Open Purchase Order Sample Clauses
An Open Purchase Order clause allows a buyer to place orders with a supplier without specifying exact quantities or delivery dates at the outset. Instead, the buyer can request goods or services as needed over a defined period, often up to a maximum quantity or value. This arrangement provides flexibility for the buyer to manage fluctuating demand while ensuring the supplier is prepared to fulfill orders as they arise, ultimately streamlining procurement and reducing administrative burden for both parties.
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Open Purchase Order. Concurrently with submission of its first forecast, Zebra shall issue an open purchase order in the form of Zebra’s SDS contract (a form of which is attached hereto in Exhibit I) to Manufacturer for each Product under this Agreement, which purchase order (a) shall remain open for one (1) year, at the end of which year Zebra will issue a new purchase order, (b) is issued solely for purposes of complying with Zebra’s internal account payable procedures for payments to Manufacturer, (c) shall contain the following statement on its face, “This Purchase Order is subject to the Manufacturing Services Agreement, dated May 30, 2007 between Zebra Technologies Corporation and Jabil Circuit, Inc.,” and (d) remains wholly subject to the provisions of this Agreement.