Demo Unit definition

Demo Unit means a unit of the R Stent which Spectranetics gives * * * to a customer or potential customer.
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Demo Unit means a product that is either new or refurbished that is owned by the Company and is loaned to the Customer for a specified trail period of time.
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Examples of Demo Unit in a sentence

  • With respect to Demo Unit Placeholder Invoices, Borrower represents and warrants that the cost determined by Borrower is based upon the best information available to Borrower and accurately and reflects same.

  • Pod Demo Units & Annual Quota Reseller agrees to buy at least one Solstice Pod Demo Unit (at a discounted rate of $399) at the time of onboarding.

  • Subject to the terms of this Agreement, Borrower may request that Bank finance specific Eligible Accounts and Demo Unit Placeholder Invoices.

  • Upon completion of functionality testing satisfactory to PHYTOCHEM, OM will deliver and provide in person training to PHYTOCHEM at PHYTOCHEM’s facilities of the use and function of the Demo Unit.

  • Without limiting the provisions of Section ----------------------- 4.1 of this Agreement, Nortel shall promptly return all TSR equipment (the cost of such return to be borne 50% by Avici and 50% by Nortel), other than the GST Units, Beta Unit and Demo Unit (each as defined in Section 8 of this Agreement), shipped by Avici to Nortel or to a third party at the request of Nortel.

  • Upon satisfactory testing of the Demo Unit, PHYTOCHEM will purchase two commercial Phytoextractors (“Commercial Units”) from OM that meet the specifications set forth on Exhibit D.

  • The Demo Unit shall be used for U.S. demonstrations and be solely owned by PHYTOCHEM free and clear of all liens, claims and encumbrances.

  • PHYTOCHEM shall own 60% and OM shall own 40% of new Intellectual Property used in the further development of the Demo Unit and Commercial Units.

  • Pod Demo Units & Annual Quota ▇▇▇▇▇▇▇▇ agrees to buy at least one Solstice Pod Demo Unit (at a discounted rate of $399) at the time of onboarding.

  • The aggregate amount of Advances made based upon Demo Unit Placeholder Invoices may not exceed $3,000,000.00.

Related to Demo Unit

  • Heat unit means a unit of energy equal to the product of the peak kilovoltage, milliamperes, and seconds, i.e., kVp x mA x second.

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

  • Mobile food unit means a vehicle-mounted food service establishment designed to be readily movable.

  • Service unit means a standardized measure of consumption, use, generation, or discharge attributable to an individual unit of development calculated in accordance with generally accepted engineering or planning standards for a particular category of capital improvements.