Finished Goods Clause Samples
The Finished Goods clause defines the standards and requirements for products that have completed the manufacturing process and are ready for delivery or sale. It typically outlines the criteria that goods must meet to be considered finished, such as quality specifications, packaging, and readiness for shipment. This clause ensures that both parties have a clear understanding of what constitutes an acceptable finished product, thereby reducing disputes over product quality and delivery obligations.
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Finished Goods goods fully assembled, manufactured, marked and bearing Motorola Trademarks (the “Finished Goods”) until the earlier of: (i) sixty (60) months after the IPO Effective Date; or (ii) the date on which Freescale’s supply of such Finished Goods in inventory as of the IPO Effective Date is depleted; unless required otherwise by applicable State or Federal laws or the laws of the relevant foreign jurisdiction.
Finished Goods a. The risk in the Work and all goods delivered in connection with the Work shall pass to the Buyer on delivery and the Buyer should insure accordingly.
b. On completion of the Work, the Seller will store the Buyer’s materials and Work for a maximum of one month, after which time they will be destroyed without further notice.
Finished Goods. APT will provide a thirteen (13) week order requirement schedule to SIEMENS on a monthly basis with nine (9) weeks being firm and four
Finished Goods. (a) The risk in the Work and all goods delivered in connection with the Work shall pass to the Buyer on delivery and the Buyer should insure accordingly.
Finished Goods. 9.3.1 The risk in the Works and all goods delivered in connection with the Works shall pass to the Customer on delivery or 5 days after the Customer shall have been notified they are ready for collection and the Customer should insure accordingly
9.3.2 On completion of the Works the Company will store the Customer’s materials and Works for a maximum of one month and charge the customer for reasonable costs thereof after which time they will be destroyed without further notice.
Finished Goods. All Finished Goods as of the Closing consist of items of merchantable quality for sale in the ordinary course of business.
Finished Goods. All finished goods manufactured by the Seller prior to the Closing Date, except as provided in 1.2(c), above.
Finished Goods. For Finished Goods (meaning the Product in its completed form) manufactured in accordance with duly issued Work Authorizations, IBM shall incur the following maximum liability, subject to LSI using reasonable efforts to mitigate IBM's liability by, among other actions, returning parts and materials to its suppliers, selling parts and materials to others, or otherwise use such parts or materials in other products or for other WAs hereunder for Products or FRUs.
Finished Goods. All finished inventory described on Schedule 1.1(b), including all related packaging materials (such finished inventory and packaging materials, the “Finished Inventory”, and together with the Grain Inventory, the “Inventory”), which Finished Inventory is located at the locations set forth on Schedule 1.1(b) (together with the Grain Inventory Locations, the “Inventory Locations”);
Finished Goods. Halex agrees to remove all finished goods unrelated to the Capitol Adhesives Business from the Capitol Adhesives Leased Real Properties within ninety (90) days after the Closing Date at its sole cost and expense; provided, that finished goods, related to Halex’s seaming tape business may remain on the Capitol Adhesives Leased Real Properties for a period of twelve (12) months after the Closing, in accordance with that certain Transition Services Agreement, in the form attached hereto as Exhibit D (the “Transition Services Agreement”) to be entered into between Halex and ▇▇▇▇▇▇▇ Group, but in no event later than the date the remaining ▇▇▇▇▇▇▇ Excluded Assets are removed from the Capitol Adhesives Leased Real Properties.