PO Portion Clause Samples

The "PO Portion" clause defines the specific part or percentage of a contract or agreement that is governed by a particular purchase order (PO). In practice, this clause clarifies which goods, services, or deliverables are covered under a given PO, and may specify quantities, timeframes, or other relevant details tied to that order. Its core function is to ensure both parties have a clear understanding of the scope and obligations associated with each individual purchase order, thereby reducing confusion and potential disputes over what is included in each transaction.
PO Portion. In the case of a Discount Loan and any date (i) the Scheduled Principal Balance of such Discount Loan for such date multiplied by (ii) the PO Percentage for such Discount Loan.