THIS INVENTORY PURCHASE AGREEMENT is made and entered into as of the 21st day of September 2019 (this " Agreement ") by and among Sylios Corp, a Florida Corporation (" Buyer ") and Wanshan Engineering Services, LLC, a Wyoming limited liability company (" Seller " and together with the Buyer, the " Parties "). INVENTORY MANAGEMENT AND PRODUCT PURCHASE AGREEMENT. Inventory Purchase Agreement. By purchasing the shares of the entity, the buyer owns the entity's assets. W I T N E S S E T H: WHEREAS, Seller is engaged through its Semiconductor Test Solutions business unit (" STS") in the . The main benefit of an acquisition checklist is the confidence that . This transfers the shares of the entity, otherwise known as a corporation or LLC, that owns the assets of the business. Sample Clauses. 1.4 Purchase Price. "Transition Period" means the period beginning on the Effective Date and ending when the final piece of Common Equipment, Custom Equipment and Restricted Equipment associated with the . Shares in an LLC are technically called "membership interests.". Seller currently owns certain . Inventory Purchase Agreement. Inventory Purchase Agreement - Table of Contents (based on 1 contracts) Article I. THIS INVENTORY PURCHASE AGREEMENT is made and entered into as of the 10 day of April, 2015 (this "Agreement") by and among GrowGeneration Corp., a Colorado Corporation ("Buyer") and Green Growers, Inc., a Colorado Corporation ("Seller" and together with the Buyer, the "Parties").. RECITALS . This Agreement will be governed by and construed in accordance with the laws of the State of. means the individual agreements between Seller and/or its Relevant Affiliates, on the one hand, and Purchasers and/or their Relevant Affiliates, on the other hand, in respect of the sale of Inventory, in the form attached as Exhibit I to the Disclosure Letter. It is a document that outlines the terms and conditions of a sale. University may, at its option, purchase Contractor's usable inventory of food and related supplies upon termination of this Agreement for any reason; provided, however, University will not purchase any food or supplies in open or partial packages, boxes, or containers. December 27, 2019 ("Execution Date") by and between: Ripple Construction Products Private Limited, a company incorporated under the provisions. It should be used in connection with an asset purchase of a private company. Purchase of Inventory. This INVENTORY PURCHASE AGREEMENT (" Agreement "), is dated and executed on March 31 st, 2006 by and between AGILENT TECHNOLOGIES INTERNATIONAL SARL, a Swiss limited liability company, (" Seller "), and FLEXTRONICS INTERNATIONAL GERMANY GMBH & CO KG, a German limited partnership (" Buyer "). October 30th, 2019. Inventory Consignment Agreement Template will sometimes glitch and take you a long time to try different solutions. Examples of Inventory Purchase Agreement in a sentence. THIS INVENTORY PURCHASE AGREEMENT is made and entered into as of the 12th day of September 2019 (this "Agreement") by and among Sylios Corp, a Florida Corporation ("Buyer") and Wanshan Engineering Services, LLC, a Wyoming limited liability company ("Seller" and together with the Buyer, the "Parties"). Furthermore, you can find the "Troubleshooting Login Issues" section which can answer your . INVENTORY PURCHASE AGREEMENT . INVENTORY PURCHASED.The Seller agrees to sell, transfer, and assign to the Purchaser pursuant to the terms and conditions in this Agreement, and Purchaser agrees to purchase from Seller, all of the Seller's inventory related to its Business as a going concern whether or not carried on the books of Seller, including, but not limited to, all inventory, supplies, raw materials, parts . LoginAsk is here to help you access Inventory Consignment Agreement Template quickly and handle each specific case you encounter. Section 1.1. The purchase price for the Purchased Assets will be $_____, payable as follows: $_____by certified check or wire transfer at closing; $_____ pursuant to the attached Promissory Note. THIS INVENTORY PURCHASE AGREEMENT is made and entered into as of the 10 day of May, 2015 (this "Agreement") by and among GrowGeneration Pueblo Corp., a Colorado Corporation ("Buyer") and Happy Grow Lucky LLC, a Colorado Corporation ("Seller" and together with the Buyer, the "Parties").. RECITALS . Purchase agreements are often used for high-value items or custom orders where the buyer or seller needs assurance that both parties will follow through with the agreed-upon terms. Stock Purchase Agreement (SPA). The vendor decides how much of their goods they would like to sell on behalf of the business. Exhibit 10.12 . The Borrower shall cause each Subsidiary which owns or acquires any Senior Collateral consisting of inventory to be party to the Intercompany Inventory Purchase Agreement.. This Standard Clause has integrated notes with . 2.3 The balance of the Purchase Price plus the Inventory Value (collectively, the "Total Consideration") shall be paid by Purchaser to Seller at Closing, subject to adjustment as The Seller hereby warrants that the Seller has the authority necessary to sign this agreement. This Inventory Purchase Agreement ("Agreement") is made and entered at Mumbai on. INVENTORY PURCHASE AGREEMENT. 1.5 Effective Date. REPRESENTATIONS AND WARRANTIES OF THE SELLER. In exchange for this commitment, the buyer receives special prices and discounts. Technology (Shanghai) Co., Ltd., the Purchaser and the Vendor relating to, among other things, the adjustment of the Purchase Price; "Purchased Inventory" has the meaning set out in Section 2.1; "Supply Agreement" means the agreement for manufacture to be entered into. W I T N E S S E T H: . A consignment inventory agreement is a contract between the business owner and the vendor. 