Purchased Parts definition

Purchased Parts means parts purchased by Borrower or a Secured Guarantor from a third-party supplier or a Foreign Subsidiary which are used for assembly.
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Purchased Parts means parts purchased by Borrower or a Secured Guarantor from a third-party supplier or a Foreign Subsidiary which are used for assembly. "QUALIFIED ASSIGNEE" means (a) any Lender, any Affiliate of any Lender and, with respect to any Lender that is an investment fund that invests in commercial loans, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor, and (b) any commercial bank, savings and loan association or savings bank or any other entity which is an "accredited investor" (as defined in Regulation D under the Securities Act or 1933) which extends credit or buys loans as one of its businesses, including insurance companies, mutual funds, lease financing companies and commercial finance companies, in each case, which has a rating of BBB or higher from S&P and a rating of Baa2 or higher from Xxxxx'x at the date that it becomes a Lender and which, through its applicable lending office, is capable of lending to Borrower without the imposition of any withholding or similar taxes; PROVIDED that no Person determined by Agent to be acting in the capacity of a vulture fund or distressed debt purchaser shall be a Qualified Assignee and no Person or Affiliate of such Person (other than a Person that is already a Lender) holding Subordinated Debt or Stock issued by any Credit Party shall be a Qualified Assignee.
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Purchased Parts means new raw materials purchased by Borrower in the ordinary course of its business to be used in the production of finished goods.
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Examples of Purchased Parts in a sentence

  • It is to be applied to the Purchased Parts group of goods (integrally cast and assembly parts, cast parts).

  • Explanation of APQP activities are outlined in Section 4.• Have a system to conduct a supplier assessment (rating) and monitoring system of their supply base.• Provide adequate resources to ensure continued compliance to this manual, supply agreements and other purchasing contract requirements.• Be familiar with product SC/CC requirements as indicated in the Purchased Parts Specifications (PPS).• Agree to Autoneum periodic requalification requirements.

  • Purchased Parts: Provide a consolidated priced summary of individual material quantities included in the various tasks, orders, or contract line items being proposed and the basis for pricing.

  • Agreements about the set targets are made within the Agreement about Quality Requests for Purchased Parts.

  • Purchased Parts - Small and/or low-cost machined or sheet metal parts, mechanical, hydraulic, pneumatic, or electrical aircraft parts, i.e., electrical connectors, hydraulic valves, coax cables, rigging wire, consumables, limited shelf-life items, etc.

  • Before being purchased by ILS Acquisition, Defendant Purchased Parts Group was a corporation in the business of providing supply chain management services for production components.On January 1, 2002, Morgan entered into a two-year contract with Purchased Parts for the supply of fasteners.

  • Morgan and Purchased Parts had agreed that upon termination of the contract, Purchased Parts would be required to supply sixty days’ usage of standard parts and ninety days’ usage of non-standard parts to Morgan.

  • If there are requirements on the part of customers of company GUMOTEX, a.s. for any different control systems it is necessary to stipulate it in the Agreement on Quality Requirements for Purchased Parts (see Annexes).

  • Supplier warrants to the original Customer that Products (including Purchased Parts) will be free from defects in material and workmanship, under normal use and service, for [*] from the installation date, or for [*] from date of shipment by Supplier for Replacement Parts.

  • DPPM Number of Pieces Rejected 1,000,000 Number of Pieces Received  DESIGNATED QUALITY REPRESENTATIVE (DQR):A supplier representative (employee) approved by UTAS to perform Source inspection, corrective action and related duties (formerly referred to as DSQR’s). SUPPLIER SOURCE INSPECTION (SSI)Supplier Source Inspection (SSI) is an internet web-based method to communicate to Suppliers, SQARs and others; current contractual requirements for Purchased Parts.

Related to Purchased Parts

  • Purchased Property As defined in Section 2.01(a) of the Pooling Agreement.

  • Seller Use means fuel used for gas compression, LPG plants and LNG plants, other gas needed by Seller's facilities to furnish the requirements of Buyers, together with unaccounted for gas. This gas shall be considered Included In Priority of Service Category 1. Other vital uses of Seller, such as flame stabilization requirements, will be met as long as such uses do not jeopardize service to its firm service Buyers.

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Seller Released Parties has the meaning ascribed to such term in Section 5.6(a).

  • Purchased Services means Services that You or Your Affiliate purchase under an Order Form, as distinguished from those provided pursuant to a free trial.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Other Sellers shall have the meaning set forth in Section 10.4.

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Seller Affiliate means any Affiliate of Seller.

  • Seller has the meaning set forth in the Preamble.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Released Parties means: Defendant and each of its former and present directors, officers, shareholders, owners, members, attorneys, insurers, predecessors, successors, assigns, subsidiaries, and affiliates.

  • Sold Assets has the meaning set forth in Section 2.01(b).

  • Released Party means collectively, and in each case in its capacity as such:

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • Ancillary equipment means any device including, but not limited to, such devices as piping, fittings, flanges, valves, and pumps, that is used to distribute, meter, or control the flow of hazardous waste from its point of generation to a storage or treatment tank(s), between hazardous waste storage and treatment tanks to a point of disposal onsite, or to a point of shipment for disposal off-site.

  • Purchased Intellectual Property has the meaning set forth in Section 1.2(g).

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Seller Entities means the Seller and its affiliates other than the Buyer Entities;

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • Buyer Parties has the meaning set forth in the Preamble.

  • Purchaser/ User means ultimate recipient of goods and services