Outstanding Order definition
Examples of Outstanding Order in a sentence
In the event of termination pursuant to this subsection (b), SWCO shall have the right, at its option, to confirm in whole or in part any Outstanding Order, in which case Supplier shall be obligated to fulfill the Order to the extent it is confirmed, or to cancel, in whole or in part, any outstanding Order without any liability to SWCO.
Unless Borrower or a -------------------------------------------- Lender, as the case may be, notifies Administrative Agent prior to the date on which it is scheduled to make payment to Administrative Agent of (i) in the case of a Lender, its portion of an Advance, or (ii) in the case of Borrower, principal, interest or fees to the Administrative Agent for the account of the Lenders, that it does not intend to make such payment, Administrative Agent may assume that such payment has been made.
As of the date of this Agreement, neither the Seller nor the Parent (nor any of their respective affiliates) shall take any new orders (or modify any Outstanding Order to increase the amount of product being supplied to any particular customer) or enter into any contracts or agreements to sell products bearing any of the Trademarks.
The Outstanding Order cartridges delivered in 2019 will not be counted in 2019 volume.
Notwithstanding the foregoing, Medica agrees to fulfill Vapotherm’s firm, binding 19 June 2018 purchase order for [* * *] Cartridges ([* * *] High Flow and [* * *] Low Flow), which Medica accepted on 1 August 2018 (the “Outstanding Order”), even if fulfilling such Outstanding Order will require Medica to ship Cartridges thereunder after 1 Jan 2019 at pricing other than the base price that is forth in Exhibit A-2.
USN hereby further understands that A▇▇▇▇▇ may, at its sole and absolute discretion and to the extent that it deems the same feasible in its sole discretion, continue (on a non-exclusive basis) to contact or oversee the solicitation of Outstanding Order Customers and conversion of such persons into Converting Customers.
To Seller’s knowledge, no Business Intellectual Property licensed by Seller is presently subject to any Outstanding Order that restricts in any manner the use thereof by Seller.