Common use of Purchase Order Terms Clause in Contracts

Purchase Order Terms. Hospira shall issue a purchase order, or an agreed upon method of communicating its requirements of the Products, to Abbott. Each purchase order or any acknowledgment thereof, if any, whether printed, stamped, typed, or written, shall be governed by the terms of this Agreement and none of the provisions of such purchase order or acknowledgment shall be applicable except those specifying Product and quantity ordered, delivery dates, special shipping instructions and invoice information. All Product orders hereunder shall be in order quantities as agreed between the Parties. Abbott shall deliver the Products in such firm order quantities, subject to yield fluctuations and on such delivery dates as are specified in the applicable purchase order and, if no such purchase order is issued, as specified in the firm order period of Hospira’s eighteen (18) month forecasts and monthly updates provided pursuant to Section 2.1(b). Abbott shall receive Hospira’s prior written approval prior to making any adjustments to Product order quantities and/or shipping dates.

Appears in 2 contracts

Sources: Api Supply Agreement, Api Supply Agreement (Hospira Inc)

Purchase Order Terms. Hospira shall issue a purchase order, or an agreed upon method of communicating its requirements of the Products, to Abbott. Each purchase order or any acknowledgment thereof, if any, whether printed, stamped, typed, or written, shall be governed by the terms of this Agreement and none of the provisions of such purchase order or acknowledgment shall be applicable except those specifying Product and quantity ordered, delivery dates, special shipping instructions and invoice information. All Product orders hereunder shall be in order quantities as agreed between the Parties. Abbott shall deliver the Products in such firm order quantities, subject to yield fluctuations quantities and on such delivery dates as are specified in the applicable purchase order and, if no such purchase order is issued, as specified in the firm order period of Hospira’s 's eighteen (18) month forecasts and monthly updates provided pursuant to Section SECTION 2.1(b). Abbott shall receive Hospira’s 's prior written approval prior to making any adjustments to Product order quantities and/or shipping dates.

Appears in 1 contract

Sources: Manufacture and Supply Agreement (Hospira Inc)