Common use of Modifications and Scheduling POs Clause in Contracts

Modifications and Scheduling POs. (a) All delivery dates, shipping instructions, quantities ordered and other like terms of a PO may be revised upon the issuance by Buyer to Seller of a change order in writing; provided that any and all changes set forth in such change orders must first be mutually agreed to by and between Buyer and Seller. If any such change results in an increase or decrease in the cost or time required for the performance of the work under the PO, there shall be a mutually agreed equitable adjustment of the PO price and the scheduled delivery date(s). Buyer shall pay for all work that Seller commenced for which the Seller has incurred costs under the PO prior to any quantities being decreased. Seller shall not be obligated to proceed with any requested changed or extra work, or other terms, until the price of such change and its effect on the scheduled delivery date(s) have been agreed upon and effected by a change order.

Appears in 6 contracts

Samples: Supply Agreement (BAKER HUGHES a GE Co LLC), Supply Agreement (Baker Hughes a GE Co), Supply Agreement (BAKER HUGHES a GE Co LLC)

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Modifications and Scheduling POs. (a) All delivery dates, shipping instructions, quantities ordered and other like terms of a PO may be revised upon the issuance by Buyer to Seller of a change order in writingwriting (a “PO Modification Agreement”); provided provided, however, that any and all changes set forth in such change orders PO Modification Agreement must first be mutually agreed to by and between Buyer and Seller. If any such change results in an increase or decrease in the cost or time required for the performance of the work under the PO, there shall be a mutually agreed equitable adjustment of the PO price and the scheduled delivery date(s)dates. Buyer shall pay for all work that Seller commenced for which the Seller has incurred costs under the PO prior to any quantities being decreased. Seller shall not be obligated to proceed with any requested changed changes or extra work, or other terms, until the price of such change and its effect on the scheduled delivery date(s) dates have been agreed upon and effected by a change orderPO Modification Agreement.

Appears in 2 contracts

Samples: Tm2500 Supply and Distribution Agreement (BAKER HUGHES a GE Co LLC), Tm2500 Supply and Distribution Agreement (Baker Hughes a GE Co)

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