Spot Buy definition

Spot Buy refers to Supplier's method, arrangement or agreement for the purchase of Piece Parts under a Purchase Order method.
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Spot Buy. NonConsumable Materials" are those * Piece Parts for an Item that * on a Spot Buy basis and have been used in, or delivered to Supplier for (or for which Supplier has issued its non-cancelable purchase order), the manufacture of the Item at the Relevant Date, that are * (x) Supplier's * for such Piece Parts over the * following the Relevant Date, *.
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Spot Buy or “Hot Buy” of Long Lead Time components. CUSTOMER shall make best efforts to supply forecast, material authorizations and deposits to Ryder to ensure on time readiness of long lead time components purchased on futures contracts to support CUSTOMER’s target EXF shipments. Ryder and Keen Home shall mutually exhaust all efforts to obtain an expedited delivery on material at risk of supporting the production schedule required to satisfy CUSTOMER’s target EXF shipment dates. If a request has been made with both the distributor and the manufacturer without a successful expedite, CUSTOMER at its discretion, may authorize Ryder to place a “Spot Buy” or “Hot Buy” for material from a stocking distributor. CUSTOMER shall be responsible for payment for 100% of the spot buy purchase upon Ryder placing the spot buy order. Components with a standard lead-time exceeding ninety (90) days may require a spot buy on a regular basis or otherwise be designed out for future production by means of an engineering change notice (ECN). Ryder shall omit the cost of any components purchased by “Spot Buy” or “Hot Buy” from the FOB price as payment for said components will be satisfied by payment upon the “Spot Buy” or “Hot Buy” purchase.
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Examples of Spot Buy in a sentence

  • In utilizing the SAP Ariba Spot Buy Catalog Cloud Service or using the SAP Ariba Spot Buy feature, Customer agrees to participate in the SAP Ariba Spot Buy Program in accordance with the terms for buyers found on the SAP Ariba Spot Buy program Site, as updated from time to time, (currently at ▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇▇▇.▇▇▇/AribaSpotBuy).

  • In utilizing the SAP Ariba Spot Buy Catalog Cloud Service or using the SAP Ariba Spot Buy feature, Customer agrees to participate in the SAP Ariba Spot Buy Program in accordance with the terms for buyers found on the SAP Ariba Spot Buy program Site, as updated from time to time, (currently at ▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇▇▇.▇▇▇/AribaSpotBuy)./ Fitur ▇▇▇ Layanan Cloud Katalog SAP Ariba Spot Buy.

  • If Customer elects to utilize the Spot Buy Feature, Customer agrees to participate in the Ariba Spot Buy Program in accordance with the terms of the Program Site.

  • Dalam memanfaatkan Layanan Cloud Katalog SAP Ariba Spot Buy atau menggunakan fitur SAP Ariba Spot Buy, Pelanggan setuju untuk berpartisipasi dalam Program SAP Ariba Spot Buy sesuai dengan syarat-syarat untuk pembeli yang ditemukan pada Situs program SAP Ariba Spot Buy, sebagaimana yang diperbarui sesekali, (saat ini terdapat di ▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇▇▇.▇▇▇/AribaSpotBuy).

  • SAP Ariba Spot Buy Catalog 클라우드 서비스를 이용하거나 SAP Ariba Spot Buy 기능을 사용할 경우, 고객은 수시로 업데이트되는 SAP Ariba Spot Buy 프로그램 사이트(현재 ▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇▇▇.▇▇▇/AribaSpotBuy)에서 확인 가능한 구매자용 조건에 따라 SAP Ariba Spot Buy 프로그램에 참여하는 것에 동의하게 됩니다.

  • Customer may use the Spot Buy Feature to transact with various suppliers in the Ariba Spot Buy Program, provided by SAP at no additional charge, as further described in the program materials made available at ▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇▇▇.▇▇▇/AribaSpotBuy (the “Program Site”).

  • Ariba Spot Buy is an optional feature available to Customer within certain Procurement Packages for use by Customer in conjunction with Customer’s subscription to such Procurement Package(s), at no additional fee (the “Spot Buy Feature”).

  • При использовании облачной услуги SAP Ariba Spot Buy Catalog или функции SAP Ariba Spot Buy Feature Заказчик соглашается на участие в программе SAP Ariba Spot Buy Program по условиям для покупателей, приведенным на периодически обновляемом Сайте программы SAP Ariba Spot Buy Program (в настоящее время расположенном по адресу ▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇▇▇.▇▇▇/AribaSpotBuy).

  • For Spot Buy purchases for spares, deliveries will be accepted on the requested date or up to two days before the requested date.

  • For part orders issued via a separate purchase order form ("Spot Buy"), deliveries will be accepted on the requested date or up to 2 days before the requested date.