Common use of Binding Commitments Clause in Contracts

Binding Commitments. Each PO shall represent a binding commitment by BHGE to purchase and, upon acceptance, a binding commitment by GE Aviation to supply, such LM Products, Spare Parts and Services in accordance with the terms of this Agreement and the GE Aviation Supplemental Terms. For the avoidance of doubt, GE Aviation has an obligation to accept all POs from BHGE that comply with the terms of this Agreement.

Appears in 2 contracts

Sources: Bridge Supply and Technology Development Agreement (BAKER HUGHES a GE Co LLC), Bridge Supply and Technology Development Agreement (Baker Hughes a GE Co)

Binding Commitments. Each PO shall represent a binding commitment by BHGE ADGTJV to purchase and, upon acceptance, a binding commitment by GE Aviation to supply, such LM Products, Spare Parts and Services in accordance with the terms of this Agreement and the GE Aviation Supplemental Terms. For the avoidance of doubt, GE Aviation has an obligation to accept all POs from BHGE ADGTJV that comply with the terms of this Agreement.

Appears in 1 contract

Sources: Supply and Technology Development Agreement (BAKER HUGHES a GE Co LLC)