Hypercom Material definition

Hypercom Material means any Components and other materials used in a Product, or in the manufacture or testing of a Product, to be provided by Hypercom to Venture as listed in the applicable Product Schedule.
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Examples of Hypercom Material in a sentence

  • Venture shall maintain complete and accurate records of the quantity of Hypercom Material received from Hypercom, along with the quantity used in Products shipped to Hypercom and quantity wasted in the manufacture, test and supply of Products.

  • Venture shall perform, at the Facility, all routine installation, testing, repair and maintenance of Hypercom Equipment and all inspection and testing of Hypercom Material.

  • Venture may maintain and properly safeguard any such wasted Hypercom Material so that it may be audited hereunder.

  • Without limiting any obligations of Venture Section 23, Venture shall, at its cost, be responsible for safekeeping at its Facility all Hypercom Material and Hypercom Equipment, shall maintain the same in good condition and repair, and shall store the Hypercom Material and Hypercom Equipment at its Facility free of charge in a place that meets the requirements of this Agreement.

  • Venture shall use Hypercom Material on a “first-in, first-out” basis to avoid obsolete or unusable material.

  • All such Hypercom Material and Hypercom Equipment, while in the possession and under the control of Venture, shall be at Venture’s risk.

  • To this end, Venture shall maintain and properly safeguard any wasted Hypercom Material for a period not to exceed six months, provided that Venture informs Hypercom before scrapping such wasted Hypercom Material.

  • Any amount paid directly to Prairie View on my behalf will be credited to my account.