Common use of Ordering Entities Clause in Contracts

Ordering Entities. IQE plc shall be responsible for any act or omission of the Ordering Entities and of each Ordering Entity’s compliance with all of the terms of this Agreement. Any action or breach by any of the Ordering Entities shall be deemed an action or breach by IQE plc and IQE plc will indemnify and hold XXX harmless from any and all breaches of this Agreement by its Ordering Entities. IQE plc waives all of those defenses that IQE plc may have as to why IQE plc should not be liable for the Ordering Entities’ acts, omissions and noncompliance with this Agreement. IQE plc hereby guarantees payment for Products released pursuant to an Ordering Entity’s Purchase Order Release.

Appears in 3 contracts

Samples: Supply Agreement (Axt Inc), Supply Agreement (Axt Inc), Supply Agreement (Axt Inc)

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Ordering Entities. IQE plc shall be responsible for any act or omission of the Ordering Entities and of each Ordering Entity’s compliance with all of the terms of this Agreement. Any action or breach by any of the Ordering Entities shall be deemed an action or breach by IQE plc and IQE plc will indemnify and hold XXX AXX harmless from any and all breaches of this Agreement by its Ordering Entities. IQE plc waives all of those defenses that IQE plc may have as to why IQE plc should not be liable for the Ordering Entities’ acts, omissions and noncompliance with this Agreement. IQE plc hereby guarantees payment for Products released pursuant to an Ordering Entity’s Purchase Order Release.

Appears in 1 contract

Samples: Supply Agreement (Axt Inc)

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