Consignment Term Sample Clauses
A Consignment Term clause defines the arrangement under which goods are delivered by one party (the consignor) to another (the consignee) for the purpose of sale, while ownership of the goods remains with the consignor until they are sold. Typically, this clause outlines the responsibilities of the consignee regarding storage, care, and reporting of the goods, as well as the process for remitting payment to the consignor after sales occur. The core function of this clause is to clarify the rights and obligations of both parties in a consignment relationship, ensuring that ownership and risk are properly allocated and that both parties understand the terms under which the goods are handled and sold.
Consignment Term. GEHC shall deliver to ENDRA the Equipment in furtherance of the Research Program (the “Purpose”). ENDRA further agrees to return the Equipment to GE promptly on termination or expiration of the CRA.
Consignment Term. The term of this contract is 120 days, with an option provided at the discretion of HA to extend the consignment on select items for 30 additional days at terms mutually agreed upon by HA and the consignor. The consignment contract begins on the day the merchandise is entered into our inventory system. HA will remit 50% of the selling price to the Consignor for any item sold during the 120 day consignment agreement. Markdowns will be as follows: After 40 days, unsold merchandise will be reduced by 15% off the original HA determined retail price After 80 days, unsold merchandise will be reduced by 25% off the original HA determined retail price
Consignment Term. The consignment term is 90 days. The consignment term starts on the date an item is logged into Resort Resale's inventory system. That date can be found on the Merchandise Receipt. Merchandise not sold in 30 days will be marked down 15%, merchandise not sold in 60 days will be marked down an additional 15%. Both markdowns are from the ORIGINAL selling price. Consignors may not pick up unsold merchandise before consignment term expiration date.
Consignment Term. The consignment term is 90 days and starts on the date an item is entered into Alter Home inventory system. That date can be found on the Merchandise Report. Merchandise not sold in 30 days will be marked down 15%, merchandise not sold in 60 days will be marked down an additional 15%. Both markdowns are from the original selling price. Additional reductions up to 10% may apply during periodic sales or specials. Consignors may not pick up unsold merchandise before consignment term expiration.
Consignment Term. (hereinafter “Artist”) has agreed to exhibit the artwork identified in the inventory list, below, at Evergreen Savings and Loan. The artwork identified in the inventory list may be displayed at Evergreen Savings and Loan from , 20 through , 20 .
Consignment Term. The term of this contract is 90 days, with an option provided at the discretion of FYN to extend the consignment on select items for 30 additional days at 50% off the original selling price. The consignment contract begins on the day the merchandise is entered into our inventory system. FYN will remit 50% of the selling price of furniture, rugs and lamps and 40% of the selling price of textiles, accessories and wall decor to the Consignor for any items sold during the 90 day consignment agreement. Markdowns are done at the discretion of FYN.
Consignment Term. The consignment term shall be for a period of 150 days. The consignment term starts on the date an item is logged into Fun Finds and Designs, Inc. inventory system. Items will be marked down every 30 days. All markdowns will be taken from the original price. Our markdown cadence is as follows: Merchandise after 30 days – Item is discounted 10% Merchandise after 60 days – Item is discounted 20% Merchandise after 90 days – Item is discounted 30% Merchandise after 120 days – Item is discounted 50%
Consignment Term. ▇▇▇▇▇▇ agrees to consign all items for a minimum of thirty (30) days. Between 30 and 60 days, consignments may be removed from the premises by SELLER at no charge. Be- fore 30 days, or after 60 days, ▇▇▇▇▇▇ agrees to pay a stocking fee of $20 per consigned item to remove a consignment from the premises. ▇▇▇▇▇▇ agrees to remove unsold consignments on Monday or Friday between 11 am and 4 pm, or by appointment. The staff of Emporium at Creekside will not release any items to SELLER without prior authorization. Seller accounts are settled monthly. Checks for sales proceeds are mailed on the 7th of the following month.