On Time Delivery Performance Sample Clauses
The ON TIME DELIVERY PERFORMANCE clause sets expectations and requirements for the timely delivery of goods or services under a contract. It typically outlines the deadlines that must be met, the standards for measuring delivery timeliness, and may specify consequences for late delivery, such as penalties or corrective actions. This clause ensures that both parties are clear about delivery schedules and helps prevent disputes by holding the delivering party accountable for meeting agreed-upon timelines.
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On Time Delivery Performance. Within six months of the Commencement Date, Service Provider agrees to institute a program to achieve an On Time Delivery Performance of at least ***%. Service Provider further agrees to use commercially reasonable efforts to institute a program to achieve an On Time Delivery Performance of at least ***% by the second anniversary of the Commencement Date, or as soon as possible thereafter. Service Provider shall maintain and provide to the GE on a monthly basis performance statistics showing Customers’ requested delivery date and Service Provider’s actual ship date, and Service Provider shall maintain records of actual delivery performance for GE’s periodic review in order to calculate and confirm Service Provider’s On Time Delivery Performance.
On Time Delivery Performance. Based upon the quantities of acceptable quality product which arrive on BUYER'S dock on the specified dock date or up to 5 working days earlier. SELLER'S short-term goal is 98% on time by October 1998 based on 6 month moving average.
