Purchaser requirements Sample Clauses

Purchaser requirements. Section 313 of the Agreement requires the purchaser to provide the seller with either (a) information to show the jurisdictions to which the advertising and promotional direct mail is delivered to recipients, hereinafter referred to as “jurisdictional information,” or (b) an exemption certificate claiming advertising and promotional direct mail or direct pay permit as the reason for exemption. The purchaser remains obligated to remit any applicable tax on the printed materials delivered to recipients in jurisdictions where the seller is not required to collect, or for any other reason, does not collect and remit the tax to the appropriate jurisdictions. The purchaser is not required to provide the seller with a list of the specific taxing jurisdictions which might exist with respect to any given address or group of addresses. Purchasers may use a reasonable summary or allocation of the jurisdictions to which the “direct mail” is delivered as described in paragraph D below for purposes of sales or use tax reporting. Example: A printer produces 5,000 advertising flyers and is responsible for delivering the flyers to addresses on a mailing list provided by the purchaser. 120 of the flyers are to be delivered to zip code 68516-2205 which is within a city and county imposing a local option sales tax. The purchaser may provide the seller with an allocation, by zip code, of where the 5,000 flyers are being delivered so that the seller can determine the appropriate jurisdictions for sourcing. The allocation would indicate that 120 flyers are to be delivered to zip code 68516-2205. The seller will collect tax according to such allocation. The purchaser is not required to identify for the seller the name of the city, county, and state encompassing zip code 68516-2205.
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Purchaser requirements. (a) Purchaser will deliver its first purchase order under this Agreement not later than June 30, 2000. During the twelve month period beginning on the date of delivery of Purchaser's first purchase order, Purchaser will purchase at least 100,000 kilograms of Product under this Agreement. If Purchaser does not order at least 100,000 kilograms of Product during such twelve month period, then within 30 days of the first anniversary of the date of delivery of Purchaser's first purchase order, Purchaser will pay to Nanophase an amount equal to (i) the price of 100,000 kilograms of Product, determined in accordance with Exhibit B, minus (ii) the aggregate purchase price of Product ordered by Purchaser during the twelve month period beginning on the date of delivery of Purchaser's first purchase order; provided that no such payment shall be due if Nanophase has failed to meet timely its shipment obligations for any month during such year. Shipment will be deemed timely for this purpose if made within two days of the date required by Section 1.05.
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Purchaser requirements. Unless otherwise waived in writing by the Acquired Corporation, the obligations of the Acquired Corporation and the Shareholders under this Agreement are subject to the satisfaction, at or before the Closing Date, of the following conditions:
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Purchaser requirements. Each purchaser must be an "Accredited Investor" as defined in Rule 501 under the Securities Act of 1933.
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Purchaser requirements. 33 10.03 Niagara Mohawk Power Purchase Agreement..........................34 10.04 Amendment........................................................34 10.03 Niagara Mohawk Power Purchase Agreement..........................35 ARTICLE XI - METERING.......................................................35 11.01 Power............................................................35 11.02 Gas..............................................................35 11.03 Industry Standards...............................................36 11.04 Access...........................................................36 11.05 Calibration......................................................37 11.06 Records..........................................................37 11.07 Upgraded Metering................................................37 ARTICLE XII - BILLING AND PAYMENT...........................................37 12.01 Billing..........................................................37 12.02 Payment..........................................................38 12.03 Audit............................................................38 12.04 Nyiso Reimbursement..............................................38 12.05 Offset...........................................................39 *** CONFIDENTIAL TREATMENT REQUESTED *** ii ARTICLE XIII - ELECTRIC TRANSMISSION ARRANGEMENTS...........................39 13.01 Electric Transmission Arrangements...............................39
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Purchaser requirements. Purchaser shall not issue any notices, instructions or schedules inconsistent with this Agreement, any applicable operating policies, criteria and/or guidelines of NERC, NYISO, any other regional or subregional operational and reliability requirements or any other applicable Laws, or that would result in NYISO Directed Operations that are inconsistent with Good Electrical Practices. If Purchaser issues a notice, instruction or schedule in contravention of the preceding sentence, Independence shall have no obligation to comply with such notice, instruction or schedule. Any NYISO Directed Operation that requires Independence to Start-up or Shutdown or otherwise affects the operation of the Facility shall be treated under this Agreement as if such direction had been issued by Purchaser, and Purchaser shall supply Gas as required for Independence to comply with such NYISO order, and Purchaser shall be entitled to all revenues from sales resulting from such NYISO order and Independence shall be entitled to payment in accordance with Article IV (except as specified in Sections 5.05 and 8.02). Independence shall comply with NYISO Directed Operations that are not consistent with Good Electrical Practices only during NYISO system emergencies. In the event that a Party receives notice of a change or proposed change to the NYISO Requirements that would require a Party to take or refrain from taking an action that would be inconsistent with such Party's rights and/or obligations hereunder, the Party receiving notice will promptly notify the other Party to the extent practicable that such NYISO Requirement conflicts with the rights and/or obligations of a Party under this Agreement and the Parties agree to promptly meet and negotiate in good faith an agreement as to how compliance shall be established and maintained, attempting in all events to restore or maintain for each Party as nearly as possible, its respective rights, obligations and benefits under this Agreement provided that such compliance shall not result in significant economic impact to the Parties. The failure of the Parties to reach any such agreement shall not result in termination of this Agreement or relieve any Party of its obligations to make payments in accordance with this Agreement. Subject to any such agreement, Independence and Purchaser shall each comply with all NYISO Requirements and shall deviate (except for the payment of money for which there shall be no deviation) from the provisions of t...
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Related to Purchaser requirements

