Unmarketable definition
Examples of Unmarketable in a sentence
The Insured shall notify the Company promptly in writing (i) in case of any litigation as set forth in Section 5(a) of these Conditions, (ii) in case Knowledge shall come to an Insured hereunder of any claim of title or interest that is adverse to the Title, as insured, and that might cause loss or damage for which the Company may be liable by virtue of this policy, or (iii) if the Title, as insured, is rejected as Unmarketable Title.
Should Seller be unable to convey Marketable Title as defined herein, Buyer may accept such Title as Seller can convey, or may reject the Unmarketable Title, receive back all Deposit money, and declare this Agreement null and void.
If the Company establishes the Title, or removes the alleged defect, lien, or encumbrance, or cures the lack of a right of access to or from the Land, or cures the claim of Unmarketable Title, all as insured, in a reasonably diligent manner by any method, including litigation and the completion of any appeals, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused to the Insured.
Unmarketable condition refers to products that do not meet the criteria defined for marketable condition.
If the product is in Unmarketable** condition and is returned within 30 days of receipt of goods no refund will be given.
Unmarketable residue, not to exceed twenty five percent (25%) by weight of the total combined mixed and single source separated Construction Related Material delivered from City to both facilities, measured as provided in Attachment E, may disposed of at a permitted Landfill.
If the scrip consideration component of the Scheme Consideration to be issued to any particular Scheme Shareholder (other than an Ineligible Foreign Envestra Shareholder) would result in the Scheme Shareholder receiving an Unmarketable Parcel, then, in respect of the APA Securities to which the Scheme Shareholder would otherwise be entitled as Scheme Consideration, that Scheme Shareholder may elect to have the APA Securities issued to the Nominee to be dealt with in accordance with clause 5.7.
Unmarketable materials and residue may be disposed of at a permitted disposal site.
If the product is in Unmarketable** condition and is returned within 30 days of receipt of goods refund value will be assessed by Grievance Redressal Officer and appropriate value will be given.
Testing of marketable products following shipment of Unmarketable Products will also be conducted to ensure that the shipment of Unmarketable Products is not causing a contamination problem in the pipeline.