Scrap Materials definition
Examples of Scrap Materials in a sentence
The Contractor will provide commercial Food Scrap Materials Collection for a fee as established in accordance with this Agreement at least weekly to any Customer requesting the service.
Given the usage of the potential value in these by-products after proper screening, processing, and recycling, the management at Wuling Industrial used to take an approach that internally transforms these by-products into valued materials (i.e. Processed Scrap Materials) with their own expense.
When the consigned Processed Scrap Materials are sold to its customers by Wuling Real Estate, Wuling Industrial shall pay Wuling Real Estate the consignment fee for the provision of Consignment Services, which is determined based on the gross sales revenue of the consigned Processed Scrap Materials multiplied by the applicable consignment commission rate.
As (i) significant time-consuming for the management of Wuling Industrial to engage ultimate customers in marketing, selling and transport coordinating the Processed Scrap Materials; and (ii) given Wuling Industrial strategic focus on core business activities such as manufacturing automotive components and assembling commercial vehicles, the decision was made to delegate the sales operations of these Processed Scrap Materials to specialized recyclers.
In this connection, Wuling Industrial shall make profit from the net sales revenue, which is equal to the gross sales revenue of the consigned Processed Scrap Materials less the respective consignment fee payable to Wuling Real Estate.
The List of Prohibited Scrap Materials for Acceptance (see enclosed copy of list) is posted at the entrance of the Colorado Industrial Recycling facility and is available in printed form at the scale house.
Moreover, Wuling Industrial actively engage with potential customers, offering these Processed Scrap Materials through tender processes and other suitable marketing avenues, to maximize the value of the by-products and generate extra revenue-stream.
All awards for the taking of any part of the Premises or any payment made under the threat of the exercise of compensation for diminution of value of a leasehold or for the taking of the fee or as severance damages; provided, however, that Lessee shall be entitled to any award for loss of or damage to Lessee's trade fixtures and removable personal property.
Recycling of Scrap Materials: Contractor shall recycle all scrap metal through a scrap metal recycler, possessing all necessary permits, licenses and other governmental approvals.
Receiver shall have the right to refuse any item which does not conform to the terms of this Agreement or other standards as may, from time to time, be established by Receiver in its sole discretion, including, but not limited to, the Receiver List of Prohibited Scrap Materials.