Terms of Order Clause Samples

The "Terms of Order" clause defines the specific conditions and requirements that govern the placement, acceptance, and fulfillment of purchase orders between parties. It typically outlines how orders are submitted, what information must be included, and the process for confirming or rejecting orders. For example, it may specify that orders must be in writing and detail product quantities, delivery dates, and pricing. This clause ensures both parties have a clear understanding of the procedures and expectations for each transaction, reducing the risk of misunderstandings or disputes regarding orders.
Terms of Order. You acknowledge and agree the following with regard to placing an Order (which shall include any Order placed by a Representative on your behalf): (a) if you have specifically requested a fixed quotation then you or your Representative on your behalf will typically have around fifteen (15) seconds from receipt of the quote that we have obtained from the market to accept it, at which time we will use reasonable endeavours to execute your Order with the market at the price quoted, irrespective of whether or not the market price has moved during the time between us sending/giving the fixed quotation to you and the execution of your Order. However, this is subject to a number of factors beyond our control, including without limitation: (i) trading on the relevant securities being suspended for whatever reason, including stock in auction; and/or (ii) withdrawal or expiry of the quote by the market (for whatever reason); (b) if we incur additional reasonable expenses (for example, premiums and discounts) when carrying out your Order and we are unable to contact you or your Representative to tell you or them about these in advance after reasonable efforts to do so, we may proceed to execute your Order and incur these expenses which you agree will then be payable by you; (c) there may be a delay in the execution of an Order. For example, where your Order sits in line behind other customers who already have submitted comparable orders (because all comparable orders are executed strictly in the order in which they are received), or where an Order is received after the relevant exchange has closed it will not be executed until that exchange next re-opens, following which we will present the Order for execution as soon as reasonably practicable; (d) unless we (and/or any Executing Broker) accept specific instructions from you or your Representative in relation to a particular Order, we may aggregate your Order with our own orders, orders of Affiliates and persons connected with us and orders of other customers, without further reference or authority from you or your Representative. By aggregating your Order, as described above, we must reasonably believe that this is in the overall best interests of our customers and it is unlikely such aggregation will work to the disadvantage of you when we aggregate your order. However, aggregation may operate on some occasions to your disadvantage; and (e) you will not undertake short selling (i.e. where you sell any financial ins...
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Terms of Order. This purchase order is an offer by the company identified on the face of this purchase order ("Buyer") for the purchase of the goods specified (the "Goods") from the party to whom the purchase order is addressed ("Seller") in accordance with and subject to the following terms and conditions, together with the terms and conditions on the face of this purchase order or contained in any attachments, exhibits, specifications, drawings, notes, instructions or other information, whether physically attached hereto or incorporated herein by reference (collectively, this "Order"). Except as otherwise provided in this sentence, this Order constitutes the entire and exclusive agreement of the parties with respect to Buyer’s purchase of the Goods from Seller and supersedes all prior or contemporaneous understandings, agreements, negotiations, representations and communications, both written and oral, with respect to the subject matter of this Order; provided, however, in the event Buyer and Seller are parties to a separate written agreement executed by both Buyer and Seller with respect to the purchase and sale of the Goods (the "Separate Agreement") these terms and conditions shall supplement the terms and conditions of the Separate Agreement, but in the event any provisions of the Separate Agreement conflict with these terms and conditions such provisions of the Separate Agreement shall control and shall supersede such conflicting provisions of these terms and conditions. Buyer’s submission of this Order is conditioned on Seller’s agreement that any terms different from or in addition to the terms of this Order, whether communicated orally or contained in any purchase order confirmation, invoice, acknowledgement, release, acceptance or other written correspondence, irrespective of the timing (other than any Separate Agreement as provided above), shall not form a part of this Order, even if Seller purports to condition its acceptance of this Order on Buyer’s agreement to such different or additional terms. This Order will be deemed accepted by Seller upon the first of the following to occur: (a) Seller making, signing or delivering to Buyer, whether in electronic format or in written form, any letter, form or other writing or instrument acknowledging acceptance; (b) any performance by Seller under this Order; or (c) the passage of five (5) business days after Seller’s receipt of this Order without written notice to Buyer that Seller does not accept. This Order does n...
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Terms of Order. The written plans, programs, policies, and procedures and the engagement letter required by paragraphs 4, 6, 9, 10, 12, 14, l6(b), 17, 19(b), 20, 21, 22, 23, and 24 hereof shall be submitted to the Reserve Bank and the Department for. review and approval. Acceptable plans, programs, policies, and procedures and an acceptable engagement letter shall be submitted within the time periods set forth in this Order. The Bank shall adopt the approved plans, programs, policies, and procedures and the approved engagement letter within 10 days of approval by the Reserve Bank and the Department and then shall fully comply with them. During the term of this Order, the approved plans, programs, policies, and procedures and the engagement letter shall not be amended or rescinded without the prior written approval of the Reserve Bank and the Department.
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Terms of Order execution 5.1 The period in which the Seller undertakes to fulfill the Order is from one working day. The Order execution period depends on the availability of the ordered items in the Seller's warehouse and the time required to process the Order. In exceptional cases, the deadline for the execution of the Order can be agreed with the Buyer individually, depending on the characteristics and quantity of the ordered Goods. If a part of the Order is missing from the Seller's warehouse, including for reasons beyond the latter's control, the Seller has the right to cancel the specified Product from the Buyer's Order. The Seller undertakes to notify the Buyer of the change in the completeness of his Order by sending a message to the email address specified during registration on the Website, or by an additional written explanation on the product receipt upon direct receipt of the Order by the Buyer. 5.2 The Order is considered fulfilled at the time of its transfer to the Buyer. By signing the bill of lading provided by the Seller, the Buyer confirms the execution of the Order. 5.3 The Buyer specifies the cost and terms of delivery of the Order on the Seller's Website. 5.4 If the Buyer provides false information about his contact details or the composition of the Order, the Seller is not responsible for improper execution of the Order.
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Terms of Order. The term of the order corresponds to the term of the Master Agreement.
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Related to Terms of Order

