Common use of Logistics Clause in Contracts

Logistics. 5.1 GMH and PSA shall establish a strategic, commercial cooperation between GMH and Gefco for the logistics services needs of GMH in certain territories. 5.2 To that effect GMH and Gefco shall enter into an agreement pursuant to which Gefco shall be the exclusive (in agreed territories) third-party provider of logistics and related services, including logistics architecture, logistics service purchases and operational logistics services in such territories, providing (a) incremental business to Gefco and (b) cost savings and most favoured nation treatment to GMH (the “Logistics Agreement”).

Appears in 3 contracts

Sources: Master Agreement, Master Agreement (General Motors Co), Master Agreement (General Motors Co)