PREMIUM SHIPMENTS. If Seller's acts or omissions result in Seller's failure to meet Buyer's delivery requirements and Buyer requires a more expeditious method of transportation for the goods than the transportation method originally specified by Buyer, Seller shall, at Buyer's action: (i) promptly reimburse Buyer the difference in cost between the more expeditious method and the original method; (ii) allow Buyer to reduce its payment of Seller's invoices by such difference, or (iii) ship the goods as expeditiously as possible at Seller's expense and invoice Buyer for the amount which Buyer would have paid for normal shipment.
Appears in 4 contracts
Samples: Component Supply Agreement (Delco Remy International Inc), Component Supply Agreement (Delco Remy International Inc), Component Supply Agreement (Delco Remy International Inc)
PREMIUM SHIPMENTS. If Seller's acts or omissions result in Seller's failure to meet Buyer's delivery requirements and Buyer requires a more expeditious method of transportation for the goods than the transportation method originally specified by Buyer, Seller shall, at Buyer's action: option, (i) promptly reimburse Buyer the difference in cost between the more expeditious method and the original method; , (ii) allow Buyer to reduce its payment of Seller's invoices by such difference, or (iii) ship the goods as expeditiously as possible at Seller's expense and invoice Buyer for the amount which Buyer would have paid for normal shipment.
Appears in 3 contracts
Samples: Impco and Gm Teaming Agreement (Impco Technologies Inc), Component Supply Agreement (Delphi Automotive Systems Corp), Component Supply Agreement (American Axle & Manufacturing Holdings Inc)
PREMIUM SHIPMENTS. If Seller's acts or omissions result in Seller's failure to meet Buyer's delivery requirements and Buyer requires a more expeditious method of transportation for the goods than the transportation method originally specified by Buyer, Seller shall, at Buyer's action: option, (iI) promptly reimburse Buyer the difference in cost between the more expeditious method and the original method; , (ii) allow Buyer to reduce its payment of Seller's invoices by such difference, or (iii) ship the goods as expeditiously as possible at Seller's expense and invoice Buyer for the amount which Buyer would have paid for normal shipment.
Appears in 2 contracts
Samples: Purchase and Supply Agreement (Micropoint Inc), Purchase and Supply Agreement (Micropoint Inc)
