Spare Part PO Placement Process Sample Clauses
Spare Part PO Placement Process. The Parties acknowledge that there is a need to implement a workable process for the placement and acceptance of POs and that the parties to the STDA are working to develop and implement such a process for use thereunder prior to the Trigger Date. The Parties may use such same process for the purposes of this Agreement or may use such other process as the Parties may mutually agree upon in writing.
Spare Part PO Placement Process. (i) The Parties acknowledge that, because the process currently in place between BHGE and GE Power for ordering Spare Parts is integrated into the GE Aviation material fulfillment process, and such process does not facilitate the implementation of POs as per this Agreement, there is a need to implement a separation between GE Aviation and ADGTJV and a workable process for the placement and acceptance of POs. Accordingly, the Alliance Parties shall work together in good faith to agree to a revised process by no later than December 31, 2019 (or such other date as mutually agreed by the Alliance Parties) to effectuate the ordering of Spare Parts under this Agreement. The Alliance Parties shall recommend the revised process to the APCC for approval, or if the APCC is not yet formed, to the VPs of Product Management of the JV Partners; provided that the revised process shall seek to minimize costs that each Alliance Party shall have to bear.
(ii) Given the fact that through the current process, there is no issuance of a purchase order, and given Section 7.02(b)(i), both Alliance Parties acknowledge that until the revised process under Section 7.02(b)(i) is implemented, GE Aviation’s obligations will be based on the terms of the GE Aviation Supplemental Terms and the requirements set forth in written work orders issued between the Alliance Parties. GE Aviation shall work in good faith to deliver Spare Parts as if a PO had been in effect, provided that GE Aviation’s obligation to pay damages shall be suspended until the new PO process is implemented, which shall be no later than one year after the date ADGTJV’s CEO assumes his or her role.