True Consignment. This Agreement shall provide for a true consignment and all transactions hereunder shall constitute true consignments of commodities.
True Consignment. To the extent that Vendor delivers the Products to Ingram or places them under Xxxxxx’x control, this is a true consignment agreement. Vendor shall retain title to the Managed Inventory shipped hereunder until the Managed Inventory is purchased by Ingram at the time of sale to its customers.
True Consignment. This Credit Agreement is intended to be a true consignment agreement, where, following a Consignment, the Gold Agent shall have title to the Consigned Precious Metal until sold by the Borrower. If, notwithstanding the foregoing sentence, it is determined for any reason that the consignment created hereby is one intended as security or that the consignment is a sale or return or other sale, the Consigned Precious Metal shall constitute Collateral under the terms of the Security Agreement, and the terms of the Security Agreement shall govern the Banks' security interest therein.
True Consignment. This Agreement is intended to be a true consignment agreement and the consignment created hereunder is intended to be a true consignment, where title to the Consigned Goods remains with the Consignor until sold to Consignee’s customers or purchased by Consignee on terms acceptable to Consignor.
True Consignment. A. If, despite the express intent of the parties hereto that the delivery of the consigned inventory to Factory Card constitutes a true consignment, the delivery of the inventory to the Factory Card deemed to be consignment intended as security rather than a true consignment, this Agreement shall constitute a written security agreement between the parties and Factory Card hereby grants to Amscan a purchase money security interest in all consigned inventory and the proceeds thereof either heretofore or hereafter delivered to Factory Card by Amscan.
B. In the event that Factory Card breaches any material term of this Agreement, Amscan shall be entitled to all remedies available to a consignor (or a secured party, in the event the delivery of the consigned inventory to Factory Card is deemed a consignment intended as security) under any applicable local law or the Uniform Commercial Code.
True Consignment. Title to the Artworks in the Gallery shall remain with the Artist until Artworks are sold and the Artist's portion of the sale proceeds are remitted to the Artist, at which time title of Artwork then passes directly to the purchaser. Sales expenses shall be paid by the Gallery.
True Consignment. The Parties intend that this Agreement shall provide for a true consignment and that all transactions hereunder shall constitute true consignments of the silver. The Consignees authorize the Bank to file UCC financing statements to reflect the Consignments made hereunder.
True Consignment. The parties hereto intend that this Agreement shall provide for a true consignment and that all transactions hereunder shall constitute true consignments of Precious Metal. If, notwithstanding the foregoing, a court of competent jurisdiction determines that either Consignee has any right or interest in the Precious Metal other than as consignee, the Bank shall have, and is hereby granted by such Consignee, a security interest in the Precious Metal now or hereafter Delivered by the Bank to such Consignee. In such event, the Bank shall have all rights and remedies of a secured party under the Uniform Commercial Code or under applicable laws of the countries of Germany and/or Spain.
True Consignment. To the extent that Vendor delivers the Managed Inventory to XXXXX or places it under XXXXX’x control, this is a true consignment agreement. Vendor warrants, covenants and agrees that the Managed Inventory is owned by Vendor, that there are no liens, judgments or other encumbrances against such Managed Inventory and that Vendor has full right of transfer or sale of such Managed Inventory. Title to Managed Inventory shall at all times remain exclusively with Vendor until XXXXX purchases and pays for the Managed Inventory at the time of sale to its customers. All purchases by XXXXX shall be under Vendor's standard terms and conditions set forth on its purchase order form.
True Consignment. The parties hereto intend that this Agreement shall provide for a true consignment and that all transactions hereunder shall constitute true consignments of the Consigned Precious Metal.