Common use of Blanket Orders Clause in Contracts

Blanket Orders. In the event that Customer has purchased the Hardware or Media in a blanket order with multiple shipment dates, Peak will invoice Customer on the shipment date of each installment of the blanket order. Customer shall be responsible for the total purchase price of the blanket order. In the event that Customer has not requested delivery of the total quantities of the Hardware or Media prior to the expiration date of the blanket order, Peak will invoice the Customer for the remaining balance due and Customer agrees to pay the remainder of the total purchase price upon receipt of Peak’s invoice. If no expiration date is stated on the Order, the blanket order shall expire twelve (12) months from the date of the Order.

Blanket Orders. In the event that Customer has purchased the Hardware or Media in a blanket order with multiple shipment dates, Peak Peak-Ryzex will invoice Customer on the shipment date of each installment of the blanket order. Customer shall be responsible for the total purchase price of the blanket order. In the event that Customer has not requested delivery of the total quantities of the Hardware or Media prior to the expiration date of the blanket order, Peak Peak-Ryzex will invoice the Customer for the remaining balance due and Customer agrees to pay the remainder of the total purchase price upon receipt of Peak-Ryzex’s invoice. If no expiration date is stated on the Order, the blanket order shall expire twelve (12) months from the date of the Order.