Qualification Audit. Prior to start of business with Xxxxx, if requested by Xxxxx, Seller shall participate in a Qualification Audit (“Audit”). The Audit shall include an on-site review of Seller's facilities by member(s) of Buyer’s organization. If there is a determination that an unsatisfactory condition exists with respect to any matter covered by the Audit, then Seller shall receive written notice of the condition and, within fourteen (14) days upon receipt of such notice, shall provide Buyer with a written corrective action plan reasonably satisfactory to Buyer. The parties agree that if Seller fails to timely provide or implement an acceptable corrective action plan to the reasonable satisfaction of Buyer, then Buyer may rescind or terminate the Agreement for cause.
Appears in 2 contracts
Samples: Terms and Conditions of Purchase, Terms and Conditions of Purchase
Qualification Audit. Prior to start of business with Xxxxx, if requested by Xxxxx, Seller shall will participate in a Qualification Audit (“Audit”). The Audit shall will include an on-site review of Seller's facilities by member(s) of BuyerXxxxx’s organizationand Xxxxx’s customer’s organizations. If there is a determination that an unsatisfactory condition exists with respect to any matter covered by the Audit, then Seller shall will receive written notice of the condition and, within fourteen (14) days upon receipt of such notice, shall will provide Buyer with a written corrective action plan reasonably satisfactory to Buyer. The parties agree that if Seller fails to timely provide or implement an acceptable corrective action plan to the reasonable satisfaction of Buyer, then Buyer may rescind or terminate the Agreement for causecause pursuant to Section 13.2.2.
Appears in 1 contract
Samples: Purchase Agreement
Qualification Audit. Prior to start of business with Xxxxx, if requested by Xxxxx, Seller shall will participate in a Qualification Audit (“Audit”). The Audit shall will include an on-site review of Seller's facilities by member(s) of Buyer’s organization. If there is a determination that an unsatisfactory condition exists with respect to any matter covered by the Audit, then Seller shall will receive written notice of the condition and, within fourteen (14) days upon receipt of such notice, shall will provide Buyer with a written corrective action plan reasonably satisfactory to Buyer. The parties agree that if Seller fails to timely provide or implement an acceptable corrective action plan to the reasonable satisfaction of Buyer, then Buyer may rescind or terminate the Agreement for causecause pursuant to Section 13.2.2.
Appears in 1 contract
Samples: Terms and Conditions of Purchase
Qualification Audit. Prior to start of business with Xxxxx, if requested by Xxxxx, Seller shall will participate in a Qualification Audit (“Audit”). The Audit shall will include an on-site review of Seller's ’s facilities by member(s) of Buyer’s organization. If there is a determination that an unsatisfactory condition exists with respect to any matter covered by the Audit, then Seller shall will receive written notice of the condition and, within fourteen (14) 14 days upon receipt of such notice, shall will provide Buyer with a written corrective action plan reasonably satisfactory to Buyer. The parties agree that if Seller fails to timely provide or implement an acceptable corrective action plan to the reasonable satisfaction of Buyer, then Buyer may rescind or terminate the Agreement for causecause pursuant to Section 13.2.2.
Appears in 1 contract
Samples: Terms and Conditions of Purchase
Qualification Audit. Prior to start of business with XxxxxBuyer, if requested by XxxxxBuyer, Seller shall participate in a Qualification Audit (“Audit”). The Audit shall include an on-site review of Seller's facilities by member(s) of Buyer’s organization. If there is a determination that an unsatisfactory condition exists with respect to any matter covered by the Audit, then Seller shall receive written notice of the condition and, within fourteen (14) days upon receipt of such notice, shall provide Buyer with a written corrective action plan reasonably satisfactory to Buyer. The parties agree that if Seller fails to timely provide or implement an acceptable corrective action plan to the reasonable satisfaction of Buyer, then Buyer may rescind or terminate the Agreement for cause.
Appears in 1 contract
Samples: Terms and Conditions of Purchase
Qualification Audit. Prior to start of business with Xxxxx, if requested by XxxxxBuyer, Seller shall will participate in a Qualification Audit (“Audit”). The Audit shall will include an on-site review of Seller's facilities by member(s) of BuyerXxxxx’s organizationand Xxxxx’s customer’s organizations. If there is a determination that an unsatisfactory condition exists with respect to any matter covered by the Audit, then Seller shall will receive written notice of the condition and, within fourteen (14) days upon receipt of such notice, shall will provide Buyer with a written corrective action plan reasonably satisfactory to Buyer. The parties agree that if Seller fails to timely provide or implement an acceptable corrective action plan to the reasonable satisfaction of Buyer, then Buyer may rescind or terminate the Agreement for causecause pursuant to Section 13.2.2.
Appears in 1 contract
Samples: Purchase Agreement
Qualification Audit. Prior to start of business with Xxxxx, if requested by Xxxxx, Seller shall participate in a Qualification Audit (“Audit”). The Audit shall include an on-site review of Seller's facilities by member(s) of Buyer’s organization. If there is a determination that an unsatisfactory condition exists with respect to any matter covered by the Audit, then Seller shall receive written notice of the condition and, within fourteen (14) days upon receipt of such notice, shall provide Buyer with a written corrective action plan reasonably satisfactory to Buyer. The parties agree that if Seller fails to timely provide or implement an acceptable corrective action plan to the reasonable satisfaction of Buyer, then Buyer may rescind or terminate the Agreement for causecause pursuant to Section 13.2.2.
Appears in 1 contract
Samples: Terms and Conditions of Purchase