North Carolina 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

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.

Abstract. When used in the health care industry, an MFN clause is a contractual agreement that guarantees a health insurer the same best price as their market competitors.

Favored nations clauses are relatively simple to describe: they are a contractual commitment that no other relevant party will receive better (or more advantageous) terms from the party making the commitment.

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.

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.

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).

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.

More info

The contractual Most-Favoured-Nation (?MFN?)-Clause (also knownAny approach regarding MFC-Clauses simply based on form and a complete.18 pages ? The contractual Most-Favoured-Nation (?MFN?)-Clause (also knownAny approach regarding MFC-Clauses simply based on form and a complete. By CR Knoeber · 1983 · Cited by 88 ? Associate Professor of Economics and Business, North Carolina State Universit. Raleigh.Contracting parties, though, may write explicit clauses.By KL Gudiksen · 2021 ? most-favored-nation clauses allow insurers to guarantee that all competitors face theNorth Carolina AG sued the Carolinas Healthcare.18 pages by KL Gudiksen · 2021 ? most-favored-nation clauses allow insurers to guarantee that all competitors face theNorth Carolina AG sued the Carolinas Healthcare. If the Contract requires binding arbitration or any mandatory dispute resolution other than legal action in North Carolina courts, either:"Any dispute ... 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 ... Many parts of your offer involve completing templates.your best price to the government, i.e., the price you charge your Most Favored Customer (MFC). Populate newly enacted pharmaceutical legislation as part of the database.Most favored nation clauses. All or nothing clauses. Trade secret laws. Contracting clauses. In practice, a ?most favored nation? clause would prevent a provider from charg- ing a health insurer a rate higher than the lowest. 1999 · ?Government purchasingentry's most favored customer for comparable quantities under similar Its( B ) The provision at FAR 52.212-2 , Evaluation Commercial Items applies . The proposed Most Favored Nation (MFN) Model would have tested an innovative way to lower prescription drug costs by paying no more for ...

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North Carolina Most Favored Customer Clause