Takeover of the Goods by the Buyer Sample Clauses

Takeover of the Goods by the Buyer. Duly delivered Goods is considered the delivery of a ball valve in design and with accessories (i.e. including an actuators, if specified) in accordance with the Specifications (Attachments 1, 2, 3 and 4 hereof) to the place and in the time specified in Attachment 1 hereof along with the Documentation according to Article I, paragraph 3, letter b) of this Contract. The Buyer will take over the Goods from the Seller at the agreed place of delivery specified in Attachment 1 hereof. The Takeover of the Goods has to be confirmed in writing in form of a protocol of delivering and taking over the Goods signed by authorized representatives of both Contracting Parties (hereinafter referred to also as the “Takeover Protocol“). The Takeover Protocol must include at least (but not exclusively) the following essentials: business names and registered offices of both Contracting Parties, Buyer’s number of the Contract, name and identification of the delivered Goods (kind, dimensions, specification, total weight of ball valves and their serial numbers), list of all defects found at taking the Goods over by the Buyer, unambiguous declaration of the Buyer on taking the Goods over, date and place of delivery and taking over the Goods in accordance with the Contract, names, positions and signatures of responsible persons and stamps of both Contracting Parties. The Seller shall elaborate the Takeover Protocol in two original counterparts, one of which shall possess each Contracting Party. For the purposes of value added tax, the date of delivery shall be the date of Goods delivery and takeover specified in the Takeover Protocol. Also a proper delivery note can be considered a Takeover Protocol if includes the essentials agreed in paragraph 9.1 of this Article hereof. The Buyer will take over the Goods in the place of their delivery only, if the Seller demonstrated unequivocally in appropriate Documentation compliance with all tests according to the Specifications, i.e. that the Goods possess the required properties specified in the TDC and meets requirements of the Buyer according to this Contract. The Buyer has right to reject and not to take over the Goods: that has been delivered to a place other than agreed place of delivery according to Attachment 1 hereof, and/or that is not specified in delivered Takeover Protocol, and/or
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Takeover of the Goods by the Buyer. 9.1. Duly delivered Goods is considered the delivery of a ball valve in design and with accessories (i.e. including an actuators, if specified) in accordance with the Specifications (Attachments 1, 2, 3 and 4 hereof) to the place and in the time specified in Attachment 1 hereof along with the Documentation according to Article I, paragraph 3, letter b) of this Contract.
Takeover of the Goods by the Buyer. 9.1. The Buyer will take over the Goods from the Seller at the agreed place of delivery specified in respective Partial Contract. The Takeover of the Goods has to be confirmed in writing in form of a protocol of delivering and taking over the Goods, signed by authorized representatives of both Contracting Parties (hereinafter referred to also as the “Takeover Protocol“). The Takeover Protocol has to include at least (but not exclusively) the following essentials: business names and registered offices of both Contracting Parties, Buyer’s number of the Contract, name and identification of the delivered Goods (kind, dimensions, specification, total weight of ball valves and their serial numbers), list of all defects found at taking the Goods over by the Buyer, unambiguous declaration of the Buyer on taking the Goods over, date and place of delivery and taking over the Goods in accordance with the Contract and respective Partial Contract, names, positions and signatures of responsible persons and stamps of both Contracting Parties. The Seller shall elaborate the Takeover Protocol in two original counterparts, one of which shall possess each Contracting Party. For the purposes of value added tax, the date of delivery shall be the date of Goods delivery and takeover specified in the Takeover Protocol.

Related to Takeover of the Goods by the Buyer

  • Takeover Statutes If any Takeover Statute is or may become applicable to the Contemplated Transactions, each of the Company, the Company Board, Parent and the Parent Board, as applicable, shall grant such approvals and take such actions as are necessary so that the Contemplated Transactions may be consummated as promptly as practicable on the terms contemplated by this Agreement and otherwise act to eliminate or minimize the effects of such statute or regulation on the Contemplated Transactions.

  • Split Transactions You can instruct a merchant to charge your Card for part of a purchase and pay any remaining amount with cash or another card. This is called a “split transaction.” Some merchants do not permit split transactions. If you wish to conduct a split transaction, you must tell the merchant the exact amount you would like charged to your Card. If you fail to inform the merchant you would like to complete a split transaction and you do not have sufficient available funds in your Account to cover the entire purchase amount, your Card is likely to be declined.

  • Business Combinations The Company will not consummate a Business Combination with any entity that is affiliated with any Insider unless (i) the Company obtains an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions that the Business Combination is fair to the Company from a financial point of view and (ii) a majority of the Company’s disinterested and independent directors (if there are any) approve such transaction.

  • The Merger On the terms and subject to the conditions set forth in this Agreement, and in accordance with the DGCL (including Section 251(h) of the DGCL), Merger Sub shall be merged with and into the Company at the Effective Time. At the Effective Time, the separate corporate existence of Merger Sub shall cease and the Company shall continue as the surviving corporation (the “Surviving Corporation”).

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