Common use of CONSIGNED PRODUCTS Clause in Contracts

CONSIGNED PRODUCTS. Buyer acknowledges that certain Products provided by Datalogic may be supplied on a consignment basis. In the event any Product is designated as consigned Products, then Xxxxx agrees to execute all documents provided by Datalogic necessary to effectuate the consignor-consignee relationship and, in addition to any terms and conditions of consignment, specifically agrees that Datalogic shall retain title to all consigned Products until such time as Buyer sells such Products to its buyers at which time title shall pass from Datalogic to the respective buyers. Buyer shall keep an accurate and current inventory and record of all consigned Products and shall permit Datalogic or Datalogic’s representatives to inspect said records and said Products at any reasonable time upon demand.