PURCHASE OF INVENTORY UPON TERMINATION Sample Clauses

PURCHASE OF INVENTORY UPON TERMINATION. In the event of the termination of this Agreement for any reason other than under section 12.2 (E), Select Comfort shall purchase from Supply Partner a) all finished inventory of such Parts (including Safety Stock) that conforms to the then current Specifications provided in Schedule B at the then current prices specified in Schedule A; b) XXXX days raw materials purchased by Supply Partner that are exclusive to the Parts purchased by Select Comfort provided that the quantity of such raw materials are consistent with both the then-current baseline Forecast and then at a price equal to the cost incurred by the Supply Partner in purchasing said raw materials; and c) all Parts that are in a state of work-in-process to the extent that the quantity of such work-in-process is consistent with the then current baseline Forecast and then at a price equal to Supply Partner’s cost in producing such work-in-process and not to exceed the prices for the Parts specified in the then-current Schedule A. Select Comfort shall not be obligated to purchase any inventory, raw materials or work-in-process to the extent such inventory, raw materials or work-in-process is in excess of that required to support Select Comfort’s volume requirements including Safety Stock as reflected in the most current Forecast. In no event shall Select Comfort be obligated to purchase any Parts, inventory, raw materials or work-in-process that does not comply with the then current Specifications. At Select Comfort's election, Select Comfort may ask Supply Partner to legally dispose, at Select Comfort's expense, of any Parts required to be purchased by Select Comfort under this section in lieu of taking delivery of such purchased Parts. In such case, Select Comfort shall remain obligated, if at all, to Supply Partner as if it had taken possession of the Parts so disposed. [Portions of this Section have been omitted pursuant to a request for confidentiality under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. The confidential portions of this Section that have been omitted are marked with “XXXX”. A copy of this Exhibit with all sections intact has been filed separately with the Securities and Exchange Commission.]
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PURCHASE OF INVENTORY UPON TERMINATION. Upon the termination of this Agreement at or prior to the expiration of the term hereof, DLM shall purchase from Impress at cost, all of Impress’ inventories purchased or produced in connection with this Agreement, provided that the volumes of such inventories are consistent with forecasts given by DLM in accordance herewith or with requests that DLM has otherwise made of Impress.

Related to PURCHASE OF INVENTORY UPON TERMINATION

  • Delivery upon Termination Upon termination of Manager's employment with the Company for any reason, Manager shall promptly deliver to the Company all correspondence, files, manuals, letters, notes, notebooks, reports, programs, plans, proposals, financial documents, and any other documents or data concerning the Company's or any affiliate’s customers, database, business plan, marketing strategies, processes or other materials which contain Confidential Information, together with all other property of the Company or any affiliate in Manager's possession, custody or control. ARTICLE SIX

  • Deliveries Upon Termination Upon termination of this Agreement, ALPS agrees to cooperate in the orderly transfer of distribution duties and shall deliver to the Fund or as otherwise directed by the Fund (at the expense of the Fund) all records and other documents made or accumulated in the performance of its duties for the Fund hereunder. In the event ALPS gives notice of termination under this Agreement, it will continue to provide the services contemplated hereunder after such termination at the contractual rate for up to 120 days, provided that the Fund uses all reasonable commercial efforts to appoint such replacement on a timely basis.

  • Payment Upon Termination Termination of this Agreement shall not affect the right of the Adviser to receive payment on any unpaid balance of the compensation described in Section 2 earned prior to such termination.

  • Events Upon Termination Upon the expiration or termination of this Agreement for any reason, both parties shall immediately remove all links to the other party's Content and website(s) and cease all use of the other party's Marks and any and all use of any kind whatsoever of the other party's Content.

  • Payments Upon Termination (a) In the event the Employee’s employment is terminated pursuant to Section 4.1, Section 4.2, Section 4.4 or Section 4.6, the Company shall pay to the Employee the compensation and benefits otherwise payable to him or her under Sections 3.1 and 3.4 through the last day of his or her actual employment by the Company.

  • Delivery of Materials upon Termination of Employment As requested by the Company from time to time and upon the termination of Executive's employment with the Company for any reason, Executive shall promptly deliver to the Company all copies and embodiments, in whatever form, of all Confidential Information and Intellectual Property in Executive's possession or within his control (including, but not limited to, written records, notes, photographs, manuals, notebooks, documentation, program listings, flow charts, magnetic media, disks, diskettes, tapes and all other materials containing any Confidential Information or Intellectual Property) irrespective of the location or form of such material and, if requested by the Company, shall provide the Company with written confirmation that all such materials have been delivered to the Company.

  • Rights Upon Termination Except as expressly provided in Section 6, upon the termination of the Executive’s Employment pursuant to this Section 5, the Executive shall only be entitled to the compensation, benefits and reimbursements described in Sections 2, 3 and 4 for the period preceding the effective date of the termination. The payments under this Agreement shall fully discharge all responsibilities of the Company to the Executive.

  • Survival Upon Termination If this Agreement is terminated pursuant to this Article 11, such termination will be without any further liability or obligation of any party hereto, except as provided in Section 6.4, Section 7.3, Section 7.7, Article 10, Section 11.5 and Section 11.6.

  • Actions Upon Termination Upon the termination of this Agreement, Issuer shall remove all references to any ODB Name, Branding and Content from the Issuer Site or Issuer Content and terminate all links on the Issuer Site to any ODB Site. ODB shall remove all references to Issuer Name, Branding and Content and terminate all links on the ODB Site to any Issuer Site. Each Party shall promptly return all Confidential Information, documents, manuals and other materials stored in any form or media (including but not limited to electronic copies) belonging to the other Party, except as may be otherwise provided in this Agreement or required by Law.

  • Procedure Upon Termination In the event of termination by Buyer or Seller, as applicable, pursuant to Section 6.1 hereof, written notice thereof shall forthwith be given to the other party and the transactions contemplated by this Agreement shall be terminated without further action by Buyer or Seller. If the transactions contemplated by this Agreement are so terminated:

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