Common use of Placement of Hub Orders Clause in Contracts

Placement of Hub Orders. When inventory on-hand and on-order in the supply chain falls below the Supply Chain Target, EMS Provider will place a Hub Order with Supplier. A Hub Order shall not constitute an offer to purchase, or create an obligation to purchase (other than as set out in Sec. 9.2 hereof (Freshness) and Art. 8 (Reschedules, Cancellations and Returns)), irrespective of the form in which the Hub Order is transmitted (e.g. discrete P.O., the boilerplate terms of which purport to form an offer to purchase). Hub Orders and Supplier’s fulfillment of Hub Orders shall comply with MOQ and MPQ.

Appears in 3 contracts

Samples: Lean Vmi Agreement, Master Purchase Agreement (Gsi Technology Inc), Master Purchase Agreement (Gsi Technology Inc)

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Placement of Hub Orders. When inventory on-hand and on-order in the supply chain falls below the Supply Chain Target, EMS Provider will place a Hub Order with Supplier. A Hub Order shall not constitute an offer to purchase, or create an obligation to purchase (other than as set out in Sec. 9.2 hereof (Freshness) and Art. 8 (Reschedules, Cancellations and Returns)), irrespective of the form in which the Hub Order is transmitted (e.g. discrete P.O., the boilerplate terms of which purport to form an offer to purchase). Hub Orders and Supplier’s fulfillment of Hub Orders shall comply with MOQ and MPQ.. 5.3

Appears in 1 contract

Samples: Master Purchase Agreement

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