Common use of Operation Method Clause in Contracts

Operation Method. 4.1 The parties shall, prior to October 31 of each year, provide to the other party their respective demand plan regarding the products and services to be obtained from the other party for the next year (the “Demand Plan”) and shall, prior to November 30 of each year, provide to the other party their respective supply plan regarding the products and services to be furnished to the other party for the next year (the “Supply Plan”). 4.2 Party A and Party B shall ensure and cause their respective subordinated enterprises or units to, in accordance with the Supply Plan as confirmed by the parties, enter into specific products or services contracts in consistence with the principles and provisions hereof. 4.3 During the implementation of this Agreement, adjustments may be made to the Demand Plan and Supply Plan and specific products or services contracts when necessary and with the consents of both Party A and Party B.

Appears in 4 contracts

Samples: Product Supply and Sales Services Framework Agreement (Sinopec Shanghai Petrochemical Co LTD), Product Supply and Sales Services Framework Agreement (Sinopec Shanghai Petrochemical Co LTD), Product Supply and Sales Services Framework Agreement (Sinopec Shanghai Petrochemical Co LTD)

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Operation Method. 4.1 The parties Party A shall, prior to October 31 of each year, provide to the other party their respective Party B a demand plan regarding the products and services to be obtained from the other party for the next year from Party B (the “Demand Plan”) ), and Party B shall, prior to November 30 of each year, provide to the other party their respective Party A a supply plan regarding the products and services to be furnished to the other party Party A for the next year (the “Supply Plan”). 4.2 Party A and Party B shall ensure and cause their respective subordinated enterprises or units to, in accordance with the Supply Plan as confirmed by the parties, enter into a specific products or services contracts contract in consistence with the principles and provisions hereof. 4.3 During the implementation of this Agreement, adjustments may be made to the Demand Plan and Supply Plan and the specific products or services contracts contract when necessary and with the consents of both Party A and Party B.

Appears in 3 contracts

Samples: Comprehensive Services Framework Agreement (Sinopec Shanghai Petrochemical Co LTD), Comprehensive Services Framework Agreement (Sinopec Shanghai Petrochemical Co LTD), Comprehensive Services Framework Agreement (Sinopec Shanghai Petrochemical Co LTD)

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