Terms of Consignment Sample Clauses
The Terms of Consignment clause defines the specific conditions under which goods are delivered by a consignor to a consignee for sale, storage, or further distribution. It typically outlines responsibilities regarding the handling, storage, and insurance of the consigned goods, as well as the process for reporting sales and remitting proceeds to the consignor. This clause ensures both parties understand their obligations and rights, thereby reducing the risk of disputes and clarifying the management of consigned inventory.
Terms of Consignment. Each of the Agents and each of the Banks shall be satisfied with the terms of all consignment, leasing, "lay away" and purchase and sale arrangements of the Borrower and each of its Subsidiaries.
Terms of Consignment i. Commission shall make Works available for sale on a consignment basis.
ii. Artist is responsible for clearly making Works with sale price.
iii. For all works sold during the 2021 State Fair, the Commission shall collect the funds for the sale, then distribute to the Artist, who shall receive eighty percent (80%) of the pre-tax proceeds and the Commission shall retain twenty percent (20%) of the pre-tax proceeds.
iv. Commission shall forward amount due to Artist within thirty (30) days after the close of the 2021 State Fair.
v. Artist agrees to complete a W-9 Form and submit this form to the Commission upon execution of this Agreement.
Terms of Consignment. This consignment agreement will remain valid for a period of up to four months, or two payment cycles, running from September 1 to December 31, 2019. Individual agreements take effect on the day goods are dropped off at The Trainyard. Sales & inventory reports will be provided twice during this period. At the end of the agreed upon period unsold goods will be returned to the Maker.
Terms of Consignment. ReDECOR pledges that all accepted items will be placed on the showroom floor as quickly as they can be tagged and entered into our computerized inventory system. We will make every effort to protect the safety and condition of our consigned goods. However, ReDECOR cannot be responsible for any damage caused by theft, breakage, fire, natural disasters or any other unforeseen circumstance.
Terms of Consignment. 5.1 All Consigned Inventory shall be held by Medical Action at its premises and at no other place without ▇▇▇▇▇▇
5.2 Medical Action agrees that: (a) ▇▇▇▇▇▇ ▇▇▇▇▇▇ shall retain title to the Consigned Inventory until sold or paid for by Medical Action; (b) Medical Action will be liable and responsible for all loss or damage to the Consigned Inventory and shall insure the same against fire and extended loss in an amount at least equal to the Consigned Inventory price to be paid by Medical Action to ▇▇▇▇▇▇ ▇▇▇▇▇▇; (c) ▇▇▇▇▇▇ ▇▇▇▇▇▇ shall not be liable for payment
Terms of Consignment. 100 13.15. Financial Statements. .......................................100 13.16. Closing of Acquisition. .....................................100 13.17. Total Funded Debt to EBITDA. ................................101 13.18. Consents and Approvals. .....................................101 13.19. Capitalization of the Borrower. .............................101 14. CONDITIONS TO ALL BORROWINGS. .........................................101 14.1. Representations True; No Event of Default. ..................101 14.2. No Legal Impediment. ........................................102 14.3. Governmental Regulation. ....................................102 14.4.
Terms of Consignment. The terms and conditions of any Consignments provided by DJFZ to the Customer will be confirmed to the Customer in writing prior to any Consignment taking place. The terms and conditions as specified in Annex No. 1 includes the approved Consignment limit; any collateral requirements to support the Consignment; the period of the Consignment; and the interest rate (if applicable) to be applied to the Consignment.
Terms of Consignment. Commission to the artist is 60% and to the gallery 40% of the artist's retail price of the work.
Terms of Consignment. 85 14.15. Consummation of Public Offering and Senior Subordinated Note Issuance. ................................................. 85 14.16.
Terms of Consignment. Either party may cancel this agreement with 30 days written notice. If all artwork is removed and no additional artwork is received for 60 consecutive days, this agreement will be considered cancelled. If an artist is no longer in the gallery and has left work here for longer than two months, the work will become the property of Austin ArtWorks Center after 3 attempts to contact the artist to pick up the stored work. Artist agrees not to sell their work in any other venue in Austin, Minnesota other than Austin ArtWorks Center. This includes prints and ge’clee prints.