to customers in higher tiers while neglecting customers in lower tiers. 3. Commodity-Specific MFC Clause: In certain cases, the MFC clause may focus on specific commodities or products. It guarantees that the customer will receive the most favored pricing and terms for those particular products, regardless of the supplier's agreements with other customers. 4. Time-Bound MFC Clause: This type of MFC clause only applies for a specific time period, often tied to the duration of the agreement. During this time, the supplier must provide the customer with the best available pricing and terms, protecting them from changes that could increase costs or create a disadvantage. The Bexar Texas Most Favored Customer Clause provides customers with assurance that they are receiving equal or better pricing and terms compared to other customers of the supplier. It aims to foster fair competition, prevent discriminatory practices, and maintain a level playing field for customers. By including this clause in contracts, customers in Bexar Texas can protect their interests and ensure they receive the most favorable treatment from their suppliers.
