At Buyer's option Sample Clauses

At Buyer's option. Buyer may request Seller to submit its charges to the Buyer for payment and the Buyer shall pay such charges, within 30 days of the date of despatching of the Unit to the Buyer. In such case, the conditions precedent set forth in clause 4.8.3 above are not required to be met by Buyer if Buyer pays within 30 days of despatch.
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At Buyer's option. Buyer shall have the right to inspect the Goods any time prior to delivery to ensure the Goods conform to the specifications and requirements of the Order. Notwithstanding this right, Buyer shall have the right to final inspection and acceptance within a reasonable time after delivery to Buyer’s designated location. Buyer expressly reserves the right to reject any Goods which do not conform or comply to the specifications or requirements of the Order, or which contain partial or compl etely defective Goods. In the event any portions of the Goods do not conform to the Order, Buyer may reject, at its discretion, all or part of the Goods comprising the Order. Rejected Goods shall promptly be removed by Seller, at its sole expense. Even after final inspection and acceptance, Xxxxx shall have the right to reject and return any Goods that contain any latent defects that could not be discovered within a reasonable ins pection period.

Related to At Buyer's option

  • Put Option The Company hereby grants to Lender an option (the “Put Option”) to sell all or any portion of the Issued Shares (the “Put Shares”) to the Company for a total purchase price of $195,000, pro-rated for any portion thereof (the “Put Price”). The Put Option may be exercised with respect to any amount that is equal to or less than the entire balance of the outstanding Put Shares, at any time during the earlier to occur of the following Put Option exercise periods (the “Put Period”): (a) the ten (10) Business Day period commencing on the first anniversary hereof, or (b) the ten (10) Business Day period commencing on the date which is nine (9) months after the date that the registration statement for the registration of the Issued Shares is declared effective by the SEC . If not exercised during the Put Period, the Put Option shall terminate and shall be of no further force or effect. The Put Option shall be exercisable by Lender’s delivery of written notice to the Company (the “Put Notice”). The Put Notice shall specify the date on which the closing of the purchase of the Put Shares shall take place (the “Put Closing Date”), which such date shall be no earlier than ten (10) days but no later than thirty (30) days from the date of the Put Notice. On or before the Put Closing Date, Lender will deliver to the Company the certificate(s) representing the Put Shares (duly endorsed for transfer by Lender or accompanied by duly executed stock powers in blank) and the Company shall tender to Lender the Put Price in cash by wire transfer of immediately available funds to an account at a bank designated by Lender. The Company and Lender acknowledge and agree that the Company’s obligation to purchase the Issued Shares from Lender pursuant to the Put Option is an Obligation secured by the Collateral and any related guarantees under the Loan Documents, and for so long as the Put Option is outstanding and, if exercised, the Put Price is not yet tendered, the Lender’s right to receive the Put Price shall be secured by the Collateral and any related guarantees under the Loan Documents. Lender’s right to exercise the Put Option shall not be transferred or assigned to any third party.

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