Order Acknowledgement/Acceptance Clause Samples

Order Acknowledgement/Acceptance. NEC shall acknowledge receipt of each Purchase Order within one (1) business day of its initial receipt thereof and shall send to Stratus, within two (2) business days of its initial receipt of said a written notice rejecting the Purchase Order and specifying the reasons for such rejection. With the exception of the limitations set forth in Section 27 (Force Majeure) NEC shall not reject any Purchase Order issued by Stratus that is within the Committed Forecast and that otherwise complies with the requirements of this Agreement and agreed to credit limit.