Inventory Buy Back. In the event that a Consultant wishes to terminate their account, and request that any remaining inventory be purchased back by Xxxxxxxxx, only unused, not previously displayed, unopened, never previously worn, and only those with the original Paparazzi tags would be considered for inventory buy back. Items that don’t carry PV are not eligible for buy back. In such an event, the inventory buy back, as a result of the changing world of fashion, will be at a discounted rate of $2 per acceptable unit piece (with a retracted 2 PV for each unit). Acceptable pieces will be determined at the sole discretion of Xxxxxxxxx and only after review and inspection upon the return. An RMA number issued and approved by Paparazzi Support is required prior to any inventory buy back returns taking place – or the inventory buy back will not be honored. The full accumulation of the returned product volume will be retracted from the organization as in Section 7.4, and the most recent commissions which may have been earned by the terminating Consultant may be retracted or removed from the returning funds as a result of the retracting volume which may have qualified them within the Paparazzi Compensation Plan for previous awarded bonuses.

Inventory Buy Back. In the event that a Distributor wishes to terminate their account, and request that any remaining inventory be purchased back by Zapple only unused, not previously displayed, unopened, never previously worn, and only those with the original Zapple tags would be considered for inventory buy back. In such an event, the inventory buy back, as a result of the changing world of fashion, will be at a discounted rate per acceptable unit piece (with a retracted 2 PV for each unit). Acceptable pieces will be determined at the sole discretion of Zapple and only after review and inspection upon the return. An RMA number issued and approved by Distributor Support is required prior to any Inventory Buy Back returns taking place – or the Inventory Buy Back will not be honored. The full accumulation of the returned product volume will be retracted from the organization as in Section 7.4, and the most recent commissions which may have been earned by the terminating Distributor may be retracted or removed from the returning funds as a result of the retracting volume which may have qualified them within the Zapple Compensation Plan for previous awarded bonuses.

Inventory Buy Back. Halex agrees to buy back all Capitol Adhesives Inventory that is obsolete and not salable and is not sold by Xxxxxxx on or before December 15, 2005, at the prices set forth on Schedule 8.23 (the “Buy Back Amount”); provided, that Halex shall have no obligation to buy back any inventory described in or sold under Section 8.22 or the Metal Trim Xxxx of Sale. Each of Halex and Xxxxxxx shall have the right to elect to offset any amounts due and payable to Xxxxxxx pursuant to this Section 8.23 against an equal amount due and payable under the Xxxxxxx Note.

Inventory Buy Back. In the event ICC terminates this Agreement for its convenience, rather than as a result of Innotech's default or insolvency, or Innotech terminates this Agreement as a result of ICC's default or insolvency, ICC shall buy back from Innotech any and all JVC Products and part thereof purchased by Innotech then in Innotech's inventory. The re-purchase price for such JVC Products shall include the original purchase price in Japanese Yen paid by Innotech to ICC, plus freight costs, import duty and customs clearance charges paid on such JVC Products. In the event that ICC terminates this Agreement as a result of Innotech's insolvency, or its default of obligations hereunder or if Innotech terminates this Agreement for any reason excluding as a result of ICC's defaults or insolvency, ICC shall have first right of purchase, but no obligation to repurchase any of its JVC Products from Innotech.

Inventory Buy Back. In the event ICC terminates this Agreement for its convenience, rather than as a result of Credence's default or insolvency, or Credence terminates this Agreement as a result of ICC's default or insolvency, ICC shall buy back from Credence any and all JVC Products and part thereof purchased by Credence then in Credence's inventory. The re-purchase price for such JVC Products shall include the original purchase price in Japanese Yen paid by Credence to ICC, plus freight costs, import duty and customs clearance charges paid on such JVC Products. In the event that ICC terminates this Agreement as a result of Credence's insolvency, or its default of obligations hereunder or if Credence terminates this Agreement for any reason excluding as a result of ICC's defaults or insolvency, ICC shall have first right of purchase, but no obligation to repurchase any of its JVC Products from Credence.

