Consignment Inventory. Tutogen shall have the option to consign inventory --------------------- of the Processed Tissues to Sulzer for the benefit of Processed Tissue users in circumstances in which users could not timely obtain the Processed Tissues directly from Tutogen. In no event shall Sulzer acquire title to the consigned Processed Tissues. Tutogen shall xxxx the consigned Processed Tissues as the sole property of Tutogen.
Consignment Inventory. For the avoidance of doubt, Good Inventory shall include inventory purchased or obtained by the Boss Division subsequent to the Effective Date.
Consignment Inventory. Purchaser will provide Consigned Die, and during the first six (6) months Consigned Materials, to Supplier from time to time for purposes of Supplier’s performance of Services under this Agreement. Such Consigned Die and Consigned Materials shall be stored in the locations and in the manner at the Facility such Consigned Die and Consigned Materials were stored in prior to the Closing Date or as otherwise specified in the Performance Standards, unless the parties agree in advance in writing on any changes to the storage location or procedures at the Facility. Supplier will use the Consigned Die and Consigned Materials to perform Services and Produce Products on a first-in, first-out basis. Upon reasonable advance written notice to Purchaser, Supplier may elect to obtain Materials on its own to perform the Services instead of receiving Consigned Materials from Purchaser; provided, however, if the purchase of such Materials instead of receipt of Consigned Materials results in an increase of costs to Supplier, then Supplier shall not be entitled to include such additional costs in its calculations for cost reconciliation pursuant to Section 2.4 above.
Consignment Inventory. The Consignment Inventory, whether now in consignment or hereafter consigned, is and shall remain the property of Xxxxxxx until such time as such Consignment Inventory is purchased by Universal from Xxxxxxx pursuant to and in accordance with its agreements with Xxxxxxx as in effect from time to time, at which time title to the purchased items of Consignment Inventory shall be transferred to Universal. KeyBank shall not have or assert any interest in any Consignment Inventory that has not been purchased by Universal from Xxxxxxx pursuant to and in accordance with the aforementioned agreements between Universal and Xxxxxxx, whether the Consignment Inventory is stored in bonded warehouses or not. For purposes of clarity, any and all goods shipped by Xxxxxxx to Universal for which title has not passed to Universal pursuant to and in accordance with Universal’s agreements with Xxxxxxx shall be considered Consignment Inventory for purposes of this Agreement. For the avoidance of doubt, once any item of Consignment Inventory is purchased by Universal from Xxxxxxx pursuant to and in accordance with its agreements with Xxxxxxx, all proceeds of such item of Consignment Inventory are subject to the KeyBank Lien and KeyBank shall have a first and prior security interest with respect to such proceeds.
Consignment Inventory. A list of consignment inventory was omitted but it will be furnished supplementally to the Commission upon request.
Consignment Inventory. The Buyer may deduct from the Purchase Price (and lower the amounts of the Contingent Deferred Payments accordingly) the cost associated with any consignment inventory for which, as of the Closing Date, no liability has been established on the Company's books and records for a discrepancy between the Company's perpetual inventory and payables records and the records of the Company's consignment vendors, whether resulting from (1) a shortage in consignment inventory or (2) the sale of such merchandise, either occurring prior to the Closing Date. Buyer will notify the Sellers of any such deductions within 90 days after the Closing Date.
Consignment Inventory. No inventory will be consigned Noble BV (or its Affiliates).
Consignment Inventory. AVEOS agrees to provide to VOLARIS a consignment inventory of Consumables and Expendables (hereinafter referred to as “Consignment Inventory”), which will be placed at the Inventory Warehouse in Toluca. Orders placed by VOLARIS from such Consignment Inventory will be subject to payment of the corresponding invoices at the rates specified in Section 3.1.1 of this Appendix C. The part numbers and associated quantities for the Consignment Inventory will be mutually agreed by VOLARIS and AVEOS at the bi-annual review meeting or at any other time as needed. Consignment Inventory will be replenished by AVEOS according to the terms and conditions of this Agreement.
Consignment Inventory. In the event that any Seller or any of its Affiliates shall receive any payment from any Person for or with respect to the sale after the Closing of any Inventory pursuant to any consignment arrangement with Sellers, Sellers shall direct such Person to pay the proceeds of any such Inventory directly to Buyers, and in the event that such Person pays or otherwise delivers any such amount to any Seller or any of its Affiliates, including by setoff or other satisfaction of any Liabilities of any Seller or any of its Affiliates, then and in any such event such payment or other amounts shall be deemed to be the property of, segregated by, received by, and held in trust for the sole and exclusive benefit of, Buyers, and shall promptly, but in any event within two (2) Business Days, be paid over and delivered to Buyers by such Seller or any of its Affiliates.
Consignment Inventory. SCHEDULE 1.11 lists all inventory held by Seller on consignment ("Consigned Inventory"). SCHEDULE 1.11 also lists the party on whose behalf the Consigned Inventory is held and the terms and conditions relating thereto. Before the Closing, Seller shall have delivered to Buyer all written agreements relating to the Consigned Inventory and summarized all material terms of any oral agreement relating to the Consigned Inventory on SCHEDULE 1.
