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).

Related to Purchase Order Commitment

  • Purchase Order (PO) means a written offer made by a purchaser to a supplier formally stating the terms and conditions of a proposed transaction.

  • IITK Purchase Order means the IITK’s official Purchase Order document;

  • Purchase Commitment has the meaning set forth in Section 1.02(a).

  • Purchase Order Number means the Customer’s unique number relating to the supply of the Services;

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.