are most favored nation clauses legal
Ebooks of the Oxford Bibliographies Online subject articles are available in North America via a number of retailers including Amazon, vitalsource, and more. Simply search on their sites for Oxford Bibliographies Online Research Guides and your desired subject article. Legal Definition of most–favored–nation clause. : a clause in a treaty granting to a nation in certain stipulated matters the same terms as are then or may thereafter be granted to any other nation. Most favored nation clause. Definition. A most favored nation clause (also called a most favored customer clause or most favored licensee clause) is a contract provision in which a seller (or licensor) agrees to give the buyer (or licensee) the best terms it makes available to any other buyer (or licensee). Sample clause. Categories: Contracts. The “favored nations” or “most favored nations” or “MFN” concept/clause, while not omnipresent in entertainment contracts, certainly gets its fair share of use. This post will explore the purpose and operation of FN and MFN (there is a (slight) difference!). Favored Nation Clause Law and Legal Definition. A most-favored nation clause is a contract provision often used in the context of payments for medical care. In health law, the clauses are sometimes called equal rate or comparable rate provisions because they require doctors to let plans match, not beat, any lower reimbursement rate from another insurer. In contract law. A most favoured nation clause (also called a most favoured customer clause or most favoured licensee clause) is a contract provision in which a seller (or licensor) agrees to give the buyer (or licensee) the best terms it makes available to any other buyer (or licensee). Share I Want What She’s Getting – “Favored Nations” Clauses in Entertainment Contracts using Email. The “favored nations” or “most favored nations” or “MFN” concept/clause, while not omnipresent in entertainment contracts, certainly gets its fair share of use. See also a new article in the online version of the Encyclopedia: Meinhard Hilf and Robin Geiss, “Most-Favoured-Nation Clause,” in Max Planck Encyclopedia of Public International Law (MPEPIL), edited by Rüdiger Wolfrum (Oxford: Oxford University Press, 2009), available online by subscription. General overviews include Basdevant 1929, Bonnet 1900, Pescatore 1968, Sauvignon 1972, Schwarzenberger 1945, Triggiani 1984, United Nations 2008, and Ustor 1985. 1  Basdevant, Suzanne. 2  Bonnet, Louis. 3  Pescatore, Pierre.  Sauvignon, 1  Édouard. Schwarzenberger, Georg.  Triggiani, 1  Ennio. United Nations.  Ustor, Endre. In international economic relations and international politics, most favoured nation (MFN) is a status or level of treatment accorded by one state to another in international trade.
Yes, most favored nation clauses are legal.