Open Purchase Order definition
Examples of Open Purchase Order in a sentence
In the event that [***] (or its affiliate, as applicable) [***] has not supplied AZASITE (meeting applicable product specifications) under the Open Purchase Order by [***], 2014 (the “Anticipated Delivery Date”), then Merck shall make a payment to Buyer in the amount of [***] within sixty (60) days after such Anticipated Delivery Date.
For clarity, this provision shall be terminated and of no further force and effect from and after the time that [***] supplies AZASITE under the Open Purchase Order.
The Company and/or its Subsidiary is not and, to the Company’s Knowledge, no other party to any Open Purchase Order is in default thereunder, nor, to the Company’s Knowledge, is there any fact or circumstance with respect to any Open Purchase Order which upon notice or lapse of time could give rise to a default thereunder.
Select Open Purchase Order Allows cashier to select from a list of available open purchase orders.
If the Company receives a cancellation of an Open Purchase Order subsequent to Closing, the Company shall promptly deliver the Products subject to such Open Purchase Orders to the Buyer F.O.B. Buyer’s facility in Raytown, Missouri.
The Seller will comply with all laws and regulations applicable to it or to the conduct of the Seller's Business and will perform and comply with all contracts, commitments and obligations by which it is bound other than those set forth in any Open Purchase Order (defined below) of the Seller.
Seller has prepared and attached hereto the Open Purchase Order Schedule, which is Schedule III, including, for each purchase order, any purchase order number, name of customer and contract price.
An Open Purchase Order will be issued at the beginning of each fiscal year.
Adept will issue an Order Release Schedule against the Open Purchase Order (hereafter known as Ship Schedule) via facsimile commencing the 10th of each month that will specify monthly Production Shipment delivery quantities for the next six (6) months of which the first thirty (30) days are firm.
The license of the Licensed IP by Buyer to Seller shall include the grant to Seller of the right to use and disclose the Licensed IP to solicit other bids to fill the applicable Open Purchase Order and the right to sublicense the use of the Licensed IP to a third party subcontractor in order to allow such subcontractor to produce and deliver the applicable products or perform the applicable services thereunder.