Product Procurement Clause Samples
Product Procurement. JSG shall ensure (except as otherwise mutually and reasonably agreed between the Parties with respect to any particular Approved OEM) that each written agreement with an Approved OEM that is negotiated by JSG or its Affiliates after the Effective Date (including, for clarity, amendments and renewals negotiated after the Effective Date to agreements that exist as of the Effective Date) (i) designates SharkNinja (or its designated Affiliate) as an intended third-party beneficiary of such agreement with respect to the Products (except if SharkNinja or any of its Affiliates is a party to such agreement), and (ii) provides for SharkNinja the rights to (A) submit work orders, purchase orders and other such orders for the Products directly to each Approved OEM under such agreement, (B) coordinate directly with each such Approved OEM with respect to the fulfillment of such orders, and (C) perform quality inspections of each Approved OEM’s facilities under such agreement. The Parties acknowledge and agree that SharkNinja may, but is not obligated to, procure the Products from the Approved OEMs managed by JSG during the Term (and, for clarity, nothing herein shall restrict SharkNinja from procuring the Products from Third Parties that are not Approved OEMs or under agreements or relationships not negotiated or managed by JSG or its Affiliates, which products for clarity shall not be subject to this Agreement).
Product Procurement. The Agency agrees that it will obtain products from Central Illinois Foodbank at least quarterly to be deemed an Active Agency. Central Illinois Foodbank reserves the right to alter Agency status (Section 15) if product is not obtained as defined.
Product Procurement. 1. Party B issues product orders to Party A based on market demand. During the Contract Term, Party B shall, based on market demand, regularly place orders with Party A to purchase Products and specify the name, model, quantity in the order. Upon receipt of the order from Party B, if the order can be accepted, Party A shall issue a product release order ("Release Order"). Only when Party A issues the corresponding Release Order, shall the order be deemed accepted by Party A. Party A is only obligated to deliver the goods as per the order after Party B's order is confirmed and accepted by Party A. If Party B fails to pay the full amount of the purchase price for the products ordered or has other violations of this contract, Party A has the right to refuse to accept Party B's order. If a Release Order has been issued, Party A has the right to refuse to deliver the goods or refuse Party B's pick-up.
2. To fully protect the interests of consumers and ensure that the Products purchased by consumers are genuine products of Party A, Party B agrees to conduct barcode-based inventory management for goods as required by Party A for traceability purposes.
Product Procurement. ParentCo Group and the SpinCo Group agree to enter into a product procurement framework agreement (a form of which is attached hereto as Exhibit C) after the completion of the Separation and Distribution, pursuant to which ParentCo Group would manufacture and provide finished battery products to the SpinCo Group for its further sales in the Global Markets, and charge the purchase amount plus a mark-up rate.
Product Procurement. During the Term, WGT will deliver to MSS Provider, and MSS Provider will pay for, all Products ordered by MSS Provider in accordance with the terms and conditions of this Agreement.
Product Procurement. The goal of this task is to acquire all necessary components through suppliers and in-house manufacturing within geometric, mechanical, and electrical specifications.
Product Procurement. Subject to SportsLine's existing contractual obligations to third parties of which MVP has received notice from SportsLine, MVP will make available through the SportsLine Stores (i) the complete product lines of Sports Merchandise it carries on the MVP Web Sites subject to (x) any approvals of Manufacturers or other third parties required to sell certain Sports Merchandise on the SportsLine Stores (which approvals MVP will use commercially reasonable efforts to obtain, it being understood that the approval of any third party may be withheld by the applicable third party) and (y) any third party agreements applicable to MVP Web Sites other than the MVP Proprietary Web Sites, which restrict the distribution of specific items of Sports Merchandise outside of the specific MVP Web Site for which it was sourced (e.g., *** logoed merchandise on a *** co-branded MVP Web Site), and (ii) any *** SportsLine may request from time to time, subject to this Section 3.1(c) and Section 6.2. Product lines to be carried on Third Party Stores shall be subject to the terms and conditions of the agreement governing the applicable Third Party Store. MVP and SportsLine will consult with each other to determine demand forecasts for the SportsLine Stores and Third Party Stores prior to key buying periods to assist MVP to purchase or make other arrangements to CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. ASTERISKS DENOTE SUCH OMISSION. obtain inventory to meet such demand forecasts, and MVP will use commercially reasonable efforts to purchase additional products to meet actual demand in excess of such projections.