Voluntary Product Regulation Sample Clauses

Voluntary Product Regulation. 4.1) Distributors are prohibited from forcing their down-lines or consumers to purchase products. There should not be any sort of monetary/materialistic dealings for the purpose of distributorship registration or withdrawal, and unreasonable purchasing or unwanted selling of products for reasons other than pure consumption. The practice of “product hoarding” is disallowed.
Sample 1
AutoNDA by SimpleDocs
Voluntary Product Regulation. 4.1 Members are prohibited from forcing their down-lines or consumers to purchase products. There should not be any sort of monetary/materialistic dealings for the purpose of membership registration or withdrawal, and unreasonable purchasing or unwanted selling of products for reasons other than pure consumption. The practice of “product hoarding” is disallowed.
Sample 1

Related to Voluntary Product Regulation

  • Labeling Upon request, Lessee will xxxx the Equipment indicating Lessor's interest with labels provided by Lessor. Lessee will keep all Equipment free from any other marking or labeling which might be interpreted as a claim of ownership.

  • Product Recall (a) If a recall is required by applicable Law, or if Buyer or Supplier reasonably determines that a recall is advisable because the goods may create a potential safety hazard, are not in compliance with any applicable code, standard or legal requirement, or contain a defect or non-conformance with the requirements of this Order occurring or likely to occur in multiple goods, which such defects or non-conformances are substantially similar or have substantially similar causes or effects (collectively a “Serial Defect”), the parties shall promptly communicate such facts to each other. At Buyer’s request, Supplier shall promptly develop a corrective action plan satisfactory to Buyer, which shall include all actions required to recall and/or repair the goods and any actions required by applicable Law (“Corrective Action Plan”) for Buyer’s review and approval. At Buyer’s election, Xxxxx may develop the Corrective Action Plan. In no event shall Buyer and Supplier’s failure to agree on the Corrective Action Plan delay the timely notification of a potential safety hazard, non-compliance or Serial Defect to users of the goods, cause either party to be non-compliant with applicable Law or prevent Buyer from taking reasonable actions to prevent injury or damage to persons, equipment or other property. Supplier and Buyer shall cooperate with and assist each other in any corrective actions and/or filings, if applicable.

Time is Money Join Law Insider Premium to draft better contracts faster.