Inventory Policies Sample Clauses

Inventory Policies. (a) From time to time during the Term of this Agreement, StelKast may provide Products, samples and/or instruments (collectively, "Inventory") to Agent to be held by Agent, as bailee, pursuant to the terms of this Agreement. From and after delivery of Inventory to Agent, Agent is responsible for all loss of or damage to the Inventory. Without limiting the generality of the foregoing, Agent shall provide a safe and secure environment for the storage of the Inventory. (b) Agent shall, at Agent's sole expense, conduct a semiannual count of the Inventory (or more frequently if requested by StelKast) and shall deliver the results of the same to StelKast. In addition, Agent shall grant StelKast or its Representatives access to the Inventory at any time upon reasonable prior notice. If, at any time, it is discovered that any Inventory bailed to Agent is damaged or missing, Agent shall immediately pay to StelKast the list price for the damaged or missing Inventory then in effect. Failure to do so shall constitute grounds for the immediate termination by StelKast of this Agreement pursuant to Section 7.2. (c) Promptly upon StelKast's request for any reason, Agent shall return the Inventory to StelKast. Agent shall be responsible for the cost of delivering such Inventory to StelKast, and Agent shall retain the risk of loss or damage to the Inventory until the same has been delivered to StelKast. Agent acknowledges that Products are regulated by the Food and Drug Administration and that there may be times when it is imperative that materials be pulled from the shelves and returned to StelKast. Failure to comply with any request to return materials shall constitute grounds for the immediate termination by StelKast of this Agreement pursuant to Section 7.2. (d) In addition to the rights set forth on Exhibit C, StelKast reserves the right to offset against commissions or other money payable to Agent any amounts that Agent owes to StelKast under the provisions of this Section 5.3.
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Inventory Policies. For purposes of determining Landed Cost, Distributor shall price its inventory of each Product at market value for each Product (the “Market Value”). Distributor agrees to sell each Product to Buyer at the Product’s Market Value whether that value is higher or lower than actual inventory value for the Product. Market Value for each type of Product will be determined in accordance with the following:

Related to Inventory Policies

  • 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 Reports Within 45 days after the close of each fiscal quarter of Customer, a copy of the Inventory Report (as and to the extent applicable, breaking out Inventory by location, and separately reporting any work in process) of Customer as of the end of such fiscal quarter; and

  • 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.

  • Personnel Policies The School shall adopt, update, and adhere to personnel policies. These policies must be made readily accessible from the School’s website or school office, as described in Section 11.4. 1. If the policy is not available from the School’s website, the School shall submit the current policy to the Commission.

  • 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.

  • 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.

  • 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.

  • Umbrella Policies Contractor may satisfy basic coverage limits through any combination of basic coverage and umbrella insurance.

  • Policies and Temporary Policies Registry Operator shall comply with and implement all Consensus Policies and Temporary Policies found at <xxxx://xxx.xxxxx.xxx/general/consensus-policies.htm>, as of the Effective Date and as may in the future be developed and adopted in accordance with the ICANN Bylaws, provided such future Consensus Polices and Temporary Policies are adopted in accordance with the procedure and relate to those topics and subject to those limitations set forth in Specification 1 attached hereto (“Specification 1”). Data Escrow. Registry Operator shall comply with the registry data escrow procedures set forth in Specification 2 attached hereto (“Specification 2”).

  • Policies and Practices The employment relationship between the Parties shall be governed by this Agreement and the policies and practices established by the Company and the Board of Directors (hereinafter referred to as the “Board”). In the event that the terms of this Agreement differ from or are in conflict with the Company’s policies or practices or the Company’s Employee Handbook, this Agreement shall control.

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