BUY-BACK OF INVENTORY Sample Clauses

BUY-BACK OF INVENTORY. Upon termination, expiration, or non- renewal of this Agreement, NAPA shall have the option to require CUSTOMER to purchase all non-NAPA Inventory owned by NAPA and located in each On Site Store at NAPA’s On Site Store’s current product acquisition cost, and CUSTOMER shall have the option to purchase all NAPA Inventory, owned by NAPA and located in each On Site Store at the Current NAPA Jobber Acquisition Cost. Upon CUSTOMER’s request, NAPA shall provide CUSTOMER with a listing of all NAPA and non-NAPA Inventory owned by NAPA and located in the On Site Store(s).
Sample 1
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BUY-BACK OF INVENTORY. Upon termination, expiration, or non-renewal of the contract, CONTRACTOR shall have the option to require CITY to purchase all non- CONTRACTOR branded inventory, and CITY shall have the option to purchase all CONTRACTOR branded inventory, owned by CONTRACTOR and located in the on- site store at CONTRACTOR’s current acquisition cost, not to exceed the CITY’s “not to exceed amount” cap. The CITY agrees to a “not to exceed amount” of $250,000 for the buy-back of non-CONTRACTOR branded inventory. EXHIBIT B SCHEDULE OF PERFORMANCE CONTRACTOR shall perform the Services according to the following schedule: Throughout the term of this Agreement, CONTRACTOR shall provide an on-site fleet parts and inventory program in accordance with the services defined in the Scope of Services (Exhibit “A”). Throughout the term of this Agreement, CONTRACTOR will continuously monitor new vehicles and equipment being added to the fleet and vehicles and equipment being removed from the fleet to ensure adequate parts availability for the City’s fleet, and to eliminate obsolete parts from the inventory. EXHIBIT C SCHEDULE OF FEES Compensation based upon fee schedule (rate schedule) CITY shall pay CONTRACTOR according to the pricing provided in the Sourcewell Contract No. 110520, which is restated in the following schedule of fees/rate schedule, which consists of the sections entitled “Pricing Plan” and “Pricing Plan Summary” below. The maximum amount of compensation to be paid to CONTRACTOR, including both payment for services and reimbursable expenses, shall not exceed the amounts set forth in Section 5 (Compensation for Original Term) of the Agreement, as detailed in said Section 5. The City agrees to compensate the Contractor for general services and goods in accordance with the terms and conditions of this Agreement described in Section 7 (Invoicing).
Sample 1

Related to BUY-BACK OF INVENTORY

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • CURRENT INVENTORY OF QUALIFIED PROPERTY In addition to the requirements of Section 10.2 of this Agreement, if there is a material change in the Qualified Property described in EXHIBIT 4, then within 60 days from the date commercial operation begins, the Applicant shall provide to the District, the Comptroller, the Appraisal District or the State Auditor’s Office a specific and detailed description of the tangible personal property, buildings, and/or permanent, nonremovable building components (including any affixed to or incorporated into real property) on the Land to which the value limitation applies including maps or surveys of sufficient detail and description to locate all such described property on the Land.

  • Excluded Expenditures The Recipient undertakes that the proceeds of the Financing shall not be used to finance Excluded Expenditures. If the Association determines at any time that an amount of the Financing was used to make a payment for an Excluded Expenditure, the Recipient shall, promptly upon notice from the Association, refund an amount equal to the amount of such payment to the Association. Amounts refunded to the Association upon such request shall be cancelled.

  • Cost of Living Adjustments Effective December 1, 2021, Compensation Plan salary rates shall be increased by two and five tenths percent (2.5%) but not less than eighty-five dollars ($85) per month (prorated for part-time employees). Effective December 1, 2022, Compensation Plan salary rates shall be increased by three and one tenth percent (3.1%) but not less than one hundred dollars ($100) per month (prorated for part-time employees). (See Appendix C & E.)

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