SUPPLIER has entered into this Master Agreement for its own account and on behalf of all SUPPLIER Group Companies and hereby represents to VOLVO that it has the authority to control and bind all SUPPLIER Group Companies with respect to their undertakings under this Agreement and applicable purchase order.
SUPPLIER furthermore assures to VOLVO that it will cascade, inform and receive an explicit acceptance from all SUPPLIER Group Companies that will deliver under this Agreement about the content, terms and conditions of this Agreement, in particular section “Payment Term” below.