Common use of Transfer of Inventory Clause in Contracts

Transfer of Inventory. PROBE shall cause GP France to permit BIOMERIEUX to inspect and audit its inventory and to transfer its inventory to BIOMERIEUX in accordance with the terms and conditions set forth in Exhibit C to the Distributorship Arrangements Agreement and on the basis therein provided, and BIOMERIEUX shall make payment accordingly. On termination of the Distributorship Arrangements Agreement, GEN-PROBE shall have the option to repurchase any inventory acquired by BIOMERIEUX from GP France in accordance with Section 4 of said agreement.

Transfer of Inventory. GEN-PROBE shall cause GP France to permit BIOMERIEUX to inspect and audit its inventory and to transfer its inventory to BIOMERIEUX in accordance with the terms and conditions set forth in Exhibit C to the Distributorship Arrangements Agreement and on the basis therein provided, and BIOMERIEUX shall make payment accordingly. On termination of the Distributorship Arrangements Agreement, GEN-PROBE shall have the option to repurchase any inventory acquired by BIOMERIEUX from GP France in accordance with Section 4 of said agreement.

Transfer of Inventory. GEN-PROBE shall cause GP France to permit BIOMERIEUX to inspect and audit its inventory and to transfer its inventory to BIOMERIEUX in accordance with the terms and conditions set forth in Exhibit C to the Distributorship Arrangements Agreement and on the basis therein provided, and BIOMERIEUX shall make payment accordingly. On termination of the Distributorship Arrangements Agreement, GEN-PROBE shall have the option to repurchase any inventory acquired by BIOMERIEUX from GP France in accordance with Section 4 of said agreement.. D.