Examples of Refining Services in a sentence
Unless otherwise set forth in the Agreement, the price of Goods and Refining Services excludes all taxes, duties, fees, and other charges, which are the responsibility of Customer.
Umicore’s maximum liability on any claim arising out of or resulting from the: (i) sale of Goods will not exceed the purchase price of the Goods for which any such claim is made, not to include the value of the Metal; (ii) Refining Services will not exceed the aggregate amounts paid to Umicore with respect to the materials for which any claim is made; and (iii) Metal Account transactions will not exceed the value of the aggregate net quantity of Metal properly credited to such Metal Account.
Umicore may, from time to time, credit or debit quantities of Metal to a Metal Account to reflect any transaction agreed upon by the parties, including, without limitation, the: (i) acceptance or release of Metal delivered from, to, or on behalf of Customer; (ii) purchase or sale of Metal from or to Umicore; (iii) settlement of Refining Services with Customer; or (iv) transfer of Metal from or to another Metal Account.
Umicore may refuse to provide Refining Services for the lot of Refining Materials upon conducting Evaluations of the full lot, regardless of any previously inspected samples.
Customer acknowledges and agrees that Refining Materials are required to provide the Refining Services, and, to the extent that Customer fails to provide such Refining Materials, Umicore will be relieved of its obligations under the Agreement.
Unless otherwise agreed to in writing, Umicore reserves the right to provide Refining Services to all Refining Materials after completing Evaluations.
All intellectual property rights, including, without limitation, copyrights, patents, trademarks, trade secrets, know-how, and other sensitive, proprietary, or confidential information, associated with or relating to the Refining Services will remain the property of Umicore.
Upon an Event of Default, Umicore may, in its sole discretion and without limiting its other remedies: (i) cancel further orders and deliveries of Goods to Customer; (ii) cancel or cease performance of Refining Services; (iii) close Customer’s Metal Account(s); (iv) terminate all agreements with Customer, including, without limitation, forward contracts; and (v) setoff any amounts, whether or not matured or liquidated, owed by Customer to Umicore under any closed Metal Account or terminated agreement.
If Customer’s creditworthiness changes, then Umicore may demand advance payment for the Goods and Refining Services or other means of financial security, including a letter of credit.
Unless otherwise set forth in the Agreement, Customer shall pay for Goods and Refining Services within thirty (30) days after the date of the applicable invoice.