BDSC definition
Examples of BDSC in a sentence
Either Party may, effective upon written notice to the other Party, change one or more of its BDSC members at any time.
For the avoidance of doubt, any disputes related to this Agreement shall be subject to the dispute resolution procedures described in Section 12 and not the BDSC or this Section 11.
The Parties shall negotiate in good faith the prices for 7.62mm and 50 caliber rounds pursuant to the BDSC (or such other process as the Parties may mutually agree).
If the Parties identify (whether through the BDSC or the Parties’ standard “bid” or “request for proposal” processes) significant changes in the domestic or international small-caliber ammunition markets including the profitability of selling Ammunition Products in such markets, then the BDSC shall evaluate in good faith whether, under the circumstances and in light of the principles set forth on Exhibit F, an equitable adjustment to pricing of the related Ammunition Products is warranted.
If the Parties identify (whether through the BDSC or the Parties’ standard “bid” or “request for proposal” processes) significant changes in the domestic or international Powder Products markets including the profitability of selling Canister Powder Products in such markets, then the BDSC shall evaluate in good faith whether, under the circumstances, an equitable adjustment to pricing of the related Powder Products is warranted.
The BDSC shall not have the authority to modify any of the terms of this Agreement except pursuant to a written agreement signed by each Party in accordance with Section 20(f).
For the avoidance of doubt, any disputes related to this Agreement shall be subject to the dispute resolution procedures described in Section 11 and not the BDSC or this Section 10.
If, in the preceding quarter, the Vista Outdoor Group has identified an opportunity to sell small-caliber ammunition products to a foreign government customer and has determined that it will not pursue such opportunity, the Vista Outdoor Group shall, in a timely fashion, raise the opportunity to the attention of the Orbital ATK Group at a BDSC meeting.
The BDSC shall not have the authority to modify any of the terms of this Agreement except pursuant to a written agreement signed by each Party in accordance with Section 21(f).
The Vista Outdoor Group shall also inform the Orbital ATK Group, through the BDSC, in the event that the Vista Outdoor Group notifies its major customers of a price change for Ammunition Products.