Examples of Xxxx and Hold Products in a sentence
Title to Products only and risk of loss for Products and Licensed Material for Xxxx and Hold Products shall pass to Customer upon stocking at Seller's facility or Customer's designated location, whichever occurs earlier.
Such invoice will serve as Seller's notification that Xxxx and Hold Products are complete and ready to be released by Customer for final shipment.
Notwithstanding the title transfer provision of Section 4 above, title to the Xxxx and Hold Products shall transfer to Cricket as of the date of the issuance of an invoice for such Xxxx and Hold Products to Cricket.
Xxxx and Hold Products will be invoiced by Seller upon the earlier of (i) completion of assembly at Seller's facility or (ii) upon stocking at Customer's designated location.
Title to Products only and risk of loss for Products and Licensed Material for Xxxx and Hold Products shall pass to Customer upon stocking at Seller's facility or Customers designated location, whichever occurs earlier.
For Xxxx and Hold Products the warranty will commence upon the date of stocking at Seller's facility or Customer's designated location.
CellStar shall provide its creditors and lenders with that notice that is customary and/or required under law or any agreements regarding the transfer of title and the Xxxx and Hold procedures set forth in the Agreement and this First Amendment such that any and all such lenders and creditors are on notice that the Xxxx and Hold Products held in the CellStar facility are the property of Cricket and are not subject to any security interest, lien or other encumbrance of CellStar or its lenders and creditors.
At Cricket's option, CellStar shall either: (i) ship such Products identified by Cricket to the locations Cricket designates in writing; or (ii) temporarily hold such Products at CellStar's facility, subject to the segregation requirements described in Section 6(a) below (the "Xxxx and Hold Products"), and thereafter ship such Xxxx and Hold Products at the times and to the locations Cricket designates in writing.
Seller will invoice Xxxx and Hold Products upon the earlier of (i) completion of assembly at Seller's facility or (ii) upon stocking at Customer's designated location.
For purposes of clarification, "CellStar owned Cricket Product" includes only that Product to which CellStar has title pursuant to the Agreement, and does not include any Xxxx and Hold Products or Consignment Products.