Examples of Closed Order in a sentence
Acceptance of the Order shall automatically bind the Supplier to strictly comply with the delivery deadline shown either on the Closed Order or on the delivery schedule sent by EDI, WebEDI, or by fax in the event of an Open Order.
The Closed Order is placed for a limited period of time and may not be renewed.
Supplies must always be the subject of a purchase order (the "Order"), valid either for an unlimited period of time (the "Open Order") or for a limited period of time (the "Closed Order").
Closed Order Book: The Orders arranged in the Order Book are invisible for the brokers.
Alternatively, in the absence of an Order Confirmation, the Closed Order shall be binding upon the Commencement of Execution of the Supply.
A Closed Order shall be binding on the Parties when the Customer receives the Supplier’s Order Confirmation.
In addition, either Party may terminate a Closed Order immediately if the other Party is subject to an Insolvency Event (Insolvency Event means: failing to pay debts as they fall due; entering liquidation or administration or commencing negotiations with any creditors to reschedule its debts, or undergoing any analogous occurrence in any jurisdiction; or threatening to do any of these things in any jurisdiction).
Where we exercise any power to enter the premises, that entry will not give rise to any action of trespass or similar action on your part against us, or our employees, servants, or agents.
The consideration for the goods and/or the services is indicated in the Closed Order and/or Open Order, or results from calculations indicated in the same Closed Order and/or Open Order.
The Supplier shall deliver the Goods on the date specified in the Closed Order or in the Delivery Schedule ( “Delivery Date”).