Approved Purchasers definition
Examples of Approved Purchasers in a sentence
It is further understood and agreed that Purchaser and the Approved Purchasers shall have the right to purchase quantities of System Products under this Agreement for resale to others.
Nothing in this Agreement, expressed or implied, is intended or shall be construed to confer upon or give any rights, benefits or obligations to any person, firm, or corporation, other than: (a) the Parties hereto and their respective successors and assigns; and (b) any Approved Purchasers who have submitted a purchase order to Seller and have agreed to be bound by the terms of this Agreement as provided herein.
Purchaser agrees that it shall be responsible for informing Approved Purchasers of their obligations as Purchasers under this Agreement, and for obtaining such Approved Purchasers’ written undertaking to be bound by the obligations of Purchaser hereunder, by requiring them to execute the agreement set forth in Exhibit H, and for providing a copy of such written undertaking to Seller.
In addition, the Company shall be entitled to pledge purchase order receipts from Approved Purchasers and to pledge inventory with respect thereto on a basis senior to the pledge herein provided, to secure the payment of Indebtedness in a maximum principal amount equal to 95% of the principal amount of such purchase orders.
The undersigned will comply with the requirements of the AEM Agreement as they apply to Approved Purchasers and shall be entitled to the rights and benefits of the AEM Agreement as provided therein, except as otherwise specifically agreed in writing by the undersigned and S-A.
The Wireless Feature Fee is above and beyond the actual cost of the Radio Device that Company (or Approved Purchasers) will purchase from the Approved Vendor.
In the event of authorized purchases by Approved Purchasers in accordance with such agreement, the references in this Agreement to ”Purchaser” shall be deemed to include “Approved Purchasers”, and any Approved Purchaser, by placing any purchase order for Products pursuant to this Agreement shall be deemed to have agreed to accept the obligations of Purchaser under this Agreement with respect to such purchase order.
With respect to all Hydrocarbons attributable to the Subject Properties that are not sold under Existing Sales Contracts, Grantor shall sell, or cause to be sold, such Hydrocarbons pursuant to arm's length contracts with Approved Purchasers, containing provisions negotiated by Grantor as a prudent marketer.
The Security Feature Fee is above and beyond the actual cost of the Security Chip that Company (or Approved Purchasers) will purchase from the Approved Vendor.
It is further understood and agreed that Seller shall sell and provide Products to Approved Purchasers who have executed the agreement set forth in Exhibit H.