Subsequent Purchase Order definition
Examples of Subsequent Purchase Order in a sentence
If the Seller, in writing, notifies the Buyer about and seeks the Buyer's prior consent to, a Subsequent Purchase Order which the Seller reasonably believes to be in the best interests of the Business, and the Buyer does not respond within five business days thereafter, the Buyer shall be deemed to have consented to that Subsequent Purchase Order.
Supplier will immediately provide GM written notice if Supplier’s performance under this Agreement, the Purchase Orders, or any Subsequent Purchase Order is delayed or is likely to be delayed, as the case may be, and GM’s acceptance of Supplier’s notice will not constitute a waiver of any of Supplier’s obligations or any of GM’s rights and remedies relating thereto.
Any terms set forth in this Agreement that apply to the Purchase Orders, any Subsequent Purchase Order, if any, or the Component Parts or that otherwise by their context are intended to continue in effect after expiration or termination of the Term will continue in effect after expiration or termination of the Term.
Should GM issue to Supplier a Subsequent Purchase Order, at GM’s request, and subject to Supplier’s reasonable internal capacity limitations, Supplier will build an inventory bank of Component Parts (the “Inventory Bank Parts”) for GM or GM’s designee.