Purchase Procedure definition

Purchase Procedure means the procedure for repeat purchasing of Goods and/or Services under this Call Off Contract specified by the Customer in accordance with Clause 6;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Purchase Procedure means the procedure set forth on Schedule B to this Lease.

Purchase Procedure means Purchase Procedure as defined in Section 15.5 of the Lease.

Examples of Purchase Procedure in a sentence

• The Company agrees to adhere to this policy for the procurement of materials and services for which the cost is more than the purchasing authority established for the City Manager on an annual basis pursuant to Article VII (Finance) § 15 (Purchase Procedure) of the City Charter, and for which there are qualified local certified M/WBE suppliers, providing competitive prices and with sufficient financial resources in light of the particular materials and services to be supplied.

• Such purchase shall be consummated in accordance with the Cash Purchase Procedure.

• This Purchase Procedure is being conducted by IEC within the framework of a two stage public tender (Regulation 17(d) of the Mandatory Tenders Regulations 5753 – 1993; hereinafter "the Mandatory Tenders Regulations"), a preliminary selection/sorting stage (Regulation 17(c) of the Mandatory Tenders Regulations) and with an additional competitive process (Regulation 17(e) of the Mandatory Tenders Regulations).

• The Developer agrees to adhere to the supplier diversity policy for the procurement of materials and services for which the cost is more than the purchasing authority established for the City Manager on an annual basis pursuant to Article VII (Finance) § 15 (Purchase Procedure) of the City Charter, and for which there are qualified local certified M/WBE suppliers, providing competitive prices and with sufficient financial resources in light of the particular materials and services to be supplied.

• The Company agrees to adhere to this policy for the procurement of materials and services for which the cost is more than the purchasing authority established for the City Manager on an annual basis pursuant to Article VII (Finance) §15 (Purchase Procedure) of the City Charter, and for which there are qualified local certified MBE/WBE suppliers, providing competitive prices and with sufficient financial resources in light of the particular materials and services to be supplied.

• The purchase price for the Units transferred and sold pursuant to this Section 4.2I shall be paid pursuant to the Early Purchase Procedure.

• Any purchase pursuant to this Section 27 shall be in accordance with the Purchase Procedure.

• The purchase price for the Units transferred and sold pursuant to this Section 13.3(a)(iii) shall be paid pursuant to the Early Purchase Procedure.

• Upon Lessor's receipt of such Lease Balance on such date, Lessor shall cause Lessor's interest in the Leased Property to be conveyed to Lessee in accordance with and subject to the provisions of Section 15.5 "Purchase Procedure" hereof.

• The purchase price for the Units transferred and sold pursuant to this Section 13.5(b) shall be paid pursuant to the Early Purchase Procedure.

More Definitions of Purchase Procedure

Purchase Procedure means the procedure set forth in Section 28 to be used if any circumstance described herein wherein Tenant exercises its right of first refusal to purchase the Leased Premises. (ee) "Qualified Purchaser" shall mean any person or entity which is a "United States Person" within the meaning of Section 7701(a)(30) of the Internal Revenue Code of 1986 as amended (the "Code"), and as to which withholding of tax under section 1441 of the Code and the Regulations thereunder is not required who does not: (i) manufacture or sell products which are the same as or substantially the same as products manufactured or sold by Tenant, or (ii) conduct substantially the same type of manufacturing operations as Tenant. (ff) "Requisition" shall mean any temporary condemnation or confiscation of the use or occupancy of any of the Leased Premises by any governmental authority, civil or military, whether pursuant to an agreement with such governmental authority in settlement of or under threat of any such requisition or confiscation, or otherwise. (gg) "Restoration" shall mean the restoration of the Leased Premises after any Taking or damage by casualty as nearly as possible to their value, condition and character existing immediately prior to such Taking or damage and shall include the demolition, planning, and permitting periods required to complete such restoration. (hh) "State" shall mean the state in which the Leased Premises are situated. (ii) "Taking" shall mean any taking of any of the Leased Premises in or by condemnation or other eminent domain proceedings pursuant to any law, general or special, or by reason of any agreement with any condemnor in settlement of or under threat of any such condemnation or other eminent domain proceedings. (jj) "Taxes" shall mean taxes of every kind and nature (including real, ad valorem and personal property, income, franchise, withholding, profits and gross receipts taxes), all charges and/or taxes for any easement or agreement maintained for the benefit of any of the Leased Premises, all general and special assessments, levies, permits, inspection and license fees, all utility charges, all ground rents, and all other public charges and/or taxes whether of a like or different nature, even if unforeseen or extraordinary, imposed upon or assessed, prior to or during the Term, against Landlord, Tenant or any of the Leased Premises as a result of or arising in respect of the occupancy, leasing, use, maintenance, operation, management, repai...

Purchase Procedure means the procedure set forth in Section 28 to be used if any circumstance described herein wherein Tenant exercises its right of first refusal to purchase the Leased Premises.

Purchase Procedure means the procedure set forth on Exhibit C.

Purchase Procedure has the meaning set forth in Section 18.1 hereof.