Second Purchase Order Clause Samples
The 'Second Purchase Order' clause defines the terms and conditions that will apply to a subsequent order placed after the initial purchase order between the parties. Typically, this clause outlines how and when a second order can be initiated, what products or services it covers, and whether the same pricing, delivery, or payment terms as the first order will apply or if new terms must be negotiated. By specifying the process and expectations for additional orders, this clause ensures continuity and clarity in ongoing business transactions, reducing the risk of misunderstandings or disputes regarding future purchases.
Second Purchase Order. No later than [****]*, PDL shall place and GMN shall accept a second purchase order covering the period of from [****]* through [****]*, which purchase order shall contain no fewer than [****]* batches of Product and no more than [****]* batches of Product (the “Second Purchase Order”).
Second Purchase Order. As soon as possible after the Effective Date, AXIS shall obtain a second Purchase Order from a Customer for the purchase of 12,000 Units of IRC Inventory at a price of at least $492,000. After payment is made or arranged by IRC in the same manner as with the first Purchase Order, AXIS shall cause such IRC Inventory to be delivered to the Customer by a shipper acceptable to IRC (ABF Freight Systems, Inc. is acceptable to IRC) and direct payment from the Customer directly to the Magna Account. Upon the execution of this Agreement, AXIS shall also execute similar documentation to that required by 3.3.1 to confirm the repayment obligation of AXIS to IRC. Other than as provided herein in Section 3.3.7 hereof, and as presently agreed to with Gemini Strategies, LLC, in existing loan documents, AXIS agrees not to issue, or agree to issue, any additional shares of ATG Stock prior to July 20, 2010.
Second Purchase Order. On or before December 20, 2001, E&S will issue to RealVision a purchase order in the aggregate amount of US$1,000,000 for certain additional Engineering Services. The purchase order will provide for full payment to be made by E&S to RealVision on or before July 15, 2002.