ISMT definition

ISMT means the Deferred Consideration in respect of the SMT Business, which shall be payable together with I3 on the date set out in Clause 4.3;
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Examples of ISMT in a sentence

  • In particular, ISMT does not issue any warranties with respect to the marketability of the Goods or the suitability of the Goods or Services for any purpose.

  • This penalty is without prejudice to all other contractual and other rights on the part of ISMT, including the right to compensation for damages or the right to terminate the Agreement.

  • Costs, including travel and accommodation costs may be charged by ISMT for such support.

  • For the sake of completeness, in respect of Goods or components of Goods that are not manufactured by ISMT a warranty is only given in so far as the manufacturer of the Good or component in question has issued a warranty to ISMT.

  • Unless expressly agreed otherwise in the Agreement, ISMT will be allowed to apply a minor deviation with respect to the specifications or quality of the Goods, such as the colour, quantity, size or weight, without such qualifying as a breach of ISMT to comply with its obligations.

  • For Services, this occurs when ISMT starts providing the relevant Services in accordance with the order.

  • In the event ISMT exceeds a term or delivery time, this will not constitute a breach of the Agreement.

  • If the Goods or Services infringe upon the Intellectual Property Rights of third parties, this infringement has a material impact on the Agreement or the use of the Goods and Services and this infringement is attributable to ISMT, ISMT’s sole obligation is to make reasonable steps to acquire the right for the Customer to use the Goods or Services or to offer the Customer a replacement, in the absence of which the sole right of the Customer is to dissolve the Agreement.

  • If the entire quantity of Goods has not been called off after the applicable delivery term has ended, ISMT will have the right to either deliver all remaining Goods immediately or in parts, or to cancel the purchase with respect to the Goods that have not yet been delivered, without prejudice to ISMT’s right to compensation.

  • If the Customer fails to comply with this obligation, it will be liable for all costs and damages ISMT incurs or will incur asa result thereof.

Related to ISMT

  • FISMA means The Federal Information Security Modernization Act of 2014 (Pub.L. No. 113-283 (Dec. 18, 2014.).

  • IAPPC means a valid international air pollution prevention certificate for the Vessel issued under Annex VI.

  • ISA means the Israeli Securities Authority.

  • QC means quality control.

  • dwarfism means a medical or genetic condition resulting in an adult height of 4 feet 10 inches (147 centimeters) or less;