Additional Inventory Sample Clauses
The 'Additional Inventory' clause defines the terms under which extra goods or products, beyond the initially agreed-upon quantity, may be supplied or purchased during the course of a contract. Typically, this clause outlines the process for requesting, approving, and pricing additional inventory, and may specify limits or conditions under which such inventory can be ordered. Its core function is to provide flexibility for both parties to adjust to changing needs or demands, while ensuring that the terms for any extra inventory are clear and agreed upon in advance, thereby preventing disputes or misunderstandings.
Additional Inventory. For a period of three (3) years after the Closing Date, any Nortel Product that is returned for free by a Third Party (including customers) to any of the Designated Sellers shall be immediately transferred at no cost (other than costs for any shipping, storage or handling) to the relevant Designated Purchasers, including Nortel Products installed in the O2 network. Notwithstanding the preceding sentence and except for Nortel Products installed in the O2 network, in the event the Purchase Price has been reduced under Section 2.2.3 (iv) and/or the Seller has paid an amount in accordance with Section 2.2.5 (i) in connection with a shortfall in Inventory, the relevant Designated Purchaser shall pay to the relevant Designated Seller a price to be agreed between the Parties up to the net sum borne by the Seller under Sections 2.2.3 (iv) and/or 2.2.5 (i) (as such sum may be reduced by any previous payment which may have been made in accordance with this provision). This Section 5.12 shall not apply where a Product is returned to the Designated Party by a customer in connection with warranty obligations owed to such customer.
Additional Inventory.
(a) DLR grants to the Sponsor, or shall procure that TfL shall grant to the Sponsor, the first right to negotiate with DLR and TfL to acquire the any items of branding inventory and/or sponsorship and/or advertising opportunities which relate to the London Cable Car and which are controlled by DLR and/or any member of the TfL Group and which become available during the Term (the "Additional Inventory" in accordance with the provisions of this clause 4.2.
(b) DLR shall provide the Sponsor with full details of any Additional Inventory prior to the same being notified to any other sponsors or potential sponsors of the Additional Inventory. Upon receipt of any such notice, the parties shall and DLR shall procure that TfL shall exclusively negotiate the terms relating to the grant of any Additional Inventory in good faith for a minimum of thirty (30) days.
(c) If the parties cannot agree the terms on which the Sponsor shall acquire any Additional Inventory within the applicable deadlines set out in clause 4.2(b), DLR shall, and/or TfL shall, as applicable, be entitled to enter into negotiations with any other potential sponsor in relation to such rights and neither party shall be under any obligation to the other in respect of such rights.
Additional Inventory. Purchaser shall purchase all of the Additional Inventory located at the Purchased Locations at the purchase prices specified in Sections 2.3(a)(iii) and (iv), PROVIDED that Purchaser shall not be required to pay more than $2,870,000 in the aggregate for the Additional Inventory.
Additional Inventory. HOVIONE shall manufacture and hold in inventory an additional quantity of CAPTISOL equal to [***] percent [***]% of the quantities specified by CYDEX in each of its purchase orders. CYDEX shall not be required to purchase or pay for such additional inventory until the earlier of (i) the date on which CYDEX requests that such additional inventory be delivered to CYDEX to meet unforeseen demand or replace interrupted manufacturing capacity, or (ii) [***] from the DATE OF MANUFACTURE.
Additional Inventory. Any additional Inventory beyond the Closing Inventory shall be purchased by Buyer from Seller at Seller's cost.
Additional Inventory. If Merchant and Agent agree upon a price and other mutually agreed upon terms, Merchant shall, at Agent's request and sole discretion, make available new fall on order merchandise so as to increase the inventory level at the Stores to an amount not to exceed $3.5 Million.
Additional Inventory. At the Company’s request, or at PFP’s discretion, the Company may obtain inventory, which is in addition to the Company Inventory (the “Additional Inventory”), for the Sale, including rugs. PFP shall order Additional Inventory in Company’s name, but on PFP’s credit lines. PFP may negotiate an agreement on an exclusive basis with a rug vendor (the “Rug Vendor”), including an affiliate of PFP, for the sale of rugs (“Rugs”) as Additional Inventory at one or more of the Sale Locations during the Sale Term. On a weekly basis, the Rug Vendor will be paid eighty (80%) percent of the gross sales (excluding sales tax and delivery charges) of all rugs sold and delivered the prior week, as the sole compensation for the Rug Vendor and the PFP Fee for Rugs shall be paid by the Rug Vendor from such amounts. The Company hereby grants to PFP a purchase money security interest in the Additional Inventory and the proceeds therefrom.
Additional Inventory. Prior to December 16, 1995, if available, Purchaser shall have the right to purchase the inventory listed on Exhibit 6.1.d at the prices indicated. If prior to December 16, 1995, a third party expresses an interest in purchasing all or part of such inventory on a bona fide, arms length basis, Purchaser shall have a right of first refusal to purchase such inventory.
Additional Inventory. 4.1 Seller represents and warrants that it is the owner of all right, title, and interest in and to the Additional Inventory described in Exhibit 3 hereto, except as explicitly set forth in subparagraph 4.
1. Seller previously pledged the Additional Inventory as collateral under a Revolving Credit Agreement with Mid-Peninsula Bank ("Bank"). Seller represents and warrants that simultaneous with the signing of this Agreement, Seller will pay any and all amounts due and outstanding under such Revolving Credit Agreement and will take all necessary steps to ensure that the Bank has released all claims in or to the Additional Inventory prior to the signing of this Agreement. On the Closing Date, Seller will deposit the Bank's Uniform Commercial Code releases with Seller's attorney provided that Buyer has wire transferred immediately available U.S. funds in the amount of not less than $1,280,000 to Seller's attorney's trust account.
4.2 Seller will bear the risk of loss, damage or destruction of the Additional Inventory prior to the execution of this Agreement. Buyer will bear the risk of loss upon execution of this Agreement.
4.3 Seller shall hold a lien on the Additional Inventory and the products or proceeds thereof in the amount not to exceed the balance of the Purchase Price owed by Buyer to Seller, until the Purchase Price is fully paid. Seller shall not file any financing statement under the Uniform Commercial Code based on said lien.
4.4 Seller will not charge Buyer for any pheromone components contained in the Additional Inventory.
Additional Inventory. All appliances listed above are in "as-is" condition. See Appliance Repair Addendum D.