Common use of Lowest Possible Price Clause in Contracts

Lowest Possible Price. OETC or an OETC Member shall pay the lower of the prices contained in the Attachment A, and any subsequent pricing updates made to Attachment A. Any pricing promotions, General Price Reduction, or Per Transaction Multiple Unit Discount offered by Contractor or its Fulfillment Agents must be offered to OETC Members on the OETC Contract. Only General Price Reduction price decreases will apply to all subsequent OETC Member orders. If Contractor or its Fulfillment Agents fails to offer a pricing promotion, General Pricing Reduction, or Per Transaction Multiple Unit Discount, or if pricing is found to not be the lowest possible price for Consortium Members as offered by Contractor and its Fulfillment Agents, this agreement may be immediately suspended, re-bid, or pricing adjusted to affirm this requirement. This section shall not apply to pricing provided by Contractor to non- Consortium customers. Contractor is not obligated to provide OETC Members with the lowest pricing that it provides any non-Consortium customer.

Appears in 1 contract

Sources: Oetc Volume Price Agreement

Lowest Possible Price. OETC or an OETC Member shall pay the lower of the prices contained in the Attachment A, and any subsequent pricing updates made to Attachment A. updates. Any pricing promotions, General Price Reduction, or Per Transaction Multiple Unit Discount offered by Contractor or its Fulfillment Agents must be offered to OETC Members on the OETC Contract. Only General Price Reduction price decreases will apply to all subsequent OETC Member orders. If Contractor or its Fulfillment Agents fails to offer a pricing promotion, General Pricing Reduction, or Per Transaction Multiple Unit Discount, or if pricing is found to not be the lowest possible price for Consortium Members as offered by Contractor and its Fulfillment Agents, this agreement may be immediately suspended, re-bid, or pricing adjusted to affirm this requirement. This section shall not apply to pricing provided by Contractor to non- Consortium customers. Contractor is not obligated to provide OETC Members with the lowest pricing that it provides any non-Consortium customer.

Appears in 1 contract

Sources: Oetc Volume Price Agreement