EDI Transactions Clause Samples

The EDI Transactions clause governs the use of Electronic Data Interchange (EDI) for transmitting business documents and information between parties. It typically outlines the technical standards, security protocols, and responsibilities for sending and receiving electronic documents such as purchase orders, invoices, or shipping notices. By establishing clear procedures and expectations for EDI communications, this clause ensures efficient, secure, and reliable electronic transactions, reducing errors and streamlining business processes.
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EDI Transactions. Use of EDI Maximizing use of Electronic Data Interchange (“EDI”) is a key priority of Kroger. Cooperative efforts through the use of EDI have resulted in increased accuracy, improved timeliness, and reduced operating expenses. Kroger supports a variety of different EDI Transactions, some of which are mandated through an “EDI Non-Compliance” program. Information relative to available transactions sets, ▇▇▇▇▇▇’s requirements, and supply chain programs leveraged through EDI can be found on the Kroger EDI web site: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇ Vendor will comply with EDI Technical Requirements and Advance Shipment Notification, as set forth in Exhibit E. Because updates to the site are made on a regular basis, including posting of “Alerts”, all Vendors are expected to make site visits regularly. For new Vendors, the site provides valuable information on how to “Get Started” with Kroger. If Vendor does not have an EDI solution, suggestions are offered on the site and we encourage Vendor to contact one of our EDI Business Analysts. A current contact list is provided. EDI Non-Compliance Vendors who accept product orders that require shipment to any Kroger Program (DC Purchase distribution center (“DC”) are required to have the ability to receive the issued Orders) purchase order via EDI as well as to return the associated invoice via EDI. Vendors not meeting this requirement will be given ninety (90) days to comply. Should Vendor not conduct the transactions via EDI within the ninety (90) days required a $200.00 fee will be deducted by Kroger from payment to help offset the cost of manual processing. Acceptance of a Kroger Purchase Order will signify consent to this term of purchase. Standards Kroger utilizes the standards of ANSI ASC 12 while following the industry guidelines of UCS, VIC, and Motor. These standards may be changed by Kroger from time to time. Transmissions Documents are transmitted electronically to each Vendor through the use of valued added networks and on a limited basis directly to Vendor. Either party may contract with the value-added network of its choice, but thirty (30) days notice must be given to the other party upon any change in the choice of the preferred value-added network. Each party is responsible for value-added network expenses for data sent or picked up from its own mailbox. Acknowledgments Vendor will acknowledge the receipt of transactions as facilitated through the 997 Functional Acknowledgment or alternative acknowledgment approv...
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EDI Transactions. Competitive Supplier shall provide CPG with electronic copies of all incoming and outgoing EDI transactions which relate to this ESA. ISO-NE Settlement Data – Provided that Competitive Supplier has a dedicated load asset(s) solely for the Program relating directly to this ESA, Competitive Supplier shall provide the Aggregator or CPG on a quarterly basis with ISO-NE settlement data for the load asset(s) created for the Program (hourly real-time load obligation and monthly capacity settlement reports, inclusive of daily MW requirement, both preliminary and re- settlement files).
