Draw Down Order definition
Draw Down Order or “DDO” means the order issued by Company under a Local Activation Letter, with content defined in Clause 8.1.
Draw Down Order means each of the orders containing detailed instructions about each individual delivery request in respect of the(s) Good(s) in question that the Buyer sends, while the Contract is valid, to the Seller with regard to Goods that are supplied from time to time or in a continuous manner, doing so in compliance with the provisions set forth in the relevant Order Letter.
Examples of Draw Down Order in a sentence
Rejection of a Draw Down Order is a breach of the Contract unless legally excused (due to Force Majeure or on some other basis).