purchased Clause Samples
The 'purchased' clause defines the terms and conditions under which goods or services are acquired by one party from another. Typically, this clause outlines what items are being bought, the quantity, price, and any relevant delivery or acceptance requirements. By clearly specifying these details, the clause ensures both parties understand their obligations and helps prevent disputes over what was agreed to be purchased.
purchased. If a certificate of exemption or similar document is required in order to exempt the sale from sales or use tax liability, Customer will obtain and furnish evidence of such exemption at time of placement of order.
purchased. Each Co-Borrower expressly consents to the foregoing arrangements and agrees that any Lender holding a participation in an Obligation so purchased may exercise any and all rights of setoff, banker’s lien or counterclaim with respect to the participation as fully as if Lender were the original owner of the Obligation purchased.
purchased transportation usage should be engineered to the fullest extent possible to minimize its use and to maximize the use of
purchased. RIGHTS 2.1
purchased property when the Insured Person fails to exercise Due Diligence and Proof of Loss. CLAIM PROOF OF LOSS: Complete Proof of Loss must be given to THE COST: This insurance plan is provided at no additional cost to iii) personal property stolen from public places when the Insured EFFECTIVE DATE: Your insurance becomes effective on the latest the Administrator within 90 days after a covered loss. eligible Financial Institution Program Debit Cardholders. Financial Person fails to exercise Due Diligence; Theft must be reported to the of: the effective date of this policy, the date on which you first meet the the Insured Person within 60 days after the Administrator receives WHEN COVERAGE APPLIES: Coverage applies for 90 days personal property with no evidence of a wrongful act; ii) baggage for which required premium is paid for you. Insurance for you Proof of Loss. immediately following a Covered Purchase. and/or its contents unless carried by the Insured Person by hand or automatically terminates on the earliest of: the termination date of this EFFECTIVE DATE: Your insurance becomes effective on the latest COVERAGE: We will reimburse the Insured up to $1,000 for Covered under the Insured Person’s personal supervision or a traveling policy, the expiration of the period for which required premium has of: the effective date of this policy, the date on which you first meet the Purchases that are damaged or stolen, except if stolen from vehicles. companion previously known to the Insured Person; 3) Any fraudulent been paid for you, the date on which you no longer meet the eligibility eligibility criteria as the Insured Person or the beginning of the period This coverage only applies if the Insured Person charged or debited or illegal activity of the Insured Person; 4) Wear and tear or gradual criteria as the Insured Person. for which required premium is paid for you. Insurance for you the entire cost of the Covered Purchase to the Insured Person’s deterioration; 5) Moths, vermin, inherent vice; 6) Product defects or As a handy reference guide, please read this and keep it in a safe automatically terminates on the earliest of: the termination date of this Account during the Policy period, are part of and not in addition to the items covered by a manufacturer’s recall; 7) Damage sustained due place with your other insurance documents. This description of policy, the expiration of the period for which required premium has Benefit Amount and the Annual Maximum Benefit A...
purchased. The Leased Artwork is purchased by Leasee for purchase price. At any time during this Agreement, Leasee may purchase any individual Leased Artwork and 50% of all lease payments for that specific piece of artwork being purchased will be applied to the purchase order for that individual piece.
purchased transportation usage shall be capped at eight percent (8%) of Holland’s total miles, as reported on line 301 of Schedule 300 of the DOT/FMCA Annual Report during any calendar year.
purchased. An NSO may be exercised by deliver to the Company of written notice stating the number of shares elected to be purchased, and by payment to the Company as described in paragraph 3.
purchased. The purchase price for all of the Company Interests shall be seventy-five percent (75%) of the Value of the Company Interests. The purchase price any purchasing Member shall pay for the applicable portion of the Company Interests shall equal seventy-five percent (75%) of the Value of the applicable portion of the Company Interests being purchased by such Member. The closing of any Member's purchase of any portion of a Selling Physician Member's Company Interests shall occur within fifteen (15) days of the date of the applicable Member Purchase Notice. At such closing, the purchase price shall be paid by each applicable purchaser, in full, in legal tender of the United States, by certified check of the purchaser or by official bank check.
(iii) At the last closing to occur pursuant to Section 10.2(a)(ii), to the extent any of the Selling Physician Member's Company Interests remain after the Members exercise their option in Section 10.2(a)(i), the Company shall have the option to purchase any remaining Company Interests of the Selling Physician Member at a purchase price equal to seventy-five percent (75%) of the Value of the remaining Company Interests of the Selling Physician Member. The Company shall evidence the election to purchase by written notice (the "Company Purchase Notice") to the Selling Physician Member, specifying the portion of Company Interests to be purchased. The closing of the Company's purchase of a Selling Physician Member's Company Interests shall occur within fifteen (15) days of the date of the Company Purchase Notice. At such closing, the purchase price shall be paid at the election of the Company, either: (A) in full, in legal tender of the United States, by certified check of the Company or by official bank check; or (B) by payment at the closing of not less than twenty-five percent (25%) of the purchase price and by delivery of a promissory note having a principal amount equal to the remainder, bearing interest per annum at the rate quoted on the date of the closing by The Wall Street Journal as the "Prime Rate," prepayable without penalty, and payable in not more than thirty-six (36) monthly installments, commencing one (1) month after the date of the closing.
purchased. The Custodian shall pay, upon receipt of a Clearing Member's statement confirming the purchase of such Option held by such Clearing Member for the account of the Custodian (or any duly appointed and registered nominee of the Custodian) as custodian for the Fund, out of money held for the account of the Series to which such Option is to be specifically allocated, the total amount payable upon such purchase to the Clearing Member through whom the purchase was made, provided that the same conforms to the total amount payable as set forth in such Certificate.