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EDI Transactions. If Seller and Buyer have mutually agreed to use an EDI system to facilitate purchase and sale transactions, ▇▇▇▇▇ agrees that it will not contest (a) any contract of sale resulting from an EDI transaction under the provisions of any law relating to whether agreements must be in writing or signed by the party to be bound thereby or (b) the admissibility of copies of EDI records under the business records exception to the hearsay rule, the best evidence rule, or any other similar rule, on the basis that such records were not originated or maintained in documentary form. PAYMENT: Payment for sales made on a credit account shall be due to be received by Seller within 30 days from the date of Seller’s invoice without discount for early payment, unless otherwise noted by Seller. For custom-ordered or special-ordered material, Seller’s manufacturers may require a pre- payment before manufacturing or shipping the ordered products; so Buyer may be required to pre-pay certain amounts on an order, and said pre-payment may be non-refundable under the manufacturer’s terms. Late payments are subject to a service charge equal to 1 1/2 % per month (18% per annum), or the maximum amount permitted under law, if less, until paid. Buyer shall reimburse Seller for all costs of collection of unpaid obligations owed by Seller, including attorney’s fees and court costs. Seller reserves the right at any time to suspend credit, change credit terms, or terminate a credit terms agreement or
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EDI Transactions. All EDI orders, verifications, forecasts, responses, acknowledgments and other communications shall reference and be subject to the terms and conditions of this Agreement and be in an industry standard format. In the event any or all of these transactions do not exist at the execution of this Agreement, the parties will agree upon a manual process to compensate in the interim until such transactions can be implemented. The following represents the required transaction sets by site, but may be changed from time to time. A schedule shall be mutually agreed upon if other Seller sites require EDI capabilities. Seller agrees to adhere to the agreed upon EDI 856 signal cut-off times as described below. Buyer and Seller agree to a 12 hour response reply to the 860 and 865 and Buyer will use commercially reasonable efforts to provide a 36 hour advance notification prior to Product shipment. Buyer and Seller agree to a response reply of 72 hours to the 870 transaction. Transaction Description Taiwan US
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EDI Transactions. If Seller and Buyer have mutually agreed to use an EDI system to facilitate purchase and sale transactions, customer agrees that it will not contest (a) any contract of sale resulting from an EDI transaction under the provisions of any law relating to whether agreements must be in writing or signed by the party to be bound thereby or (b) the admissibility of copies of EDI records under the business records exception to the hearsay rule, the best evidence rule or any other similar rule, on the basis that such records were not originated or maintained in documentary form.
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EDI Transactions. Use of EDI Maximizing use of Electronic Data Interchange (EDI) is a key priority of Transmissions Documents are transmitted electronically to each Vendor through the use Acknowledgments Vendor will acknowledge the receipt of transactions as facilitated Garbled Transmissions If any transmitted document is received in an unintelligible or garbled Termination GVH reserves the right to revoke an EDI partnership at any time and to Logistics Requirements UPC/GTIN Policy All Products sold to GVH in consumer units for the purpose of resale Product Preparation Vendor must prepare Products for shipment as specified by the GVH Packing List/Bill of Lading Vendors are required to prepare packing lists as specified below:
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EDI Transactions. Purchase Orders for Product generally are effected by electronic data interchange or other transmission method approved by Purchaser (“EDI”). Vendor shall ensure that its EDI processing system or service is capable of sending and receiving EDI data in conformance with the system then utilized by Purchaser, all as specified in the Vendor Standards. Vendor shall bear its own EDI-related costs and shall maintain security procedures sufficient to ensure that EDI transmissions are protected from improper access or disclosure. Except as specifically directed by Purchaser, use of paper documentation rather than EDI may subject Vendor to costs and administrative charges.
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Related to EDI Transactions

