Examples of Fill Rate in a sentence
Any failure by Vendor to maintain the Required Fill Rate for any Product (whether such Product is supplied directly to Purchasers or to a Distributor) that is not cured within thirty (30) days following written notice from HealthTrust shall be deemed a breach of this Agreement.
For purchases made through Distributors (if any), Vendor represents and warrants that it shall maintain sufficient inventory and transportation arrangements to allow Distributor(s) to comply with the delivery time and the Required Fill Rate stated in this Agreement.
If the Fill Rate falls below 98% for three (3) consecutive months and the Contractor fails to provide an explanation for the reduction which is satisfactory to the State, the State may cancel the Contract with a 30-day written notice to the Contractor.
In any instance where Vendor anticipates that it will not be able to comply with the delivery time and/or the Required Fill Rate for Products, or the performance time for Services, Vendor shall promptly attempt to resolve the issue to each affected Purchaser’s reasonable satisfaction, which may include Purchaser’s acceptance of alternative delivery or performance dates or, with respect to Products, the provision of an acceptable substitute from Vendor at the same or lower price as the unavailable Product.
For purchases made directly from Vendor (if any), Vendor represents and warrants that it shall maintain sufficient inventory and transportation arrangements to comply with the delivery time and the Required Fill Rate stated in this Agreement.