Demand process Clause Samples
Demand process. In Figure
3.1 a schematic overview of the model is displayed. The model consists of four elements; the ’stock of defective parts’, the repair shop, the transport process and the warehouse of Ready-For-Use parts. In short, the model works as follows: parts arrive at the stock of defective parts, where there are waiting until they are taken into repair, are repaired and transported back to the warehouse of RFU-parts. The arrival of defective parts at the warehouse of defective parts and the repair process are together modelled as a M/G/C queue. The inter arrival times, between different parts of SKU i are exponentially distributed. Priority rule M/G/C ·/G/∞ Warehouse of Demand RfU parts (IIL) Repair process Transport process Arrival of parts which need repair
Demand process. At any time commencing 60 days from the date hereof, the Shareholders Representative, on behalf of Holders of at least 20% of the Registrable Securities to which this Agreement then applies, may request in writing (a "Demand") that the Company prepare and file a registration statement to effect the registration for resale under the 1933 Act of all or part of each such Holders' Registrable Securities and to facilitate an underwritten public offering of such Registrable Securities (the "Resale Registration Statement"). Upon its receipt of the Demand, the Company shall, subject to the provisions and limitations set forth in this Section 2.2:
(i) Within 5 days of receipt of the Demand, give written notice of the Demand to all Holders; and
(ii) File as soon as practicable, but not later than 30 days after receipt of the Demand, and use its best efforts to cause to become effective as soon as practicable thereafter, the Resale Registration Statement registering for offer and sale in the underwritten offering all Registrable Securities requested to be registered by the Holders who submitted the Demand and all other Registrable Securities for which Holders have requested such registration by written notice given to the Company within 20 days after the date on which the Company provided notice of the Demand to all Holders pursuant to the foregoing clause (i) of this