Used Products definition

Used Products means: (1) ORA valves that remain in the patient at the conclusion of the procedure; (2) any Products that have been opened, but not deployed (unless there is a manufacturing defect or shipping damage); (3) Products that are lost; and (4) Products that are improperly stored or damaged by the Buyer.
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Used Products means Products that satisfy the conditions as follows: (a) Products that are used trucks, trailers, light-duty and heavy-duty equipment, with either more than one-hundred (100) hours logged on or associated with such Products or whose original invoices are dated more than twelve (12) months as measured against the date of the original manufacturer's invoice for such Products and that (i) are acquired by DEALER as a trade or exchange in connection with Inventory financed by BMO, or (ii) have been previously sold at retail or registered in any province with the appropriate provincial authorities in accordance with applicable provincial law (including federal laws applicable therein), and (b) Products must be in good physical and mechanical condition and are subject to BMO’s prior approval.
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Examples of Used Products in a sentence

  • Proof of purchase may be required for New or Used Products to receive coverage under this Agreement.

  • Used Products are sold as is and you are deemed to be aware of this condition.

  • See also Section 3.3.13, Proper Disposal of Spent or Used Products.

  • Within fifteen (15) business days after receipt of the written notice by the Customer giving notice of its firm intention to offer the Used Products for the purpose of being recycled, Supplier shall notify the Customer that it has a firm intention to exercising its Right of First Refusal.

  • PRE-EXISTING CONDITION(S): defects, broken or failed parts, on Used Products which were present on the purchase date of the Product and the Agreement.

  • Used Products are not eligible for any Incentive under this Program.

  • For Used Products: Used Agreements may only be purchased on the same date the Used Product is purchased.

  • All Products are the property of ORA until they become Used Products, at which time they become the property of the Buyer.

  • Used Product(s) are not eligible for any Rebate under this Program.

  • This Credit Facility is being made available by BMO for purposes of financing the acquisition of New Products to be held as Inventory and, within the Credit Facility, the Used Product Sub-line is being made available by BMO for purposes of financing the acquisition of Used Products to be held as Inventory and the USD Sub-line is being made available by BMO for purposes of financing the acquisition of Products to be held as Inventory.