Repurchase of Inventory. Upon termination of this Agreement, the Company agrees to repurchase on reasonable commercial terms the currently marketable inventory in the possession of the terminated Independent Business Owner that was purchased by the terminated Independent Business Owner for resale prior to the date of termination of the Agreement. For purposes of this provision, “reasonable commercial terms” shall include the repurchase of marketable inventory within twelve (12) months from your date of purchase and such purchase shall be made at a rate of not less than ninety percent (90%) of your original net cost less appropriate set offs and legal claims, if any. The determination of whether such inventory is “currently marketable” shall be made by the Company and will include factors such as the specific condition of the product and related packaging. Requests for repurchase must be made in writing within thirty (30) days of the termination of the Agreement. Shipping & handling costs for returned items shall be borne by you. Refund payments will be made within thirty (30) days of actual receipt of returned items. Sales materials and services delivered by Internet methods are not capable of being returned to the Company and are not subject to refund. The Company will comply with refund requirements at variance with this paragraph, if any, as may be specified by state or federal law.
Repurchase of Inventory. ChemTrak shall have the right, but not the obligation, to repurchase from Selfcare all of the HIV Product (to the extent that the same are in new and original condition) then in Selfcare's inventory, F.O.B. Selfcare's facilities, whereupon ChemTrak shall repay to Selfcare the actual price paid by Selfcare to ChemTrak for such returned HIV Products less any and all amounts owing and uncontested, for whatever reason, from Selfcare to ChemTrak.
Repurchase of Inventory. Upon termination of this Agreement, DIRECTED shall have the right, but not the obligation, to purchase SUPPLIER's current inventory of the Products. During a thirty (30) day period following the termination of this Agreement, SUPPLIER shall permit DIRECTED to enter onto SUPPLIER's premises to inspect SUPPLIER's current inventory of the Products. Within fifteen (15) days following such inspection, DIRECTED shall have the right to purchase any or all of such inventory. Such purchase shall be pursuant to all of the terms and conditions of this Agreement.
Repurchase of Inventory. (a) Subject to FSI’s right of inspection and approval provided in Section 3.3, on the Closing Date, the relevant FSI Purchasing Affiliates shall repurchase from the relevant Metron Selling Affiliates (i) the inventory of Products (such inventory, “Product Inventory”) as of the Closing Date and (ii) Spare Parts inventory (such inventory, “Spare Parts Inventory”) as of the Closing Date, provided that in each case such inventory was purchased by Metron or the relevant Metron Selling Affiliate, with respect to SCD system Products, within one (1) year of the Closing Date, and, with respect to MLD system Products, within two (2) years of the Closing Date. The foregoing shall exclude Product Inventory and Spare Parts Inventory held for sale in Israel.
Repurchase of Inventory. Upon termination of this Agreement by Manufacturer under Section 10.2(b)(ii) or (iii) (Manufacturer’s convenience after First Commercial Sale) or 10.2(c) (Manufacturer’s choice upon Distributor’s Change of Control), by Distributor under Section 10.3(c) (Continuing Suspension) or 10.4 (Manufacturer’s Event of Default), or by either Party under Section 10.3(b) (Significant Selling Price Decrease) or 10.6 (termination of NDA or withdrawal of Branded Products), Manufacturer shall purchase from Distributor, at the Invoice Supply Price paid for such Products, all inventory of Products then held by Distributor that has no less than [***] of remaining shelf life as of the date of termination (except that in no event shall the Products to be purchased back from Distributor exceed [***] of *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. inventory based on the average sales by Distributor for the [***] prior to the date of notice of termination) and except that the shelf life requirement shall not apply in the case of termination under Section 10.3(c)), provided that Distributor has used its Commercially Reasonable Efforts to reduce the amount of inventory held at termination. In addition to the foregoing, upon termination of this Agreement by Manufacturer under Section 10.2(b)(ii) or (iii) (Manufacturer’s Convenience after First Commercial Sale), by Distributor under Section 10.3(c) (Continuing Suspension) or 10.4 (Manufacturer’s Event of Default), or by either Party under Section 10.6 (termination of NDA or withdrawal of Branded Products) , Manufacturer shall reimburse Distributor for [***] by Distributor under Section 5.1 for all inventory of Products purchased by Manufacturer under this Section 10.9(b) and [***] associated with returning such inventory to Manufacturer.
