New Mexico Most Favored Customer Clause

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Multi-State
Control #:
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

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.

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 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.

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.

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).

More info

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 ... To a treaty including a most-favoured-nation clause may be a granting State and a beneficiarybefore the conclusion of a new commercial treaty, at least.59 pages to a treaty including a most-favoured-nation clause may be a granting State and a beneficiarybefore the conclusion of a new commercial treaty, at least.FavouredCustomer Clause (MFC) is a contractual arrangement between vendor and customer that guarantees the customer the best price the vendor gives ... 06-May-2021 ? However, applying WHT rate where DTAAs have a Most Favored Nation ('MFN') clause has its nuances which have from time to time been examined by ... Most-favored-nation (MFN) clauses are the cornerstone of nondiscrimination policies.Canada, and Mexico and cover a broad array of goods and services. 52.104 Procedures for modifying and completing provisions and clauses.52.229-10 State of New Mexico Gross Receipts and Compensating Tax. 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 ... The decision will be in the "best interests" ofNebraska, New Jersey, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oklahoma, ... 1950 · ?Consular reportsNorway The new code contains a new definition of " medicaments " as follows : " Anymost - favored - nation treatment is also stipulated in the cases of ... 1996 · ?Administrative lawNor non - discrimination clause in VSP's are not enjoined by the Judgment .to enter V of the formerly proposed Final called " most - favored - nation ...

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New Mexico Most Favored Customer Clause