Undelivered Orders definition
Examples of Undelivered Orders in a sentence
In addition, on the terms and subject to the conditions of this Agreement, on and as of the Closing Date, SCI shall transfer all rights and obligations with respect to Undelivered Orders approved by OSI or OSKK in accordance with Article 8.3.
Accepted reimbursable agreements shall be controlled by the following budgetary standard general ledger accounts: Unfilled Customer Orders; Undelivered Orders – Obligations Unpaid; and Delivered Orders – Obligations (paid and unpaid).
With respect to Post-Effective Date Supply Orders and supply orders entered into prior to the Effective Date by SCI that are undelivered to SCI as of the Closing Date and which have been approved by OSKK and OSI in writing ("Undelivered Orders"), on the Closing Date, SCI will assign the Undelivered Orders to OSKK and OSKK will assume SCI's obligations under the Undelivered Orders.