Common use of Preferential Procurement Clause in Contracts

Preferential Procurement. 6.5.1 The Seller undertakes to the Buyer that it will procure compliance with the Committed Obligations in relation to the Preferential Procurement element in Annex 6 (Preferential Procurement Element Obligations). 6.5.2 The Quarterly Obligations, in respect of Preferential Procurement, are contained in Annex 10 (Quarterly Obligations). The Seller shall procure that the Quarterly Obligations referred to in Annex 10 (Quarterly Obligations) are attained or exceeded in the relevant periods. 6.5.3 Impact of B-BBEE Codes and Amended B-BBEE Codes on the Committed Obligations in relation to Preferential Procurement

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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