Component purchases definition
Examples of Component purchases in a sentence
The Parties shall periodically meet and agree on any MOQ Component purchases.
Licensed Component purchases will be subject to terms and conditions to be agreed upon between Licensee and an Authorized Distributor, and Apple will not be a party to any transaction between Licensee and an Authorized Distributor.
Plexus agrees to notify Customer in writing of Component purchases related to schedule changes that will create adverse purchase price variance.
Notwithstanding the foregoing, Newco shall provide Spectrian with its “most favored customers” pricing with respect all of Spectrian’s Component purchases (without regard to volume or mix) for all purchase orders placed during the (2) two consecutive 12 month periods following the Effective Date, with the “most favored customer pricing” determined at the time Spectrian submits its purchase order.
For any Component purchases beyond a one hundred and twenty (120) day material lead time, Benchmark will be required to obtain a material authorization from Customer before making the purchase.
Plexus agrees to notify Customer of Component purchases related to any particular Component that will create adverse purchase price variance in excess of $[***] with respect to the aggregate quantity of such particular Component required to support any Customer Purchase Order.
In the event that Purchaser fails to make any outstanding payments due to Foxconn and the situation is not remedied within ten (10) business days from the date the payments become overdue, Foxconn reserves the right to suspend either the affected Component purchases or the affected or further shipments of Product without liability or penalty, until such payments have been paid in full.