Responsibility for Inventory Sample Clauses
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Responsibility for Inventory. Borrower shall be liable and responsible for: (A) the safekeeping of Inventory; (B) any loss, damage or destruction to the Inventory occurring or arising in any manner or fashion; (C) any diminution in the value thereof; or (D) any act or event of default of any carrier, warehouseman, bailee or forwarding agency thereof or any other Person.
Responsibility for Inventory. LICENSEE will be solely responsible for and assume all costs and liabilities related to the quality of the goods and services bearing the Licensed Marks and conformance of use of the Licensed Marks with all applicable laws, rules, regulations, standards, and DCG CSD policies related to marketing, production, distribution, copyright, and trademark. LICENSEE will be solely responsible for the payment and discharge of any taxes or duties relating to any transactions of LICENSEE in connection with the manufacture, use, or distribution of good and services containing the Licensed Marks.
Responsibility for Inventory. 26 7. Equipment........................................................... 26 7.1 Representations, Warranties and Covenants................... 26 7.2
Responsibility for Inventory. Subject to the other terms of this Section 3, OptiNose is financially responsible under the conditions provided in this Agreement for all Inventory purchased by VTM under this Section 3 that can only be used for manufacturing the DSAs. VTM agrees to maintain sufficient level of Inventory to manufacture the DSAs in accordance with the Forecast and Purchase Orders and the terms of this Agreement; provided, that in the event such Inventory is not used in connection with the manufacture of DSA then VTM shall use [***] to return or utilize such Inventory and if they are unable to do so OptiNose shall reimburse VTM for such Inventory, as the case may be.