ITEMS PRODUCED OR PURCHASED UNDER THE CONTRACT Sample Clauses

ITEMS PRODUCED OR PURCHASED UNDER THE CONTRACT. FIXED ASSETS 9.1 The following provisions apply to any items other than those which are specified in this Contract and its applicable documents as being deliverable items. 9.2 The title to the property of any items produced or procured under the Contract, including electronic components, special jigs, tools, test equipment, and paid for by the Contract, with an individual or batch value in the national currency equivalent or above € 5,000, shall belong to the Agency. All such items are deliverable and shall become property of the Agency, at such time as they are not longer required for the performance of the Contractor's tasks and at the latest after the successful completion of the CRR of MTG-S2. As long as they are under the Contractor's control, he shall be responsible for them in accordance with Clause 10 of the General Conditions. 9.3 The Contractor shall maintain an inventory of all such items (called “Contract inventory”) and he shall xxxx those items as falling under this Article of the Contract. The inventory shall be updated and made available to the Agency/ASG during the execution of the Contract. A final issue of that inventory shall be submitted with the final contractual deliverables. If that inventory includes also any deliverable items, as specified in this contract and its applicable documents, the latter are to be clearly set apart. 9.4 Upon completion of the work specified in the Contract, the Agency shall take decisions regarding the final destination and the final owner of each of the items listed in the Contract inventory, apart from those which are governed by the provisions of this Contract as being deliverable items. The Agency shall be free to choose amongst the following options with respect to final destination and to final owner: a) the right to claim delivery to the Agency and transfer of ownership – with issue of appropriate instructions concerning packing and shipment (at the Agency’s expenses), b) the right to claim transfer of ownership and to negotiate with the Contractor a loan agreement if the latter is interested in keeping and using an item that the Agency wants to acquire without delay – with loan conditions making the Contractor responsible for the custody, the delayed delivery and their risks (at the Contractor’s expenses), c) the right to extend the custody of an item by the Contractor (for instance: as a preservation measure for further work contracted by the Agency) and to postpone its delivery to the Agency and...
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ITEMS PRODUCED OR PURCHASED UNDER THE CONTRACT. The following provisions apply to any items which fall within the scope of Article 2 of the Contract.
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ITEMS PRODUCED OR PURCHASED UNDER THE CONTRACT. The following provisions apply to any items which fall within the scope of Article 2 of the Contract. 5.1 The title to the property of any items produced or purchased under the Contract, including electronic components, specialjigs, tools, test equipment, and which are paid forunder the Contractshall remain with the Contractor.
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Related to ITEMS PRODUCED OR PURCHASED UNDER THE CONTRACT

  • Purchased Contracts The obligation of CNHCR to purchase the Purchased Contracts is subject to the satisfaction of the following conditions:

  • Customer’s Representations and Warranties Upon Xxxxxx’s request from time to time, Customer will provide Seller with current financial information. Customer represents and warrants that any financial information provided to Seller will be true and correct in all material respects and shall fairly and accurately present the financial condition of Customer as of the date of such financial statements. Customer hereby authorizes Seller to review and evaluate Customer’s credit background from time to time.

  • Seller For each Mortgage Loan, the seller of such Mortgage Loan pursuant to the Mortgage Loan Purchase Agreement.

  • Customer Representations and Warranties (a) The Customer represents and warrants that: (i) the Customer has the legal right, power and authority to execute, deliver and perform this Agreement and to carry out all of the transactions contemplated hereby; (ii) the execution and delivery of this Agreement by MDP on behalf of the Customer will not violate any provision of its charter, bylaws or any other governing documents, or any law, or any regulation, interpretation or order or any court or other government agency, or judgment, applicable to the Customer; (iii) the Customer has obtained all necessary authorizations, including those from any persons who may have an interest in the Securities, including the consent or approval of any governmental agency or instrumentality; (iv) the execution, delivery and performance of this Agreement and the carrying out of any of the transactions contemplated hereby will not be in conflict with, result in a breach of or constitute a default under any agreement or other instrument to which the Customer is a party or which is otherwise known to the Customer, including but not limited to, liens against and/or pledges of Securities; and (v) all persons executing this Agreement on behalf of the Customer and carrying out the transactions contemplated hereby on behalf of the Customer are duly authorized to do so. (b) The Customer represents and warrants that it is an "investment company" as defined in the Investment Company Act and that it will indicate each "affiliate" as defined in the Investment Company Act by instructing the Bank not to lend the Customer's Securities to such Borrower, or to enter into repurchase agreements on Customer's behalf with such Borrower and/or its affiliates, by completion of Exhibit B hereto. (c) The Customer is aware that it is possible to loan portfolio securities without incurring the loan fees payable pursuant hereto by administering such a program itself, rather than hiring the Bank. (d) The Customer represents and warrants that each Person who owns, controls or possesses securities which may be lent pursuant to this agreement is identified in the Customer Information Sheet attached hereto as Exhibit A and made a part hereof, such Customer Information Sheet to be updated from time to time upon written notice to the Bank from the Customer ("Customer Information Sheet") and that the tax identification number of such Person is set forth opposite such Person's name on such Customer Information Sheet. (e) The Customer represents and warrants that (i) it has reviewed and understands the offering memorandum or similar materials relating to Customer's initial Collateral Investment; (ii) it will review and develop an understanding of the offering memorandum or similar materials in connection with any future Collateral Investments; and (iii) it will provide a Collateral Investment letter for acceptance by Bank in substantially the form attached hereto as Exhibit D and made a part hereof in connection with each Collateral Investment. (f) The Customer represents and warrants that the information contained in the attached Customer Information Sheet is complete and accurate in all respects as of the date hereof and the Customer acknowledges and affirms that the Bank may rely upon the accuracy and completeness of the information contained in the Customer Information Sheet in complying with its obligations under applicable laws and regulations. (g) The Customer represents and warrants that all recitals contained herein are true and correct in all respects as they relate to the Customer.

  • Subscriber's Representations and Warranties The Subscriber hereby represents and warrants to and agrees with the Company that:

  • The Seller Subsection 14.01 Additional Indemnification by the Seller; Third Party Claims........................................... Subsection 14.02 Merger or Consolidation of the Seller..................

  • Investment Representations and Warranties The Purchaser understands and agrees that the offering and sale of the Securities has not been registered under the 1933 Act or any applicable state securities laws and is being made in reliance upon federal and state exemptions for transactions not involving a public offering which depend upon, among other things, the bona fide nature of the investment intent and the accuracy of the Purchaser’s representations as expressed herein.

  • Conveyance From Seller to Purchaser Subsection 6.01

  • Seller’s Representations and Warranties Seller represents and warrants to Purchaser that:

  • Contractor’s Representations and Warranties Contractor represents and warrants that neither the execution of this Agreement by Contractor, nor the acts contemplated hereby, nor compliance by Contractor with any provisions hereof will: a) Violate any provision of the charter documents of Contractor; b) Violate any laws, rules, regulations, or any judgment, decree, order, regulation or rule of any court or governmental authority applicable to Contractor; or c) Violate, or be in conflict with, or constitute a default under, or permit the termination of, or require the consent of any person under, any agreement to which Contractor may be bound, the occurrence of which in the aggregate would have a material adverse effect on the properties, business, prospects, earnings, assets, liabilities, or condition (financial or otherwise) of Contractor.

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