Goods on consignment Sample Clauses

Goods on consignment. 6.1 Where Goods are supplied on consignment the following provisions apply specifically to those Goods: (a) the Goods shall be at the Buyer’s risk from the time of delivery and the Buyer shall be responsible for insuring the Goods. (b) the Buyer may retain possession of the Goods until the Buyer sells them or the Seller requires re-delivery of them to the Seller, whichever first occurs. (c) if the Seller requires re-delivery of the Goods such re-delivery shall be at the Buyer’s cost. (d) the Buyer shall notify the Seller on a fortnightly basis of all consignment Goods sold during that fortnightly period and shall within seven (7) days of that fortnightly advice pay the Seller for the Goods sold. (e) the Seller shall provide an invoice for Goods remaining unsold after a period of six (6) months.
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Goods on consignment. 1. In case of Goods on consignment, Supplier and SPP agree that Supplier will deposit Goods free of charge during a period agreed upon, whereby title and risk of these Goods will only pass in case SPP starts to use or consume the Goods. 2. Supplier will replenish the stock no later than on the first workday after SPP has announced that it has started to use the Goods. 3. Supplier will insure these Goods until the ownership has passed to SPP. 4. Supplier will invoice SPP for the Goods SPP has started to use. 5. Supplier may recall the Goods on consignment only after consulting with SPP. 6. In case, after SPP has approved and started to use the Goods, the Goods do not satisfy the relevant requirements, SPP is entitled to file a claim with Supplier within eight days of the discovery of any defect.
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Goods on consignment. Inventory reserve amounts.
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Goods on consignment. 9.1 Where Goods are supplied on consignment the following provisions apply specifically to those Goods: (a) the Goods shall be at the Customer’s risk from the time of delivery and the Customer shall be responsible for insuring the Goods; and (b) the Customer may retain possession of the Goods until the Customer sells them or the Supplier requires re-delivery of them to the Supplier, whichever first occurs; and (c) if the Supplier requires re-delivery of the Goods such re-delivery shall be at the Customer’s cost; and (d) the Supplier shall fax the Customer a consignment form on a bi-monthly basis and the Customer shall notify the Supplier within forty-eight (48) hours of receipt by return fax or email of all consignment Goods sold during that that period and shall within seven (7) days of that bi-monthly advice pay the Supplier for the Goods sold. Failure to comply with confirmation will result in the Supplier right to invoice the Customer for all consignment Goods held in stock. 9.2 Furthermore, consignment Goods shall at all times remain the property of the Supplier and are returnable on demand by the Supplier. In the event that the consignment Goods are not returned to the Supplier in the condition in which the consignment Goods were delivered then the Supplier retains the right to charge the cost of repair or replacement of the consignment Goods. 9.3 The Customer further agrees that; (a) the Supplier have the right to inspect the consignment Goods at any time upon giving written notice to the Customer; and (b) the Supplier reserves the right to cease the supply of consignment Goods and enforce clause 9.2 if upon inspection it is found the consignment Goods totals do not correspond with information supplied by the Customer and/or the consignment Goods are not stored in accordance with the Supplier’s instructions.
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Goods on consignment. 1. In case of Goods on consignment, Supplier and PROTHYA agree that Supplier will deposit Goods free of charge during a period agreed upon, whereby title and risk of these Goods will only pass in case PROTHYA starts to use or consume the Goods. 2. Supplier will replenish the stock no later than on the first workday after PROTHYA has announced that it has started to use the Goods. 3. Supplier will insure these Goods until the ownership has passed to PROTHYA. 4. Supplier will invoice PROTHYA for the Goods PROTHYA has started to use. 5. Supplier may recall the Goods on consignment only after consulting with PROTHYA. 6. In case, after PROTHYA has approved and started to use the Goods, the Goods do not satisfy the relevant requirements, PROTHYA is entitled to file a claim with Supplier within eight days of the discovery of any defect.
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Goods on consignment. 1. In case of Goods on consignment, Supplier and Xxxxxxx agree that Supplier will deposit Goods free of charge during a period agreed upon, whereby title and risk of these Goods will only pass in case Sanquin starts to use or consume the Goods. 2. Supplier will replenish the stock no later than on the first workday after Xxxxxxx has announced that it has started to use the Goods. 3. Supplier will insure these Goods until the ownership has passed to Sanquin. 4. Supplier will invoice Sanquin for the Goods Sanquin has started to use. 5. Supplier may recall the Goods on consignment only after consulting with Xxxxxxx. 6. In case, after Xxxxxxx has approved and started to use the Goods, the Goods do not satisfy the relevant requirements, Xxxxxxx is entitled to file a claim with Supplier within eight days of the discovery of any defect.
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Goods on consignment. 1. In case of Goods on consignment, Supplier and ESSANGE REAGENTS agree that Supplier will deposit Goods free of charge during a period agreed upon, whereby title and risk of these Goods will only pass in case ESSANGE REAGENTS starts to use or consume the Goods. 2. Supplier will replenish the stock no later than on the first workday after ESSANGE REAGENTS has announced that it has started to use the Goods. 3. Supplier will insure these Goods until the ownership has passed to ESSANGE REAGENTS. 4. Supplier will invoice ESSANGE REAGENTS for the Goods ESSANGE REAGENTS has started to use. 5. Supplier may recall the Goods on consignment only after consulting with ESSANGE REAGENTS. 6. In case, after ESSANGE REAGENTS has approved and started to use the Goods, the Goods do not satisfy the relevant requirements, ESSANGE REAGENTS is entitled to file a claim with Supplier within eight days of the discovery of any defect.
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Related to Goods on consignment

