New Supply Agreement Sample Clauses

New Supply Agreement. Date: 23 December 2021 Parties: SMC Electric HK PFC Device (HK) Description of transaction: PFC Device (HK) and/or its fellow subsidiaries agree to sell the Group’s power discrete semiconductors or other products to SMC Electric HK and/or its subsidiaries Term: From 1 January 2022 to 31 December 2022 Basis of pricing: After arm’s length negotiations between the parties from time to time with reference to the then market price of similar products in the market available to independent third parties. The price at which the Group sells its power discrete semiconductors or other products to SMC Electric HK shall not be lower than the price charged by the Group to customers who are independent third parties for the sales of same type of power discrete semiconductors or other products. Hence, the Group will be able to ensure that the selling price of power discrete semiconductors or other products to SMC Electric HK represents the market price on normal commercial terms. For the year ended 31 December 2020 and the eleven months ended 30 November 2021, the historical amount paid by SMC Electric HK to PFC Device (HK) was US$23,280 and US$22,620, respectively. The annual cap in respect of the New Supply Agreement for the year ending 31 December 2022 is US$30,000 (equivalent to approximately HK$234,000). The basis of the annual cap in respect of the New Supply Agreement is determined with reference to (i) the historical figures; and (ii) the anticipated amount of supply of power discrete semiconductors to SMC Electric HK.
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New Supply Agreement. Form of New Supply Agreement to be negotiated and agreed upon by the Parties in good faith. Such New Supply Agreement shall address, in addition to other items, the following points: [*] [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. Confidential treatment has been requested with respect to the omitted portions.
New Supply Agreement. Memry and AMT hereby agree to enter into a new supply agreement, with Memry as “Supplier” and AMT as “Customer” for purposes of this Section C., on the terms and conditions set forth in the remainder of this Section C. (and, to the extent applicable, the miscellaneous provisions of Section D. below).
New Supply Agreement 

Related to New Supply Agreement

  • Supply Agreement The Supply Agreement shall have been executed on behalf of the Seller and delivered to the Purchaser.

  • Manufacturing Agreement Each of the Sellers (as applicable) shall have executed and delivered to the Buyer the Manufacturing Agreement with respect to the portion of the Business conducted at the applicable Facility.

  • Supply Agreements For a period of three years from the consummation of the IPO, Odetics shall not unilaterally terminate or assign its guarantee obligation with respect to any supply agreement pursuant to which it has guaranteed the performance by ATL of ATL's obligations, unless such suppliers have consented to the termination or assignment of such guarantee.

  • Development Agreement As soon as reasonably practicable following the ISO’s selection of a transmission Generator Deactivation Solution, the ISO shall tender to the Developer that proposed the selected transmission Generator Deactivation Solution a draft Development Agreement, with draft appendices completed by the ISO to the extent practicable, for review and completion by the Developer. The draft Development Agreement shall be in the form of the ISO’s Commission-approved Development Agreement for its reliability planning process, which is in Appendix C in Section 31.7 of Attachment Y of the ISO OATT, as amended by the ISO to reflect the Generator Deactivation Process. The ISO and the Developer shall finalize the Development Agreement and appendices as soon as reasonably practicable after the ISO’s tendering of the draft Development Agreement. For purposes of finalizing the Development Agreement, the ISO and Developer shall develop the description and dates for the milestones necessary to develop and construct the selected project by the required in-service date identified in the Generator Deactivation Assessment, including the milestones for obtaining all necessary authorizations. Any milestone that requires action by a Connecting Transmission Owner or Affected System Operator identified pursuant to Attachment P of the ISO OATT to complete must be included as an Advisory Milestone, as that term is defined in the Development Agreement. If the ISO or the Developer determines that negotiations are at an impasse, the ISO may file the Development Agreement in unexecuted form with the Commission on its own, or following the Developer’s request in writing that the agreement be filed unexecuted. If the Development Agreement is executed by both parties, the ISO shall file the agreement with the Commission for its acceptance within ten (10) Business Days after the execution of the Development Agreement by both parties. If the Developer requests that the Development Agreement be filed unexecuted, the ISO shall file the agreement at the Commission within ten (10) Business Days of receipt of the request from the Developer. The ISO will draft, to the extent practicable, the portions of the Development Agreement and appendices that are in dispute and will provide an explanation to the Commission of any matters as to which the parties disagree. The Developer will provide in a separate filing any comments that it has on the unexecuted agreement, including any alternative positions it may have with respect to the disputed provisions. Upon the ISO’s and the Developer’s execution of the Development Agreement or the ISO’s filing of an unexecuted Development Agreement with the Commission, the ISO and the Developer shall perform their respective obligations in accordance with the terms of the Development Agreement that are not in dispute, subject to modification by the Commission. The Connecting Transmission Owner(s) and Affected System Operator(s) that are identified in Attachment P of the ISO OATT in connection with the selected transmission Generator Deactivation Solution shall act in good faith in timely performing their obligations that are required for the Developer to satisfy its obligations under the Development Agreement.

  • Quality Agreement Concurrently with execution of this Agreement, the Parties will enter into an agreement that details the quality assurance obligations of each Party with respect to the Manufacture and supply of Supplied Products under this Agreement (the “Quality Agreement”). Each Party shall perform its obligations under the Quality Agreement in accordance with the terms and conditions thereof. In the event of a conflict between the terms of the Quality Agreement and the terms of this Agreement, the provisions of the Quality Agreement shall govern.

  • License Agreement The Trust shall have the non-exclusive right to use the name "Invesco" to designate any current or future series of shares only so long as Invesco Advisers, Inc. serves as investment manager or adviser to the Trust with respect to such series of shares.

  • Marketing Agreement The Company shall have entered into, ------------------- executed and delivered the Marketing Agreement.

  • Collaboration Agreement The Collaboration Agreement shall not have been terminated in accordance with its terms and shall be in full force and effect.

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