Party Goods definition
Examples of Party Goods in a sentence
Borrower shall take such action as Lender may from time to time require to assure Lender that no Person storing any Third Party Goods with Borrower has any interest in the Negative Pledge Assets.
Schedule 3.7 attached hereto sets forth a complete listing of all Persons now having an interest in any Third Party Goods.
Third- Party Goods are deemed accepted by Customer unless Customer provides Microchip written notice to the contrary specifying the non- conformance (i) within 5 days of Customer’s receipt of the tangible Third-Party Goods, or (ii) if the Third-Party Good is software provided as a downloadable item, then within 5 days of delivery of such software.
Directed Third Party Goods are not covered by the warranty in Section 6(a).
Factory Card shall (i) maintain the current insurance coverages as previously provided to Amscan (or comparable replacement coverages) during the Term, (ii) name Amscan as an additional loss payee to the extent of the full replacement cost of everyday Party Goods consigned to Factory Card during the Term and (iii) upon request of Amscan, provide appropriate certificates or other evidence of such loss insurance.
Amscan will pay all personal property taxes, if any, associated with Amscan’ ownership of consigned inventory of everyday Party Goods located in the Warehouse.
From and after the Conversion Date, Amscan will maintain an inventory level of everyday Party Goods in the Warehouse so that, on an average daily basis each week, the quotient obtained by dividing (i) the aggregate number of skus or designs included in the everyday Party Goods line that are not out of stock in the Warehouse by (ii) the aggregate number of skus or designs included in the everyday Party Goods line that are required for display in Factory Card’s stores at such time (the “Stock Rate”) is *.
Amscan grants to Factory Card and its affiliates during the Term a non-exclusive royalty-free right and license to use the trademarks, service marks and logos owned by Amscan or its affiliates (the “Amscan Proprietary Marks”) in connection with any advertising or promotional materials relating to the sale of Party Goods contemplated herein or as otherwise approved by Amscan, which approval shall not be unreasonably withheld.
Commencing on the Conversion Date, all everyday Party Goods supplied by Amscan on or after such date shall be shipped by Amscan at its own cost and transit risk, to the Warehouse as consigned inventory.
Amscan agrees that, upon the reasonable written request of Factory Card, it will at its own cost and transit risk, promptly remove from the Warehouse any everyday Party Goods that Factory Card, in its sole discretion, determines will not be shipped to any of its stores.