Termination inventory Sample Clauses

Termination inventory. The inventory provided for in Paragraph 8.5 of ▇▇▇▇▇ Merchandise finished products, ▇▇▇▇▇ Merchandise on order, work in process and of Packaging and advertising and promotional material on hand at the time of the termination of this Agreement.

Termination inventory. The Contractor may annotate inventory disposal schedules to identify property the Contractor wishes to purchase from the Government, in the event that the property is offered for sale.

Termination inventory. (ii) The Contractor may annotate inventory disposal schedules to identify property the Contractor wishes to purchase from the Government. (iii) Unless the Plant Clearance Officer has agreed otherwise, or the contract requires electronic submission of inventory disposal schedules, the Contractor shall prepare separate inventory disposal schedules for— (A) Special test equipment with commercial components; (B) Special test equipment without commercial components; (C) Printing equipment; (D) Information technology (e.g., computers, computer components, peripheral equipment, and related equipment); (E) Precious metals in raw or bulk form; (F) Nonnuclear hazardous materials or hazardous wastes; or (G) Nuclear materials or nuclear wastes. (iv) The Contractor shall provide the information required by FAR 52.245-1(f)(1)(iii) along with the following: (A) Any additional information that may facilitate understanding of the property’s intended use. (B) For work-in-progress, the estimated percentage of completion. (C) For precious metals, the type of metal and estimated weight. (D) For hazardous material or property contaminated with hazardous material, the type of hazardous material. (E) For metals in mill product form, the form, shape, treatment, hardness, temper, specification (commercial or Government) and dimensions (thickness, width and length). (v) Property with the same description, condition code, and reporting location may be grouped in a single line item. (vi) Scrap should be reported by “lot” along with metal content, estimated weight and estimated value.

Termination inventory. (ii) The Contractor may annotate inventory disposal schedules to identify property the Contractor wishes to purchase from the Government. (iii) Unless the Plant Clearance Officer has agreed otherwise, or the contract requires electronic submission of inventory disposal schedules, the Contractor shall prepare separate inventory disposal schedules for— (A) Special test equipment with commercial components; (B) Special test equipment without commercial components; (C) Printing equipment; (D) Information technology (e.g., computers, computer components, peripheral equipment, and related equipment); (E) Precious metals; (F) Nonnuclear hazardous materials or hazardous wastes; or (G) Nuclear materials or nuclear wastes.

Termination inventory. (ii) The Contractor may annotate inventory disposal schedules to identify property the Contractor wishes to purchase from the Government, in the event that the property is offered for sale. (iii) Separate inventory disposal schedules are required for aircraft in any condition, flight safety critical aircraft parts, and other items as directed by the Plant Clearance Officer (iv) The Contractor shall provide the information required by FAR 52.245-1(f)(1)(iii) along with the following: (A) Any additional; information that may facilitate understanding of the property’s intended use. (B) For work-in-progress, the estimated percentage of completion. (C) For precious metals in raw or bulk form, the type of metal and estimated weight. (D) For hazardous material or property contaminated with hazardous material, the type of hazardous material. (E) For metals in mill product form, the form, shape, treatment, hardness, temper, specification (commercial or Government) and dimensions (thickness, width and length). (v) Property with the same description, condition code, and reporting location may be grouped in a single line item. (vi) Scrap should be reported by “lot” along with metal content, estimated weight and estimated value.

Termination inventory. Should this Agreement be terminated (i) due to TBC's failure to make its payment obligations, or (ii) as provided pursuant to Section 17.3, ▇▇▇▇▇▇ may dispose of all Tires in process or in inventory at its discretion. In the event of any termination by either party for any other reason, pursuant to this Section 17., TBC will immediately purchase, accept delivery of, and pay for all Tires produced by ▇▇▇▇▇▇ prior to the date of such termination against TBC's firm order at the prices then in effect. It is specifically agreed TBC may purchase, on a C.O.D. basis, any or all Tires produced by ▇▇▇▇▇▇ in excess of the number it is required to purchase under the above provisions of this Section 17. at the prices then in effect, and any remaining Tires may be sold or disposed of by ▇▇▇▇▇▇.

