Multiple DS Supply Agreements Sample Clauses
The 'Multiple DS Supply Agreements' clause defines the terms and conditions under which a party may enter into more than one direct supply agreement for the same or similar goods or services. This clause typically outlines whether such parallel agreements are permitted, any restrictions or notification requirements, and how potential conflicts or overlaps between agreements are managed. For example, it may require the supplier to inform the buyer of other existing supply agreements or prohibit exclusive arrangements. The core function of this clause is to prevent misunderstandings and conflicts arising from multiple supply relationships, ensuring transparency and protecting the interests of all parties involved.
Multiple DS Supply Agreements. It is the intention of the Company and the DS Supplier that, in the event the DS Supplier is a party to other agreements with the Company for the provision of DS Supply that existed prior to the Effective Date of this Agreement or are entered into after the Effective Date of this Agreement, the Company will calculate a single Termination Payment applicable to all such agreements as set forth herein.
Multiple DS Supply Agreements. It is the intention of the Company and the DS Supplier that, in the event the DS Supplier is a party to other agreements with the Company for the provision of DS Supply that existed prior to the effective date of this Agreement or is entered into after the effective date of this Agreement, the Company will calculate the Margin applicable to all such agreements as set forth in Appendix A of this Agreement; provided, however, that if another agreement has a more stringent credit threshold, then the more stringent credit threshold shall apply. Each DS Supplier that is a party to such other agreements with the Company for the provision of DS Supply hereby agrees that such other agreements are deemed amended by this Agreement for the purpose of calculating the Margin as described herein.