Bailment definition

Bailment means any agreement in which the Contractor permits the commercial or non- commercial transfer of custody, access or use of Laboratory Biological Materials or Laboratory Tangible Research Product for a specified purpose of technology transfer or research and development, including without limitation evaluation, and without transferring ownership to the bailee.

Bailment means the act of placing property in the custody

Bailment means the act of delivering goods or personal

Examples of Bailment in a sentence

• A Mississippi Bailment Warehouse Vendor’s Authorization Representative Form should be completed for each authorized agent.

• The Bailment Term shall continue until the expiration of the Agreement, or on any earlier date as the Agreement may be terminated in accordance with its terms and provisions.

• Include Bill of Sale, Non-Negotiable Bailment Receipt (see form at the end of this section) and applicable insurance certificate.

• Bailment and pledge Bailmentthe world ‘bailment’ is derived from the French world the French world ‘baillier’ which means ‘to deliver Etymologically, it means any kind of handling over’.

• The Bailment Agreement shall be subject to all other terms of the Agreement, including, without limitation, applicable default, remedy and confidentiality provisions contained herein.

More Definitions of Bailment

Bailment means the delivery of goods by one person to another for some purpose, upon a contract that the goods shall when the purpose is accomplished, be returned or disposed of according to the direction of the person who delivered them;

Bailment means any agreement in which the Contractor permits the commercial or non- commercial access and use of Laboratory Biological Materials or Laboratory Tangible Research Product for the specified purpose of technology transfer or research and development, including without limitation for the purpose of evaluation, and without transferring ownership to the bailee. Bailment does not apply to computer software.

Bailment means an agreement, other than a leasing-contract, under which goods are rented to a bailee on a temporary basis in consideration for a monthly rental and property in the goods remains with the bailor;

Bailment means a delivery of goods or movable personal property by one person to another in trust for the execution of a special object upon or in relation to goods beneficial either to the bailor or bailee or both and upon a contract, express or implied, to perform the trust and carry out the object and either redeliver the goods to the bailor or dispose of the goods in conformity with the purpose of the trust;

Bailment means the transfer, by written or verbal contract, of an agricultural commodity by an owner

Bailment means the act of delivering goods or personal property to another in trust.

Bailment means the transfer, by written or verbal contract, of an agricultural commodity by an owner of a commodity to a producer for the purpose of obtaining the producer's services in planting, growing, harvesting, or delivering back to the owner the agricultural commodity. The term includes any one or all of the enumerated transactions, whether title passes or not.