Existing Systems definition
Examples of Existing Systems in a sentence
For the purposes of this Agreement, a Product shall be “compatible” if it will continue to perform all significant functions when used in conjunction with Existing Systems, without any modification to such Existing Systems.
In all cases where Seller cannot assure that Modified Products will be compatible with Existing Systems, Seller will provide Buyer with ninety (90) days written notice in advance of Seller’s implementation of such modification, and will use its best efforts to continue to manufacture compatible Products.
The Company shall have delivered to each of the Purchasers evidence that the Existing Systems have achieved COD, in form and substance satisfactory to the Purchasers.
If a Buyer Default has occurred Seller may terminate this Agreement only with respect to those Existing Systems as to which the Payment Date Amount has not yet been paid to Seller, whether or not such Existing Systems are subject to a Sale Notice, by written notice to Buyer and assert all rights and remedies available to Seller at law or in equity, subject to the limitations of liability set forth in Section 8.3.
These recommendations will be included in the Existing Systems Summary discussed in Task 3.10 below.