Global Sourcing Sample Clauses

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Global Sourcing. The Seller reserves the right in its discretion to obtain, source, subcontract, manufacture, fabricate and assemble the Equipment and any components and systems outside the United States; provided, however, that the Seller shall adhere to the quality standards and warranties of the Seller under the Contract in all cases irrespective of source, and all sourcing shall be consistent with all applicable laws and regulations; and provided, further, that the Seller shall bear full responsibility for all cost increases that occur for whatsoever reason as a result of the Seller’s decision to obtain, source, subcontract, manufacture, fabricate, assemble, or ship the Equipment or any components or systems outside the United States.
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Global Sourcing. The Seller reserves the right in its discretion to obtain, source, subcontract, manufacture, fabricate and assemble the Equipment and any of its components and systems outside the United States or from non-domestic concerns, or both; it being understood that the quality standards and warranties of the Seller under the Contract shall be adhered to in all cases irrespective of source. Seller shall be responsible for those direct costs associated with its global sourcing and manufacturing activities that occur prior to title transfer to Purchaser.
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Global Sourcing. (i) GM may periodically undertake global sourcing studies with regard to the Components at any time during the term of this Agreement. GM agrees to solicit such information from qualified suppliers only, and in the context of both substantive volume and an extended time frame, in order to assure that the information received represents achievable benchmarks. GM agrees to inform DRA on a timely basis of its issuance of any such requests. (ii) If GM informs DRA prior to July 31, 1997, that the unit price of a Component is not competitive with the market-based price determined by such a global sourcing study, GM and DRA will cooperate in good faith to determine why DRA's price is not competitive. Promptly thereafter, DRA will prepare a plan including specific interim goals and target dates for reducing DRA's price to the market-based competitive price. With the assistance of GM, DRA will use its best efforts to achieve maximum productivity and cost reduction improvements, including but not limited to changing types of suppliers of materials and incurring reasonable developmental expenses and capital investments, and beginning in the Second Model Year, fifty percent (50%) of any resulting cost reductions, if any, will reduce prices pursuant to paragraph 1.2(b) of this Agreement. However, prior to July 31, 1997, GM shall not purchase Components from other suppliers because of price. (iii) After July 31, 1997, the Components must competitive in terms of price, technology and design with similar products which may be available to GM. Should GM receive a quotation which meets the criteria of (i) above, and which, in the case of quotations received from current GM suppliers, is comparable to current prices being charged GM by such suppliers, GM, to the maximum extent and detail possible without breaching any legal or contractual obligations to such third party, shall advise DRA in writing of the area(s) (i.e., price, technology and/or design) in which the other product(s) offered in such quotation are more competitive. DRA shall have sixty (60) days within which to notify GM that it shall sell the affected Components(s) at the competitive price, with substantially comparable technology and/or design as the case may be. It is agreed by the parties that the effective date(s) for such price reductions(s) and/or improvement(s) in technology and/or design shall be the date(s) at which the other supplier is able to supply the competing component(s). It is further agreed ...
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Global Sourcing. Sourcing of products for resale by Boise Building Solutions Distribution, L.L.C. The sourcing will be from suppliers outside North America (primarily in Asia), and will be done by Boise Paper’s Global Sourcing group. The estimated purchase volume for 2008 is $40mm.
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Global Sourcing. Major Equipment and Services shall only be sourced from a Major Sub-Supplier listed on Exhibit A, Attachment 13 (except as otherwise approved by Owner in accordance with Section 2.8). Except as provided in the preceding sentence, Supplier reserves the right in its discretion to obtain, source, subcontract, manufacture, fabricate and assemble the Equipment and any components and systems thereof from non-domestic concerns; it being understood that the quality standards and warranties of Supplier under this Agreement shall be adhered to in all cases irrespective of source and all sourcing shall be consistent with all applicable Laws, and Supplier shall remain liable for any obligations with respect to Taxes and export obligations as provided in this Agreement.
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Related to Global Sourcing

  • Global Service Proxy Rider Equity Funds

  • Global Safeguard Measures Each Party retains its rights and obligations under Article XIX of the GATT 1994 and the WTO Agreement on Safeguards. In taking measures under these WTO provisions, a Party shall, consistent with WTO law and jurisprudence and in accordance with its domestic legislation, exclude imports of an originating product from one or several Parties if such imports do not in and of themselves cause or threaten to cause serious injury.

