Logistics Agreement definition
Examples of Logistics Agreement in a sentence
Schedules: The following schedules form part of this Agreement: Schedule 1: Terms of Purchase Schedule 2: Quality Agreement Schedule 3: Logistics Agreement Schedule 4: TT specific requirements Schedules 2 to 4 where issued by TT at any point.
Supplier shall not be entitled to reject Purchase Orders unless Distributor does not comply with the standard lead times agreed between the Parties in the Logistics Agreement and as may be updated monthly at the Management Committee meetings, the Purchase Order is not otherwise in accordance with this Agreement, in case of Force Majeure Event or in case Distributor is in breach of any of its obligations.
Unless otherwise defined in this Logistics Agreement, capitalized terms used in this Logistics Amendment shall have the meaning as ascribed to such term in the 2015 Agreement.
As the applicable percentage ratios in respect of the annual transaction amount under the Logistics Agreement are expected to be more than 0.1% but less than 5%, the transactions contemplated under the Logistics Agreement are subject to the reporting, annual review and announcement requirements and exempt from the requirement of Independent Shareholders’ approval under Chapter 14A of the Listing Rules.
This Logistics Agreement, together with General Purchase Terms and Conditions, project specific requirements and the Quality Agreement constitute an integral part of the Supply Agreement between ▇▇▇▇-▇▇▇▇▇ and its suppliers in the context of supplying the products described in the Purchase Order.