Second Purchase Order definition
Examples of Second Purchase Order in a sentence
The Preliminary Purchase Price for the Initial Purchase Order, Second Purchase Order, Third Purchase Order and the Engineering Runs is set forth in Annex E.
Within [****]* of receipt of a purchase order (other than the Initial Purchase Order, the Second Purchase Order and the Third Purchase Order) by GMN, GMN shall notify PDL in writing whether it intends to accept or reject such purchase order.
During the Initial Term of this Agreement GMN shall manufacture the Product at the Facility in accordance with this Agreement in order to supply PDL with Product to meet PDL’s requirements for its clinical development programs as specified in the Initial Purchase Order, the Second Purchase Order and the Third Purchase Order.
At the buyer’s discretion, up to every three (3) months during the first year of this agreement, and every six months thereafter for the remaining term of this agreement, MEPI and EPT will review MEPI’s progress towards process improvement which will reduce the cost of the striker assemblies listed in Appendix 1 with respect to all open Purchase Orders, including, without limitation, the Initial Purchase Order and the Second Purchase Order.
No later than [****]*, PDL shall place and GMN shall accept a third purchase order covering the period of from [****]* through [****]*, which purchase order shall contain no fewer than [****]* batches of Product and no more than [****]* batches of Product (the “Third Purchase Order”); provided that the Second Purchase Order and the Third Purchase Order shall contain an aggregate minimum order of no fewer than [****]* batches of Product.
Notwithstanding anything in this Agreement to the contrary, the Products to be delivered pursuant to the First Purchase Order shall be delivered 30 days after the Effective Date, and the Products to be delivered pursuant to the Second Purchase Order shall be delivered 60 days after the Effective Date.
In connection with the Second Purchase Order, the Purchaser shall grant the Seller a ninety (90) day credit credit for Kah Tequila and one hundred twenty (120) day credit for Agave 99 Tequila and ▇▇ ▇▇▇▇▇ Tequila, which shall include Federal Excise Tax and shipping.
The Parties agree that it is a condition precedent to the Second Purchase Order and any subsequent Purchase Orders becoming a binding contract between the Parties that the Performance Bond covering the work to be performed under the relevant Purchase Order(s) is in full force and effect.
The “Striker Assembly” price will be adjusted upward should the cost of raw material increase more than an average of ten (10) percent over a period of thirteen (13) consecutive weeks and, for purposes of the Second Purchase Order (as defined in Section 3.3(b), below), shall be adusted upward or downward, as the case may be, to reflect reasonable price changes resulting from design changes.
Thirty (30) days following Purchaser’s receipt of the Second Purchase Order, Purchaser shall issue an invoice in connection with the Second Purchase Order (the “Second Invoice”).