Product Inputs Clause Samples

Product Inputs. Schedule 3.30 sets forth a complete and accurate list of each Product Input and the total dollar volume of purchases for each such Product Input for fiscal years 2024 and 2025.

Product Inputs. 4.1 (Omitted) Equipment. (Omitted) shall, at its sole cost, provide and install, or shall cause (Omitted) third party to provide and install, at the Delivery Location certain specialized equipment necessary to manufacture the Products, which specialized equipment is initially specified on Schedule 4.1 (as updated by (Omitted) from time to time, the (“ “) (Omitted). Only (Omitted) has any right, title or interest in and to the (Omitted) Equipment, except for Nanochem’s limited right, subject to (Omitted) sole discretion, to use (Omitted) Equipment solely to produce Products hereunder in accordance with the terms of this Agreement. Nanochem shall not use the (Omitted) Equipment for any other purpose. Nanochem will allocate sufficient space to store a supply of (Omitted) Equipment adequate to meet Nanochem’s production obligations to (Omitted). Nanochem shall not commingle (Omitted) Equipment with the property of Nanochem or with that of a Person other than (Omitted) or Nanochem and shall not move any (Omitted) Equipment from Nanochem’s premises without the prior written approval by (Omitted). All (Omitted) Equipment is and will at all times remain property of (Omitted) and will be held by N▇▇▇▇▇▇▇ on a bailment at-will basis. (Omitted) may, at any time, for any reason and without payment of any kind, retake possession of any (Omitted) Equipment without the necessity of payment or notice to Nanochem, or a hearing or a court order, which rights, if any, are waived by N▇▇▇▇▇▇▇. Upon (Omitted) request, (Omitted) Equipment will be immediately released to (Omitted) or delivered to (Omitted) by Nanochem. Nanochem’s continued holding of (Omitted) after demand has been made by (Omitted) for delivery will substantially impair the value thereof, and, accordingly, (Omitted) will be entitled to a court order of possession without any need of proving damages or posting of a bond. To the fullest extent permitted by law, Nanochem shall not allow any encumbrance to be imposed on or attach to the (Omitted) Equipment through Nanochem or as a result of Nanochem’s action or inaction, and Nanochem hereby waives any encumbrance that it may have or acquire in the (Omitted) Equipment. Nanochem acknowledges and agrees that (a) (Omitted) is neither the manufacturer of the (Omitted) Equipment nor the manufacturer’s agent, (b) (Omitted) is bailing (Omitted) Equipment to Nanochem for Nanochem’s benefit, (c) Nanochem has inspected the (Omitted) Equipment and is satisfied that the (Omitted...

Product Inputs. A. Supplier shall supply all Product inputs; provided, however, that Buyer shall have the right to purchase Product inputs for use in the production of Products and deliver such inputs to Supplier upon 60 days written notice to Supplier. The Product formulas and specifications will be owned exclusively by Buyer, and Supplier shall have no rights of ownership in, or use of, for themselves or for third parties, such formulas or specifications, including without limitation, license rights, other than the license contemplated herein; provided, that nothing contained herein shall prohibit Supplier from developing customized products in the normal course of its business consistent with past practice based on Supplier's own independent product analysis. If required by Buyer, Supplier shall purchase any proprietary ingredients from suppliers designated by Buyer. Any such purchases shall be invoiced to Buyer by Supplier as part of the applicable Materials, Ingredients and Packaging ("MIP") cost.