Common use of EMERGENCY PURCHASES Clause in Contracts

EMERGENCY PURCHASES. Members reserve the right to make purchases of items included under this Agreement when emergency conditions exist and do not require a Letter of Participation as defined in B43. All emergency purchases shall be reported as regular sales to E&I. An Emergency Purchase, for the purposes of this Agreement, means a purchase made in a crisis situation where immediate action is required to prevent the possible loss of life or property or significant financial loss or environmental impacts. An emergency purchase may be made when the existence of an emergency condition creates an immediate and serious need for goods or services that cannot be met through normal procurement methods.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

AutoNDA by SimpleDocs

EMERGENCY PURCHASES. Members reserve the right to make purchases purchases, upon mutual agreement between the Member and the Supplier, of items included under this Agreement when emergency conditions exist and do not require a Letter of Participation an alignment form as defined in B43. All emergency purchases made through this Agreement shall be reported as regular sales to E&I. An Emergency Purchase, for the purposes of this Agreement, means a purchase made in a crisis situation where immediate action is required to prevent the possible loss of life or property or significant financial loss or environmental impacts. An emergency purchase may be made when the existence of an emergency condition creates an immediate and serious need for goods or services that cannot be met through normal procurement methods.

Appears in 1 contract

Samples: Master Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!