Used Material Sample Clauses

Used Material. (i) Used Material in sound and serviceable condition and suitable for reuse without reconditioning shall be priced as follows: A. used Material furnished by either Participant shall be priced at seventy-five percent (75%) of the New Price; B. used Material distributed to either Participant shall be priced (i) at seventy-five percent (75%) of the New Price if such Material was originally charged to the Business Account as new Material, or (ii) at sixty-five percent (65%) of the New Price if such Material was originally charged to the Business Account as good used Material at seventy-five percent (75%) of the New Price. (ii) Other used Material that, after reconditioning, will be further serviceable for original function as good secondhand Material, or that is serviceable for original function but not substantially suitable for reconditioning, shall be priced at fifty percent (50%) of New Price. The cost of any reconditioning shall be borne by the transferee. (iii) Bad-Order Material which is no longer usable for its original purpose without excessive repair cost but further usable for some other purpose shall be priced on a basis comparable with items normally used for that purpose. (iv) All other Material, including junk, shall be priced at a value commensurate with its use or at prevailing prices.

Used Material. (a) Material which is in sound and serviceable condition and is suitable for reuse without reconditioning shall be priced at seventy-five percent (75%) of the current market value of new Material. (b) Material which, after being reconditioned, will be further serviceable for its original function shall be priced at fifty percent (50%) of the current value of new Material. (c) Used Material which cannot be classified as (a) or (b) above shall be priced by the Parties through discussions at a value commensurate with its use. (d) If the Operator wishes to use a method other than the above for pricing used Material, such other method shall be agreed upon in advance by the Parties through consultations.

Used Material. (a) Material which is in sound and serviceable condition and is suitable for reuse without reconditioning shall be priced by the Parties, and the ceiling price shall not exceed seventy-five percent (75%) of the current market value of new Material. (b) Material which, after being reconditioned, will be further serviceable for its original function shall be priced by the Parties, and the ceiling price shall not exceed fifty percent (50%) of the current value of new Material. (c) Used Material which cannot be classified as (a) or (b) above shall be priced by the Parties through discussions at a value commensurate with its use. (d) If the Operator wishes to use a method other than the above for pricing used Material, such other method shall be agreed upon in advance by the Parties through consultations.

Used Material. 1. Used material in sound and serviceable condition and suitable for reuse shall be priced at seventy-five percent (75%) of the current price of new material as determined in Paragraph 2A above. 2. Used material which cannot be classified as being in a sound and serviceable condition and which is no longer suitable for its original purpose, but usable for some other purpose, shall be priced on the basis comparable with that of items normally used for such other purpose, 3. Premium Prices Whenever material is not readily obtainable at the prices contemplated by a Partner for a project (which project has received all necessary approvals as provided in this Agreement) because of national emergencies, strikes or other unusual causes over which such Partner has no control, such Partner may charge for the required material at the premium price (including the cost of making it suitable for use and of moving it to the System), provided that further approval therefor has been obtained from the Management Committee.

Used Material. When the use of material is temporary and its service to the Joint Property does not justify the reduction in price, such material shall be priced on a basis that will leave a net charge to the Joint Account consistent with the value to the Venture.

Used Material. A. Used material which is in sound and serviceable condition and suitable for reuse - at seventy-five percent (75%) of current new price or at such lesser amount as is agreed upon by the parties. B. Used material which cannot be classified as being in a sound and serviceable condition and which is no longer suitable for its original purpose, but usable for some other purpose - at a price comparable with that of items normally used for such other purpose, or at such lesser amounts as is agreed upon by the parties. C. Junk material, being obsolete and scrap material - at prevailing prices.

Used Material. (i) Used Material in sound and serviceable condition and suitable for reuse without reconditioning shall be priced as follows: A. used Material furnished by either Participant shall be priced at 75% of the New Price for such Material; B. used Material distributed to either Participant shall be priced (1) at 75% of the New Price for such Material, if such Material was originally charged to the Business Account as new Material, or (2) at 65% of the New Price for such Material if such Material was originally charged to the Business Account as good used Material at 75% of the New Price; (ii) Other used Material that, after reconditioning will be further serviceable for original function as good secondhand Material, or that is serviceable for original function but not substantially suitable for reconditioning, shall be priced at 50% of the New Price for such Material. The cost of any reconditioning shall be borne by the transferee. (iii) All other Material, including junk, shall be priced at a value commensurate with its use or at prevailing prices. Material no longer suitable for its original purpose but usable for some other purpose shall be priced on a basis comparable with items normally used for such other purposes.

Used Material. (i) Used Material in sound and serviceable condition and suitable for reuse without reconditioning shall be priced at seventy-five percent (75%) of the New Price. (i) Other Used Material which, after reconditioning will be further serviceable for original function as good secondhand Material, or which is serviceable for original function but not substantially suitable for reconditioning shall be priced at fifty percent (50%) of New Price. The cost of any reconditioning shall be borne by the transferee. (ii) All Other Material, including junk, shall be priced at a value commensurate with its use or at prevailing prices. Material no longer suitable for its original purpose but usable for some other purpose shall be priced on a basis comparable with items normally used for such other purposes.

Used Material. (i) Used Material which is in sound and serviceable condition and is suitable for re-use without reconditioning must be classed as Condition B Material and priced at 75% of Current New Price. (ii) Used Material which cannot be classified as Condition B but which after reconditioning will be further serviceable for original function as good second-hand Material is to be classified as Condition B Material. (iii) Used Material which is serviceable for original function but substantially not suitable for reconditioning, must be classified as Condition C Material and priced at 50% of Current New Price. Corrs Xxxxxxxx Westgarth

Used Material. (i) Material which is in sound and serviceable condition and is suitable for re-use without reconditioning shall be classed as Condition B Material and priced at [#]% of current new price; Xxxxxxx + Xxxxx page | 100 (ii) Material which cannot be classified as Condition B but which: (A) after reconditioning will be further serviceable for original function as good secondhand Material shall be classified as Condition B Material and to which clause 3.2(b)(i) shall apply; or (B) is serviceable for original function but substantially not suitable for reconditioning, shall be classified as Condition C Material and priced at [#]% of current new price. (iii) There may also be cases where some items of Material, due to their unusual condition, may be fairly and equitably priced by the Manager, subject to approval of all Participants. Current new price, wherever used in this clause 3.2, shall be the price FOB the nearest reputable supply store or railway receiving point, where such Material is available at current replacement costs of the same kind of Material.