Demonstration Stock definition

Demonstration Stock means any Product that FortiPartner purchases as a demonstration unit, as expressly stated in an order submitted to Fortinet's order administration department, to give, lend, place with, or stage with a customer or potential customer solely to enable the customer or potential customer to review and evaluate the Product and not for use in production.
View Source

Examples of Demonstration Stock in a sentence

  • VARs are expected to hold Demonstration Stock and be able to fully demonstrate them accordingly.

  • Any discount provided to FortiPartner for Demonstration Stock shall be used solely for the purchase of Demonstration Stock.

  • The Dealer is entitled to a discount to be deducted from the List price, applicable for all orders, other than for Demonstration Stock, of 25% off the published List Prices in EUR (except ON SITE installation/training, travel and expenses items) net of packing, carriage and local taxes.

  • The Dealer is entitled to a discount to be deducted from the List price, applicable for all orders, other than for Demonstration Stock, of 25% off the published List Prices in US Dollars (except ON SITE installation/training, travel and expenses items) net of packing, carriage and local taxes.

  • The discount for Demonstration Stock orders for hardware shall be 40% off the published List Prices in US Dollars net of packing, carriage and local taxes.

  • The discount for Demonstration Stock orders for hardware shall be 40% off the published List Prices in EUR net of packing, carriage and local taxes.

Related to Demonstration Stock

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Demonstration means a show, seminar, or contest in which barber services are rendered for the purpose of educating barbers.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.