DOFO definition

DOFO. (Direct Order From OEM) means customer was referred by the OEM (Partner) and billing was done on the OEM. In this case subscription fees less margin and charged by Mithi to OEM as specified in Schedule 1
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Examples of DOFO in a sentence

  • Nothing in this Section 15.4(a) will require the DOFO Member to enter into any First Offer Transaction under any circumstances.

  • The DOFO Member may elect to accept some or all of the First Offer Proposals.

  • The other Members will have the right, but not the obligation, to submit a proposal to purchase their pro rata share (based on that Member’s Share compared to all other Members’ Share other than the Share of the DOFO Member) or more (i.e., oversubscribe) of the Membership Interests subject to the First Offer Transaction (the “First Offer Proposal”) within twenty days following receipt of the First Offer Transaction Notice.

  • If the DOFO Member elects not to accept the First Offer Transaction Proposals (or has Membership Interests subject to the First Offer Transaction remaining that were not purchased in connection with First Offer Proposals), the DOFO Member may enter into a First Offer Transaction with any Person if the terms and conditions of any such Transfer are not any less favorable to the DOFO Member than the terms and conditions set forth in any First Offer Proposal.