Demonstration Equipment definition

Demonstration Equipment has the meaning given such term in Section 3.2(b).
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Demonstration Equipment or "Service Equipment" subject to review and acceptance by AI.
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Demonstration Equipment means products of Borrower delivered to potential resellers or customers.
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Examples of Demonstration Equipment in a sentence

  • As of the Closing, either Metron or a Metron Selling Affiliate will have good and marketable title to each of the Products, Spare Parts, Demonstration Equipment and other assets of the Distribution Business free and clear of all Liens.

  • Any freight and customs charges payable or value added taxes payable in connection with the repurchase by FSI of the Product Inventory, Spare Parts Inventory and Demonstration Equipment shall be paid by FSI and the FSI Purchasing Affiliates.

  • Metron undertakes to transfer to each of the Metron Selling Affiliates such amounts of the Purchase Price to which each such Affiliate may be entitled based on its ownership or possession of Product Inventory, Spare Parts Inventory and/or Demonstration Equipment transferred pursuant to Articles III and IV.

  • Metron shall and shall cause the Metron Selling Affiliates to deliver the Product Inventory, Spare Parts Inventory and Demonstration Equipment purchased by the FSI Purchasing Affiliates on the Closing Date free and clear of all Liens in accordance with the Transition Plan and the written instructions of FSI and pursuant to the documents and instruments to be delivered by Metron pursuant to Section 8.4(b).

  • Return of Distributor’s Sales Demonstration Equipment for Refurbishment or Upgrade.

  • Such Demonstration Equipment Listing shall indicate Metron or the relevant Metron Selling Affiliate owning or possessing such Demonstration Equipment and shall further specify the product number, location and current book value of each such item of Demonstration Equipment.

  • Within thirty (30) days following the end of each fiscal quarter of Metron from the Effective Date to the Closing Date, or at such other times as the parties may agree, Metron shall provide FSI with an updated Demonstration Equipment Listing, including a listing as of Closing Date.

  • Payment of the Demonstration Equipment Repurchase Price shall be made in accordance with the terms of Article II governing payment of the Purchase Price.

  • C) The Distributor agrees to allow the End User to undertake sales evaluations (trials) of the product(s), using the Distributor’s own Demonstration Equipment as necessary.

  • By virtue of execution of this Agreement, Ziplink acknowledges and agrees that all Evaluation Orders and Demonstration Equipment provided under the purchase orders set forth in Schedule 1 attached hereto (which purchase orders identify Ziplink, Ziplink LLC or Ziplink Internet as the purchaser) shall, upon execution of this Agreement, be deemed consummated purchases of Products made exclusively by Ziplink from AII.

Related to Demonstration Equipment

  • Production equipment (1 7 9) means tooling, templates, jigs, mandrels, moulds, dies, fixtures, alignment mechanisms, test equipment, other machinery and components therefor, limited to those specially designed or modified for "development" or for one or more phases of "production".

  • CONSTRUCTION EQUIPMENT means all appliances and equipment of whatsoever nature for the use in or for the execution, completion operation or maintenance of the work unless intended to form part of permanent work.

  • Field emission equipment means equipment which uses an x-ray tube in which electron emission from the cathode is due solely to the action of an electric field.

  • Interconnection equipment means a group of components or an integrated system owned and operated by the interconnection customer that connects an electric generator with a local electric power system, as that term is defined in Section 3.1.6.2 of IEEE Standard 1547, or with the electric distribution system. Interconnection equipment is all interface equipment including switchgear, protective devices, inverters or other interface devices. Interconnection equipment may be installed as part of an integrated equipment package that includes a generator or other electric source.

  • Transportation equipment means 1 or more of the following: