Common use of Order Acknowledgment Clause in Contracts

Order Acknowledgment. An Order will be deemed to have been placed as of the date of receipt of the Order. The receiving Party will promptly confirm the receipt of an Order electronically or through facsimile to the ordering Party within two working days. Orders that are within the allowed variances from the forecasts, as set out in Section 8.7, will be deemed accepted upon receipt. All Orders will be deemed accepted if the receiving Party does not reject the Order or non-conforming item on the Order, in whole or in part, within ten business days of receipt of the Order. If an Order exceeds the Forecast or shortens the Lead Time, the receiving Party will use reasonable efforts to fill such excess or accommodate such shorter Lead Time.

Appears in 4 contracts

Samples: Collaboration Agreement (Bruker Daltonics Inc), Collaboration Agreement (Bruker Daltonics Inc), Collaboration Agreement (Bruker Daltonics Inc)

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