Common use of Identified Initial Materials Clause in Contracts

Identified Initial Materials. If the Initial Materials are identified on the Delivery Manifest or in the Delivery Deal Terms, then the Notice of Initial Delivery must also specify: (i) any Material Charges for the Initial Materials; (ii) the carrier making delivery; (iii) any delivery costs; and (iv) the method of payment. Distributor will immediately pay all amounts required. Upon receipt of payment, Licensor will immediately make Initial Delivery to Distributor of all Initial Materials by the required Delivery Method.

Appears in 2 contracts

Sources: Licensing Agreement, Multiple Rights Distribution Agreement