Inventory Buy Back Sample Clauses
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Inventory Buy Back. In the event that a Distributor wishes to terminate their account, and request that any remaining inventory be purchased back by Zapple only unused, not previously displayed, unopened, never previously worn, and only those with the original Zapple tags would be considered for inventory buy back. In such an event, the inventory buy back, as a result of the changing world of fashion, will be at a discounted rate per acceptable unit piece (with a retracted 2 PV for each unit). Acceptable pieces will be determined at the sole discretion of Zapple and only after review and inspection upon the return. An RMA number issued and approved by Distributor Support is required prior to any Inventory Buy Back returns taking place – or the Inventory Buy Back will not be honored. The full accumulation of the returned product volume will be retracted from the organization as in Section 7.4, and the most recent commissions which may have been earned by the terminating Distributor may be retracted or removed from the returning funds as a result of the retracting volume which may have qualified them within the Zapple Compensation Plan for previous awarded bonuses.
Inventory Buy Back. Halex agrees to buy back all Capitol Adhesives Inventory that is obsolete and not salable and is not sold by ▇▇▇▇▇▇▇ on or before December 15, 2005, at the prices set forth on Schedule 8.23 (the “Buy Back Amount”); provided, that Halex shall have no obligation to buy back any inventory described in or sold under Section 8.22 or the Metal Trim ▇▇▇▇ of Sale. Each of Halex and ▇▇▇▇▇▇▇ shall have the right to elect to offset any amounts due and payable to ▇▇▇▇▇▇▇ pursuant to this Section 8.23 against an equal amount due and payable under the ▇▇▇▇▇▇▇ Note.
Inventory Buy Back. In the event ICC terminates this Agreement for its convenience, rather than as a result of Credence's default or insolvency, or Credence terminates this Agreement as a result of ICC's default or insolvency, ICC shall buy back from Credence any and all JVC Products and part thereof purchased by Credence then in Credence's inventory. The re-purchase price for such JVC Products shall include the original purchase price in Japanese Yen paid by Credence to ICC, plus freight costs, import duty and customs clearance charges paid on such JVC Products. In the event that ICC terminates this Agreement as a result of Credence's insolvency, or its default of obligations hereunder or if Credence terminates this Agreement for any reason excluding as a result of ICC's defaults or insolvency, ICC shall have first right of purchase, but no obligation to repurchase any of its JVC Products from Credence.
Inventory Buy Back. In the event ICC terminates this Agreement for its convenience, rather than as a result of Innotech's default or insolvency, or Innotech terminates this Agreement as a result of ICC's default or insolvency, ICC shall buy back from Innotech any and all JVC Products and part thereof purchased by Innotech then in Innotech's inventory. The re-purchase price for such JVC Products shall include the original purchase price in Japanese Yen paid by Innotech to ICC, plus freight costs, import duty and customs clearance charges paid on such JVC Products. In the event that ICC terminates this Agreement as a result of Innotech's insolvency, or its default of obligations hereunder or if Innotech terminates this Agreement for any reason excluding as a result of ICC's defaults or insolvency, ICC shall have first right of purchase, but no obligation to repurchase any of its JVC Products from Innotech.
Inventory Buy Back. In the event that a Consultant wishes to terminate their account, and request that any remaining inventory be purchased back by ▇▇▇▇▇▇▇▇▇, only unused, not previously displayed, unopened, never previously worn, and only those with the original Paparazzi tags would be considered for inventory buy back. Items that don’t carry PV are not eligible for buy back. In such an event, the inventory buy back, as a result of the changing world of fashion, will be at a discounted rate of $2 per acceptable unit piece (with a retracted 2 PV for each unit). Acceptable pieces will be determined at the sole discretion of ▇▇▇▇▇▇▇▇▇ and only after review and inspection upon the return. An RMA number issued and approved by Paparazzi Support is required prior to any inventory buy back returns taking place – or the inventory buy back will not be honored. The full accumulation of the returned product volume will be retracted from the organization as in Section 7.4, and the most recent commissions which may have been earned by the terminating Consultant may be retracted or removed from the returning funds as a result of the retracting volume which may have qualified them within the Paparazzi Compensation Plan for previous awarded bonuses.
