Common use of Useable Material Assessment Clause in Contracts

Useable Material Assessment. Within 10 days of receipt of SiC from Jesperator, C&C shall grade all SiC received from Jesperator according to the specifications set out on Exhibit A. C&C shall provide regular feedback to Jesperator concerning the grading of all SiC. Upon Jesperator’s request and at Jesperator’s expense, SiC not meeting the minimum specifications for useable material shall be returned to Jesperator for analysis. All SiC delivered to C&C and not returned to Jesperator at its expense shall be the property of C&C.

Appears in 4 contracts

Samples: Exclusive Supply Agreement, Exclusive Supply Agreement (Charles & Colvard LTD), Exclusive Supply Agreement (Charles & Colvard LTD)

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