  • Relation to Other Security Documents The provisions of this Agreement shall be read and construed with the other Loan Documents referred to below in the manner so indicated.

  • Collateral Held by Warehouseman, Bailee, etc If any Collateral is at any time in the possession or control of a warehouseman, bailee, agent or processor of such Grantor, (i) notify the Administrative Agent of such possession or control, (ii) notify such Person of the Administrative Agent’s security interest in such Collateral, (iii) instruct such Person to hold all such Collateral for the Administrative Agent’s account and subject to the Administrative Agent’s instructions and (iv) use commercially reasonable efforts to obtain an acknowledgment from such Person that it is holding such Collateral for the benefit of the Administrative Agent.

  • Authorization of Receipt of Funds by the Trustee Under the Security Documents Subject to the provisions of the Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

  • Condition of Tangible Assets All buildings, structures, facilities, equipment and other material items of tangible property and assets included in the Assets are in good operating condition and repair, subject to normal wear and maintenance, are usable in the regular and ordinary course of business and conform to all applicable laws, ordinances, codes, rules and regulations relating to their construction, use and operation.

  • Promissory Notes and Tangible Chattel Paper If the Debtor shall at any time hold or acquire any promissory notes or tangible chattel paper, the Debtor shall forthwith endorse, assign and deliver the same to the Secured Party, accompanied by such instruments of transfer or assignment duly executed in blank as the Secured Party may from time to time specify.

  • Notification to Account Debtors and Other Persons Obligated on Collateral If an Event of Default shall have occurred and be continuing: (a) the Company shall, at the request and option of the Secured Party, notify account debtors and other persons obligated on any of the Collateral of the security interest of the Secured Party in any account, chattel paper, general intangible, instrument or other Collateral and that payment thereof is to be made directly to the Secured Party or to any financial institution designated by the Secured Party as the Secured Party’s agent therefor; (b) the Secured Party may itself, without notice to or demand upon the Company, so notify account debtors and other persons obligated on Collateral; (c) after the making of such a request or the giving of any such notification, the Company shall hold any proceeds of collection of accounts, chattel paper, general intangibles, instruments and other Collateral received by the Company as trustee for the Secured Party, for the benefit of the Secured Party, without commingling the same with other funds of the Company and shall turn the same over to the Secured Party in the identical form received, together with any necessary endorsements or assignments; and (d) the Secured Party shall apply the proceeds of collection of accounts, chattel paper, general intangibles, instruments and other Collateral and received by the Secured Party to the payment of the Obligations, such proceeds to be immediately credited after final payment in cash or other immediately available funds of the items giving rise to them.

  • Delivery of Instruments, Certificated Securities and Chattel Paper If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument (other than checks, drafts or other Instruments that will be promptly deposited in an Investment Account), Certificated Security or Chattel Paper evidencing an amount in excess of $100,000, such Instrument, Certificated Security or Chattel Paper shall be promptly delivered to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

  • Loan Document Pursuant to Existing Credit Agreement This Amendment is a Loan Document executed pursuant to the Existing Credit Agreement and shall (unless otherwise expressly indicated therein) be construed, administered and applied in accordance with all of the terms and provisions of the Existing Credit Agreement, as amended hereby, including Article X thereof.

  • Instrument Pursuant to Existing Credit Agreement This Amendment is executed pursuant to the Existing Credit Agreement and shall (unless otherwise expressly indicated therein) be construed, administered and applied in accordance with the terms and provisions of the Existing Credit Agreement.

  • Impairment of Collateral Not use any material portion of the Collateral, or permit the same to be used, for any unlawful purpose, in any manner that is reasonably likely to materially adversely impair the value or usefulness of the Collateral, or in any manner inconsistent with the provisions or requirements of any policy of insurance thereon nor affix or install any accessories, equipment, or device on the Collateral or on any component thereof if such addition will materially impair the original intended function or use of the Collateral or such component.

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