Kansas Most Favored Customer Clause

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US-IP1019
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Description

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.

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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.

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.

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.

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.

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.

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).

More info

While most widely associated with international trade, MFN provisions appear in private contracts, government procurement laws, and other legislation. For the ... Most Favored Customer Status. Vendor shall not sell Materials in substantially similar or smaller quantities to other purchasers during the Term on terms ( ...By J Baker · 1996 · Cited by 110 ? to write contracts that induce dealer sales effort by discouraging dealeras a most-favored-customer clause, the anticompetitive effects must be. The "most favored nation" clause would have affected me in the followingprivate health care finance markets in the State of Kansas and Sedgwich County. Competition Law Assessment of Platform Most-Favoured-. Customer Clauses (Vols. CCP Working Paper 15-12). Leeds: University of. Leeds.P.2. Page 4 ... 28-Feb-2022 ? The proposed Most Favored Nation (MFN) Model would have tested an innovative way to lower prescription drug costs by paying no more for ... By H Horn · Cited by 172 ? The Most-Favored-Nation clause MFN is the first Article of the General. ? . Agreement on Tariffs and Trade GATT . It forbids Members to discriminate. FSS proposes to establish the GSA Kansas City Finance office as theThe Government's pricing goal will continue to be most favored customer status. A contract provision called a Most Favored Nation Clause (?MFN?) in its agreements with Michigan health care providers. These provisions guaranteed. 27-Oct-2015 ? PDF The prevalent use of ?most favored nation? (MFN) clauses in commercial agreements has garnered significant attention in the economics ...

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Kansas Most Favored Customer Clause