PKW definition
Examples of PKW in a sentence
In such event, PKW may, in its absolute discretion (without prejudice to any other rights), grant an extension to the delivery date and/or do whatever is necessary to expedite the provision of the Goods and/or Services at the Supplier’s expense, including terminating the Agreement (without compensation to the Supplier).
Without limiting the foregoing, any terms and conditions asserted or provided by the Supplier in connection with the supply of the Goods and/or Services will not bind PKW, even if signed on behalf of PKW.
Any moneys paid to the Supplier for the rejected Goods must be immediately refunded to PKW by the Supplier.
All Intellectual Property Rights PKW held prior to entry into this Agreement or developed independently of this Agreement will remain the exclusive property of PKW.
The price set out in the Purchase Order or agreed between the Supplier and PKW for the Agreement may not be amended without the prior written agreement of PKW.
The Supplier must: (a) take reasonable care of PKW Property (including in the preservation and handling of it); (b) take all necessary steps to ensure PKW Property is protected against misuse, damage, loss and unauthorised access; (c) comply with all requests or directions of PKW in relation to the management of the PKW Property; (d) use PKW Property for the sole purpose of performing its obligations under this Agreement; and (e) return PKW Property to PKW immediately upon demand.
Nothing in these terms and conditions or the Purchase Oder confers on the Supplier any right to be a sole or exclusive supplier of the Goods and/or Services to PKW.
Following upon any such termination, the Supplier must, to the extent specified by PKW, stop all work on the Purchase Order.
If no price is specified, then the Supplier must confirm the price with PKW before the supply of the Goods and/or Services.
PKW will not be bound to pay for the Goods and/or Services unless PKW has agreed to the price in writing before the Goods and/or Services are supplied.