Distribution Point definition
Examples of Distribution Point in a sentence
For the avoidance of doubt, the Fee for the Catalyze Product shall also be subject to the same Fee adjustment provisions as set forth in Sections 11.1 and 11.2; provided, however, the Initial Lock Period for the Catalyze Product shall begin on the date Supplier first delivers the Catalyze Product to BioStem’s designated Distribution Point pursuant to a Purchase Order for the Catalyze Product and continue for twelve (12) months following such date.
Deliveries for Purchase Orders shall be to the Distribution Point.
Placement into storage because of BioStem’s or its carrier’s failure to timely take delivery will not constitute delivery, however, in such instance, Supplier’s Facility shall be deemed the Distribution Point solely for purposes of title and Risk of Loss considerations (i.e., while Supplier is storing such Product, BioStem shall hold title to the Product with Supplier bearing the Risk of Loss).
In each Purchase Order, BioStem will specify the requested quantity of the Product by SKU, the requested delivery date and Distribution Point.
Delivery of the Products to the Distribution Point and/or to BioStem’s carrier as defined in the applicable Fulfillment Order will not constitute acceptance by BioStem or waive any rights of inspection or rejection.