Sole Supplier definition
Examples of Sole Supplier in a sentence
Conversely, the Purchaser shall pay the reasonable costs, including personnel termination costs (including those actuarially determined) determined in accordance with Article 10.8, which result from the Supplier’s fixed cost reduction efforts in response to a permanent or long-term reduction by the Purchaser of a Sole Supplier SUMF Item or a Long Term SUMF Item.
For cases in which the Services are classified as Relevant or for the Sole Supplier, these periods will be increased by one hundred twenty (120) calendar days.
For cases in which the Services are classified as Relevant or for the Sole Supplier, these periods will be increased by ninety (90) calendar days.
The Executive Committee shall have the right to vary the volume of Service under any Sole Supplier Service to a level where no Service under the relevant Service Line is capable of being provided or can be Ordered.
If as a result of that review or at any other time the Settlement System Administrator and the Executive Committee shall agree to amend or substitute the list of Services in whole or in part, the Sole Supplier Index shall be revised accordingly.