e-Procurement System. Milliman Group acknowledges that Voya Group has deployed the Ariba e-Procurement system as its electronic system for ordering goods and services from its suppliers. In order to provide Services to Voya Group, Milliman Group must (1) register on the Ariba Supplier Network, (2) work with Voya Group, as appropriate, to develop and implement an Ariba catalog (custom or punch out) defining the Services that may be purchased, (3) work with Voya Group as appropriate to utilize the Ariba Supplier Network to invoice Voya Group electronically and (4) participate in Voya Group’s purchasing card program, when applicable. Each Party is responsible for its own costs and expenses associated with meeting the above requirements. Milliman acknowledges that failure to comply with this Section 9.06 may result in payment delays by Voya Group. Notwithstanding any implication to the contrary contained in this Agreement, any delay in payment by Voya Group that results from a failure of Milliman Group to comply with this Section 9.06 shall not constitute a “late” payment or otherwise be considered a breach by Voya Group of its obligations under this Agreement.
e-Procurement System. Cognizant Group acknowledges that NAIC Group has deployed the Ariba eProcurement system as its electronic system for ordering goods and services from its suppliers. In order to provide Services to NAIC Group, Cognizant Group must (1) register on the Ariba Supplier Network (ASN), (2) work with NAIC Group, as appropriate, to develop and implement an Ariba catalog (custom or punch out) defining the Services that may be purchased, (3) work with NAIC Group as appropriate to utilize the ASN to invoice NAIC Group electronically and (4) participate in NAIC Group’s purchasing card program, when applicable. Each Party is responsible for its own costs associated with meeting the above requirements. Cognizant acknowledges that failure to comply with this Section may result in payment delays by NAIC Group. Notwithstanding any implication to the contrary contained in this Agreement, any delay in payment by NAIC Group that results from a failure of Cognizant Group to comply with this Section shall not constitute a “late” payment or otherwise be considered a breach by NAIC Group of its obligations under this Agreement. – NAIC Confidential –
e-Procurement System. Supplier acknowledges that Voya Group has deployed an electronic system for ordering goods and services from its suppliers (such system, including any replacements thereof deployed by Voya Group, being the “e-procurement system”). In order to – Voya Confidential – 39 Confidential Treatment Requested by Voya Financial, Inc. provide Services to Voya Group, Supplier must (1) register on the e-procurement system, (2) work with Voya Group, as appropriate, to develop and implement a catalog (custom or punch out) defining the Services that may be purchased, and (3) work with Voya Group as appropriate to utilize the e-procurement system to invoice Voya Group electronically. Each Party is responsible for its own costs associated with meeting the above requirements. To the extent the e-procurement system charges any fees to Supplier for its use under this Agreement, the Parties shall discuss the applicability of such charges in the next meeting of the Supplier Senior Executive and Voya Senior Executive. Supplier acknowledges that failure to comply with this Section may result in payment delays by Voya Group. Notwithstanding any implication to the contrary contained in this Agreement, any delay in payment by Voya Group that results from a failure of Supplier to comply with this Section shall not constitute a “late” payment or otherwise be considered a breach by Voya Group of its obligations under this Agreement.
