Common use of Minimum Advertised Price Clause in Contracts

Minimum Advertised Price. Reseller will not advertise any price below the advertised price offered by Roccstar Wireless. Roccstar Wireless reserves the right to change prices at any time and for any reason. In such event, Roccstar Wireless will provide to Reseller an updated pricing sheet with an applicable revision date (such revision date not to be effective less than 30 days after written notice is sent to Reseller). All new Contracts after such revision date are to be based upon the revised pricing. If the modified fees set forth on a revised Schedule 1 are not acceptable to Reseller, then Reseller may elect to terminate this Agreement.

Appears in 2 contracts

Sources: Distribution Agreement, Distribution Agreement