Term Agreement definition
Examples of Term Agreement in a sentence
The payment or deduction of such liquidated damages shall not relieve the Vendor from any of its other obligations or liabilities pursuant to any current Long Term Agreement or Purchase Order.
If the delay lasts more than thirty (30) days or Seller does not provide adequate assurance that the delay will cease within thirty (30) days, the Purchaser shall have option to terminate any Long Term Agreement / Purchase Order / Release issued by Buyer without compensation to Seller.
The same applies if you have a Fixed Term Agreement and the Direct Debit Payment Period ends after the last day of the Agreement.
Requests for different goods and services shall come either through another Long Term Agreement or through formal methods of solicitation.
The remaining provisions of these terms and conditions, or any associated Long Term Agreement / Purchase Order / Release, shall remain in full force.