QVL/AVL definition
QVL/AVL means the Qualified Vendor List/Approved Vendor List, which is limited to manufacturers appearing in the list which shall be supplied by NEXUS in respect of each component to be used in the manufacture of the Products. If NEXUS shall wish to make any changes to the QVL/AVL it shall notify AMS of the desired change. Within seven (7) calendar days after AMS’s receipt of notice of such change, AMS shall advise NEXUS in writing of any costs and other impacts arising from such change, and AMS shall not proceed to obtain such components until NEXUS has approved such impact in writing, following which approval AMS shall engage with such new QVL/AVL. In the event that NEXUS does not approve such impact in writing, AMS shall continue with the procurement as before.
Examples of QVL/AVL in a sentence
NEXUS hereby provides AMS with a QVL/AVL for each B.O.M. item of a Product to be manufactured as set out in Appendix 13.
In no event shall AMS change to a vendor that does not appear on the relevant QVL/AVL without NEXUS’s express prior written consent (in NEXUS’s sole discretion), such consent not to be unreasonably withheld.