Principal Supplier definition

Principal Supplier has the meaning set forth in Section 3.24.
Principal Supplier means the ten (10) largest suppliers of the Company and the Company Subsidiaries based on the consolidated cost of goods and services paid to such persons by the Company and the Company Subsidiaries for the fiscal year ended January 31, 2017. For the avoidance of doubt, when determining the consolidated cost of goods and services paid to each supplier, such amount will be based on the consolidated cost of goods and services paid to such supplier and all of its Affiliates.
Principal Supplier means the right to manufacture and supply commercial Product in the amount per annum of at least […***…] of the worldwide annual demand of commercial Product calculated based on XENCOR’s reasonably forecasted request for commercial Product for the respective calendar year.

Examples of Principal Supplier in a sentence

  • Principal/ Supplier may be allowed to draw 80% payment through Letter of Credit on dispatch of stores and 20% on issuance of Certificate Receipt Voucher (CRV) by consignee.

  • A condition to this effect will be incorporated in the Letter of Credit.3 (d) In respect of Equipment Import, 90% of the PO Value will be paid in advance against equivalent Bank Guarantee from a nationalized bank or schedule commercial bank operating in India furnished by the Foreign Principal Supplier or his Indian Agent.

  • The payment will be made by irrevocable Letter of Credit (LC) (OR) Currency wire transfer in favor of the Principal Supplier (only after supply ) Advance Currency Wire transfer is not applicable If the quoted price in INR, the payment will be made after supply and installation.

  • Necessary documents will be provided after receipt of original invoice/Cargo Arrival/Shipment notice from the Principal Supplier PAYMENT :If the quoted price in currency .

  • The Principal Supplier is to certify with the offer that, the supplied items will be provided from the original manufacturer which must be brand new and genuine.


More Definitions of Principal Supplier

Principal Supplier means a supplier which refines gasoline in or imports gasoline into the United States.
Principal Supplier has the meaning provided in Section 4.16(a).
Principal Supplier means a supplier indicated in a completed Order Form as a Principal Supplier who shall be first recourse for the Authority for the enforcement of liabilities owed to the Authority arising under or in connection with this DPS Framework Agreement as described in Clause 4 of Schedule 5 of this DPS Framework Agreement;
Principal Supplier means the manufacturer of the goods. “RFQ”shall mean a written Request for Quotation.
Principal Supplier has the meaning set forth in Section 3.18(a)(vii) of this Agreement.
Principal Supplier means a Supplier indicated in the Order Form as a Principal Supplier who shall be first recourse for the Authority and/or DHSC (as applicable) for the enforcement of liabilities owed to the Authority and/or DHSC (as applicable) arising under or in connection with this Contract as described in Clause 9 of Schedule 1 of these Call-Off Terms and Conditions;
Principal Supplier has the meaning set forth in Section 2.21(a).