Spot Purchase definition

Spot Purchase means a one-time purchase occasioned by a small requirement, an unusual circumstance, or to take advantage of a favorable market condition.
Spot Purchase means any purchase of fuel, reagent, or related transportation on behalf of Big Rivers where the terms and conditions are incorporated in the Letter Agreement, Purchase Order or Spot Contract and the term is typically of one year or less.
Spot Purchase means a purchase of Gas by UAMPS from a Participating Member for a period of less than one month.

Examples of Spot Purchase in a sentence

  • These General Terms and Conditions, the APETRA Specifications APETRA/2017/1 regarding the Framework agreement for purchase of crude oil and petroleum products and the dispositions of the specific call for tenders of which this Purchase Contract is the result are part of and applicable to every Spot Purchase Contract of mineral oils (hereinafter “Purchase Contract”) entered into by APETRA and the Seller hereinafter collectively called the Agreement.

  • The Parties each agree and undertake to the other that in connection with this Spot Purchase Contract, they will each respectively comply with all applicable laws, rules, regulations, decrees and/or official government orders relating to anti-bribery and anti-money laundering and that they shall each respectively take no action which would subject the other to fines or penalties under such laws, regulations, decrees or orders.

  • Spot Purchase Placements and those from within Hampshire Children’s Services – termination of placement will occur in response to persistent non-compliance with the contract terms.

  • The Parties each agree and undertake to the other that in connection with this Spot Purchase Contract, they will each respectively comply with all applicable laws, rules, regulations, decrees and/or official government orders relating to anti-bribery and anti- money laundering and that they shall each respectively take no action which would subject the other to fines or penalties under such laws, regulations, decrees or orders.

  • On these occasions, the Council will spot purchase care using these Domiciliary Care Spot Purchase Agreement Terms and Conditions.


More Definitions of Spot Purchase

Spot Purchase means the purchase of a defined quantity of one Product for a specified price. Specifically, a Spot Purchase shall not include: (i) a supply agreement for an indeterminate quantity of a Product; or (ii) a purchase agreement requiring the purchase of more than one Product as part of the agreement to purchase such Product; or (iii) any series of single purchases entered into for purposes of circumventing such Spot Purchase limitations.
Spot Purchase means a one­time purchase occasioned by a small requirement, an unusual circumstance, or to take advantage of a favorable market condition.
Spot Purchase means an immediate requirement for the provision of the Services Standards shall have the meaning set out in Section 6 (Standards) of the Specification Suitable Accommodation means housing accommodation located in the (or other location Supplier Staff means a person who:

Related to Spot Purchase

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.