SUPPLY SECURITY Sample Clauses

SUPPLY SECURITY. Section 11.1 IP shall endeavor to maintain Adequate Supply at the Transferred ▇▇▇▇▇ and Supporting Facilities in accordance with the Inventory Targets mutually agreed upon per Section 7.1. For purposes of this Agreement, “Adequate Supply” shall mean Inventory levels sufficient to ensure supply security for Sylvamo and to protect against any slow down or shut down of Sylvamo’s operations at the Transferred ▇▇▇▇▇. As Inventory levels decrease and become more critical, IP and Sylvamo shall increase communications and collaboration in order to ensure supply security. Specifically, if Inventory levels for any specific category of Product decrease to sixty-six percent (66%) of the target Inventory level, IP and Sylvamo will meet, review options and agree on actions to mitigate the chances of failure of supply. At forty percent (40%) of the target Inventory level, without limiting any other rights hereunder, Sylvamo shall have the right to approve all contingency sourcing procedures that the parties have discussed and determined will ensure supply security, or Sylvamo may request that IP take certain actions necessary to ensure the supply security, which such request IP cannot unreasonably reject, withhold, condition, or delay. In the event that wood supply across a Transferred Mill and its applicable Area ▇▇▇▇▇ is insufficient to satisfy the combined demand, IP agrees to allocate the available fiber proportional to demand, across the Transferred Mill and its applicable Area ▇▇▇▇▇, to the extent practical, so that Sylvamo and the Transferred Mill is neither advantaged or disadvantaged relative to an Area Mill.
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SUPPLY SECURITY 
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Related to SUPPLY SECURITY

  • Safety; Security Contractor’s failure to comply with any of the requirements in this Section shall be cause for termination.

  • E7 Security The Authority shall be responsible for maintaining the security of the Authority premises in accordance with its standard security requirements. The Contractor shall comply with all security requirements of the Authority while on the Authority premises, and shall ensure that all Staff comply with such requirements.

  • Facility Security Contractor shall keep all doors locked while working in any buildings on the site. Keys shall not be left in the doors. Contractor shall not admit any person into the building that is not a direct employee of the Contractor and not actively engaged in performance of the Work. Contractor shall restrict access to the areas of the facility not specifically included in this Contract for construction services. The Contractor shall check all windows and doors for proper closure and locking, extinguish all lights except master security lighting, and then reactivate the security system (if applicable) prior to leaving the facility.

  • Bid Security 2.1 Bid security, as a guarantee of good faith, in the form of a certified check, cashier's check, or bidder's bond, may be required to be submitted with this bid document, as indicated on the bid. 2.1.1 Bid security, if required, shall be in the amount specified on the bid. The bid security must be scanned and attached to the “Response Attachments” section of your response or it can be faxed to the Purchasing Office at ▇▇▇-▇▇▇-▇▇▇▇. The original bid security should then be sent or delivered to the office of the Purchasing Division, ▇▇▇ ▇. ▇▇▇ ▇▇., ▇▇▇. ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ to be received within three (3) days of bid closing. 2.1.2 If bid security is not received in the Office of the Purchasing Division as stated above, the vendor may be determined to be non-responsive. 2.2 If alternates are submitted, only one bid security will be required, provided the bid security is based on the amount of the highest gross bid. 2.3 Such bid security will be returned to the unsuccessful Bidders when the award of bid is made. 2.4 Bid security will be returned to the successful Bidder(s) as follows: 2.4.1 For single order bids with specified quantities: upon the delivery of all equipment or merchandise, and upon final acceptance by the Owners. 2.4.2 For all other contracts: upon approval by the Owners of the executed contract and bonds. 2.5 Owners shall have the right to retain the bid security of Bidders to whom an award is being considered until either: 2.5.1 A contract has been executed and bonds have been furnished. 2.5.2 The specified time has elapsed so that the bids may be withdrawn. 2.5.3 All bids have been rejected. 2.6 Bid security will be forfeited to the Owners as full liquidated damages, but not as a penalty, for any of the following reasons, as pertains to this specification document: 2.6.1 If the Bidder fails or refuses to enter into a contract on forms provided by the Owners, and/or if the Bidder fails to provide sufficient bonds or insurance within the time period as established in this specification document.

  • User Security You agree to take every precaution to ensure the safety, security and integrity of your account and transactions when using Mobile Banking. You agree not to leave your Device unattended while logged into Mobile Banking and to log off immediately at the completion of each access by you. You agree not to provide your username, password or other access information to any unauthorized person. If you permit other persons to use your Device, login information, or other means to access Mobile Banking, you are responsible for any transactions they authorize and we will not be liable for any damages resulting to you. You agree not to use any personally identifiable information when creating shortcuts to your Account. We make no representation that any content or use of Mobile Banking is available for use in locations outside of the United States. Accessing Mobile Banking from locations outside of the United States is at your own risk.