Substitute Goods definition

Substitute Goods means Goods of equivalent price and quality that we may in our absolute discretion supply to fulfil your Order in the event that any ordered Goods are unavailable. Any supply of Substitute Goods will always be subject to your right to cancel your Order and return the Substitute Goods to us at our expense, as set out at clause 6.3.
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Substitute Goods means Goods of a similar character or which perform a similar function, the cost of which may be more or less than the Goods it is intended to substitute; Supplier Background IPR means all IPR owned by or licensed to the PSP, or developed by or on behalf of the PSP, in either case independently of this Agreement; Term means the period from the Commencement Date to:
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Substitute Goods means products of a higher price and quality which are supplied to the Customer by the Supplier in accordance with clause 3.5.
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Examples of Substitute Goods in a sentence

  • Substitute Goods or MaterialGoods or materials may be specified or described in the Procurement Documents by using the name of a proprietary item or the name of a particular manufacturer, fabricator, supplier or distributor.

  • For example, electricity, water, petrol, coal, etc.(iv) Substitute Goods: Commodities that are close substitute are more elastic in demand while commodities that are not close substitute are more inelastic.(v) Income Group: Elasticity of demand for high income group is less elastic while it is elastic for low income group.

  • Substitute Goods and/or Services will not be accepted without the Purchaser’s prior written authority.

  • Market price is to be determined as of the place for tender or, in cases of rejection after arrival or revocation of acceptance, as of the place of arrival.46 § 2-712 “Cover”; Buyer’s Procurement of Substitute Goods (1) After a breach within the preceding section the buyer may “cover” by making in good faith and without unreasonable delay any reasonable purchase of or contract to purchase goods in substitution for those due from the seller.

  • In No Event Will Level Up Labs (Including Its Officers, Directors, Employees, Or Agents) Nor Its Affiliates Be Liable For Direct, Indirect, Incidental, Special, Exemplary, Or Consequential Damages (Including But Not Limited To Lost Profits, Loss Of Business, Procurement Of Substitute Goods Or Services, Loss Of Use Or Loss Of Data, Or Business Interruption) However Caused And On Any Theory Of Liability, Whether In Contract, Strict Liability, Or Tort Arising In Any Way Out Of Purchase Or Use Of The Game.

  • Substitute Goods will not be accepted without Golding’s prior written approval.

  • Availability of Substitute: Goods having close substitutes will have an elastic demand and goods with no close substitutes will have an inelastic demand.

  • Substitute Goods: If We cannot supply the Goods ordered by You, We may supply alternate Goods of equal or superior quality provided however that You will not pay a higher price than the price Quoted or otherwise agreed for the Goods ordered.

  • Tokuro MATSUO, Takayuki ITO, "A Group Formation Support System based on Substitute Goods in Group Buying", Systems and Computers in Japn , John Wiley & Sons, Oct.

  • Substitute Goods: In economics, one kind of good (or service) is said to be a substitute good for another kind in so far as the two kinds of goods can be consumed or used in place of one another in at least some of their possible uses.

Related to Substitute Goods

  • Substitute care means the out-of-home placement of a child or young adult who is in the legal or physical custody and care of the Department.

  • Substitute caregiver means any person other than the licensee, resident manager, floating resident manager, or shift caregiver who provides care and services in an AFH under the jurisdiction of the Department.

  • Substitute Check means a paper reproduction of an Item that satisfies the requirements and definition of "substitute check" set forth in Regulation CC.

  • Substitute teacher means a person employed to perform the normal duties of a teacher who is absent.

  • Hire Goods means any Goods which are hired to the Customer;

  • White Goods means inoperative and discarded refrigerators, ranges, washers, water heaters, freezers, and other similar domestic and commercial large appliances.

  • Substitute natural gas or "SNG" means a gas manufactured

  • Substitute means that a State may use a plan or other document that it has developed for its own purposes to meet Federal requirements.

  • Substitute Common Stock means the common stock issued by the issuer of the Substitute Option upon exercise of the Substitute Option.

  • Substitute Aircraft Has the meaning specified in the NPA.

  • Primary substitute gift means the substitute gift created with respect to the primary devise.

  • Defective Goods means Goods of an inferior quality or which are otherwise inconsistent with this Contract.

  • Substitute Option means an Option granted in substitution for, or upon the conversion of, an option granted by another entity to purchase equity securities in the granting entity.

  • similar goods means goods which, although not alike in all respects, have like characteristics and like component materials which enable them to perform the same functions and to be commercially interchangeable. The quality of the goods, their reputation and the existence of a trademark are among the factors to be considered in determining whether goods are similar;

  • Substitute Purchaser is defined in Section 21.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Substitute Loan A mortgage loan substituted for a Deleted Loan pursuant to the terms of this Agreement which must, on the date of such substitution, (i) have an outstanding principal balance, after application of all scheduled payments of principal and interest due during or prior to the month of substitution, not in excess of the Scheduled Principal Balance of the Deleted Loan as of the Due Date in the calendar month during which the substitution occurs, (ii) have a Mortgage Interest Rate not less than (and not more than one percentage point in excess of) the Mortgage Interest Rate of the Deleted Loan, (iii) have a remaining term to maturity not greater than (and not more than one year less than) that of the Deleted Loan, (iv) have the same Due Date as the Due Date on the Deleted Loan, (v) have a Loan-to-Value Ratio as of the date of substitution equal to or lower than the Loan-to-Value Ratio of the Deleted Loan as of such date, (vi) have a risk grading at least equal to the risk grading assigned on the Deleted Loan, (vii) is a “qualified mortgage” as defined in the REMIC Provisions and (viii) conform to each representation and warranty set forth in Section 6 of the Mortgage Loan Purchase Agreement applicable to the Deleted Loan. In the event that one or more mortgage loans are substituted for one or more Deleted Loans, the amounts described in clause (i) hereof shall be determined on the basis of aggregate principal balances, the Mortgage Interest Rates described in clause (ii) hereof shall be determined on the basis of weighted average Mortgage Interest Rates, the terms described in clause (iii) hereof shall be determined on the basis of weighted average remaining term to maturity, the Loan-to-Value Ratios described in clause (v) hereof shall be satisfied as to each such Substitute Loan, the risk gradings described in clause (vi) hereof shall be satisfied as to each such Substitute Loan and, except to the extent otherwise provided in this sentence, the representations and warranties described in clauses (vii) and (viii) hereof must be satisfied as to each Substitute Loan or in the aggregate, as the case may be.

  • Substitute employee is a person hired to perform the duties of a position in the temporary absence of the employee who is regularly assigned to that position.

  • Substitute Commercial Paper Dealers means such Substitute Commercial Paper Dealer or Dealers as the Corporation may from time to time appoint or, in lieu of any thereof, their respective affiliates or successors.

  • Nonconforming Goods means only the following: (i) product shipped is different than identified in Buyer's purchase order; or (ii) product's label or packaging incorrectly identifies its contents.

  • excisable goods means any goods specified in Part 2 of Schedule 1 and which have been manufactured in Namibia;

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.

  • The Goods means all of the supplies, equipment, machinery, spare parts, other materials and/or general support services which the Supplier is required to provide to the Procuring Entity under the Contract.

  • Younger-generation substitute gift means the substitute gift created with respect to the younger-generation future interest.

  • dutiable goods means any goods which are subject —

  • Substitute Lender has the meaning specified in Section 2.18(a).