Buyer Specification definition
Examples of Buyer Specification in a sentence
The supplier shall also ensure all standards set out in the Buyer Specification of Requirement (Annex A) are fully met.
Buyer shall reimburse SAD for the mutually agreed upon reasonable expenses incurred by SAD as a result of the Buyer Specification Changes, including, but not limited to, reimbursing SAD for its mutually agreed validation and development costs, capital expenditure costs and costs for any reasonable inventory of packaging components or other materials maintained by SAD for purposes of this Agreement and consistent with the PO, and rendered unusable as a result of the Buyer Specification Changes.
Prior to implementation of Buyer Specification Changes, the Parties shall negotiate in good faith in an attempt to reach agreement on (a) the new Active Ingredient Price for any Active Ingredient which embodies the Buyer Specification Changes, (b) any amounts to be reimbursed by Buyer to SAD as described in the next sentence of this paragraph, and (c) any other amendments to this Agreement which may be necessitated by the Buyer Specification Changes (i.e., an adjustment to the lead time for POs).
If any such proposed change to the Specification requires additional capital expenditure or other expenditures by Seller, Seller shall notify Buyer in writing of the applicable additional capital expenditures, and the Buyer Specification Change shall not be deemed accepted until Buyer has consented in writing to reimburse Seller for the same.
Seller shall have the obligation to accept and implement any Buyer Specification Change unless in its reasonable judgment, after reasonable consultation with Buyer, Seller determines that such Buyer Specification Change is not technically feasible.
Distributors who supply goods to be applied to a government contract or subcontract shall maintain a quality program which meets the requirements of Buyer Specification 729476 (Distributor Quality Requirements) in lieu of 24(a) and 24(b), above.
Requirements The supplier shall comply with the security standards set out in the Buyer Specification of Requirement (Annex A) are fully met.
Seller shall evaluate such Buyer Specification Change promptly after Seller’s receipt thereof.