Purchase Order Amount Sample Clauses
Purchase Order Amount. Sub acknowledges that Sub owes Purchaser the --------------------- Purchase Order Amount shown on Schedule A attached hereto and incorporated herein by reference, for products manufactured and delivered by Purchaser to Sub in response to the Purchase Orders issued by Sub to Purchaser, and that notwithstanding any payment or credit term contained in the Purchase Orders, the Purchase Order Amount is currently due and payable in full. If any such product shipped to Sub is defective, Sub and Parent shall have the right to return such product to and request delivery of substitute product from Purchaser and if such substitute product is not delivered, the Purchase Order Amount, to the extent not then paid or discharged hereunder or otherwise, shall be reduced accordingly, or if the Purchase Order Amount shall then have been paid or otherwise discharged in full, the cost thereof shall forthwith be refunded by Purchaser to Sub in cash.
Purchase Order Amount. Sub acknowledges that Sub owes Purchaser the --------------------- Purchase Order Amount for products manufactured and delivered (or to be delivered) by Purchaser to Sub in response to the Purchase Orders issued by Sub to Purchaser, and that notwithstanding any payment or credit term contained in the Purchase Orders, the Purchase Order Amount is currently due and payable in full. Sub and Parent's rights with regard to defective product received from Purchaser shall be determined in accordance with the Purchase Order(s) relating to such defective product.