Examples of FF Products in a sentence
Knight may impose reasonable credit limits on the amount of FF Products that are on order or unpaid from time to time.
Knight shall initially invoice Synergy for the Cost of Goods for FF Products supplied hereunder.
Synergy acknowledges that Xxxxxx’x liability for any and all claims arising from or in connection with the supply of FF Products under this Agreement shall be limited to the amounts that Knight may itself recover from the Manufacturer less all amounts incurred by Xxxxxx to recover such amounts.
For greater certainty, the said appointment shall not limit the right of Knight (directly or through its Affiliates) to distribute FF Products in Canada through Direct Channel Sales and Retail Sales.
Knight shall be solely responsible, at Synergy’s expense, for preparing, filing, and managing any Regulatory Submission required after the date hereof and for maintaining at Synergy’s expense any Regulatory Approval for the FF Products in Canada.
Knight will supply FF Products to Synergy at a price (the “Product Price”) equal to the aggregate of (i) the Cost of Goods and (ii) in respect to FF Products sold through Direct Channel Sales, thirty percent (30%) of Gross Sales from Direct Channel Sales and (iii) in respect to FF Products sold though Retail Sales, five percent (5%) of Gross Sales from Retail Sales.
Upon the execution of this Agreement, Synergy shall purchase Knights’ inventory of FF Products for a purchase price equal to Knight’s Cost of Goods for same.
Except as set forth otherwise in Section 2.3, Synergy will purchase all of its requirements of FF Products for Canada and in respect of Direct Channel Sales or Retail Sales exclusively from Knight, subject to the terms and conditions of this Agreement.
In addition to its other obligations, commitments and undertakings set out in this Agreement, Xxxxxx agrees to assume the reasonable costs of intellectual property filings, procurement and maintenance for all intellectual property applications and registrations associated with the FF Products in Canada.
Synergy shall pay Knight’s invoice for the Cost of Goods no later than thirty (30) days after delivery of FF Products relating thereto.