Purchase Order Amount definition

Purchase Order Amount or “Purchase Order Value” (POA or POV) means the Contract Price in the case of a fixed price, lump sum Purchase Order, or a mutually agreed estimate of the total amount to be invoiced under a Purchase Order that includes, in whole or part, time-and-material or other variable pricing. The POA or POV is for finance and accounting control purposes and is not a cap on the final Contract Price for the Work.
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Purchase Order Amount or “Purchase Order Value” (“POA” or “POV”) means the Contract Price in the case of a fixed price, lump sum Purchase Order; or a mutually agreed estimate of the total amount to be invoiced under a Purchase Order that includes, in whole or part, time-and-material or other variable pricing. The POA or POV is for finance and accounting control purposes and is not a cap on the final Contract Price for the Work. “Purchase Order Release” or “Release” means a Purchase Order issued against a Blanket Purchase Order and incorporating the provisions of the Blanket Purchase Order. “Real Time Industrial Control Systems Information” is a category of Restricted Confidential Information and means information regarding the configuration or protection of real-time industrial control systems. Docusign Envelope ID: 7B355589-6B7E-4A6B-8E51-237BCFE8E537
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Purchase Order Amount means the aggregate purchase price payable for all products covered by the Purchase Orders, as set forth on Schedule 1.29, which amount equals or exceeds US$190,000.
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Examples of Purchase Order Amount in a sentence

  • Purchaser agrees that, except to the extent of the unpaid Balance, if any, Parent and Sub shall be deemed to have paid and discharged the Purchase Order Amount in full on the Closing Date.

  • If, after the Closing Date, any Balance remains unpaid, Parent and Sub shall be deemed to have paid and discharged the Purchase Order Amount in full on payment of the final installment of the Balance.

  • If any such product shipped to Sub is defective, Sub and Parent shall have the right to return such product to and request delivery of substitute product from Purchaser and if such substitute product is not delivered, the Purchase Order Amount, to the extent not then paid or discharged hereunder or otherwise, shall be reduced accordingly, or if the Purchase Order Amount shall then have been paid or otherwise discharged in full, the cost thereof shall forthwith be refunded by Purchaser to Sub in cash.

  • Within ten (10) days of the Closing Date, Parent shall deliver to Purchaser a certificate representing the Shares and a check for all or part of the Balance, if any, to be paid on the Closing Date pursuant to section 2(b) above, in payment, discharge and cancellation of indebtedness equal to part or all of the Purchase Order Amount as provided in section 2(c).

  • On the Closing Date, Parent and ------------------------------ Sub shall be deemed to have paid and discharged all or a portion of the Purchase Order Amount equal to the product of the number of Shares multiplied by the Closing Price.

  • Sub acknowledges that Sub owes Purchaser the --------------------- Purchase Order Amount shown on Schedule A attached hereto and incorporated herein by reference, for products manufactured and delivered by Purchaser to Sub in response to the Purchase Orders issued by Sub to Purchaser, and that notwithstanding any payment or credit term contained in the Purchase Orders, the Purchase Order Amount is currently due and payable in full.

  • For each Project, it is the responsibility of Engineer not to provide services or submit requests for payment that exceed Owner’s Purchase Order Amount.

  • On the Closing Date, Parent shall deliver to Purchaser a certificate representing the Shares and a check for all or part of the Balance, if any, to be paid on the Closing Date pursuant to section 2(b) above, in payment, discharge and cancellation of indebtedness equal to part or all of the Purchase Order Amount as provided in section 2(c).

  • All changes requested by Supplier to the Purchase Order Amount, or the Delivery Date, or Location must be immediately conveyed in writing to CGS for consideration.

  • On the Closing Date, ------------------------------ Parent and Sub shall be deemed to have paid and discharged all or a portion of the Purchase Order Amount equal to the product of the number of Shares multiplied by the Closing Price.


More Definitions of Purchase Order Amount

Purchase Order Amount has the meaning set forth in Section 11.1(k).
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Related to Purchase Order Amount

  • 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;

  • 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 Number means the Customer’s unique number relating to the supply of the Services;