Common use of Preferred Supplier Status Clause in Contracts

Preferred Supplier Status. Flextronics shall be a Preferred Supplier of Customer's requirements for any Repair Services. "Preferred Supplier" shall mean that, provided Flextronics submits to Customer a quotation for such Repair Services that is at least as competitive (in terms of price, quality, delivery, performance and other standard benchmarks) as any other bona fide quotation(s) submitted by a third-party alternate Repair Service provider, the Customer shall place such business with Flextronics on a right of first refusal basis during the term of the Agreement. Flextronics acknowledges that this provision shall not apply to any Repair Services Customer elects, in its discretion, to perform internally.

Appears in 6 contracts

Samples: Confidential Treatment (Riverstone Networks Inc), Confidential Treatment (Riverstone Networks Inc), Confidential Treatment (Cabletron Systems Inc)

AutoNDA by SimpleDocs

Preferred Supplier Status. Flextronics shall be a Preferred Supplier of ------------------------- Customer's requirements for any Repair Services. "Preferred Supplier" shall mean that, provided Flextronics submits to Customer a quotation for such Repair Services that is at least as competitive (in terms of price, quality, delivery, performance and other standard benchmarks) as any other bona fide quotation(s) submitted by a third-party alternate Repair Service provider, the Customer shall place such business with Flextronics on a right of first refusal basis during the term of the Agreement. Flextronics acknowledges that this provision shall not apply to any Repair Services Customer elects, in its discretion, to perform internally.

Appears in 1 contract

Samples: Flextronics International (Cabletron Systems Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.