DEMAND FOR ADEQUATE ASSURANCE Sample Clauses

DEMAND FOR ADEQUATE ASSURANCE. Given the critical nature for Buyer to be able to supply its customer(s) with goods on a “just in time” basis, should Buyer reasonably determine itself to be insecure with the Seller’s performance, the Seller shall provide Buyer with written assurance of performance within forty-eight hours of a written demand by Buyer. It is understood that this is a material provision of the relationship between the parties. This provision supersedes the normal time periods associated with a demand for adequate assurance as provided for in Section 2-609 of the Uniform Commercial Code.
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DEMAND FOR ADEQUATE ASSURANCE. Given the critical nature for Buyer to be able to supply its customer(s) with goods on a “just in time” basis, should Buyer reasonably determine itself to be insecure with the Seller’s performance, the Seller shall provide Buyer with written assurance of performance within forty-eight hours of a written demand by Buyer. It is understood that this is a material provision of the relationship between the parties. This provision supersedes GENERAL TERMS AND CONDITIONS OF PURCHASE FOR THE UNITED STATES OF AMERICA REVISION No. 1 PAGE ISSUANCE DATE: May 3rd, 2019 11/16 ISSUED BY: X. XXXXXXX the normal time periods associated with a demand for adequate assurance as provided for in Section 2-609 of the Uniform Commercial Code.
DEMAND FOR ADEQUATE ASSURANCE. Given the critical nature for Grupo to be able to supply its customer(s) with goods on a “just in time” basis, should Grupo reasonably determine itself to be insecure with the Seller’s performance, the Seller shall provide Grupo with written assurance of performance within forty-eight hours of a written demand by Grupo. It is understood that this is a material provision of the relationship between the parties. This provision supersedes the normal time periods associated with a demand for adequate assurance as provided for in Section 2-609 of the Uniform Commercial Code.
DEMAND FOR ADEQUATE ASSURANCE. Given the critical nature for Buyer to be able to supply its customer(s) with goods on a “just in time” basis, should Buyer reasonably determine itself to be insecure with the Seller’s performance, the Seller shall provide Buyer with written assurance of performance within forty-eight hours of a written demand by Xxxxx. It is understood that this is a material provision of the relationship between the parties. This provision supersedes I-P082-AC Level-0 22-06-16 the normal time periods associated with a demand for adequate assurance as provided for in Section 4 here above.

Related to DEMAND FOR ADEQUATE ASSURANCE

  • Covenant of Further Assurances The Funds and BNY Mellon covenant and agree that, subsequent to the execution and delivery of this Agreement and, without any additional consideration, each of the Funds and BNY Mellon shall execute and deliver any further legal instruments and perform any acts that may be reasonably required to confirm and effectuate the validity and enforceability of this Agreement.

  • State Assurances Except to the extent of any conflict under applicable law or requirements or guidelines of any federal awarding agency from which funding for this Grant Agreement originated, the Grantee must comply with the applicable state assurances included within the TxGMS which are incorporated here by reference.

  • Financial Assurances The following financial assurances are applicable to all grant funds unless the Targeted Grant requirements specifically state the contrary:

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