GUARANTEE PROGRAM Sample Clauses

GUARANTEE PROGRAM. Licensee further agrees that it shall, at its sole cost and expense, participate, post and promote the "Marketplace Guarantee" program. As part of the Marketplace Guarantee program, Licensee shall be required to exchange all merchandise sold for cash upon request by the customer of Center management within thirty (30) days from the purchase date. Licensee shall not limit the return of merchandise to exchanges or merchant credits, and "Exchanges Only" or similar signs are not permitted. In the event Licensee violates any provisions of the Marketplace Guarantee program, Licensor shall be entitled to utilize Licensee's security deposit, without notice to Licensee, to remedy any such violations.
Sample 1
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GUARANTEE PROGRAM. Reseller will implement the Guarantee Program in accordance with Pure’s reasonable instructions and will provide End Users notice of the Guarantee Program. If Reseller receives notice that an End User elects to return Products under the Guarantee Program (“Guarantee Returns”), Reseller will provide notice to Pure of such Guarantee Returns and will work with Pure and End User to address any End User concerns. If End User elects to finalize a Guarantee Return, then Reseller will instruct such End User to return such Guarantee Returns in accordance with Pure’s standard RMA procedures. Upon Pure’s receipt of the Guarantee Returns, Pure shall either (a) issue a refund for any payments received from Reseller for such Guarantee Returns or (b) cancel any invoices sent to Reseller relating to such Guarantee Returns. Reseller shall promptly refund to End Users any payments received (including any Support Services fees) for Guarantee Returns (or cancel invoices for) upon notice from Pure that Pure has received such Guarantee Returns. Pure shall pay all shipping costs for Guarantee Returns in accordance with Pure’s standard RMA procedures.
Sample 1

Related to GUARANTEE PROGRAM

  • Reinsurance Administration THE COMPANY shall perform all duties with respect to the administration of the reinsurance under this Agreement on the portion of the policies reinsured under this Agreement.

  • Foreign Securities Depositories Except as may otherwise be agreed upon in writing by the Custodian and the Fund, foreign assets of the Fund shall be maintained in foreign securities depositories only through arrangements implemented by the banking institutions serving as sub- custodians pursuant to the terms hereof. 3.4

  • Domestic Subcustodians and Securities Depositories The Custodian may deposit and/or maintain, either directly or through one or more agents appointed by the Custodian, Investments of the Fund in any Securities Depository in the United States, including The Depository Trust Company, provided such Depository meets applicable requirements of the Federal Reserve Bank or of the Securities and Exchange Commission. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of the Fund as a Subcustodian for purposes of holding Investments of the Fund in the United States.

  • Foreign Subcustodians and Securities Depositories Unless instructed otherwise by the Fund, the Custodian may deposit and/or maintain non-U.S. Investments of the Fund in any non-U.S. Securities Depository provided such Securities Depository meets the requirements of an "eligible securities depository" under Rule 17f-7 promulgated under the 1940 Act, or any successor rule or regulation ("Rule 17f-7") or which by order of the Securities and Exchange Commission is exempted therefrom. Prior to the time that securities are placed with such depository, but subject to the provisions of Section 8.2.4 below, the Custodian shall have prepared an assessment of the custody risks associated with maintaining assets with the Securities Depository and shall have established a system to monitor such risks on a continuing basis in accordance with Subsection 8.2.3 of this Section and Rule 17f-7. Additionally, the Custodian may, at any time and from time to time, appoint (a) any bank, trust company or other entity meeting the requirements of an "eligible foreign custodian" under Rule 17f-5 or which by order of the Securities and Exchange Commission is exempted therefrom, or (b) any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of the Fund as a Subcustodian for purposes of holding Investments of the Fund outside the United States. Such appointment of foreign Subcustodians shall be subject to approval of the Fund or the Foreign Custody Manager in accordance with Subsections 8.2.1 and 8.2.2 hereof, and use of non-U.S. Securities Depositories shall be subject to the terms of Subsections 8.2.3 and 8.2.4 hereof. An Instruction to open an account in a given country shall comprise authorization of the Custodian to hold assets in such country in accordance with the terms of this Agreement. The Custodian shall not be required to make independent inquiry as to the authorization of the Fund to invest in such country.

  • Securities Depositories (a) Bank hereby represents to Customer that each securities depository listed on Schedule B is an Eligible Securities Depository. If Schedule B is amended, this representation shall be effective as to the amended Schedule on the date of such amendment. Bank shall promptly advise Customer if any securities depository listed on Schedule B ceases to be an Eligible Securities Depository.

  • Securities Depositories and Book-Entry Systems The Custodian may deposit and/or maintain Securities of the Fund in a Securities Depository or in a Book-Entry System, subject to the following provisions:

  • Subcustodians and Securities Depositories Add the following language to the end of Section 3: The terms Subcustodian and securities depositories as used in this Agreement shall mean a branch of a qualified U.S. bank, an eligible foreign custodian or an eligible foreign securities depository, which are further defined as follows:

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