BLANKET CONTRACT Clause Samples
A Blanket Contract is an agreement that establishes general terms and conditions for a series of future transactions between parties, without specifying exact quantities or delivery dates at the outset. Typically, it allows a buyer to place multiple orders over a set period, drawing from the contract as needs arise, often at pre-negotiated prices or terms. This arrangement streamlines procurement processes and provides flexibility, ensuring that both parties can efficiently manage ongoing business needs without renegotiating each individual order.
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BLANKET CONTRACT. 4.1 If this is a Blanket Contract, we agree to supply Goods or Services to you at the price and in the manner agreed by this contract: either
4.1.1 for the period fixed by this contract; or if no period is fixed,
4.1.2 for an indefinite period terminable by either side on three months notice.
4.2 You must provide us with a forecast of your demand for Goods or Services subject of this Blanket Contract, either:
4.2.1 as provided by the specific terms of this contract; or, in default of any such specific terms
4.2.2 by way of a rolling forecast forecasting such demand for at least the next quarter year. Unless otherwise stated on the forecast, the first monthly require- ment set out on each such forecast shall be a firm order for the stat- ed quantity of Goods or Services.
4.3 You will notify us as soon as possible of any changes in the forecast.
4.4 If you change a forecast or change a firm order under a Blanket Contract, then we shall take reasonable steps to mitigate any loss which we might suffer.
4.5 If you change a firm order under a Blanket Contract, you shall (sub- ject to our duty to mitigate) pay us all costs and losses (including loss of profit) suffered by us in consequence thereof.
4.6 If a change in a forecast results:
4.6.1 in our purchasing materials which cannot be used in the ordi- nary course of our business, or
4.6.2 in our employees lacking work to do, or
4.6.3 in part or all of our premises, factories workshops or produc- tion lines standing idle, you agree (subject to our duty to mitigate) to pay us the costs or losses (but not loss of profit) reasonably attributable thereto.
4.7 We shall use reasonable efforts to meet orders for Goods and Services pursuant to your forecasts. If, despite reasonable efforts, we will not be able to meet your forecasts, we will have the option to decline any order placed by you under the Blanket Contract.
4.8 Under a Blanket Contract, you will order Goods or Services, which we shall then deliver in accordance with your order.
4.9 The consideration for the Blanket Contract is your making of the first order under the Blanket Contract.
4.10 Unless otherwise agreed, we reserve the right to vary prices to take into account changes in our labour and overhead rates.
BLANKET CONTRACT. This Contract is intended to serve as a blanket contract covering all broadcast schedules placed by CUSTOMER. Unless another Contract is signed, this Contract, including the foregoing Terms and Conditions, will automatically govern CUSTOMER'S future broadcast schedules as if CUSTOMER and West Texas Radio Group had signed a new Contract for each new schedule , and will continue in effect until terminated pursuant to Section 2 above. CUSTOMER agrees that West Texas Radio Group may rely on CUSTOMER’S verbal, telephonic, written, and/or electronic instructions as authorization to modify or make revision to such broadcast schedules and/or Programs as if each were authorized with a new Contract.
BLANKET CONTRACT. This Contract is intended to serve as a blanket contract covering all broadcast schedules placed by CUSTOMER. Unless another Contract is signed, this Contract, including the foregoing Terms and Conditions, will automatically govern CUSTOMER'S future broadcast schedules as if CUSTOMER and BVC had signed a new Contract for each new schedule , and will continue in effect until terminated pursuant to Section 2 above. CUSTOMER agrees that BVC may rely on CUSTOMER’S verbal, telephonic, written, and/or electronic instructions as authorization to modify or make revision to such broadcast schedules and/or Programs as if each were authorized with a new Contract. CUSTOMER'S PLACEMENT OF ADVERTISING SCHEDULES, PROGRAMMING OR OTHER MATERIALS AND BRAZOS VALLEY COMMUNICATIONS, LTD’s BROADCASTING OF SAME CONSTITUTES CUSTOMER'S ACCEPTANCE OF ALL