Enhanced Product definition
Examples of Enhanced Product in a sentence
The warranty does not cover any Product which (i) has been misused; (ii) has been subject to unusual stress; (iii) has been altered by Buyer, except in accord with such processes as have been established for the creation of the Enhanced Product; or (iv) has not been stored in accordance with instructions from Seller.
Seller specifically agrees that the Buyer shall have the right to substitute, alter and/or add identifying services, marks, trade names of the Enhanced Product.
During the term hereof, Seller shall manufacture, sell and deliver to Buyer, and Buyer shall purchase, accept from and pay Seller for, one hundred percent (100%) of Buyer's requirements for Product and for incorporation as an integral part of the Enhanced Product which Buyer will resell to Buyer's customers.
Seller will provide Buyer with sufficient technical support to ensure that Buyer may commence use of the Product and Enhanced Product pursuant to this Agreement.
During the term of this Agreement the use of and rights shall be for use on or within wood based products of the Product and Enhanced Product.
All of the Product sold to Buyer by Seller hereunder shall be labeled and packaged by Buyer in such media as Buyer shall see fit, and Buyer may repackage and inventory Product or Enhanced Product containing Product per its customers' orders, provided that the form of any labeling or packaging which refers to the Product shall be subject to the prior written approval of Seller, which approval may not be unreasonably withheld by Seller.
Buyer further agrees and covenants that Buyer shall only use, sell, market or distribute the Product or Enhanced Product for use on or within wood based materials and not for another purpose without the prior written approval of Seller, which may be withheld in Sellers discretion.
Upon termination of this Agreement by Buyer or Seller in accordance with the terms hereof, the Buyer may continue to purchase the Product and use the Product Technology to fulfill all existing customers of Buyer, which shall remain to exclusive customer of Product and Enhanced Product orders of Licensee on date of termination or until Licensee has diminished all of its existing inventory of Licensed Product.
Any and all descriptions of the Product or Enhanced Product to be used in Buyer’s marketing and promotional literature, or in the marketing and promotional literature used by Buyer’s distributors and authorized resellers of the Product or Enhanced Product, shall be subject to the prior written approval of Supplier and Distributor.
If a particular Enhanced Product is not required to undergo the event associated with a particular milestone for an Enhanced Product (“Skipped Milestone”), such Skipped Milestone will be deemed to have been achieved upon the occurrence of the next successive milestone that is achieved with respect to such Enhanced Product (“Achieved Milestone”).