Common use of QUANTITIES TO BE PURCHASED Clause in Contracts

QUANTITIES TO BE PURCHASED. Subject to the Purchaser’s obligation to purchase Goods and/or Services in the quantities specified in paragraph 2.1, above: 4.1. In the event that the Goods and/or Services consist of various, non-identical items, the Purchaser shall have a right to purchase some of the items and not the others. 4.2. In the event the Purchaser purchases any specific items under the Frame Contract, the Purchaser shall be obliged to purchase at least % of the quantity of the specific item of Goods and/or Services specified in the Order/Contract. 4.3. IEC reserves the right, prior to proceeding to the second (pricing) stage of the abovementioned tender, to modify or update the quantities.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

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QUANTITIES TO BE PURCHASED. Subject to the Purchaser’s obligation to purchase Goods and/or Services in the quantities specified in paragraph 2.1, above: 4.1. In the event that the Goods and/or Services consist of various, non-identical items, the Purchaser shall have a right to purchase some of the items and not the others. 4.2. In the event the Purchaser purchases any specific items under the Frame Contract, the Purchaser shall be obliged to purchase at least % of the quantity of the specific item of Goods and/or Services specified in the Order/Contract. 4.3. IEC reserves the right, prior to proceeding to the second (pricing) stage of the abovementioned tender, to modify or update the quantities. 4.4. The maximum quantity for each draw order shall not exceed [ ] month or [ ] units.

Appears in 1 contract

Samples: Framework Agreement

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QUANTITIES TO BE PURCHASED. Subject to the Purchaser’s obligation to purchase Goods and/or Services in the quantities specified in paragraph 2.1, above: 4.1. In the event that the Goods and/or Services consist of various, non-identical items, the Purchaser shall have a right to purchase some of the items and not the others. 4.2. In the event the Purchaser purchases any specific items under the Frame Contract, the Purchaser shall be obliged to purchase at least 60 % of the quantity of the specific item of Goods and/or Services specified in the Order/Contract. 4.3. IEC reserves the right, prior to proceeding to the second (pricing) stage of the abovementioned tender, to modify or update the quantities.

Appears in 1 contract

Samples: Framework Agreement

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