Common use of Rotation of Stock Clause in Contracts

Rotation of Stock. Distributor shall rotate its stock of saline breast implants on a first-in/first-out basis of shelf life based on the time of receipt from Supplier. For any given size, the oldest saline breast implants in Distributor’s stock will be dispatched first and the most recently received saline breast implants in any size will be sold last.

Appears in 2 contracts

Samples: Non Exclusive Distribution Agreement (Medicor LTD), Non Exclusive Distribution Agreement (Medicor LTD)

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Rotation of Stock. Distributor shall rotate its stock of saline breast implants on a first-in/first-out basis of shelf life based on the time of receipt from Supplier. For any given size, the oldest saline breast implants in Distributor’s 's stock will be dispatched first and the most recently received saline breast implants in any size will be sold last.

Appears in 1 contract

Samples: Non Exclusive Distribution Agreement (Heritage Worldwide Inc)

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Rotation of Stock. Distributor shall rotate its stock of saline breast implants on a first-in/first-out basis of shelf life based on the time of receipt from Supplier. For any given size, the oldest saline breast implants in Distributor’s stock will be dispatched first and the most recently received saline breast implants in any size will be sold last.. * * * Confidential Treatment Requested

Appears in 1 contract

Samples: Non Exclusive Distribution Agreement (Medicor LTD)

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