Third Order Sample Clauses
The "Third Order" clause defines the procedures and conditions under which a third party may issue instructions, requests, or orders within the context of an agreement. Typically, this clause clarifies who is authorized to act as a third party, the scope of their authority, and how such orders are to be communicated and executed by the primary parties. For example, it may apply when a client designates an agent to place orders on their behalf, or when a regulatory body issues directives that must be followed. The core function of this clause is to ensure that all parties understand the legitimacy and process for handling instructions from entities other than the original contracting parties, thereby reducing confusion and potential disputes.
Third Order. On or before September 30, 2016, at least one-third (1/3) of the Minimum Amount of DNR Units.
Third Order. Within ninety (90) days of the delivery of the Units comprising the Second Order into the Territory, the Purchaser will make a third non-refundable deposit for the purchase of five (5) additional Units to Taronis in an amount equal to twenty-five percent (25%) of the Unit Purchase Price per Unit, which amount is $3,515,625 (“Third Order”).
Third Order. (1) Upon Federal’s acceptance of the pilot field test of the [*] units acquired pursuant to FedEx Contract No. ▇▇-▇▇▇▇-▇▇▇, Contractor agrees to perform, on behalf of Federal, the additional services described in Exhibit B which is attached hereto and incorporated herein by reference (the “Third Order Services”).. * Confidential Treatment Requested
(2) In exchange for performing the Third Order Services, Contractor shall receive a fee which in no event shall exceed the maximum amount of One Hundred Forty-Five Thousand Nine Hundred Dollars ($145,900.00), plus applicable taxes.
(3) The amount for Reimbursables associated with the Third Order Services shall be limited to a maximum of Eighteen Thousand Five Hundred Eighty-Five Dollars ($18,585.00)..
Third Order. On or before September 30, 2016, at least one-third (1/3) of the Minimum Amount of DNR Units. Notwithstanding the foregoing, if on such date the Rig Count is in the Territory is at least five percent (5%) less than the Initial Rig Count, the minimum for the Second Order shall be reduced by a percentage equal to the aforementioned percentage difference on such date, Notwithstanding anything contained above, if the Second Order Rig Count in the Territory was less than the Initial Rig Count, and Distributor exercised its option to reduce the minimum for the Second Order, and the Rig Count in the Territory for the Third Order Date is greater than the Second Order Rig Count in the Territory, the amount of the Third Order minimum shall be increased by such percentage increase in the Rig Count; provided, however, notwithstanding the foregoing, the minimum for the Third Order shall be such that the minimum for all three Orders combined shall not exceed $1,500,000. The Parties agree that the “Initial Rig Count” means 255 rigs. Thereafter, “Rig Count” for the Territory shall be as published in the Tudor P▇▇▇▇▇▇▇▇ Weekly Roundup or if such Report is no longer available, the B▇▇▇▇ H▇▇▇▇▇ Report, and shall consist of the number of drilling rigs performing horizontal drilling operations within the Territory during the applicable time period. On the following dates, for Distributor to maintain the benefits of exclusivity, the Run Rate utilization percentage must be equal to or greater than:
Third Order. After the written acceptance by FedEx Corporate Services, Inc. of the software customization Services under the Professional Services Agreement dated August 29, 2005, Agreement, Federal shall be entitled to acquire by Purchase Order the items listed in the Third Order set forth in the attached Exhibit A for the total fee of One Hundred Eighty-Nine Thousand One Hundred and Ninety-Six Dollars and Ninety-Five Cents ($189,196.95). * Confidential Treatment Requested