Primary Suppliers definition
Examples of Primary Suppliers in a sentence
Prior to the PPA Amendment Effective Date, Seller intends to enter into a Primary Supply Contract with Adaro (Supplier 1) and other potential Primary Supplier(s) as required, and at any time, Seller may also enter into additional Primary Supply Contract(s) and Secondary Supply Contracts with one or more other coal suppliers (Suppliers 2 through "i', where "i' is the total number of Suppliers).
Primary Supplier(s) will be allowed thirty (30) days from the date of such bid solicitation in which to submit bids; thereafter Seller will prepare and complete an evaluation of conforming bids received, together with recommendations, within twenty (20) days of such receipt and will submit same to PLN.
If PLN, Seller and potential Supplier(s) fail to reach agreement on P for any proposed Primary Supply Contract within thirty (30) days the date specified for commencement of such good faith negotiations, Seller will solicit bids on an open tender basis, from Primary Suppliers included in the Approved Coal Supplier Schedule, specifying the date that Seller desires coal supply to commence and the lot quantity and total number of lots to be bid under such Primary Supply Contracts.
Such schedule shall identify, separately, Primary Suppliers, Secondary Suppliers and Qualifying Alternate Coal Suppliers, and shall be updated or confirmed semi-annually, or more frequently as may reasonably be requested by either Party.
In the event that the Primary Suppliers MWDVBE Commitments hereunder are not achieved and the Primary Supplier can not demonstrate to the reasonable satisfaction of Verizon that commercially reasonable efforts were made to accomplish such MWDVBE Commitments, such failure shall constitute an occasion of default and Verizon reserves the right and shall have the option to invoke the default and termination provisions of this Agreement.
Once the Project advances the provisions of the LMP covering management of labor and working condition risk of Primary Suppliers shall be expanded and updated and based on the findings of the assessment detailed procedures established and included in the revised document.
An annual update of the Primary Supplier's Supplier Diversity Utilization Plan will be required to ensure compliance with this Agreement's provision for continuous year over year improvement.
Verizon may also require that the Primary Supplier, upon request, submit additional documentation and information concerning the Primary Supplier's performance in achieving its MWDVBE Commitments and compliance with its Supplier Diversity Utilization Plan.
This document is intended to provide a reporting mechanism to monitor the Primary Supplier's progress in achieving its MWDVBE Commitments as set forth in this Section.
The cost of services provided by the Executor for each individual Customer’s request shall be agreed by the Parties with regard to the existing tariffs of the direct Primary Suppliers of Services and commission charges of the Executor.