  • Form of Order 7.1 Subject to paragraphs 1 to 6 above, each Contracting Body may place an Order with the Supplier by serving an order in writing in substantially the form set out in Framework Agreement Schedule 4 (Order Form & Call-Off Terms). The Parties agree that any document or communication (including any document or communication in the apparent form of an Order) which is not in the form prescribed by this paragraph 7 shall not constitute an Order under this Framework Agreement. 7.2 The Contracting Body in sending an acknowledgement following receipt of the signed Order Form from the Supplier shall form a binding Call-Off Contract.

  • Duration of Order You may make an oral stop payment order which will lapse within fourteen (14) calendar days unless confirmed in writing within that time. A written stop payment order is effective for six (6) months and may be renewed in writing from time to time. We do not have to notify you when a stop payment order expires.

  • Rules of Order Unless State law or Board-adopted rules apply, the Board President, as the presiding officer, will use the most recent edition of ▇▇▇▇▇▇’s Rules of Order Newly Revised, as a guide when a question arises concerning procedure.

  • Execution of Orders All orders for the creation or redemption of Creation Units shall be handled in accordance with the terms of the Prospectus, and the procedures described in Attachments A and A-1 to this Agreement. In the event the procedures include the use of recorded telephone lines, the Participant hereby consents to such use. The Trust reserves the right to issue additional or other procedures relating to the manner of creating or redeeming Creation Units, and the Participant, and the Distributor agree to comply with such procedures as may be issued from time to time, upon reasonable notice thereof. The Participant understands and acknowledges that the Transfer Agent will not effect a creation or redemption until it has received confirmation of receipt of the Participant’s incoming security transfer and/or cash through the Trust’s Clearing Process, Fed Book-Entry System, Euroclear and/or DTC in the case of a creation, and through the Trust’s Clearing Process, Euroclear and/or DTC in the case of a redemption. With respect to any order for the creation or redemption of Creation Units, the Participant acknowledges and agrees on behalf of itself and any party for which it is acting (regardless of its capacity) to return to the Trust any dividend, distribution or other corporate action paid to it or to the party for which it is acting in respect of any Deposit Security that is transferred to the Participant or any party for which it is acting that, based on the valuation of such Deposit Security at the time of transfer should have been paid to the Trust. With respect to any orders for the creation or redemption of Creation Units, the Participant also acknowledges and agrees on behalf of itself and any party for which it is acting (regardless of its capacity) that the Transfer Agent is entitled to reduce the amount of money or other proceeds due to the Participant or any party for which it is acting that, based on the valuation of such Deposit Security at the time of transfer, should be paid to the Fund. With respect to any order for the creation or redemption of Creation Units, the Trust acknowledges and agrees to return to the Participant or any party for which it is acting any dividend, distribution or other corporate action paid to the Trust in respect of any Deposit Security that is transferred to the Trust that, based on the valuation of such Deposit Security at the time of transfer, should have been paid to the Participant or any party for which it is acting.

  • Placement of Orders The Adviser shall arrange for the placing of all orders for the purchase and sale of securities for a Fund’s account with brokers or dealers selected by the Adviser. In the selection of such brokers or dealers and the placing of such orders, the Adviser is directed at all times to seek for each Fund the most favorable execution and net price available under the circumstances. It is also understood that it is desirable for the Funds that the Adviser have access to brokerage and research services provided by brokers who may execute brokerage transactions at a higher cost to the Funds than may result when allocating brokerage to other brokers, consistent with section 28(e) of the 1934 Act and any Commission staff interpretations thereof. Therefore, the Adviser is authorized to place orders for the purchase and sale of securities for a Fund with such brokers, subject to review by the Board from time to time with respect to the extent and continuation of this practice. It is understood that the services provided by such brokers may be useful to the Adviser in connection with its or its affiliates’ services to other clients.