Itochu definition
Examples of Itochu in a sentence
The delivery shall be deemed to be executed on the basis of FOB Japan according to the INCOTERMS 1993 and the updated versions thereof, and the title and risk of the Cable Modem shall pass from Itochu to Hybrid at the point of the delivery on the condition that the payment for the Cable Modem will have been fully made by the time of the delivery.
The payment by Hybrid to Itochu shall be made by an irrevocable letter of credit (the "Letter of Credit") payable at sight as provided below.
For purposes of this Section 6.12, Itochu Corporation, Itochu Techno-Science Corporation and Itochu Technology, Inc.
In addition to the foregoing, the Cable Modems manufactured by Sharp hereunder will be subject to inspection and acceptance or rejection by Hybrid under such other procedures as Hybrid may reasonably request and which are agreed by Sharp and Itochu.
In case the physical delivery on the basis of FOB Japan precedes the full payment to Itochu by Hybrid of the Cable Modem, the title to the Cable Modem shall be retained by Itochu until such time that the payment is made in full by Hybrid to Itochu.