OEM Purchase Orders Sample Clauses

OEM Purchase Orders. OEM will issue to Tier One, one or more purchase orders consistent with the terms of this Agreement and the Directed Buy Letters under which Tier One will manufacture and supply OEM with OEM's requirements of Component Parts (the “OEM Purchase Orders”). Except as may be otherwise agreed in writing between OEM and Tier One, Tier One will accept the OEM Purchase Orders in accordance with their terms.
OEM Purchase Orders. OEM will not terminate the OEM Purchase Orders except in accordance with the terms of the OEM Purchase Orders and this Agreement. (A) If the OEM Purchase Orders are terminated by OEM for convenience: (1) Tier One will be entitled to recover from OEM any amounts to which it is entitled under the OEM Purchase Orders. (2) Tier One will terminate the Tier One Purchase Orders in accordance with their respective terms and Tier Two will be entitled to recover from Tier One any amounts to which it is entitled under the Tier One Purchase Orders. (3) If Tier Two is unable to recover from Tier One all amounts it is owed as a result of the termination for convenience, OEM will be liable to Tier Two under the terms of section 7. (B) If the OEM Purchase Orders are terminated by OEM on account of any other reason under the OEM Purchase Orders, including a breach by Tier One: (1) Tier One may terminate the Tier One Purchase Orders in accordance with their respective terms and Tier Two will be entitled to recover from Tier One any amounts to which it is entitled under the Tier One Purchase Orders. (2) If Tier Two is unable to recover from Tier One all amounts it is owed as a result of the termination, OEM will be liable to Tier Two under the terms of section 7.