Termination inventory. (a) Within thirty (30) days after the termination of this Agreement, Licensee shall prepare and deliver to Licensor a written summary of RemoteMDx Product and Product Marketing Materials remaining in its inventory, including work in process. (b) Licensor shall have the option, exercisable within ten (10) days after receipt of the written inventory received from Licensee, to purchase all or any portion of RemoteMDx Products for a purchase price equal to Licensee’s cost. Licensee shall deliver to Licensor the RemoteMDx Product purchased, within five (5) days after receipt of notice exercising its option to purchase, and Licensor shall pay the purchase price within thirty (30) days after receipt of all items purchased. Unless otherwise expressly agreed by Licensee, all RemoteMDx Product deliveries shall be made FCA Incoterms 2000, Licensee’s place of shipment, with shipping costs and insurance paid by Licensor. Title to RemoteMDx Products shall pass to Licensor upon full payment for the RemoteMDx Products. Licensor shall bear all risk of loss or damage to RemoteMDx Products during transit, and is responsible for filing any necessary claims with the carrier or insurance company. (c) For a period of one (1) year after the expiration of Licensor’s option to purchase inventory under this Section 9.6, Licensee may complete work in process, place finished RemoteMDx Product in service to customers and use all Product Marketing Materials remaining in inventory, on a non-exclusive basis and in accordance with all of applicable terms of this Agreement. Any items in the inventory, including RemoteMDx Product manufactured by or for Licensee, not sold and remaining after the selling period provided for in this Section 9.6 shall be delivered to Licensor, disposed of, or destroyed in accordance with Licensor’s written instructions.

Termination inventory. (a) Within fifteen (15) days after the --------------------- expiration or termination of this Agreement, the Company shall prepare and deliver to ▇▇▇▇▇▇▇ a written inventory, including a complete and accurate schedule (the "Termination Inventory Schedule") as of the date of expiration or termination, of all ▇▇▇▇▇ Products on hand or subject to non-cancelable orders and all Signage and Packaging materials, advertising and promotional materials and other documents or items that bear the ▇▇▇▇▇ New York Trademarks in any form in the Company's possession or control or in the process of manufacture for the Company (the "Termination Inventory"). ▇▇▇▇▇▇▇ shall have the option to purchase all or any portion of the items in the Termination Inventory consisting of ▇▇▇▇▇ Products for a purchase price as the Company (with the consent of the Required Members) and ▇▇▇▇▇▇▇ shall negotiate in good faith and to purchase those items in the Termination Inventory consisting of Signage and Packaging materials set forth in such notice for a purchase price equal to such price as the Company (with the consent of the Required Members) and ▇▇▇▇▇▇▇ shall negotiate in good faith. If ▇▇▇▇▇▇▇ elects to exercise such option, then the Company shall deliver to ▇▇▇▇▇▇▇ the items in the Termination Inventory to be purchased, within five (5) days after receipt of ▇▇▇▇▇▇▇'▇ notice exercising its option to purchase, or, if later, within five (5) days after the Company (with the consent of the Required Members) and ▇▇▇▇▇▇▇ have agreed upon a purchase price, and ▇▇▇▇▇▇▇ shall pay the purchase price in cash within thirty (30) days after receipt of all items of the Termination Inventory purchased. (b) If ▇▇▇▇▇▇▇ does not exercise its option under Paragraph 8.4(a) to purchase the Termination Inventory within ten (10) days after receipt of the Termination Inventory Schedule or exercises its option as to a portion of the Termination Inventory, or if the Company (with the consent of the Required Members) and ▇▇▇▇▇▇▇ are unable to agree upon a purchase price for the items in Termination Inventory to be purchased within fifteen (15) days after the Company's receipt of ▇▇▇▇▇▇▇'▇ notice, then, for a period of twelve (12) months thereafter (or such shorter period as the Company and ▇▇▇▇▇▇▇ may agree) (such 12 month or shorter period being referred to as the "Orderly Liquidation Period"), the Company may sell ▇▇▇▇▇ Products in the Termination Inventory, on a non-exclusive basis, in accordance with all the t...

Termination inventory. (ii) The Contractor may annotate inventory disposal schedules to identify property the Contractor wishes to purchase from the Government. [ ] CONFIDENTIAL TREATMENT REQUESTED BY SPARTON CORPORATION. CERTAIN PORTIONS OF THESE MATERIALS HAVE BEEN OMITTED BASED ON A REQUEST FOR CONFIDENTIAL TREATMENT SUBMITTED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE “SEC”). THE NON-PUBLIC INFORMATION HAS BEEN OMITTED AND HAS BEEN SEPARATELY FILED WITH THE SEC. EACH REDACTED PORTION OF THE AGREEMENT IS INDICATED BY A “[ ]” AND IS SUBJECT TO THE REQUEST FOR CONFIDENTIAL TREATMENT SUBMITTED TO THE SEC. THE REDACTED INFORMATION IS CONFIDENTIAL INFORMATION OF SPARTON CORPORATION. (iii) Unless the Plant Clearance Officer has agreed otherwise, or the contract requires electronic submission of inventory disposal schedules, the Contractor shall prepare separate inventory disposal schedules for— (A) Special test equipment with commercial components; (B) Special test equipment without commercial components; (C) Printing equipment; (D) Information technology ( e.g. ., computers, computer components, peripheral equipment, and related equipment); (E) Precious metals; (F) Mononuclear hazardous materials or hazardous wastes; or (G) Nuclear materials or nuclear wastes. (iv) The Contractor shall describe the property in sufficient detail to permit an understanding of its intended use. Property with the same description, condition code, and reporting location may be grouped in a single line item.