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.
Hawaii Most Favored Customer Clause
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US-IP1019
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FAQ
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.
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.
The most favored nation clause is a term that is given to a certain country, and it implies that the recipient of the favorable treatment must receive equal trade advantages as the most favored nation of a country's trade policy.
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.
The most favoured nation (MFN) principle is based on the idea that countries should treat all their trade partners equallythat no one country should be more favoured. It means no country should give special treatment to goods or services coming from one particular trading partner.
FavouredCustomer Clause (MFC) is a contractual arrangement between vendor and customer that guarantees the customer the best price the vendor gives to anyone. The MFC prevents a company from treating different customers differently in negotiations.
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).
Most-Favored-Nation Clause Explained For example, if a country belonging to the WTO reduces or eliminates a tariff on a particular product for one trading partner, the treaty's MFN clause obligates it to extend the same treatment to all members of the organization.
Most favoured nation status is given to an international trade partner to ensure non-discriminatory trade between all partner countries of the WTO. A country which provides MFN status to another country has to provide concessions, privileges, and immunity in trade agreements.
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By EJ Conroy · Cited by 8 ? the clause in general. The most favored nation clause is the collective term used to desig- nate a group of provisions found in most commercial treaties pro ...25 pages
by EJ Conroy · Cited by 8 ? the clause in general. The most favored nation clause is the collective term used to desig- nate a group of provisions found in most commercial treaties pro ... MOST FAVORED CUSTOMER. Contractor represents that all of the prices, warranties, benefits, and other terms set forth hereunder are equivalent to or no less ...Most Favored Customer listed as MFC.(device used to manage memory transactions inside a microprocessor)MFC, Maui Fin Company (Haiku, Hawaii). Temporarily filled by Keith Nakasone Deputy Assistant Commissioner for Acquisition(Re)establish a Most Favored Customer and Basis of Award Customer. Most Favored Customer/Basis of Award Customer: Award is based uponon the Cover Page Notices required by the clause and posted as a text file on GSA ... In Hawaii, pay when paid clauses are likely enforceable as pay if paid clausesHaving control over many of the payment terms means that a construction ... Most-Favored Nations (MFN) clauses are common in business today. These provisions require that the supplier will treat a particular customer ... "Most favored nations clauses" may discourage discounting by the affected seller, may facilitate oligopolistic pricing and deter entry by more efficient ... In pricing a proposal, a contractor shall estimate costs in a mannerhigher than the transferor's current sales price to its most favored customer for a ... Most Favored Nation (MFN) clauses play an important role in international investment arbitration. Many investors, during the investment ...
