OUR DECISION Sample Clauses

OUR DECISION. Upon occurrence of a Pre-Shipment Cause of Loss, You must not continue to perform the Sales Contract nor use the supplies that are still in your possession without our prior written agreement. Upon receipt of your Notification of Claim, we shall decide and notify You (i) either to continue the performance of the Sales Contract, (ii) or to interrupt it. If We notify You to continue the performance of the Sales Contract, You shall continue to perform the Sales Contract and engage, with our previous agreement, further Manufacturing Costs necessary for the performance of the Sales Contract. Such additional Manufacturing Costs will be integrated in the loss calculation and will be indemnified as part of your Pre-shipment Loss; If we notify You to interrupt the performance of the Sales Contract, You shall stop the Sales Contract performance; the Pre-shipment Loss calculation will be made on the basis of Manufacturing Costs already incurred as of the date of receipt of your Notification of Claim.
Sample 1
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Related to OUR DECISION

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Definitions As used in this Agreement:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

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