Supplier Agreements Clause Samples
A Supplier Agreements clause defines the terms and conditions under which a company engages third-party vendors to provide goods or services. This clause typically outlines the scope of supply, quality standards, delivery timelines, payment terms, and responsibilities of both parties. For example, it may specify how orders are placed, how disputes are resolved, and what happens in the event of delays or defects. Its core practical function is to establish clear expectations and obligations, thereby reducing the risk of misunderstandings and ensuring smooth business operations between the company and its suppliers.
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Supplier Agreements. Nothing in this Agreement or in any Supplier Agreement shall in any way obligate Member to purchase Covered Items from a Supplier. Upon execution of this Agreement by the parties, CNHN will make available to Member the terms and conditions of each current Supplier Agreement to the extent such Supplier Agreement allows and shall provide Member a Confidential Addendum to this Agreement (the “Confidential Addendum”). The Confidential Addendum contains an outline summary of some but not all of the terms and conditions of the current Supplier Agreements and will be updated from time to time. Member acknowledges and agrees that it comprehends and can abide by the terms and conditions of each Supplier Agreement, and that in accordance with Section 7 it will treat as Confidential Information any Supplier Agreement it obtains, the contents of any Supplier Agreement, and the Confidential Addendum. Where Member chooses to purchase Covered Items from a Supplier under a Supplier Agreement, Member shall comply with the terms and conditions of the Supplier Agreement. Member acknowledges and agrees that the availability of any discounts or pricing under a Supplier Agreement is subject to the specific terms and conditions of that Supplier Agreement, and that such terms and conditions may and do vary. Such terms and conditions may include, but are not limited to, approval by Supplier of Member’s participation in the Supplier Agreement and the achievement of certain metrics regarding the level of purchases by all Members electing to participate in CNHN’s efforts as a purchasing agent.
Supplier Agreements. For those supplier agreements of the Asset Sellers specifically identified as not being transferred to the Buyer, as listed on Schedule 7.3, and, to the extent the suppliers are required to support the Assumed Contracts, as listed on Schedule 1.1(a) hereto, the Sellers agree to act as subcontractor to the Buyer at actual costs paid to such supplier for a maximum period of one hundred twenty (120) days from Closing. The Buyer will enter into new contracts with these suppliers as soon as reasonably possible at which point the Sellers' obligations will cease. Until securing consent to the assignment of the supplier agreements that are Assumed Contracts, the Sellers will act as a subcontractor to the Buyer. The Sellers will ▇▇▇▇ the Buyer for the actual costs paid to supplier incurred by the Sellers for this service.
Supplier Agreements. Client agrees to sign and deliver any agreements required by a third party supplier with regard to Client’s access to or use of the Services (each a “Supplier Agreement”). If Client fails to sign and deliver a Supplier Agreement, or if a Supplier Agreement expires or terminates for any reason, then Client’s right to use the relevant materials and Track’s obligation to provide any related Services shall terminate upon written notice from Track to Client. Client represents and warrants that Client will comply with all of the Third Party Licenses and Supplier Agreements.
Supplier Agreements. Customer will enter into initial agreements with the selected suppliers within *** after the selection date(s) for the supplier to actively participate with Customer and Boeing in coordination actions including the Initial Technical Coordination Meeting (ITCM). Customer will enter into final agreements with selected suppliers for the following additional provisions in accordance with the supplier agreement date(s) within *** of the ITCM or as otherwise identified by Boeing: *** UCH-PA-03776-LA-1207647
Supplier Agreements. With regard to paragraphs 9.1 and 9.2 above, Supplier will apply best efforts to include substantially similar indemnification terms in its contracts with its vendors of the items which are included with or make up the Products. Supplier agrees to enforce such terms on its behalf of and for the benefit of NCR, and if Supplier fails to enforce such terms, NCR will be deemed a third-party beneficiary of the contract and is hereby assigned rights to enforce such terms in place of Supplier.
Supplier Agreements. Section 3.8(l) of the Company Disclosure Letter lists all written Contracts that are material to the Company to which the Company or any of its Subsidiaries is a party and pursuant to which Company or is Subsidiaries licenses, purchases or acquires any Intellectual Property (including any parts, supplies and components) that is material to the design, manufacture or support of the Company Products.
Supplier Agreements. Bank shall have received the Supplier Agreements, duly executed by Borrower and SunTrust;
Supplier Agreements. In order for the Contracted Cost to be binding upon it in determining the Sell Price of a Product, SSA must receive satisfactory evidence of the existence of a supplier agreement between Primary Customer and the supplier of the Product and all applicable pricing terms offered by the supplier. Primary Customer will communicate all such supplier agreements via a (“New Product Worksheet”) as per the Directed Pricing Process outlined in Schedule 6. The contracted cost and or allowance offered by the supplier is premised upon specified payment or credit terms stated in the New Product Worksheet. In the event any supplier invoices are disputed by SSA, Primary Customer shall have the right to request, and SSA shall have the obligation to deliver to Primary Customer, the backup information from the supplier and SSA. In addition, in the event of non-payment by SSA to the supplier, SSA acknowledges that the supplier for Contracted Products will be entitled to immediately, upon notice to SSA, impose more stringent, commercially reasonable, payment and/or credit terms as a condition to any future deliveries to SSA, including, without limitation, cash in advance, receipt of acceptable letters of credit and/or third party guarantees, and/or the pledge of additional collateral. SSA further acknowledges that if it fails to comply with such additional terms, and the supplier withholds delivery of the Contracted Products as a result, the non-delivery will be included in, and will negatively impact, the Perfect Invoice Performance Level requirements set out in Section 5.11.2.
Supplier Agreements. The Administrative Agent shall have received from the Borrower a certificate signed by an authorized officer of the Borrower certifying that attached thereto are (i) a list of all Material Inventory Suppliers and (ii) true and correct copies of all agreements in effect as of such date between the Borrower and each Material Inventory Supplier.
Supplier Agreements. Customer will enter into initial agreements with the selected suppliers within ten (10) days of the selection date(s) for the supplier to actively participate with Customer and Boeing in coordination actions including the Initial Technical Coordination Meeting (ITCM). Customer will enter into final agreements with selected suppliers for the following additional provisions in accordance with the supplier agreement date(s) within thirty (30) days of the ITCM or as otherwise identified by Boeing:
(i) for emergency/miscellaneous equipment, providing standard supplier pricing, product support, warranty, spares, training and any additional support defined by Customer will be a direct pass through to Customer at time of Aircraft delivery;
(ii) for seats, galleys, galley inserts, and in-flight entertainment and cabin communications systems (IFE/CCS), negotiating price directly with the suppliers, product support including spares support, warranty, training and any additional support defined by the Customer. Customer shall provide suppliers’ pricing to Boeing and shall obtain suppliers’ agreement to accept Boeing’s purchase orders reflecting the Customer negotiated pricing.