Consignment Program Sample Clauses
Consignment Program. Battelle reserves the right to discuss with the seller the requirements necessary to enter into an inventory consignment agreement before or after the award of any contract. Consignment would mean that the seller would hold inventory within the Battelle facility at an agreed upon quantity with an agreed upon liability for finished goods, WIP, and raw material for the duration of the contract.
Consignment Program. Vendor shall also make available to Members, who meet the usage criteria, products on a consignment basis through Vendor’s MiniBarRX system (MiniBarRx), using a refrigeration unit enabled with radio frequency identification (RFID) technology for real time stock visibility and periodic automatic replenishment (PAR) level management. Any Member who desires to participate in this consignment program will submit the required paperwork and sign a MiniBarRs agreement form. Any additional terms and conditions tied to the MiniBarRx program (sample can be found on Exhibit B) will be negotiated by the Member and Vendor, without MMCAP Infuse’s involvement. The Order of Precedence, found in Paragraph 10.6 of the terms will apply.