Common use of EDI Clause in Contracts

EDI. (a) Wholesaler's purchase orders, Inventory Reports and chargebacks shall be transmitted to FHPC in an EDI format mutually agreeable to the parties. (b) Within ninety (90) days after entering this Agreement, the parties shall examine and test the capabilities and compatibility of their respective EDI systems. The parties shall use best efforts to complete within ninety (90) after entering the Agreement the implementation of a mutually agreeable system whereby transfers of information can be made effectively on a consistent basis in accordance with the Policies and Procedures. In the event that critical internal support systems and electronic communication links, including EDI, are not available for five (5) business days, the parties will cooperate to promptly implement substitute procedures to document the information customarily sent by EDI and prevent interruptions to each other's business. (c) Until the parties complete implementation of the EDI system described herein, Wholesaler shall transmit Inventory Reports to FHPC electronically in a retrievable and readable Excel file.

Appears in 2 contracts

Sources: Inventory Management Agreement (First Horizon Pharmaceutical Corp), Inventory Management Agreement (First Horizon Pharmaceutical Corp)

EDI. (a) Wholesaler's purchase orders, Inventory Reports and chargebacks shall be transmitted to FHPC in an EDI format mutually agreeable to the parties. (b) Within ninety (90) days after entering this Agreement, the parties shall examine and test the capabilities and compatibility of their respective EDI systems. The parties shall use best efforts to complete within ninety (90) after entering the Agreement the implementation of a mutually agreeable system whereby transfers of information can be made effectively on a consistent basis in accordance with the Policies and Procedures. In the event that critical internal support systems and electronic communication links, including EDI, are not available for five (5) business days, the parties will cooperate to promptly implement substitute procedures to document the information customarily sent by EDI and prevent interruptions to each other's business. (c) Until the parties complete implementation of the EDI system described herein, Wholesaler shall transmit every two weeks Inventory Reports to FHPC electronically in a retrievable and readable Excel file.

Appears in 1 contract

Sources: Inventory Management Agreement (First Horizon Pharmaceutical Corp)