COMPONENT INVENTORY REPORTING, LIABILITY AND COVERAGE Sample Clauses

COMPONENT INVENTORY REPORTING, LIABILITY AND COVERAGE. All Customer liability for Components under this Agreement shall be subject to the terms of this Section 4, which in turn shall be further subject to the terms of Section 2.a. (above).
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COMPONENT INVENTORY REPORTING, LIABILITY AND COVERAGE a. Component Supply If requested by Customer, Plexus agrees to purchase Components under Customer-negotiated agreements with Component Suppliers if such agreements are provided to Plexus in writing. Plexus agrees that the terms and conditions of such agreements are confidential information of Customer. For the avoidance of doubt, Plexus does not hereby assume any of Customer’s obligations in such agreements. Any assumption by Plexus of such obligations will only be by a subsequent written agreement signed by an authorized Plexus representative, Customer and the applicable Component Supplier. In addition, should the terms of any such written assumption by Plexus or included in any other agreement established with any Customer directed supplier preclude Plexus from performing its obligations under this Agreement or be inconsistent with Plexus’ obligations hereunder (after Plexus has made a reasonable attempt to avoid this situation and provided written notice to Customer thereof), Plexus will be relieved of such obligations and the parties will, at either party’s request, revisit the terms of this Agreement and/or existing pricing and make an equitable modification.
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COMPONENT INVENTORY REPORTING, LIABILITY AND COVERAGE a. Component Mitigation Plexus may have OX Components on hand or on order from time to time as a consequence of, for example, Demand cancellation or reschedule, Plexus’ support of increases to Demand by Customer, the failure to have adequate or conforming supplies of Customer consigned, supplied, or managed Components, allocations, end of life requirements, economic or minimum order quantities, or engineering or material change orders. Plexus will use all reasonable efforts to minimize Component liability to Customer caused by Customer Demand changes, cancellations, and other factors. These efforts will include returning Components to, or restocking Components with, Suppliers, canceling orders with Suppliers, or using Components to meet the current demand of other Plexus customers. Customer agrees to assist Plexus in such efforts if appropriate and requested by Plexus. Customer acknowledges that Plexus’ mitigation efforts, even if successful, may result in cancellation, restocking, and similar charges imposed by Suppliers. Plexus will obtain Customer’s approval (by email or other written means) prior to incurring such charges. If so approved by Customer, Customer will pay Plexus for the charges imposed within thirty (30) days from the receipt of Plexus’ invoice.
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Related to COMPONENT INVENTORY REPORTING, LIABILITY AND COVERAGE

  • Inventory Reports Within 45 days after the close of each fiscal quarter of Customer, a copy of the Inventory Report (as and to the extent applicable, breaking out Inventory by location, and separately reporting any work in process) of Customer as of the end of such fiscal quarter; and

  • Agreements Regarding Collateral and Field Examination Reports (ll) Lien Releases;

  • Waiver of Inventory, Accounting and Appraisal Requirement The Trustee shall be relieved of, and each Certificateholder hereby waives, any requirement of any jurisdiction in which the Trust, or any part thereof, may be located that the Trustee file any inventory, accounting or appraisal of the Trust with any court, agency or body at any time or in any manner whatsoever.

  • LIABILITY ON FOREIGN ACCOUNTS State Street shall not be required to repay any deposit made at a non-U.S. branch of State Street, or any deposit made with State Street and denominated in a non-U.S. dollar currency, if repayment of such deposit or the use of assets denominated in the non-U.S. dollar currency is prevented, prohibited or otherwise blocked due to: (a) an act of war, insurrection or civil strife; (b) any action by a non-U.S. government or instrumentality or authority asserting governmental, military or police power of any kind, whether such authority be recognized as a defacto or a dejure government, or by any entity, political or revolutionary movement or otherwise that usurps, supervenes or otherwise materially impairs the normal operation of civil authority; or(c) the closure of a non-U.S. branch of State Street in order to prevent, in the reasonable judgment of State Street, harm to the employees or property of State Street. The obligation to repay any such deposit shall not be transferred to and may not be enforced against any other branch of State Street. The foregoing provisions constitute the disclosure required by Massachusetts General Laws, Chapter 167D, Section 36. While State Street is not obligated to repay any deposit made at a non-U.S. branch or any deposit denominated in a non-U.S. currency during the period in which its repayment has been prevented, prohibited or otherwise blocked, State Street will repay such deposit when and if all circumstances preventing, prohibiting or otherwise blocking repayment cease to exist.

  • Foreign Asset/Account Reporting Requirements You acknowledge that there may be certain foreign asset and/or account reporting requirements which may affect your ability to acquire or hold the Shares acquired under the Plan or cash received from participating in the Plan (including from any dividends paid on the Shares acquired under the Plan) in a brokerage or bank account outside your country. You may be required to report such accounts, assets or transactions to the tax or other authorities in your country. You also may be required to repatriate sale proceeds or other funds received as a result of participating in the Plan to your country through a designated bank or broker within a certain time after receipt. You acknowledge that it is your responsibility to be compliant with such regulations, and you should speak to your personal advisor on this matter.

  • Annual Collateral Verification Each year, at the time of delivery of annual financial statements with respect to the preceding Fiscal Year pursuant to Section 5.1(c), Company shall deliver to Collateral Agent a certificate of an Authorized Officer either (i) confirming that there has been no change in such information since the date of the Collateral Questionnaire delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this Section 5.1(o) or (ii) identifying such changes;

  • Inventory and Supplies Administrator shall order, purchase and provide to the Group on a timely basis inventory and supplies, and such other ordinary, necessary or appropriate materials which are requested by the Group and which the Group shall reasonably determine to be necessary in the operation of the Practice on the same terms commercially available to Administrator. Such inventory, supplies and other materials shall be included in Practice Expenses at their cost to Parent or Administrator, as the case may be.

  • Records and Reports of Inventory Each Borrower shall keep accurate and complete records of its Inventory, including costs and daily withdrawals and additions, and shall submit to Agent inventory and reconciliation reports in form satisfactory to Agent, on such periodic basis as Agent may request. Each Borrower shall conduct a physical inventory at least once per calendar year (and on a more frequent basis if requested by Agent when an Event of Default exists) and periodic cycle counts consistent with historical practices, and shall provide to Agent a report based on each such inventory and count promptly upon completion thereof, together with such supporting information as Agent may request. Agent may participate in and observe each physical count.

  • Individual Liability If the Borrower is a natural person, the Bank may proceed against the Borrower's business and non-business property in enforcing this and other agreements relating to this loan. If the Borrower is a partnership, the Bank may proceed against the business and non-business property of each general partner of the Borrower in enforcing this and other agreements relating to this loan.

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