Common use of Disposition of Inventory Clause in Contracts

Disposition of Inventory. In the event Altera terminates this Agreement without cause pursuant to subparagraph 15.2 or Distributor terminates on the ground that Altera has breached the Agreement, Altera will repurchase from Distributor at Distributor's option any or all unsold non-discontinued and non-obsolete Products in Distributor's inventory at the net price paid by Distributor. Products returned under this provision are subject to paragraph 9. 1. In the event Distributor terminates this Agreement without cause or Altera terminates with cause pursuant to subparagraph 15.3 above, Altera may, at its option, repurchase from Distributor any or all unsold Altera products in Distributor's inventory at the same price as set forth in the sentence immediately preceding. The party terminating this Agreement shall pay all transportation charges for Products returned to Altera.

Disposition of Inventory. In the event Altera terminates this Agreement without cause pursuant to subparagraph 15.2 14.2 or Distributor terminates on the ground grounds that Altera has breached the Agreement, Altera will repurchase from Distributor at Distributor's option any or all unsold non-discontinued and non-obsolete Products in Distributor's inventory at the net price paid by Distributor. Products returned under this provision are subject to paragraph subparagraph 9. 1. In the event Distributor terminates this Agreement without cause or Altera terminates with cause pursuant to subparagraph 15.3 14.3 above, Altera may, at its option, repurchase from Distributor any or all unsold Altera products Products in Distributor's inventory at the same price as set forth in the sentence immediately preceding. The party terminating this Agreement shall pay all transportation charges for Products returned to Altera.

Disposition of Inventory. In the event Altera terminates this Agreement without cause pursuant to subparagraph 15.2 or Distributor terminates on the ground that Altera has breached the Agreement, Altera will repurchase from Distributor at Distributor's option any or all unsold non-discontinued and non-obsolete Products in Distributor's inventory at the net price paid by Distributor. Products returned under this provision are subject to paragraph 9. 1. In the event Distributor terminates this Agreement without cause or Altera terminates with cause pursuant to subparagraph 15.3 above, Altera may, at its option, repurchase from Distributor any or all unsold Altera products in Distributor's inventory at the same price as set forth in the sentence immediately precedingpreceding less a five (5%) percent handling charge to be deducted by Altera from any credit to be issued to Distributor. The party terminating this Agreement shall pay all transportation charges for Products returned to AlteraAlte▇▇.