Related to Inventory Buy Back

Inventory Adjustment (a) Within 30 days after the Closing Date, Sellers shall prepare and deliver to Buyer a statement (the "Closing Inventory Statement") setting forth the type and value, as of the close of business on the day immediately preceding the Closing Date, of the inventory of the Business, which statement shall be derived from a physical taking of such inventory as of such date and shall value inventory on the basis of the lower of cost or market value utilizing a first-in, first-out method in a manner consistent with Sellers' and the Companies' past practices and the standards and principles used in the preparation of the Unaudited Consolidated Statement of Net Investment Assets of the Business as of September 25, 2004 and shall otherwise be prepared in a manner consistent with Sellers' and the Companies' past practices with respect to perpetual inventory records; provided, that all amounts denominated in Canadian dollars that are part of the calculation of the value of inventory pursuant to this Section 2.05 shall be converted into U.S. dollars using the Closing Date Exchange Rate. Buyer and its representatives shall have such opportunity as Buyer reasonably deems appropriate to observe the taking and reconciliation of such inventory (which may begin prior to the Closing Date) in connection with the preparation of the Closing Inventory Statement. Buyer shall provide Sellers and their accountants, upon reasonable notice, such access to the books and records, to any other information, including working papers of Buyer's accountants, and to any employees of Buyer and its affiliates, in each case as may be reasonably necessary for Sellers to take such physical inventory, prepare the Closing Inventory Statement, respond to the Buyer's Inventory Objection (as defined in Section 2.05(b)) and prepare materials for presentation to the Arbitrator in connection with the matters contemplated by Section 2.05(c). If necessary, Buyer shall, after Closing, also provide or cause to be provided to Sellers and their designees such access as such persons may reasonably request to all facilities at which inventory of the Business is located in order to conduct such physical inventory. For the avoidance of doubt, the inventory of the Business to be valued pursuant to this Section 2.05 consists of the Inventory and all inventory of the Companies.
Accounts Receivable; Inventory (a) For each Account with respect to which Advances are requested, on the date each Advance is requested and made, such Account shall be an Eligible Account.
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.
Eligible Inventory As to each item of Inventory that is identified by any Borrower as Eligible Inventory in a Borrowing Base Certificate submitted to Agent, such Inventory is (a) of good and merchantable quality, free from known defects, and (b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Agent-discretionary criteria) set forth in the definition of Eligible Inventory.
Inventory Management The Subrecipient must submit an annual statement identifying the status of all equipment and non-real property items purchased with ESG funds by the contract termination date. The status report should inventory all equipment and non-real properties purchased with ESG funds and state the condition of the equipment and its location.
Accounts Receivable; Inventories The accounts receivable of Seller reflected in the Unaudited Financial Statements and the accounts receivable aging report set forth in Schedule 5.21, as well as such additional accounts receivable as are reflected on the books of Seller on the date hereof, are (except to the extent reserved in accordance with GAAP) valid, genuine and subsisting, arise out of bona fide sales and deliveries of goods, performance of services or other business transactions and to Seller's Knowledge, are not subject to defenses, deductions, set-offs or counterclaims. The inventories reflected on the Unaudited Financial Statements and held by Seller on the date hereof, net of reserves therefor in accordance with GAAP, are usable or saleable in the ordinary course of Business. Such inventories have been reflected on the Unaudited Financial Statements at the lower of cost or market value (taking into account the usability or salability thereof) in accordance with GAAP. None of such inventories have been written up in value or repurchased by, or returned to, Seller at an increased value. All such inventories are owned free and clear and are not subject to any Lien except to the extent reserved against or reflected in the Financial Statements. Since the Financial Statement Date, inventories of raw materials, supplies and products have been purchased by Seller in the ordinary course of the Business, consistent with anticipated seasonal requirements, and the volumes of purchases thereof and orders therefor have not been reduced or otherwise changed in anticipation of the transactions contemplated by this Agreement. Except as set forth in Schedule 5.21 hereto, Seller does not have any Knowledge of any conditions affecting the supply of materials or products available to Seller and, to the Knowledge of Seller, the consummation of the transactions contemplated hereby will not adversely affect any such supply.
Inventory Records Each Loan Party keeps correct and accurate records itemizing and describing the type, quality, and quantity of its and its Subsidiaries’ Inventory and the book value thereof.
Inventory and Supplies Administrator shall order, purchase and provide to the Group on a timely basis inventory and supplies, and such other ordinary, necessary or appropriate materials which are requested by the Group and which the Group shall reasonably determine to be necessary in the operation of the Practice on the same terms commercially available to Administrator. Such inventory, supplies and other materials shall be included in Practice Expenses at their cost to Parent or Administrator, as the case may be.
Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.
Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

Inventory Buy Back Sample Clauses

Filter & Search

Related Clauses

Parent Clauses

Related to Inventory Buy Back