Open Purchase Orders definition

Open Purchase Orders means all purchase orders or other commitments issued by Seller or any of the other Designated Sellers before the Closing Date for the supply of tangible assets (including inventory) and services for use in the Business.
View Source
Open Purchase Orders means, with respect to any Closing, all purchase orders or other commitments issued by Seller or any of its Affiliates before such Closing Date for the supply of tangible assets (including inventory) and services (including maintenance and other incidental services but excluding design services) to or for use in the part of the Operations that is then being transferred and assigned by the Seller or the Designated Seller and assumed by the Purchaser or the relevant Designated Purchaser to the extent that such tangible assets have not already been supplied and accepted or services performed, respectively, to such part of the Operations on or prior to the Effective Time for such Closing.
View Source
Open Purchase Orders shall have the meaning ascribed thereto in Item 14 of Section 2.1(a)(iii) of the Seller Disclosure Letter.
View Source

Examples of Open Purchase Orders in a sentence

  • Notwithstanding the foregoing, the Seller shall be entitled to terminate any Open Purchase Orders and the purchase orders relating to contract workers, with notice to the Purchaser.

  • Buyer shall be liable only for contracts expressly assumed by Buyer pursuant to the Assignment attached hereto as Exhibit D, and only those current payables existing at the Close of Escrow, including the Open Purchase Orders which are listed on Exhibit G hereto, and shall be responsible for the payment thereof following the Closing.

  • In the event of a loss to the Merchandise or Inventory under Open Purchase Orders on or after the date of this Agreement, the proceeds of such insurance attributable to the Merchandise shall constitute Proceeds hereunder, and the proceeds of such insurance attributable to the Inventory under Open Purchase Orders shall constitute Other Proceeds.

  • Section 3.8(e) of the Seller Disclosure Letter sets forth a description (including the amounts) of all prepaid items under the Assumed Contracts (other than the Open Purchase Orders).

  • During the Sale Term, and thereafter until all of Merchant’s, Buyer’s and Agent’s obligations under this Agreement have been satisfied, Merchant, Buyer, and Agent shall have reasonable access to Merchant’s, Buyer’s and Agent’s records with respect to the Sale (including, but not limited to, Merchandise, Inventory under Open Purchase Orders, Expenses, and Proceeds and Other Proceeds) to review and audit such records.

  • Section 3.8(d) of the Seller Disclosure Letter sets forth a true and complete list of all rebate, allowance, customer payment and other similar programs currently offered by Seller in respect of any Products sold under any of the Assumed Contracts (other than the Open Purchase Orders).

  • Except as set forth in Section 3.8(b) of the Seller Disclosure Letter, none of the Assumed Contracts (other than the Open Purchase Orders) is currently being renegotiated.

  • Buyer and Seller agree that the Closing Inventory Balance will include Inventory purchased by Seller pursuant to Open Purchase Orders.

  • Agent shall not warrant the Merchandise or Inventory under Open Purchase Orders in any manner, but will, to the extent legally permissible, pass on all manufacturers’ warranties to customers.

  • All Distribution Center Merchandise and certain Inventory under Open Purchase Orders (as agreed to by Agent and Buyer) shall be delivered from the Distribution Centers to the Stores in accordance with the Allocation Schedule and, solely as between Agent and Buyer, the Letter Agreement.


More Definitions of Open Purchase Orders

Open Purchase Orders means purchase orders numbers 101121, 100910, ---------------------- 101122, 300031, 101200, 101330, 101471, 101477, 101478 and 101479 placed by Synbiotics with lntervet for delivery of an aggregate of 800,000 doses of bulk FeLV Product pursuant to the Merial Europe Agreement and 4,400,000 doses of bulk FeLV Product pursuant to the Merial USA Agreement. The term "Open Purchase Orders" includes the contracts represented thereby.
View Source
Open Purchase Orders shall have the meaning specified in Section 4.13(c) of this Agreement.
View Source
Open Purchase Orders means Contracts with Business Customers or under purchase orders, offers to purchase or other purchase requests or commitments (such as RFQs) with Business Customers related exclusively to the Business and issued to Atmel Sarl for products manufactured and sold in the Business that remain unfulfilled or for which invoices have not been issued and products not yet shipped as of the Closing Date.
View Source
Open Purchase Orders has the meaning assigned in Section 7.4. -------------------- -----------
View Source
Open Purchase Orders has the meaning set forth in subparagraph (q) of the definition of Excluded Liabilities.
View Source

Related to Open Purchase Orders

  • Purchase Order(s) means official orders issued by an operating division of Transnet to the Supplier/Service Provider for the supply of Goods or Services;

  • Purchase Order means the form or format a Customer uses to make a purchase under the Contract (e.g., a formal written purchase order, electronic purchase order, procurement card, contract or other authorized means).

  • Purchase Order (PO) means a written offer made by a purchaser to a supplier formally stating the terms and conditions of a proposed transaction.

  • IITK Purchase Order means the IITK’s official Purchase Order document;

  • The Purchase Order means the order placed by the Purchaser on the Supplier signed by the Purchaser including all attachments and appendices thereto and all documents incorporated by reference therein. The purchase order shall be deemed as "Contract" appearing in the document.