Common use of Consigned Inventory Clause in Contracts

Consigned Inventory. A. For purposes of this Addendum, "Consigned Inventory" shall mean inventory owned by Seller and delivered to a Site for Buyer's specific use. B. The parties shall agree in writing to the Parts that will be included in the Consigned Inventory and appropriate stocking levels. C. Title to all Parts in the Consignment Inventory is and shall remain in Seller until the Parts are issued from the Consignment Inventory to the Buyer.

Appears in 3 contracts

Samples: Purchase Agreement (Cascade Microtech Inc), Purchase Agreement (Cascade Microtech Inc), Purchase Agreement (Cascade Microtech Inc)

AutoNDA by SimpleDocs

Consigned Inventory. A. 2.1. For purposes of this Addendum, "Consigned Inventory" shall mean inventory owned by Seller and delivered to a Site for Buyer's specific use. B. 2.2. The parties shall agree in writing to the Parts that will be included in the Consigned Inventory and appropriate stocking levels. C. 2.3. Title to all Parts in the Consignment Inventory is and shall remain in Seller until the Parts are issued from the Consignment Inventory to the Buyer.

Appears in 2 contracts

Samples: Purchase Agreement (Formfactor Inc), Purchase Agreement (Formfactor Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!