Obsolete Products definition

Obsolete Products mean those Products inventoried by a Distribution Center for distribution to the Restaurants it services under this Agreement: (i) that Primary Customer has discontinued for distribution to such Restaurants; or (ii) for which no sales have been made to such Restaurants by such Distribution Center for a period of eight (8) weeks or longer.
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Obsolete Products means those costume jewelry products sold by Seller to CJ Business customers, which (i) are listed according to the applicable CJ Business customer by item number or SKU, customer cost and retail price on Schedule 1.1 or (ii) are recognizable by the unaided eye to be damaged.
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Examples of Obsolete Products in a sentence

  • Siemens will not accept any further claims from the Supplier for Obsolete Products after this six week period.

  • The Supplier shall notify Siemens within 6 weeks of the date of the Notice, of Siemens liability for the Obsolete Products which are the subject of the Notice, such liability to be calculated in accordance with this clause.

  • The Buyer may request the Seller to complete and deliver all Obsolete Products included in Work-In-Process at the unit price referenced in EXHIBIT C.

  • Obsolete Products are automatically deleted from Exhibit A after KPS’ notice to Supplier.

  • Whilst the Supplier will use its reasonable endeavours to notify the Customer of its recommendations to upgrade or replace the Obsolete Products in whole or in part, from time to time, where necessary to do so, if the Customer does not wish to follow the Supplier’s recommendations, the Supplier shall only provide the relevant Service on a reasonable endeavours basis, not subject to Service Level Arrangements or any financial penalty and subject to the agreed Fees.

  • Premier is (a) entitled to own or lease its properties and to carry on its business as and in the places where such business is now conducted, and (b) duly licensed and qualified in all jurisdictions where the character of the property owned by it or the nature of the business transacted by it makes such license or qualification necessary, except where the failure to do so would not reasonably be expected to result in a material adverse effect on Premier.

  • Where the Customer decides not to follow the Supplier recommendation or agreement is not reached in respect of the Fees, the Supplier reserves the right to cease the provision of Services in respect of the Obsolete Products.

  • Upon payment of the cancellation charges, all Obsolete Products, Work-In-Process, and non-returnable/non-cancelable components in house or on order shall be delivered to (or held by Seller on a consignment basis), and become the property of, the Buyer.

  • Seller shall use commercially reasonable efforts to discount, accept returns on and otherwise provide credits for Obsolete Products on retail display fixtures located in CJ Business customers’ retail stores within 120 days of the Closing Date.