Guaranteed Supply Period Clause Samples

The Guaranteed Supply Period clause defines a specific timeframe during which a supplier is contractually obligated to provide goods or services to the buyer without interruption. Typically, this period is set out in the agreement and may include provisions for minimum quantities, delivery schedules, or quality standards that must be maintained throughout. Its core practical function is to ensure the buyer has a reliable and predictable source of supply, thereby reducing the risk of shortages or disruptions during the agreed period.
Guaranteed Supply Period. The following provisions apply to the way the term of this agreement is extended, the identification of each Guaranteed Supply Period during that ongoing term and the manner in which Norco or the Supplier can elect not to extend the agreement.
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Guaranteed Supply Period. The agreement is not extended and the Guaranteed Supply Period Term will end on 30 June 2026.
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Guaranteed Supply Period. Term The period of months comprising the Guaranteed Supply Period Term, as selected by the Supplier at the Commencement Date, to establish the period for which this agreement will be automatically extended in accordance with clause 27. The initial Guaranteed Supply Period Term will be the period from the Supply Date until: .............................................................................................................................................................................
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Guaranteed Supply Period. In return for being paid Loyalty Payments and being eligible for Bonus Payments, the Supplier shall supply Norco for each Guaranteed Supply Period:
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Guaranteed Supply Period. The agreement is extended for a further Guaranteed Supply Period Term and the new Guaranteed Supply Period will commence on 1 July 2026 and expire on 30 June 2031. The process is repeated on 2 December 2030. There is no limit on how many times the Guaranteed Supply Period may be renewed.
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Related to Guaranteed Supply Period

  • Definition of Guaranteed Obligations As used herein, the term “Guaranteed Obligations” means:

  • Prior Payment of Guaranteed Obligations In any proceeding under any Bankruptcy Law relating to any other Loan Party, each Guarantor agrees that the Secured Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding (“Post Petition Interest”)) before such Guarantor receives payment of any Subordinated Obligations.

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.

  • Guaranteed Maximum Costs The City’s payment obligation to Contractor cannot at any time exceed the amount certified by City’s Controller for the purpose and period stated in such certification. Absent an authorized Emergency per the City Charter or applicable Code, no City representative is authorized to offer or promise, nor is the City required to honor, any offered or promised payments to Contractor under this Agreement in excess of the certified maximum amount without the Controller having first certified the additional promised amount and the Parties having modified this Agreement as provided in Section 11.5, “Modification of this Agreement.”

  • Term of Guaranty This Guaranty shall continue in effect until all the Guaranteed Obligations and all of the obligations of Guarantor to Lender under this Guaranty are fully and finally paid, performed and discharged and are not subject to any bankruptcy preference period or any other disgorgement.