Marketable Condition Clause Samples
The Marketable Condition clause defines the requirement that a product, typically natural gas or another commodity, must meet certain quality and specification standards before it can be sold or delivered. In practice, this means the seller is responsible for processing, treating, or otherwise ensuring the product is free from impurities and meets regulatory or contractual criteria for sale. This clause ensures that buyers receive a product that is ready for commercial use, thereby reducing disputes over quality and clarifying the obligations of the seller regarding product preparation.
Marketable Condition. If the product is in a marketable condition and is returned within 30 days of receipt of goods accompanied by the original invoice, a 100% refund will be given. Marketable condition refers to products that are unused, sealed, undamaged, not expired, not seasonal, not discontinued, and not part of a special promotional product or service.
Marketable Condition. Seller represents to Buyer that it has no present knowledge of any forthcoming or significant changes within the cannabis industry, retail business or otherwise, within the City of Point Arena, County of Mendocino, State of California, that would materially and adversely alter Seller’s market position; provided that Buyer acknowledges it is aware of and has reviewed Ordinance No. 232 of the City Council of the City of Point Arena Amending and Updating Chapter 5.20 of the Point Arena Municipal Code Pertaining to the Regulation of Cannabis for Both Medical and Adult Use, which goes into effect on January 20, 2018, as well as Resolution 2017-21 regarding fees for Cannabis Business Licensing.
Marketable Condition. Obligor and Seller represent to Buyer that they have no present knowledge of any forthcoming or significant changes to the local, or state laws or regulations that would materially and adversely alter Buyer’s market position.