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Acquisition and Cross Servicing Agreement

This template is a formal agreement for entities to acquire and provide mutual logistics support, supplies, and services. It is used when two parties, typically governmental or large organizations, need to establish a framework for reciprocal support.

Updated 15d ago
AcquisitionCross ServicingAgreementLogisticsSupportInter-organizationalCooperation

COMPANY LETTERHEAD

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

ACQUISITION AND CROSS-SERVICING AGREEMENT

This Acquisition and Cross-Servicing Agreement (hereinafter 'Agreement') is made and entered into this {{day}} day of {{month}}, {{year}}, by and between {{party_A_name}} (hereinafter 'Party A'), with its principal place of business at {{party_A_address}}, and {{party_B_name}} (hereinafter 'Party B'), with its principal place of business at {{party_B_address}}.

WHEREAS, Party A and Party B desire to establish a framework for the reciprocal provision and acquisition of logistics support, supplies, and services.

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:

ARTICLE I: DEFINITIONS

1.1. 'Logistics Support, Supplies, and Services' includes food, water, billeting, transportation (including airlift, sealift, and ground transport), petroleum, oils, lubricants, clothing, medical services, spare parts and components, repair and maintenance services, base operation support, and storage services. It does not include weapons or ammunition.

1.2. 'Acquiring Party' refers to the party receiving the logistics support, supplies, or services.

1.3. 'Providing Party' refers to the party furnishing the logistics support, supplies, or services.

ARTICLE II: SCOPE OF AGREEMENT

2.1. This Agreement permits Party A and Party B to acquire from each other, when one party is able to provide, and the other party is authorized to receive, logistics support, supplies, and services.

2.2. All transactions under this Agreement shall be subject to the availability of resources of the Providing Party and the specific requirements of the Acquiring Party.

2.3. The terms and conditions of this Agreement shall apply to all orders placed and accepted hereunder.

ARTICLE III: FINANCIAL PROVISIONS

3.1. Reimbursement for logistics support, supplies, and services provided under this Agreement shall be made on a {{reimbursement_method}} basis (e.g., replacement-in-kind, equal value exchange, or cash payment).

3.2. If cash payment is elected, payment shall be made in {{currency}} within {{payment_due_days}} days of receipt of an invoice.

3.3. Invoices shall be submitted by the Providing Party to the Acquiring Party at {{invoice_address}}.

3.4. The prices charged for logistics support, supplies, and services shall not exceed the direct costs of the Providing Party, unless otherwise mutually agreed upon in writing.

ARTICLE IV: ORDERING AND ACCEPTANCE PROCEDURES

4.1. The Acquiring Party shall submit requests for logistics support, supplies, and services in writing to the Providing Party, utilizing the format specified in Annex A (if applicable).

4.2. The Providing Party shall review each request and respond within {{response_days}} days, indicating whether it can provide the requested items or services and, if so, the estimated cost and delivery schedule.

4.3. An order shall be considered firm only upon written acceptance by both parties.

ARTICLE V: TERM AND TERMINATION

5.1. This Agreement shall enter into force on the date of its last signature and shall remain in force for a period of {{agreement_term_years}} years, unless terminated earlier.

5.2. Either Party may terminate this Agreement by providing {{termination_notice_days}} days' written notice to the other Party.

5.3. Termination of this Agreement shall not affect any outstanding obligations or transactions entered into prior to the effective date of termination.

ARTICLE VI: DISPUTE RESOLUTION

6.1. Any dispute arising out of or in connection with this Agreement shall be resolved through good faith negotiations between the parties.

6.2. If the parties are unable to resolve the dispute through negotiations within {{dispute_resolution_days}} days, they may agree to submit the dispute to mediation or arbitration in accordance with mutually agreed-upon procedures.

ARTICLE VII: GOVERNING LAW

7.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_country}}.

SIGNATURE BLOCK

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

_____________________________

{{party_A_name}}

By: {{party_A_signatory_name}}

Title: {{party_A_signatory_title}}

_____________________________

{{party_B_name}}

By: {{party_B_signatory_name}}

Title: {{party_B_signatory_title}}

Date: {{signature_date}}

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