Common use of Most Favored Customer Pricing Clause in Contracts

Most Favored Customer Pricing. The prices that MGEN shall charge FNIS with respect to any Services rendered or to be rendered hereunder, or under any Project Scope Document, shall be no higher than those offered to any direct competitor of FNIS for substantially similar Services. In the event MGEN is in breach of the foregoing, such lower prices shall apply to FNIS effective as of the date such lower rate were first offered to such other customer, and appropriate adjustments shall thereafter be reflected on all appropriate Project invoices.

Appears in 2 contracts

Sources: System Development, Maintenance and Information Technology Services Agreement (Micro General Corp), System Development, Maintenance and Information Technology Services Agreement (Fidelity National Information Solutions Inc)