Direct Procurement definition
Examples of Direct Procurement in a sentence
In instances of Direct Procurement, any reference to "Customer" in this document shall apply to you, mutatis mutandis.
If you procure the Services (defined below) directly from Lenovo for your internal use or benefit, then these terms, along with the Data Processing Addendum for Asset Recovery Services (“Data Processing Addendum”), and the Direct Procurement Schedule (where approved by Lenovo), collectively constitute the binding Agreement between you and Lenovo for the respective Services (defined below).
The list of processes enabled is detailed in the following table: - Direct Procurement without Inbound Delivery This process enables the user to order direct materials without using inbound deliveries.
For purposes of this SECTION 6l., a transaction is "material" if it requires a Company to pay more than $1,000,000 during the term of the governing agreement.
All correspondence and invoices covering these Terms and Conditions must be addressed to ▇▇▇’s Direct Procurement Department at the address indicated on the Purchase Order.