Repurchase of Inventory. Upon termination of this Agreement for any reason, the Company shall have the option, within sixty (60) days after the effective date of such termination, to purchase the Distributor’s inventory which was purchased by the Distributor within the past twelve (12) months prior to the date of termination. If the Company exercises such option, the Distributor will sell and release to the Company such inventory at a price equal to the price initially paid by the Distributor for such Trex Products, provided the Trex Products have been properly stored in accordance with Trex’s storage guidelines and are in a good and saleable condition.
Repurchase of Inventory. Upon any termination of this License Agreement pursuant to Sections 9.2, 9.3 or 9.4, Quinsa will promptly sell and deliver to AmBev (or AmBev's designee), and AmBev will purchase (or cause to be purchased by its designee) from Quinsa, Quinsa's inventory of applicable culture yeast purchased from AmBev or its designee and, if AmBev so requests in writing within thirty (30) days of such termination, Quinsa will promptly sell and deliver to AmBev (or AmBev's designee) and AmBev will purchase (or cause to be purchased by its designee) from Quinsa the inventory of Licensed AmBev Beer which is still in Quinsa's possession on the date of such request and which Quinsa has not yet sold or committed to a third party as of the date of such request.
Repurchase of Inventory a. If the World Airline & Suppliers Guide (or any successor to that Guide) published by the Air Transport Association of America (or any successor to that Association) recommends or requires that Distributor repurchase Products from customers, Argo-Tech will repurchase those same Products from Distributor at the same price and on the same terms and conditions as Distributor repurchases from its customers.
Repurchase of Inventory. If Retailer violates these Resale Terms, then Tactacam may immediately revoke Retailer's right to sell the Products by providing written notice to Retailer. After such notice, Retailer shall promptly provide written notice to Tactacam of the amount of Retailer's remaining inventory (the "Remaining Inventory") and Tactacam shall have 90 days to elect in writing to purchase all or any part of such inventory from Retailer at the Repurchase Price. "Repurchase Price" means the lesser of (i) the amount Retailer paid for such Products, and (ii) Tactacam's current MAP for such Products. Retailer shall cause the applicable Products to be delivered to Tactacam in salable condition free and clear of all liens and encumbrances within 30 days after Tactacam elects to purchase the Remaining Inventory. Tactacam shall pay the Repurchase Price to Retailer within 30 days after the Products are delivered to Tactacam. Retailer shall be responsible for all shipping costs. Retailer may not sell any Remaining Inventory after Tactacam revokes Retailer's right to sell the Products.
Repurchase of Inventory. Upon expiration or termination of the Term with respect to any Product Category in any Market, Linvatec shall repurchase Zimmxx'x xxxentory of Products in such Product Category in such Market within 60 calendar days of such expiration or termination at the transfer prices applicable to such inventory, net of reserves for obsolete and slow-moving goods (as determined in accordance with Zimmxx'x xxxounting policies), plus freight charges and expenses (and with respect to Markets other than the United States, duty and customs charges and expenses). Delivery of such inventory returned to Linvatec shall be F.O.B. the storage location of such inventory. In the event Linvatec defaults in its obligations to repurchase Zimmxx'x xxxentory of Products, without prejudice to any of Zimmxx'x xxxer remedies, Zimmxx xxxll be entitled to sell such inventory in any manner it deems appropriate. In any case, after expiration or termination of the applicable Term, Zimmxx xxxll be entitled to sell any Products for which it has accepted firm orders, consistent with past practice.