  • Acquisition Transactions The Company shall provide the holder of this Warrant with at least twenty (20) days’ written notice prior to closing thereof of the terms and conditions of any of the following transactions (to the extent the Company has notice thereof): (i) the sale, lease, exchange, conveyance or other disposition of all or substantially all of the Company’s property or business, or (ii) its merger into or consolidation with any other corporation (other than a wholly-owned subsidiary of the Company), or any transaction (including a merger or other reorganization) or series of related transactions, in which more than 50% of the voting power of the Company is disposed of.

  • Formation Transactions The Formation Transactions shall have been or shall be consummated substantially concurrently in accordance with the timing set forth in the respective Formation Transaction Documentation.

  • Restructuring Transactions On the Effective Date, the Debtor, Newco, GP, Finance Co and Merger Co shall enter into the Consensual Transaction described in Section 3 of the Implementation Plan attached to the Transaction Support Agreement as Exhibit B. On the later of the Effective Date and the Merger Date, the Debtor and Merger Co will enter into a merger agreement under which the Debtor will merge with Merger Co, and following the merger, the Debtor will be the surviving and successor entity. The actions to implement this Plan and the Implementation Plan may include, in accordance with the consent rights in the Transaction Support Agreement: (a) the execution and delivery of appropriate agreements or other documents of merger, amalgamation, consolidation, restructuring, conversion, disposition, transfer, arrangement, continuance, dissolution, sale, purchase, or liquidation containing terms that are consistent with the terms of the Plan and the Transaction Support Agreement and that satisfy the applicable requirements of applicable law and any other terms to which the applicable Entities may agree; (b) the execution and delivery of appropriate instruments of transfer, assignment, assumption, or delegation of any asset, property, right, liability, debt, or obligation on terms consistent with the terms of the Plan and the Transaction Support Agreement and having other terms for which the applicable parties agree; (c) the filing of appropriate certificates or articles of incorporation, reincorporation, merger, consolidation, conversion, amalgamation, arrangement, continuance, or dissolution pursuant to applicable state or provincial law; (d) the execution and delivery of contracts or agreements, including, without limitation, transition services agreements, employment agreements, or such other agreements as may be deemed reasonably necessary to effectuate the Plan in accordance with the Transaction Support Agreement; and (e) all other actions that the applicable Entities determine to be necessary, including making filings or recordings that may be required by applicable law in connection with the Plan.

  • Fund/SERV Transactions If the parties choose to use the National Securities Clearing Corporation’s Mutual Fund Settlement, Entry and Registration Verification (“Fund/SERV”) or any other NSCC service, the following provisions shall apply: The Company and the Fund or its designee will each be bound by the rules of the National Securities Clearing Corporation (“NSCC”) and the terms of any NSCC agreement filed by it or its designee with the NSCC. Without limiting the generality of the following provisions of this section, the Company and the Fund or its designee will each perform any and all duties, functions, procedures and responsibilities assigned to it and as otherwise established by the NSCC applicable to Fund/SERV, the Mutual Fund Profile Service, the Networking Matrix Level utilized and any other relevant NSCC service or system (collectively, the “NSCC Systems”). Any information transmitted through the NSCC Systems by any party or its designee to the other or its designee and pursuant to this Agreement will be accurate, complete, and in the format prescribed by the NSCC. Each party or its designee will adopt, implement and maintain procedures reasonably designed to ensure the accuracy of all transmissions through the NSCC Systems and to limit the access to, and the inputting of data into, the NSCC Systems to persons specifically authorized by such party. On each day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC (“Business Day”), the Company shall aggregate and calculate the net purchase and redemption orders for each Account received by the Company by the close of the New York Stock Exchange (generally, 4:00 p.m. Eastern Time) (the “Close of Trading”) on the Business Day. The Company shall communicate to the Fund or its designee for that Business Day, by Fund/SERV, the net aggregate purchase or redemption orders (if any) for each Account received by the Close of Trading on such Business Day (the “Trade Date”) no later than 7:00 a.m. Eastern Time (or such other time as may be agreed by the parties from time to time) (the “Fund/SERV Transactions Deadline”) on the Business Day following the Trade Date. All such aggregated orders communicated to the Fund or its designee by the Fund/SERV Transactions Deadline on the Business Day following the Trade Date shall be treated by the Fund or its designee as if received prior to the Close of Trading on the Trade Date. All orders received by the Company after the Close of Trading on a Business Day shall not be aggregated with Orders received by the Company prior to the Close of Trading on such Business Day and shall be communicated to BRIL or its designee as part of an aggregated order no sooner than after the FUND/SERV Transactions Deadline or such other time as may be agreed by the parties from time to time) the following Business Day. Cash settlement shall be transmitted pursuant to the normal NSCC settlement process. In the case of delayed settlement, the Fund or its designee shall make arrangements for the settlement of redemptions by wire no later than the time permitted for settlement of redemption orders by the 1940 Act. Unless otherwise informed in writing, such redemption wires should be sent to an account specified by the Company and agreed to by Fund Parties.

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1: