Disposal Process Sample Clauses
The Disposal Process clause outlines the procedures and requirements for disposing of assets, materials, or property covered by the agreement. It typically specifies the steps to be followed, such as notification, approval, and documentation, when an item is no longer needed or must be removed. For example, it may require the seller to inform the buyer before discarding equipment or mandate environmentally responsible disposal methods. This clause ensures that all parties handle disposals in a controlled and transparent manner, reducing the risk of disputes or improper handling of assets.
Disposal Process. (a) Following the Closing Date:
(i) the Purchaser and the Purchaser Guarantor shall not and shall procure that the Nordic Companies will not, raise against any of the Sellers and/or other companies of the P7S1 Group or any members of their executive bodies, employees or advisors any claims existing as of the Closing Date other than (i) claims of the Purchaser arising from this Agreement and/or the Tax Covenant and/or (ii) claims of the Nordic Companies under any Continuing Intra-Group Agreements or any claims otherwise covered under Section 7.4 above and/or (iii) the claims set forth in Section 5.5 above). If and to the extent any Nordic Company raises a claim for the payment of monies contrary to this Section 16.4(a) (i), the Purchaser shall indemnify, defend and hold harmless the Sellers and the respective company of the P7S1 Group from and against any such claim and any related costs and expenses incurred by the Sellers and the respective company of the P7S1 Group; and
(ii) the Sellers shall not and shall procure that other members of the P7S1 Group will not, raise against any of the Nordic Companies or any members of their executive bodies or employees any claims existing as of the Closing Date other than (i) claims of the Sellers arising from this Agreement, (ii) claims under any Continuing Intra-Group Agreements to the extent arising (including consideration becoming due) after the Closing Date (other than claims of Snowman Productions AB and its Subsidiaries and/or any claims otherwise covered under Section 7.4 above; and/or (iii) the claims set forth in Section 5.5 above. If and to the extent any member of the P7S1 Group raises a claim for the payment of monies contrary to this Section 16.4(a) (ii), the Sellers shall indemnify, defend and hold harmless the Nordic Companies from and against any such claim and any related costs and expenses incurred by the Nordic Companies
Disposal Process. Subject to clause 7.7, the Infrastructure Lessor agrees to comply with the Infrastructure Lease Disposal Clause.
Disposal Process. The container should be handled with care, placed into an appropriate waste disposal area, and secured until further processing.
Disposal Process. 1. PLI will only process viable products that have a reasonable expectation of credit. Customer shall not send PLI any products that do not meet the definition of a viable product.
2. Non-returnable items will be documented in a non-returnable inventory indicating product name, NDC, quantity, and the reason for non-eligibility for credit.
3. All non-viable/non-returnable items will be destroyed via incineration and a Certificate of Destruction shall be provided to the returning facility. The Customer will be invoiced at the contracted disposal rate.
Disposal Process. Prior to the disposal of any surplus property, each department is required to complete a Surplus Property Report Form and return it to the Chief School Business Official for approval. Auctions: Supplies permitting, the District will conduct one public auction each year for the purpose of disposing of surplus property (to be held in September). Inventory which is not sold at public auction will be removed in accordance with the Board of Education. The auction will be conducted by district staff in conjunction with the Chief School Business Official and other affected departments.