Common use of Material Acquisition Clause in Contracts

Material Acquisition. Powerwave hereby authorizes Supplier to purchase Material based on the quantities set forth in the VDS and Purchase Order provided that the Material is ordered in accordance with Material Manufacturing Leadtime and Material Transit Time. This authorization shall extend to the purchase of additional Materials as are reasonably required, taking into account any Supplier minimum order quantities (“MOQ”) and/or standard packaging quantities (“SPQ”). To the extent that Supplier incurs liability for Material in addition to what is required to meet the Product Leadtime under the VDS, Supplier will obtain Powerwave’s prior written consent, which shall not be unreasonably withheld or delayed, before ordering any such Material. Powerwave does not recognize any Material as being non-cancellable/non-returnable (“NCNR”). Supplier agrees that it shall procure Powerwave’s consigned Material, if applicable, i.