Unique Materials definition
Examples of Unique Materials in a sentence
If the Parties agree to have Seller seek to re-stock or re-market any Unique Materials, Buyer will compensate Seller for its reasonable costs, which shall include but not be limited to, cancellation or restocking charges, costs of preparation and packaging of assemblies or Materials for shipment to Buyer or any third party authorized by Buyer, and costs of terminating any open Purchase Orders or contracts which had been authorized by Buyer.
Seller agrees to inform Buyer of such purchases and Buyer shall have the right to pre-approve all purchases of Unique Materials ordered in excess of forecast.
Connetics acknowledges that the acceptance of a purchase order triggers the purchase of Unique Materials, as defined in Section 3.12.
The following provisions shall survive any termination of this Agreement: 2.4 (NRE), 2.5 (Masks), 2.8 (Unique Materials); , 5 (Warranty/Returns); 6.1 (Pricing); 6.2 (Payment Terms); 7.3 (Effect of Termination), 8 (Restrictions) Indemnification and Limitation of Liability), 9 (Confidentiality), and 10 (General Provisions).
EDT may invoice SM for *** of Unique Materials after they are made obsolete.