Acceptance of Purchased Material Sample Clauses

Acceptance of Purchased Material. 5.10.6.1 Off-the-shelf parts may be eligible for a Skip-lot inspection m in accordance with KMC procedure 781-03014. Custom fabricated assemblies and component parts will not be eligible for skip lot Inspection.
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Acceptance of Purchased Material. 5.10.6.1 Off-the-shelf parts may be eligible for a Skip-lot inspection m in accordance with KMC procedure 781-03014. Custom fabricated assemblies and component parts will not be eligible for skip lot Inspection. 5.10.6.2 Source inspections may be performed as required to assure complete compliance with specifications. Incoming material that has been subjected to source inspection will be checked for shipping damage and evidence that source inspection was performed. 5.10.6.3 KMC Systems Quality Assurance may elect to release partial lots of material when necessary to satisfy urgent production requirements, prior to complete inspection of the lot in accordance with KMC procedure 781-03015: Controlled Release of Material. This material will be identified and recalled if a non-conformance is detected during the inspection of the remainder of the lot. 5.10.6.4 Subassemblies manufactured with material under Controlled Release will be marked and segregated, pending formal acceptance by Quality Assurance. Finished product will not be released for shipment until formal acceptance of the Controlled Material. 5.11

Related to Acceptance of Purchased Material

  • Acceptance of Purchase Orders Notwithstanding any contrary language in Buyer’s purchase order, each purchase order shall be subject to acceptance by an authorized employee of Seller and each transaction shall be governed exclusively by these Terms and Conditions of Sale (“Contract”), except if any specific terms have been expressly and mutually agreed by the parties and confirmed in Seller’s sale order acknowledgement of each purchase order. Such acceptance is expressly limited to these Terms and Conditions of Sale, and any additional or different terms proposed by Buyer are automatically rejected unless expressly agreed to in writing by Seller. No contract shall exist except as hereinabove provided.

  • Sale of Purchased Assets Sell, transfer, assign, lease, encumber or otherwise dispose of any of the Purchased Assets other than in the ordinary course of Seller's business consistent with past practices;

  • Notice of Purchase In the case of a Mandatory Purchase, the Liquidity Provider shall be obligated to purchase all Outstanding VRDP Shares.

  • Condition of Purchased Assets All of the tangible property included in the Purchased Assets is in good operating condition and repair, ordinary wear and tear excepted, and in the state of maintenance, repair and operating condition required for the proper operation and use thereof in the ordinary and usual course of business by Seller.

  • Delivery of Purchased Assets The Seller shall have delivered possession of the Purchased Assets to the Purchaser, and shall have made all intangible Purchased Assets available to the Purchaser.

  • Balance of Purchase Price The balance of the Purchase Price shall be paid in cash or by certified funds at the Closing (as defined below).

  • Experience of Purchaser Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Securities, and has so evaluated the merits and risks of such investment. Purchaser is able to bear the economic risk of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment.

  • Valid Issuance of Purchased Shares The Purchased Shares, when issued, sold, delivered, and paid for by the Investor in accordance with the terms of this Agreement, will be duly and validly issued, fully paid, and non-assessable

  • Purchase and Sale of Purchased Assets On the terms and subject to the conditions set forth in this Agreement, at the Closing, the Purchaser will purchase from the Seller, and the Seller will sell, transfer, assign, convey and deliver to the Purchaser the Purchased Assets pursuant to the Xxxx of Sale.

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