Terms & Conditions of Purchase Clause Samples

The Terms & Conditions of Purchase clause sets out the rules and requirements that govern the buying of goods or services from a supplier. It typically outlines the buyer’s expectations regarding delivery timelines, payment terms, product quality, and procedures for handling defects or returns. By clearly defining the obligations and rights of both parties, this clause helps prevent misunderstandings and disputes, ensuring a smooth and predictable purchasing process.
Terms & Conditions of Purchase. (a) Purchases made by Buyer of Seller Goods shall be subject to the following: (i) the terms of this Supply Agreement; (ii) the applicable Seller Standard Terms; and (iii) subject to Section 5.02(h), any additional terms contained in POs issued hereunder (including, on a PO by PO basis, any modifications to the Seller Standard Terms that the Parties may, from time to time, agree to in writing following negotiations as may be required to meet the specification and contractual requirements of Buyer or Buyer’s end customer). (b) In the event of a conflict, the following order of precedence will prevail: (i) the terms of this Supply Agreement, excluding the applicable Seller Standard Terms and Seller’s Software License; (ii) the terms of any POs issued hereunder; (iii) Seller’s Software License for the license of Seller’s software; (iv) the applicable Seller Standard Terms; and (v) Drawings, specifications and related documents specifically incorporated by reference herein or in any PO.
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Terms & Conditions of Purchase. As referred above, the purchase of VIP PASSES on the ways explained in section 1 is subject to the following Terms and Conditions of Purchase (the “Terms”). For the sake of clarity, IES is the entity selling the VIP PASSES and you are the person buying the VIP PASSES. All VIP PASSES are offered subject to availability and subject to these Terms. These Terms should be read carefully prior to confirming your purchase order. Any queries relating to them should be raised with us prior to purchase. IES will only respond in front of the person that completed the purchase process, not to any final holder of the VIP PASSES. The confirmation of your purchase order constitutes full acceptance of the following Terms:
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Terms & Conditions of Purchase. (a) Purchases made by Distributor or its Affiliates on its behalf of Exclusive Products or Exclusive Services shall be subject to the following: (i) the terms of this Agreement; (ii) the applicable Supplier Terms; and (iii) any additional terms contained in POs issued hereunder (including, on a PO-by-PO basis, any modifications to the Supplier Terms that the Parties may, from time to time, agree to in writing following negotiations as may be required to meet the specification and contractual requirements of Distributor or Distributor’s end customer). (b) In the event of a conflict in the construction of a PO, the following order of precedence will prevail: (i) first, the terms of this Agreement, excluding the applicable Supplier Terms; (ii) second, the applicable Supplier Terms subject to any modifications pursuant to any Accepted PO agreed in accordance with Section 6.03(h); (iii) third, subject to the limitations set forth in Section 7.02, Supplier’s Software license for the license of Supplier’s Software; (iv) fourth, subject to the limitations set forth in Section 6.02, the terms of any Accepted POs issued hereunder; and (v) fifth, drawings, specifications and related documents specifically incorporated by reference herein or in any PO.
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Terms & Conditions of Purchase. (a) Purchases made by Buyer of Seller Goods shall be subject to the following: (i) the terms of this Supply Agreement; (ii) the applicable Seller Standard Terms; and (iii) subject to Section 5.02(h), any additional terms contained in POs issued hereunder (including, on a PO by PO basis, any modifications to the Seller Standard Terms that the Parties may, from time to time, agree to in writing following negotiations as may be required to meet the specification and contractual requirements of Buyer or Buyer’s end customer). (b) In the event of a conflict, the following order of precedence will prevail: (i) the terms of this Supply Agreement, excluding the applicable Seller Standard Terms and Seller’s Software License; (ii) the terms of any POs issued hereunder;
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Terms & Conditions of Purchase. Section 5.01
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Terms & Conditions of Purchase. Purchases made by Purchaser of Exclusive Products or Exclusive Services shall be subject to the following:
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Related to Terms & Conditions of Purchase

