Common use of DELIVERY OF PRECIOUS METAL Clause in Contracts

DELIVERY OF PRECIOUS METAL. All Deliveries of Precious Metal by Consignor will be made to Consignee by Consignor crediting an account of Consignee at a third party supplier of Precious Metal or by delivery at Consignee's Principal Office or other such location approved by Consignor, such Deliveries to be on terms and conditions satisfactory to Consignor. At the time of Delivery or crediting, Consignor shall provide Consignee with particulars of the total quantity of the Precious Metal being Delivered or credited to Consignee. A Duly Authorized officer of Consignee receiving any Delivery shall give a receipt to Consignor for the same in a form satisfactory to Consignor. All shipping expenses (including insurance) shall be borne by Consignee, and any such expenses paid or incurred by Consignor shall be reimbursed by Consignee immediately in the same manner as payments under Section 5 hereof.

Appears in 2 contracts

Samples: Consignment Agreement (Michael Anthony Jewelers Inc), Consignment Agreement (Michael Anthony Jewelers Inc)

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DELIVERY OF PRECIOUS METAL. All Deliveries of Precious Metal by Consignor will be made to Consignee by Consignor crediting an account of Consignee at a third party supplier of Precious Metal or by delivery at Consignee's Principal Office or other such location approved by Consignor, such Deliveries to be on terms and conditions satisfactory to Consignor. At the time of Delivery or crediting, Consignor shall provide Consignee with particulars of the total quantity of the Precious Metal being Delivered or credited to Consignee. A P_ Duly Authorized officer of Consignee receiving any Delivery shall give a receipt to Consignor for the same in a form satisfactory to Consignor. All shipping expenses (including insurance) shall be borne by Consignee, and any such expenses paid or incurred by Consignor shall be reimbursed by Consignee immediately in the same manner as payments under Section 5 hereof.

Appears in 1 contract

Samples: Consignment Agreement (Michael Anthony Jewelers Inc)

DELIVERY OF PRECIOUS METAL. All Deliveries of Precious Metal by Consignor will be made to Consignee by Consignor crediting an account of Consignee at a third party supplier of Precious Metal or by delivery at Consignee's Principal Office or other such location approved by Consignor, such Deliveries to be on terms and conditions satisfactory to Consignor. At the time of Delivery or crediting, Consignor shall provide Consignee with particulars of the total quantity of the Precious Metal being Delivered or credited to Consignee. A Any Duly Authorized officer of Consignee receiving any Delivery shall give a receipt to Consignor for the same in a form satisfactory to Consignor. All shipping expenses (including insurance) shall be borne by Consignee, and any such expenses paid or incurred by Consignor shall be reimbursed by Consignee immediately in the same manner as payments under Section 5 hereof.

Appears in 1 contract

Samples: Consignment Agreement (Michael Anthony Jewelers Inc)

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DELIVERY OF PRECIOUS METAL. All Deliveries of Precious Metal by Consignor will be made to Consignee by Consignor crediting an account of Consignee at a third party supplier of Precious Metal or by delivery at Consignee's Principal Office or other such location approved by Consignor, such Deliveries to be on terms and conditions satisfactory to Consignor. At the time of Delivery or crediting, Consignor shall provide Consignee with particulars of the total quantity of the Precious Metal being Delivered or credited to Consignee. A Any Duly Authorized officer of Consignee receiving any Delivery shall give a receipt to Consignor for the same in a form satisfactory to Consignor. All shipping expenses (including insurance) shall be borne by Consignee, and any such expenses paid or incurred by Consignor shall be reimbursed by Consignee immediately in the same manner as payments under Section 5 hereof. 4.

Appears in 1 contract

Samples: Consignment Agreement

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