Define: Indent Order
Indent Order means an order for goods, placed by a customer in line with agreed terms, necessitating specific acquisition from third-party entities
Indent Order means an order for goods, placed by a customer in line with agreed terms, necessitating specific acquisition from third-party entities.
Relevant Circumstances
- When goods need to be specifically sourced from a third party for a customer
- If acceptance of an indent order triggers procurement commitments
- Where pricing or delivery times differ from stock-held items
Relevant Sectors
- M&A
- Trade & Commerce
- Legal Services