1.2 Agreement to Purchase. This type of agreement usually lasts for an agreed-upon amount of time. Therefore, the parties agree as follows: 1. It's also helpful to have when assets of a business are being sold and the terms of the sale need to be defined. ASSET PURCHASE AGREEMENT THIS ASSET PURCHASE AGREEMENT (the "Agreement") is entered into as of the ____ day of _____, 2014, by and between _____ . At the Closing, Company and Buyer shall execute and deliver an Inventory Purchase Agreement (the "Inventory Purchase Agreement") in the form of Exhibit D attached hereto. This INVENTORY PURCHASE AGREEMENT (" Agreement "), is dated and executed on March 31st, 2006 by and between AGILENT TECHNOLOGIES Inc., a Delaware company, (" Seller "), and FLEXTRONICS TECHNOLOGY (SHANGHAI) LTD., a Chinese company (" Buyer "). Sample 1. Consideration for the Transferred Assets. The purchase price for the . If a contract can be terminated without incurring a penalty, it is not onerous. of the Companies Act, 1956, having corporate identity number U52190TG2012PTC080576 and. A purchase agreement is a legal document between a buyer and a seller. EQUIPMENT AND INVENTORY PURCHASE AGREEMENT "Supplemental Inventory" means the additional $2.5 million in inventory to be transferred from Oclaro to Venture Penang in accordance with Section 2.5 below. Asset Purchase Agreement: Inventory Purchase Price Adjustment Provision. INVENTORY PURCHASE AGREEMENT . The Seller has agreed to sell and the Buyer has agreed to purchase the Purchased Assets (as defined below). At the Closing, Purchaser shall purchase the Assets from Seller, upon and subject to the terms and conditions of this Agreement and in reliance on the representations, warranties and covenants of Seller and Shareholder, in exchange for the Purchase Price (hereinafter defined in Section 1.2.1). If a company has a contract to sell inventory for less than the direct cost to purchase or produce it, it has an onerous contract. A purchase agreement is a contract that commits an organization to buy a specified quantity or amount by using multiple purchase orders over time. Unavoidable costs are the lower of the costs of fulfilling the contract and any compensation or penalties from the failure to fulfill it. The Inventory Purchase Agreement may not be amended, modified or supplemented, except for the addition of Loan Parties, or terminated without the prior written consent . THIS EQUIPMENT AND INVENTORY PURCHASE AGREEMENT ("Agreement"), entered into and effective March 19, 2012 ("Effective Date"): THIS INVENTORY PURCHASE AGREEMENT (this "Agreement") will be signed on October 8, 2007 between Reagents Applications, Inc., a Delaware corporation ("RAI") located at 8225 Mercury Court, San Diego, CA 92121 . But, all profits from these items go to either party (the vendor or the company). 1. Transfer of Assets. A. INVENTORY PURCHASE AGREEMENT. Purchase agreements can apply to a specific quantity of a product, a specific currency amount of a product, or a . THIS AGREEMENT ("Agreement"), dated this 17 of May, 2002, (the "Effective Date"), is made by and between Ingram Micro Inc. ("Ingram"), a Delaware corporation, with their principal place of business at 1600 East Saint Andrew Place, Santa Ana, California 92705 and VMware Inc., ("Vendor"), a Delaware corporation, with its principal . You can cross these items off the list once finished during the period leading up to the closing date (and post-closing). This is necessary for a business if it's ready to purchase a business' assets and want the terms and conditions defined. INVENTORY PURCHASE AGREEMENT This INVENTORY PURCHASE AGREEMENT (this "Agreement"), dated as. Each inventory count sheet shall be executed by a representative of the Sellers and a representative of Buyer. The Owner owns 100% of the outstanding equity of the Seller and has agreed to join in this agreement for the purpose of making certain representations and agreements. Define Inventory Purchase Agreements. DIRECTRAK. A standard part of every asset purchase agreement should be a due diligence checklist to properly identify all items needed to successfully close the deal. PURCHASE AND SALE OF ASSETS. THIS INVENTORY PURCHASE AGREEMENT (this "Agreement") is entered into on October 8, 2007 between Reagents Applications, Inc., a Delaware corporation ("RAI") located at 8225 Mercury Court, San Diego, CA 92121 and Cliniqa Corporation, a California corporation ("Cliniqa") located at 774 Twin Oaks Valley Road, San Marcos, CA 92069. . This INVENTORY PURCHASE AGREEMENT (this "Agreement) is entered into this 13th day of January, 2009, by and between INDUSTRIAL SERVICES OF AMERICA, INC., a Florida corporation (the "Buyer"), VENTURE METALS, LLC, a Florida limited liability company (the "Seller"), STEVE JONES, JEFF VALENTINE and CARLOS CORONA, the . An asset sale agreement finalizes the terms and conditions of a sale and purchase of a company's assets. INVENTORY PURCHASE AGREEMENT . Seller currently owns certain inventory at its . However, for the sake of simplicity, most . Mueller de Mexico S.A. de C.V., a Mexican sociedad anonima de capital . of December 14, 2004, is entered into by and between Niples del Norte S.A. de C.V., a Mexican sociedad anonima de capital variable (the "Seller"), and. The sale and purchase of the Purchased Assets will be effective Article II. This Standard Clause provides for the adjustment of the purchase price based on the value of the inventory included in the purchased assets. Exhibit 10.13 . Section 1.2. A. Pursuant to section 5.2 of the Inventory Purchase Agreement dated June 12, 1997 by and between Plainwell . INVENTORY PURCHASE AGREEMENT .
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