Common use of Termination inventory Clause in Contracts

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. 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, ▇▇▇▇▇▇ COOPER may dispose of all Tires in process or in inventory at its discretiondi▇▇▇▇▇▇on. 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 ▇▇▇▇▇▇ COOPER prior to the date of such termination against TBC's firm order at the orde▇ ▇▇ ▇he prices then in effect. It is specifically agreed TBC may purchase, on a C.O.D. basis, any or all Tires produced by ▇▇▇▇▇▇ COOPER 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 ▇▇▇▇▇▇COOPER.