  • Global Securities (a) If the Company shall establish pursuant to Section 2.01 that the Securities of a particular series are to be issued as a Global Security, then the Company shall execute and the Trustee shall, in accordance with Section 2.04, authenticate and deliver, a Global Security that (i) shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, all of the Outstanding Securities of such series, (ii) shall be registered in the name of the Depositary or its nominee, (iii) shall be delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction (or if the Depositary names the Trustee as its custodian, retained by the Trustee), and (iv) shall bear a legend substantially to the following effect: “Except as otherwise provided in Section 2.11 of the Indenture, this Security may be transferred, in whole but not in part, only to another nominee of the Depositary or to a successor Depositary or to a nominee of such successor Depositary.” (b) Notwithstanding the provisions of Section 2.05, the Global Security of a series may be transferred, in whole but not in part and in the manner provided in Section 2.05, only to another nominee of the Depositary for such series, or to a successor Depositary for such series selected or approved by the Company or to a nominee of such successor Depositary. (c) If at any time the Depositary for a series of the Securities notifies the Company that it is unwilling or unable to continue as Depositary for such series or if at any time the Depositary for such series shall no longer be registered or in good standing under the Exchange Act, or other applicable statute or regulation, and a successor Depositary for such series is not appointed by the Company within 90 days after the Company receives such notice or becomes aware of such condition, as the case may be, or if an Event of Default has occurred and is continuing and the Company has received a request from the Depositary or from the Trustee, this Section 2.11 shall no longer be applicable to the Securities of such series and the Company will execute, and subject to Section 2.04, the Trustee will authenticate and deliver the Securities of such series in definitive registered form without coupons, in authorized denominations, and in an aggregate principal amount equal to the principal amount of the Global Security of such series in exchange for such Global Security. In addition, the Company may at any time determine that the Securities of any series shall no longer be represented by a Global Security and that the provisions of this Section 2.11 shall no longer apply to the Securities of such series. In such event the Company will execute and, subject to Section 2.04, the Trustee, upon receipt of an Officer’s Certificate evidencing such determination by the Company, will authenticate and deliver the Securities of such series in definitive registered form without coupons, in authorized denominations, and in an aggregate principal amount equal to the principal amount of the Global Security of such series in exchange for such Global Security. Upon the exchange of the Global Security for such Securities in definitive registered form without coupons, in authorized denominations, the Global Security shall be canceled by the Trustee. Such Securities in definitive registered form issued in exchange for the Global Security pursuant to this Section 2.11(c) shall be registered in such names and in such authorized denominations as the Depositary, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee. The Trustee shall deliver such Securities to the Depositary for delivery to the Persons in whose names such Securities are so registered.

  • Global Security 4 Holder...........................................................

  • Global Securities in General Each Global Security shall represent such of the outstanding Securities as shall be specified therein and each shall provide that it shall represent the aggregate amount of outstanding Securities from time to time endorsed thereon and that the aggregate amount of outstanding Securities represented thereby may from time to time be reduced or increased, as appropriate, to reflect exchanges, redemptions, purchases or conversions of such Securities. Any endorsement of a Global Security to reflect the amount of any increase or decrease in the amount of outstanding Securities represented thereby shall be made by the Securities Custodian in accordance with the standing instructions and procedures existing between the Depositary and the Securities Custodian. Members of, or participants in, the Depositary ("Agent Members") shall have no rights under this Indenture with respect to any Global Security held on their behalf by the Depositary or under any Global Security, and the Depositary (including, for this purpose, its nominee) may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner and Holder of such Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall (A) prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or (B) impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Security.