Subsequent Demand for Excess Materials Inventory Sample Clauses

Subsequent Demand for Excess Materials Inventory. If demand for Contractor’s products (including but not limited to Company’s Purchase Orders) develops during the subsequent six-month period following the determination that excess Materials inventory exists which would consume all or a portion of the excess Materials, Contractor shall use the excess Materials inventory to fulfill such product demand. In this case, Contractor agrees to purchase back Company owned excess Materials needed to fulfill the new demand at the same price Company paid Contractor as defined in paragraph 8.4.5 above before placing its purchase orders for new Materials with suppliers. Contractor understands and agrees that Company has the right to develop and institute special sales programs that are designed to create demand for such excess Materials during the subsequent six-month period. If no demand develops for any or all of the excess Materials during the subsequent six (6) month period after the determination that excess Materials inventory exists, Contractor, with Company’s approval, shall take steps to sell the excess Materials inventory or reclaim any precious metals from the excess Materials inventory owned in total by Company and Contractor. Contractor shall seek Company’s approval of the sale or reclamation of such inventory, and Company must agree in writing prior to the sale or reclamation activity. In the case where Contractor sells or reclaims the precious metals from the excess Materials inventory, Contractor will reimburse Company for 50% of the proceeds from such sale or reclamation activity.
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Related to Subsequent Demand for Excess Materials Inventory

  • Offering Materials Furnished to Cowen The Company has delivered to Cowen one complete copy of the Registration Statement and a copy of each consent and certificate of experts filed as a part thereof, and conformed copies of the Registration Statement (without exhibits) and the Prospectus, as amended or supplemented, in such quantities and at such places as Cowen has reasonably requested.

  • Product Specifications The Company agrees that all Products sold to Xxxx hereunder shall conform to the respective specifications set forth on Schedule A or to such other specifications as are from time to time agreed upon by the Parties.

  • Testing-the-Waters Materials If at any time following the distribution of any Written Testing-the-Waters Communication there occurred or occurs an event or development as a result of which such Written Testing-the-Waters Communication included or would include an untrue statement of a material fact or omitted or would omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances existing at that subsequent time, not misleading, the Company will promptly notify the Representatives and will promptly amend or supplement, at its own expense, such Written Testing-the-Waters Communication to eliminate or correct such untrue statement or omission.

  • Remaining Inventories Xencor shall have the right to purchase from MorphoSys (or its Affiliate) all of the inventory of Licensed Products held by MorphoSys (or its Affiliate) as of the effective date of termination at a price equal to MorphoSys’ (or its Affiliate’s) fully burdened manufacturing cost, determined in accordance with GAAP.

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Inventories The Operator shall maintain detailed records of Controllable Material.

  • Offering Materials Furnished to Underwriters The Company has delivered to the Representatives three complete conformed copies of the Registration Statement and of each consent and certificate of experts filed as a part thereof, and conformed copies of the Registration Statement (without exhibits) and preliminary prospectuses and the Prospectus, as amended or supplemented, in such quantities and at such places as the Representatives have reasonably requested for each of the Underwriters.

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