Purchase Order Commitment definition

Purchase Order Commitment means 60% of the Initial Base Firm Demand times 12. Deliveries of System Water made under the Interim Agricultural Water Program and Long-Term Seasonal Storage Service will not count toward the Purchase Order Commitment.
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Examples of Purchase Order Commitment in a sentence

  • Thereafter the Purchaser shall be bound to purchase the stated Initial Purchase Order Commitment.

  • Thereafter the Purchaser shall be bound to purchase the stated Initial Purchase Order Commitment (subject to any extension in accordance with section 18).