Common use of Purchasing Commitment Clause in Contracts

Purchasing Commitment. (a) During the Term, Buyer or any of its Affiliates acting on its behalf may purchase from Seller any or all of the Seller Goods. (b) The Parties hereby acknowledge that the quantities of Seller Goods (i) are subject to adjustment at the discretion of Buyer based on its actual volume, customer and business requirements and (ii) shall not, other than with respect to accepted POs, constitute a commitment or obligation by Buyer or any Affiliate to purchase any minimum percentage or volume of Seller Goods from Seller or any other entity.

Appears in 8 contracts

Samples: Supply Agreement, Supply Agreement (BAKER HUGHES a GE Co LLC), Supply Agreement (BAKER HUGHES a GE Co LLC)

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