Common use of Global Sourcing Clause in Contracts

Global Sourcing. (i) GM may periodically undertake global sourcing studies with regard to the Components at any time during the term of this Agreement. GM agrees to solicit such information from qualified suppliers only, and in the context of both substantive volume (e.g., 1 million units) and an extended time frame, in order to assure that the information received represents achievable benchmarks. GM agrees to inform DRA on a timely basis of its issuance of any such requests.

Appears in 2 contracts

Samples: Component Supply Agreement (Delco Remy International Inc), Component Supply Agreement (Delco Remy International Inc)

AutoNDA by SimpleDocs

Global Sourcing. (i) GM may periodically undertake global sourcing studies with regard to the Components at any time during the term of this Agreement. GM agrees to solicit such information from qualified suppliers only, and in the context of both substantive volume (e.g., 1 million units) and an extended time frame, in order to assure that the information received represents achievable benchmarks. GM agrees to inform DRA on a timely basis of its issuance of any such requests.

Appears in 2 contracts

Samples: Component Supply Agreement (Delco Remy International Inc), Component Supply Agreement (Delco Remy International Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.