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Adjustment In Price To Provide Price Protection
ADJUSTMENT IN PRICE TO PROVIDE PRICE PROTECTION
The base price shall be reduced to an amount equal to the lowest price at which the buyer has a bona fide offer to purchase goods of like type, quality, and quantity under terms otherwise comparable to those provided here. As a condition to an adjustment of the base price, the buyer must furnish the seller with documentation of the offer upon which buyer bases his or her claim for an adjustment.
This is a UCC-buying and selling form.
It is intended to be an addendum to other forms.