PURCHASE OF MATERIAL Sample Clauses

PURCHASE OF MATERIAL. 4.1 The Operator shall purchase all Materials for Mining Operations. 4.2 Materials purchased and services procured by the Operator directly for the Mining Operations shall be charged to the Joint Account at the price paid by the Operator less all discounts actually received. 4.3 So far as it is reasonably practical and consistent with efficient and economical operations the Operator shall purchase, furnish or otherwise acquire only such Material and the Operator shall attempt to minimize the accumulation of surplus stocks of Material. 4.4 Any Participant may sell Material or services required in the Mining Operations to the Operator for such price and upon such terms and conditions as the Management Committee may approve. 4.5 Notwithstanding the foregoing provisions, the Operator shall be entitled to supply for use in connection with the Mining Operations equipment and facilities which are owned by the Operator and to charge the Joint Account with such reasonable costs as are commensurate with the ownership and use thereof.

PURCHASE OF MATERIAL. 4.01 Subject to subsection 4.04 of this Appendix I the Operator shall purchase all Materials and procure all services required in the Mining Operations.

PURCHASE OF MATERIAL. 4.1 Subject to subparagraph 4.04 of this Appendix I the Operator shall purchase all Material and procure all services required in the Mining Operations; 4.2 Materials purchased and services procured by the Operator directly for the Mining Operations shall be charges to the Joint Account at the price paid by the Operator less all discounts actually received; 4.3 So far as it is reasonably practical and consistent with efficient and economical operations, the Operator shall purchase, furnish or otherwise acquire only such Material and Assets as may be required for immediate use. The Operator shall attempt to minimise the accumulation of surplus stocks of Material; 4.4 Any Participant may sell Material or services required in the Mining Operations to the Operator for such price and upon such terms and conditions as the Management Committee may approve; 4.5 Notwithstanding the foregoing provisions of this paragraph 4, the Operator shall be entitled to supply for use in connection with the Mining Operations equipment and facilities which are owned by the Operator and to charge the Joint Account with such reasonable costs as are commensurate with the ownership and use thereof.

PURCHASE OF MATERIAL. SELLER agrees to sell and deliver Material to BUYER, and BUYER agrees to accept and pay for Material, in accordance with these Terms during the term of the Agreement. The rates of payment, delivery destinations (each a “Destination”), units of deliveries per period, delivery window (beginning date and ending date), and material specifications for material purchased shall be separately documented in the form of purchase order used by BUYER from time to time (the “Purchase Order”). Unless otherwise agreed to by the Parties in writing any Purchase Order shall be subject to the Terms. The amount of Material described in any Purchase Order is an estimate only and the actual amount of Material purchased by BUYER may deviate by up to ten percent (10%) of any amount shown in a Purchase Order.

PURCHASE OF MATERIAL. On the terms and subject to the conditions hereinafter set forth, Seller shall process Material for the Buyer, in accordance with Attachment 1 and pursuant to a written Purchase Order submitted by Buyer for not less than the minimum quantity of Material and Material processing depicted in Paragraph 2 hereunder. By way of example, and not by way of limitation, ten (10) cows shall yield approximately thirty (30) kilograms of Material).

PURCHASE OF MATERIAL. 23.1 The Operator will purchase all materials and procure all services required in the Mining Operations. 23.2 Material purchased and services procured by the Operator directly for the Mining Operations will be charged to the Project Account at the price paid by the Operator less deduction for all discounts actually received. 23.3 So far as it is reasonably practical and consistent with efficient and economical operations, the Operator will purchase, furnish or otherwise acquire only such Material and the Operator shall attempt to minimize the accumulation of surplus stocks of materials. 23.4 The Operator shall be entitled to supply for use in connection with the Mining Operations equipment and facilities which are owned by the Operator and the charge the Project Account with such reasonable costs which is commensurate with the ownership and use thereof.

PURCHASE OF MATERIAL. Sourcing of components Supplier may source components from any agreed third party fulfilling the agreed specification of each component. Supplier is responsible to secure supply of component to enable the delivery of the Product as per the latest advised forecast. Liability of risk order material. Sony Ericsson will assume liability for long lead items as defined below, included in the BOM for the volumes as estimated in the forecast provided by Sony Ericsson, Such liability is limited to maximum 14.000 units per month for a three month period. (i.e. Maximum 42.000 unit of each item) The price for such long lead items as defined below. Supplier undertakes to make his best efforts to cancel any outstanding purchase order of components or to resell or reuse any excess component prior to making any claim to Sony Ericsson. Supplier undertakes to keep such material in stock free of charge for the first three months after the latest production lot. From month four to nine after such event Sony Ericsson will cover the interest cost of the listed items based upon an reasonable interest rate and reasonable warehousing cost for the items listed herein. After this nine months period Supplier may claim that this liability undertaking by Sony Ericsson shall be executed. Supplier shall not keep more material in stock than necessary considering lead times among others. The maximum liability under any circumstance is limited to 435.120 USD Part number Description Leadtime, Weeks Price, USD ----------- ----------- --------------- ---------- Sensor 12 3,30 Flash memory 12 1,30 RAM memory 12 1,80 Lens 12 2,75 ESD Protector IC 9 0,27 Regulator 9 0,13 Regulator 9 0,14 Tan Cap 9 0,25 Tact Switch 8 0,12 Crystal 8 0,3 For the Argus circuit special conditions will apply as below, (as agreed with C-Tech) Namtai to place such Frame Order at C-Tech as outlined below PRICE OF ARGUS ASIC CT100A1-BG BGA160: 0-50 000 units: USD 6.45 51 000 to 100 000 units: USD 5,95 > 100 000 units: USD 5,85 The price is firm for deliveries during 2002 and 2003. Sony Ericsson and C-Tech will re negotiate such price in December 2002.

PURCHASE OF MATERIAL i) Material purchase orders of The Bus Manufacturer must be specifying quality, Standards, grade etc. of supplied material. Inspecting official(s) of Authority would carryout random checks and satisfy itself of these details vis-à-vis those specified in this Agreement. ii) In addition, copies of invoices of respective Manufacturers from whom the material had been purchased, be enclosed and these should also have details of quality & grade etc. Authority shall also satisfy itself of these details as above before permitting usage in the Bus. iii) For items/ materials to be used as per BIS/ AIS/ASRTU Standards, the Bus Manufacturer shall show & furnish a copy of Laboratory Test Certificate from approved Laboratories near the location of Bus Bodybuilder in respect of material proposed to be used in the body building of the Bus. ‘ISI’ or ‘E’ marked items of concerned country used in manufacturing of bus need no testing.

PURCHASE OF MATERIAL. 4.01 Subject to subsection 4.04 of this Appendix II the Operator shall purchase all Materials and procure all services required in the Mining Operations. 4.02 Materials purchased and services procured by the Operator directly for the Mining Operations shall be charged to the Joint Account at the price paid by the Operator less all discounts actually received. 4.03 So far as it is reasonably practical and consistent with efficient and economical operations, the Operator shall purchase, furnish or other wise acquire only such Material and Assets as may be required for immediate use. The Operator shall attempt to minimize the accumulative of surplus stocks of Material.