Modified Products Sample Clauses
The "Modified Products" clause defines how products that have been altered, customized, or otherwise changed from their original form are treated under the agreement. Typically, this clause specifies the rights and obligations of the parties regarding such modified products, including issues like ownership, warranties, and liability. For example, it may clarify whether modifications void warranties or shift responsibility for defects to the party making the changes. The core function of this clause is to allocate risk and responsibility for products that are no longer in their original state, ensuring both parties understand their rights and obligations when modifications occur.
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Modified Products. If (i) a Product is modified at the request of either Ascendia or Coty, and (ii) such modification results in a change in the consumption of any raw materials or in a change in the manufacturing process and any attendant costs, any resulting increase or savings in the raw material or manufacturing costs shall be for the benefit or account of the party requesting the modification, and Schedule 2.2(a) shall be amended accordingly.
Modified Products. Coty shall not modify any Product unless such modification is proposed or approved by Ascendia.
Modified Products. Unless required by a Governmental Authority, Rockwell shall not remove, discontinue, replace or change any Product unless Rockwell (i) provides DaVita with at least ninety (90) days’ prior written notice of its intent to remove, discontinue, replace or materially change such Product, (ii) simultaneously notifies all of its customers who purchase such Product of Rockwell’s intent to remove, discontinue, replace or materially change the Product, and (iii) replaces such Product with a substitute product that (a) in DaVita’s reasonable discretion is clinically and functionally superior or equivalent to the Product being removed, discontinued, replaced or materially changed (the “Modified Product”) and (b) is provided by Rockwell at a price equal to the Product. If DaVita determines that the proposed substitute product does not substantially match the clinical efficacy or functionality of the Modified Product, introduction of such substitute product shall in no way relieve Rockwell of any of its requirements and obligations in relation to the Modified Product under this Agreement.
Modified Products. Milcom agrees to give a written notice to SEC of all significant modification(s) affecting mechanical form or fit changes per the outline drawing of the LPA; and modification(s) affecting the function and or electrical performance of the LPA per the Product specification, interface, or cost of maintenance of the Products, and at least 60 days before said modification(s) are implemented in the manufacturing line. SEC shall within one month from the receipt of this written notice notify MILCOM of its rejection of said modifications. Otherwise such modifications shall be considered as accepted by SEC. If such modifications are rejected, the Agreement will terminate any future obligations of the parties to sell/purchase products, however. SEC shall be entitled to place a last bulk order on the unmodified Products within 3 (three) months from receipt of the written notice.
8.3.1 MILCOM agrees to send a copy of all ECN'S (Engineering Change Notices) to SEC and define whether they are Major or Minor. Major changes require SEC approval prior to implementation while Minor changes are for information only. Administrative changes do not require a copy of the ECN to be sent to SEC.
Modified Products. Because Seller is continually researching and improving its Products, it reserves the right at any time to make such improvements, corrections and/or modifications in the design or specification of Products, except with respect to Products being made in accordance with Buyer’s specifications. Seller may furnish suitable substitutes for materials unobtainable because of priorities or regulations established by governmental authority or non-availability of materials from suppliers.
Modified Products. The Grantor shall have no obligation to defend the Licensee or to pay costs, damages or legal fees for any claim based on any modifications made to the Products or Other Products by the Licensee.
Modified Products. Milcom agrees to give a written notice to LGIC of all significant modification(s) affecting mechanical form or fit changes per the outline drawing of the LPA or Frame; and modification(s) affecting the function and or electrical performance of the LPA per the Product specification, interface, or cost of maintenance of the Products, and at least 60 days before said modification(s) are implemented in the manufacturing line. LGIC shall within one month from the receipt of this written notice notify MILCOM of its rejection of said modifications. Otherwise such modifications shall be considered as accepted by LGIC. If such modifications are rejected, the Agreement will terminate, however, LGIC shall be entitled to place a last bulk order on the unmodified Products within three (3) months from receipt of the written notice.
Modified Products. The Nonagency 5/1 and 7/1 ARM products described on the attached product descriptions shall be eligible for sale under this Commitment. The authorized officers of AmerUs Mortgage and AmerUs Life have executed this Letter Agreement as of the date first written above. AmerUs Mortgage AmerUs Life By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ ------------------------------- ------------------------ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Its Senior Vice President and Its Vice President and Risk Manager Portfolio Manager attachments
3.3.1 PREPARED BY: ▇▇▇▇▇ ▇▇▇▇▇▇ APPROVED BY: ▇▇▇▇▇ ▇▇▇▇▇▇ DATE: 10 MARCH 1997 ------------------------------------------------------------------------------
Modified Products. For the purposes of this Section 1.3.3, "Competitive Prices" as it relates to Modified Products means pricing and other material terms and conditions that are **.