  • Transfer Requirements No Person to whom any of a Member’s Units are Transferred (including a Permitted Transferee) shall be admitted to the Company as a Member (as limited under certain circumstances in accordance with Section 11.8) unless the following conditions are satisfied or such conditions are waived by the Board of Managers (with only Managers unaffiliated with the transferor having a vote thereon):

  • FINRA Requirements (A) You represent that you are a member in good standing of FINRA, or a non-U.S. bank, broker, dealer, or institution not eligible for membership in FINRA or a Bank.

  • Rule 144 Requirements After the earliest of (i) the closing of the sale of securities of the Company pursuant to a Registration Statement, (ii) the registration by the Company of a class of securities under Section 12 of the Exchange Act, or (iii) the issuance by the Company of an offering circular pursuant to Regulation A under the Securities Act, the Company agrees to:

  • Lender Requirements Contractor agrees to cooperate with Owner and as to any changes in or additions to the foregoing insurance provisions made necessary by requirements imposed by Lender (including additional insured status, notice of cancellation, certificates of insurance), provided that any resulting costs of increased coverage shall be reimbursable by Owner and provided further that no such requirements shall materially adversely affect Contractor’s risk exposure. All policies of insurance required to be maintained pursuant to this Attachment O shall contain terms and conditions reasonably acceptable to Owner after consultation with Lender. Execution Version

  • Securities Law Requirements If at any time the Board or Committee determines that issuing Stock pursuant to this Agreement would violate applicable securities laws, the Corporation will not be required to issue such Stock. The Board or Committee may declare any provision of this Agreement or action of its own null and void, if it determines the provision or action fails to comply with applicable securities laws. The Corporation may require Participant to make written representations it deems necessary or desirable to comply with applicable securities laws.

  • Other Requirements AVIF will require that each Participating Insurance Company and Participating Plan enter into an agreement with AVIF that contains in substance the same provisions as are set forth in Sections 4.1(b), 4.1(d), 4.3(a), 4.4(b), 4.5(a), 5, and 10 of this Agreement.

  • Requirements At its own expense, Supplier must maintain insurance policy(ies) in effect at all times during the performance of this Contract with insurance company(ies) licensed or authorized to do business in the State of Minnesota having an “AM BEST” rating of A- or better, with coverage and limits of insurance not less than the following:

  • Authority Requirements During the Compliance Period, the following provisions shall apply.

  • Securities Laws Requirements The Company shall not be obligated to transfer any Common Stock to the Participant free of the restrictive legend described in Section 4 hereof or of any other restrictive legend, if such transfer, in the opinion of counsel for the Company, would violate the Securities Act of 1933, as amended (the "Securities Act") (or any other federal or state statutes having similar requirements as may be in effect at that time).

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