Blanket Order definition

Blanket Order means the agreement wherein a vendor will sell certain items to the Municipality for an agreed period of time with established terms and conditions.
Blanket Order means an Order where Deliverables are ordered over a period of time by means of Releases issued from time to time under such Blanket Order, or, as the case may be, via amendments on the face of such Blanket Order.
Blanket Order means an order raised with a supplier for a specific range or category against which individual requirements will be drawn down / ‘called off’ over a period. Typically, the overall quantities are not known precisely at the start of the arrangement, so a commitment is given to fix the terms of the agreement for a specified period, for example, six months or 12 months.

Examples of Blanket Order in a sentence

  • Terms defined in the Securities Act (British Columbia) (the Act), in National Instrument 14-101 Definitions or in Multilateral Instrument 96-101 Trade Repositories and Derivatives Data Reporting (MI 96-101) have the same meaning in this Blanket Order.

  • Termination of Blanket Order - The agreement may be terminated by the using department by submitting a Change Order request to the Purchasing Department.

  • The following minimum data is required: - Order Number / Blanket Order Number; - Delivery Note Number; - MDP Part Number; - Quantity; - Name of Supplier/ Supplier Number; - Batch Number; - Shelf life / Expiry Date.


More Definitions of Blanket Order

Blanket Order means an agreement with a Vendor that sets terms and conditions for procuring specific Supplies and/or Services over a period of time. The Blanket Order establishes an account with the Vendor whereby such Vendor agrees to supply the said items at specified prices. There is no guarantee of quantities or delivery time.
Blanket Order means Blanket Order 96-501;
Blanket Order means one of two order methods, also known as "Bus Route" (the other method being Purchase Order, e.g., Spot Buy, defined below) which may be used by Applied in ordering Items from Supplier, as described in Section 2.1.5. "Commercial Off-The-Shelf" means Items that have been manufactured to the original equipment manufacturer's specifications versus Items manufactured to customer or Applied build-to-print specifications.
Blanket Order means an arrangement under which a purchaser contracts with a vendor to provide the purchaser's requirements for an item(s) or a service, on an as-required and often over-the-counter basis. Such an arrangement sets a limit on the period of time it is valid and the maximum amount of money which may be spent at one time or within a specified period. (Usually, but not always, the funds for agency blanket orders will be encumbered.)
Blanket Order means an arrangement, method or agreement for the order and purchase of goods under which the buyer issues a standing, blanket or open order (under which quantities may be indeterminate, forecasted, or otherwise provided for) and then periodically specifies quantities for delivery through summary orders, issuance of a purchase order document, or by electronic or other notice.
Blanket Order means a repeat order for a product, the quantity and frequency of which is identified in a written delivery schedule and agreed by the Supplier
Blanket Order means an Order submitted to the Company by the Buyer which contains multiple delivery dates over a period of time.