New Business Hold definition

New Business Hold shall be applied as set forth in GM's Quality Systems Requirements Manual, specifically GP5 (Jan. `98), and is contained as a performance step of the Level 2 Controlled Shipping Process. This procedure is common for all suppliers and a requirement included in GM's standard terms and conditions.
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Examples of New Business Hold in a sentence

  • The mechanics of Visteon's right of last refusal shall operate in accordance with Exhibit I provided, however, that any Visteon manufacturing operation that has not achieved Q1 status, or whose Q1 status has been revoked will be considered to be on New Business Hold and during such period, the right of last refusal may not be invoked for Components that would be produced at that manufacturing operation.

  • Such "Green" rating requires that GM provide Delphi with the full opportunity to quote on the applicable new business, provided that the Delphi facility producing the applicable Component Part is not placed on "New Business Hold" in accordance with GM's normal business practices utilized with other suppliers.

  • Sites Providing Product Identified in Exhibit 3.01(a) That Are on New Business Hold As of August 29, 2007.September 11, 2008.

  • In case of negative result, despite of all SQB activities, Buyer shall consider the possibility to put Seller in New Business Hold condition.

  • For purposes of this Agreement, the term "New Business Hold" shall be applied as set forth in GM's Quality Systems Requirements Manual, specifically GP5 (Jan.

  • GM agrees that as of the date of this Agreement and other than as specified on Exhibit 3.12 to this Agreement, no Delphi facilities producing the Components Parts identified in Exhibit 3.01(a) to this AgreementUAW Keep Business, the IUE-CWA Business or the Mexican Business are on "New Business Hold." GM shall consider ▇▇▇▇▇▇'s bids for such business in accordance with GM's normal business practices utilized with other suppliers.

  • All costs charged to supplier), • Level 3: New Business Hold (NBH).

  • GM agrees that as of the date of this Agreement and other than as specified on Exhibit 3.12 to this Agreement, no Delphi facilities producing the UAW Keep Business, the IUE-CWA Business or the Mexican Business are on "New Business Hold." GM shall consider Delphi's bids for such business in accordance with GM's normal business practices utilized with other suppliers.

  • For Phase II, the supplier will be placed on New Business Hold (NAFNB) and Probation (level 0).

  • When all of these activities fail to bring a clear improvement to quality, the ▇▇▇▇▇▇ purchasing department sets the SUPPLIER’s status to New Business Hold, i.e. CSL 3 bars the SUPPLIER from new projects.