Common use of Outstanding Purchase Orders Clause in Contracts

Outstanding Purchase Orders. Purchase Orders entered into prior to the expiration or termination of this Agreement shall be valid and remain in effect for the period of time necessary to fulfill the terms of the Purchase Order, provided that: (a) Elgressy shall have no obligation to confirm Purchase Orders requesting delivery after expiration of this Agreement, and (b) after a notice of termination is given, the Marketing Arm will remain obligated to confirm purchase orders requesting delivery prior to the effective date of termination. The provisions of this Agreement shall be applicable to an otherwise valid purchase order, notwithstanding the termination or expiration of this Agreement