  • Conditions of Purchase Purchaser's obligation to purchase and pay for Eligible Loans in a Portfolio hereunder shall be subject to the following conditions precedent: (a) the Eligible Loans in the Portfolio, aggregated with the other Eligible Loans that have been sold to Purchaser by Seller if appropriate, shall meet the requirements described in Section 3.1 hereof; (b) all representations, warranties and statements by or on behalf of Seller contained in this Agreement are true on the Scheduled Sale Date; (c) any notification to or approval by the Secretary or Guarantee Agency required by the Higher Education Act or the Guarantee Agreement as a condition to the assignment of Eligible Loans shall have been made or received and evidence thereof delivered to both Purchaser and the Trustee; (d) the entire interest of Seller in each Eligible Loan shall have been duly assigned by endorsement, such endorsement to be without recourse except as provided in Article V hereof; (e) the Seller shall, at its own expense, indicate in its files that the Student Loans sold on such date have been sold to the Purchaser pursuant to this Agreement and pledged and assigned by the Purchaser to the Trustee for the benefit of the Registered Owners, and the Seller shall deliver to the Purchaser a Schedule of Student Loans certified by the Chairman, the President, the Vice President or the Treasurer of the Seller to be true, correct and complete as of the date thereof. Further, the Seller hereby agrees that the computer files maintained by the Seller as Servicer will bear an indication reflecting that the Student Loans sold to the Purchaser pursuant to this Agreement are owned by the Purchaser; and (f) prior to or on each Scheduled Sale Date, the Seller shall record and file, at its own expense, appropriate UCC-3 termination statements with respect to any previous liens on such Student Loans being sold and purchased hereunder.

  • Conditions of Purchases 16 Section 5.1 Conditions Precedent to Initial Purchase..........................................................16 Section 5.2 Conditions Precedent to All Purchases and Reinvestments...........................................18

  • Conditions to Obligations of Purchaser The obligations of Purchaser hereunder are subject to the fulfillment, at or before the Closing, of each of the following conditions (all or any of which may be waived in whole or in part by Purchaser in its sole discretion):

  • Conditions to Obligation of Purchaser The obligation of Purchaser to purchase and pay for the Acquired Assets is subject to the satisfaction (or waiver by Purchaser) on or prior to the Closing Date of the following conditions:

  • Conditions Precedent to Obligations of Purchaser The obligation of Purchaser to consummate the transactions contemplated by this Agreement is subject to the fulfillment, on or prior to the Closing Date, of each of the following conditions (any or all of which may be waived by Purchaser in whole or in part to the extent permitted by applicable Law): (a) the representations and warranties of Seller set forth in this Agreement and in each of the Transaction Documents shall be true and correct in all material respects as of the Closing Date as though made on and as of the Closing Date, except that those representations and warranties that are modified as to materiality or contain a qualification referring to a “Material Adverse Effect” or any similar modification or qualification shall be true and correct in all respects as of said dates; (b) Seller shall have performed and complied in all material respects with all obligations and agreements required in this Agreement to be performed or complied with by them prior to the Closing Date; (c) Purchaser shall have received a certificate signed by an authorized officer of Seller, dated the Closing Date, certifying that the conditions contained in Sections 9.1(a) and 9.1(b) have been fulfilled; (d) there shall not be in effect on the Closing Date any Order or Law restraining, enjoining or otherwise prohibiting or making illegal the consummation of any of the transactions contemplated by this Agreement or any of the Transaction Documents or that could reasonably be expected to otherwise result in a material diminution of the benefits of the transactions contemplated by this Agreement or any of the Transaction Documents to Purchaser, and there shall not be pending or threatened on the Closing Date any action in, before or by any Governmental Body that could reasonably be expected to result in the issuance of any such Order or the enactment, promulgation or deemed applicability of any such Law to Purchaser or the transactions contemplated by this Agreement or any of the Transaction Documents; (e) there shall not be any action, suit, or proceeding pending or threatened before any Governmental Body that could reasonably be expected to (i) prevent consummation of any of the transactions contemplated by this Agreement or the Transaction Documents, (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation, or (iii) have a Seller Material Adverse Effect on the right of Purchaser to own the Purchased Shares or to own and operate the Purchased Assets (and no such Order shall be in effect); (f) [Reserved];