Trade Inventory. 25.1 You must equip the Property with a Trade Inventory of items of a suitable quantity, quality and design as is appropriate for the needs of the Business and You must maintain it in good clean and tidy condition and replace items when necessary.
Trade Inventory. 30.1 You must equip the Property with a suitable Trade Inventory as is needed to operate the Business effectively and must provide any additional items as necessary throughout the Term.
Trade Inventory. Between the Execution Date and the First Closing, Seller shall use Commercially Reasonable Efforts to distribute Products to its wholesalers and other customers in quantities such that the volume of Products in the marketplace (including such amounts held by distributors, wholesalers, retailers and customers) remains at levels consistent with the levels established during the two (2) years preceding the Execution Date.
Trade Inventory. Since November 1, 2002 Lilly has not sold Product to wholesalers in amounts materially exceeding amounts sold in the ordinary and usual course consistent with past practice. Implied Warranties. EXCEPT AS EXPRESSLY PROVIDED IN THIS ARTICLE 4 AND ARTICLE 6 OF THE MANUFACTURING AGREEMENT, LILLY MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, EITHER IN FACT OR BY OPERATION OF LAW, BY STATUTE OR OTHERWISE, AND LILLY SPECIFICALLY DISCLAIMS ANY AND ALL IMPLIED OR STATUTORY WARRANTIES, INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY, WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE AND WARRANTY OF NON-INFRINGEMENT. REPRESENTATIONS AND WARRANTIES OF XXXXX As of the Effective Date, and for purposes of Section 7.2(a) as of the Closing Date, the following representations and warranties are made by Xxxxx: Organization and Standing. Xxxxx represents and warrants that Xxxxx is a company duly organized, validly existing, and in good standing under the laws of the Republic of Ireland.
Trade Inventory. 30.1 Until purchased by the Tenant the trade inventory shall remain the property of the Landlord but the Tenant will be entitled to use it for all reasonable purposes connected with the running of the Business of licensed victualler from the Property and the Tenant shall keep and maintain the trade inventory in good repair and condition at all times.
