Material Disposition Sample Clauses
Material Disposition. 10.1 With respect to work covered under the Services Rate, Equipment or parts thereof received from Buyer, which in the reasonable opinion of ▇▇▇▇▇ & Whitney have no value other than as scrap because they cannot be repaired to a serviceable condition, shall be disposed of by ▇▇▇▇▇ & ▇▇▇▇▇▇▇, and no accountability or liability for such parts shall be imposed on ▇▇▇▇▇ & Whitney by Buyer. Title to all such Equipment shall vest in ▇▇▇▇▇ & ▇▇▇▇▇▇▇.
10.2 With respect to Excess Work, Equipment or parts thereof received from Buyer, which in the reasonable opinion of ▇▇▇▇▇ & Whitney have no value other than as scrap because they cannot be repaired to a serviceable condition, shall be disposed of by ▇▇▇▇▇ & ▇▇▇▇▇▇▇, and no accountability or liability for such parts shall be imposed on ▇▇▇▇▇ & Whitney by Buyer. ▇▇▇▇▇ & ▇▇▇▇▇▇▇ agrees, however, to return to Buyer, at Buyer's expense, parts which are either scrap, superseded or uneconomical to repair if so indicated on the face of Buyer's Purchase Order or supplement thereto. In any event, Buyer's instructions regarding scrap disposition must be received by ▇▇▇▇▇ & Whitney within thirty (30) days after shipment of an engine to Buyer or all scrap will be disposed of locally. To assist Buyer in identification of scrap parts returned at its request, such scrap may be shipped in an altered state which will indicate that it is clearly unfit for service use.
10.3 With respect to Excess Work, parts for which there are currently no repair procedures and which, in the opinion of ▇▇▇▇▇ & ▇▇▇▇▇▇▇, have potential to be repaired to a serviceable condition sometime in the future, shall be returned, unaltered, to Buyer at Buyer's expense.
Material Disposition. Supplier will take the following actions regarding Sun’s payment obligation for Obsolete Materials prior to submitting a Claim under Article 10.4: (a) immediately reduce or cancel outstanding purchase orders for Obsolete Materials; (b) discontinue upside support for Obsolete Materials; (c) return Obsolete Materials to Supplier’s sub-tier supplier; (d) subject to Sun’s prior consent, sell the SUTCs to a third party; (e) rework or dekit Obsolete Materials into industry standard constituent parts upon mutual agreement regarding the cost of such services; (f) cease all work-in-progress, except as necessary to meet Sun’s Forecast and Delivery Lead-times; and (g) use all other commercially reasonable efforts to mitigate Sun’s liability for Obsolete Materials. Supplier will perform a physical inventory within five (5) days of completion of items Articles 10.3 (a)—(g) and may thereafter submit an Obsolete Materials Report as a Claim under Article 10.4.
Material Disposition. 3.3.1 The OPERATOR may at any time dispose of excess MATERIAL as it deems fit except that where it wishes to dispose of items not included for disposal in the BUDGET and which were acquired at a cost exceeding US$100,000 or where the book (accounting value) exceeds US$50,000 it will first obtain approval for such disposal from the relevant SUB-COMMITTE.
Material Disposition any Disposition of Property or series of related Dispositions of Property outside of the Ordinary Course of Business that yields gross proceeds to one or more of the Obligors or Restricted Subsidiaries in excess of $25,000,000. Modification: any amendment, supplement, extension, approval, consent, waiver, change or other modification of a Loan Document, including any waiver of a Default or Event of Default.
Material Disposition. 18.1 Unless TAM has notified Pratt & Whitney to the contrary, Equipment or parts thereof rece▇▇▇▇ fro▇ ▇▇▇, which in the opinion of Pratt & Whitney have no value other than as scrap because they c▇▇▇▇▇ be ▇▇▇▇▇▇ed to a serviceable condition, will be disposed of by Pratt & Whitney, and no accountability or liability for such par▇▇ ▇▇ll be imposed on Pratt & Whitney by TAM. Pratt & Whitney agrees, however, to retu▇▇ ▇▇ TA▇, ▇▇ ▇AM's ▇▇pe▇▇▇, parts which are either scrap, superseded or uneconomical to repair if so indicated on the face of TAM's Purchase Order or supplement thereto.
18.2 Parts for which there are currently no repair procedures and which, in the opinion of Pratt & Whitney/Cheshire Engineering, have potential to be repai▇▇▇ ▇o a ▇▇▇▇▇▇eable condition sometime in the future, will be returned to TAM at TAM's expense.
Material Disposition. The Company disposes by sale, lease or otherwise all or any substantial portion of its property or assets.
Material Disposition. Goods and parts thereof received from Buyer, which in the opinion of Seller have no value other than as scrap because they cannot be repaired to a serviceable condition, will be disposed of by Seller, and no accountability or liability therefor will be imposed on Seller by Buyer. Seller agrees, however, to return to Buyer parts which are either scrap, superseded or uneconomical to repair if so indicated on the face of the Buyer's purchase order or supplement thereto; these parts will be returned at Buyer's expense. To assist Buyer in identification of scrap parts returned at his request, such scrap will be shipped in an altered state which will indicate that it is clearly unfit for service use. Parts for which there are currently no repair procedures and which, in the opinion of Seller, have potential to be repaired to a serviceable condition sometime in the future, will be returned to the Buyer at Buyer's expense.
Material Disposition. 19 ARTICLE 19