Asyst and Asyst Sample Clauses

Asyst and Asyst s affiliates and subsidiaries may, from time to time, and subject to the table below, reschedule in writing for later delivery those quantities of Products contained in binding purchase orders. Asyst may also request at any time for Manufacturer to increase the quantities on order up to the maximum amounts that are set forth in the below schedule, and Manufacturer shall accommodate such request. Subject to Manufacturer's compliance with the provisions of Sections 3.7 and 3.8, and Manufacturer's mitigation obligations under Section 4.7, any liability to Asyst for excess and obsolete inventory of components and materials purchased by Manufacturer for use in Products that have not otherwise been used by Manufacturer will be determined in accordance with Sections 4.5 and 4.6 after taking into consideration the below table that limits the amount of components and materials that may be increased or rescheduled, without the prior written consent of Manufacturer, for use in production to manufacture Products: MAXIMUM ALLOWABLE INCREASE OR RESCHEDULE QUANTITIES Maximum Reschedule Number of days Period from before Delivery Maximum Originally Scheduled Date on Asyst Maximum Reschedule Delivery Date on Asyst Purchase Order Increase Quantity Quantity Purchase Order ------------------- --------------------- -------------- -------------------------- [*] [*]% [*]% [*] days ------------------- --------------------- -------------- -------------------------- [*] [*]% [*]% [*] days [*] ------------------- --------------------- -------------- -------------------------- [*] [*]% [*]% [*] days [*] ------------------- --------------------- -------------- -------------------------- [*] [*]% [*]% [*] days [*] ------------------- --------------------- -------------- -------------------------- [*] [*]% [*]% [*] ------------------- --------------------- -------------- -------------------------- * Asyst and Asyst's affiliates and subsidiaries may [*] as long as the final delivery date is within such period. [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Sample 1
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Related to Asyst and Asyst

  • Enurement and Assignment This Agreement shall enure to the benefit of the parties hereto and their respective successors and permitted assigns and shall be binding upon the parties hereto and their respective successors. This Agreement may not be assigned by any party hereto without the prior written consent of each of the other parties hereto.

  • Benefit and Assignment This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. No party hereto may voluntarily or involuntarily assign such party's interest under this Agreement without the prior written consent of the other parties.

  • Amendment and Assignment This Agreement may be amended only in writing and signed by both parties. This Agreement may not be assigned to another party.

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  • Licenses and Assignments Except as otherwise permitted by the Secured Debt Agreements, each Assignor hereby agrees not to divest itself of any right under any Patent or Copyright absent prior written approval of the Collateral Agent.

  • Assignment and Assumption The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee in the amount of $3,500; provided, however, that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire.

  • HEIRS AND ASSIGNS It is agreed and understood that all covenants of this lease shall succeed to and be binding upon the respective heirs, executors, administrators, successors and, except as provided herein, assigns of the parties hereto, but nothing contained herein shall be construed so as to allow the Tenant to transfer or assign this lease in violation of any term hereof.

  • Assignment and Assumption Agreement The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption Agreement, together with a processing and recordation fee of $3,500, and the assignee, if it is not a Lender, shall deliver to the Administrative Agent an administrative questionnaire provided by the Administrative Agent.

  • Definitions and Assumptions For purposes of this Agreement: (i) the terms “excess parachute payment” and “parachute payments” shall have the meanings assigned to them in Section 280G of the Code, and such “parachute payments” shall be valued as provided therein; (ii) present value shall be calculated in accordance with Section 280G(d)(4) of the Code; (iii) the term “Base Period Income” means an amount equal to Executive’s “annualized includible compensation for the base period” as defined in Section 280G(d)(1) of the Code; (iv) “Agreement Benefits” shall mean the payments and benefits to be paid or provided pursuant to this Agreement; (v) for purposes of the opinion of the National Advisor, the value of any noncash benefits or any deferred payment or benefit shall be determined by the Company’s independent auditors in accordance with the principles of Sections 280G(d)(3) and (4) of the Code, which determination shall be evidenced in a certificate of such auditors addressed to the Company and Executive; and (vi) Executive shall be deemed to pay federal income tax and employment taxes at the highest marginal rate of federal income and employment taxation, and state and local income taxes at the highest marginal rate of taxation in the state or locality of Executive’s domicile (determined in both cases in the calendar year in which the Date of Termination occurs or the notice described in Section 4.5(b) above is given, whichever is earlier), net of the maximum reduction in federal income taxes that may be obtained from the deduction of such state and local taxes.

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