Consigned definition

Consigned. Items and/or Bailment 21. Notice 22. Severability 23. Titles and Attachments 24. Governing Law 25. Miscellaneous Part Purchases 26. Entire Agreement 27. Export/Import 28. Sale of Product to SSI Directed Third Party Customers ATTACHMENTS A Product and Pricing Exhibit B Demand Pull Kanban Plan C Consigned Capital Equipment Agreement D Product Specifications E Quality Plan Procedure F QBR Form Amend Attachment A GENERAL TERMS AND CONDITIONS This Manufacturing and Purchase Agreement (the "Agreement") is entered into and executed as of the Effective Date stated between LSI Logic Storage Systems, Inc. (SSI) whose principal place of business is 0000 X. Xxxx Xxxx, Xxxxxxx, Xxxxxx, 00000 ("SSI"), and SANMINA-SCI Corporation whose principal place of business is 0000 Xxxxx Xxxxx Xxxxxx, Xxx Xxxx, Xxxxxxxxxx, 00000, and its wholly owned subsidiaries (collectively "SANMINA-SCI"). The terms and conditions contained herein apply to the manufacture of computer Products and the related material procurement, inventory, test and packaging, thereof.
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Consigned inventory as shown on the Borrowers' books or computer records, (ii) within thirty (30) days following the end of each month, at Agent's request, the Borrowers shall deliver to the Agent a detailed Schedule showing all outstanding advances under this Section 9.4(k) in form and content satisfactory to the Agent and (iii) the Borrowers shall put in place a system satisfactory to the Agent to set appropriate credit limits, track its credit experience and obtain financial information from Persons to whom advances are made under this Section 9.4(k);
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Consigned and will perform in accordance with the applicable Specifications under normal handling, use and operation for a period of eighteen (18) months from the date Purchaser receives the Product. Manufacturer's sole obligation under this Product Warranty, and Purchaser's sole and exclusive remedy, shall be at Manufacturer's option, to either repair, replace or credit Purchaser's account for any Products found to be defective during this warranty period. This remedy is made on the following conditions: i. Manufacturer is notified in writing of the defective Products within a reasonable time after Purchaser or Purchaser's customer acknowledges receipt of Products. ii. Purchaser shall forward defective Products to Manufacturer at Manufacturer's expense. Manufacturer shall use its best effort to return the repaired or replaced Products freight prepaid by Manufacturer to Purchaser no later than thirty (30) days from the date Manufacturer receives the defective Products. Such Products will be returned Manufacturer F.O.B. destination. The Product Warranty referred to in this Agreement shall apply to all Products supplied to replace defective Products. Repaired Products shall be warranted for a period of ninety (90) days or the remainder of the original warranty period, whichever is longer. The aforementioned warranties shall inure to Purchaser and its assigns and may be passed through to Purchaser's customers.
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Examples of Consigned in a sentence

  • The Consignor hereby grants to the Consignee the exclusive right to display and sell the Consigned Items according to the terms and conditions of this Agreement.

  • The Consignee represents and warrants that the Consignee shall maintain insurance coverage sufficient to compensate the Consignor for the fair market value of the Consigned Items in the event of damage due to fire, theft, or otherwise.

  • The title to and property of the Consigned Goods shall remain with the Consignor until such time as the Consigned Goods are purchased.

  • The Consigned Goods shall remain the sole property of Consignor until sold.

  • The Consignor shall deliver the Consigned Goods for consignment to the Consignee’s Premises.

  • Upon delivery, the Consignee shall accept delivery of the Consigned Goods.

  • Upon any demand by Consignor, Consignee will be responsible to return the Consigned Goods in good order and condition.

  • In the event the Consignee sells the Consigned Items for less than the Minimum Price, the Consignor shall be entitled to the same payment the Consignor would receive as its share of the sale price under this Agreement, had the Consigned Items been sold for the Minimum Amount.

  • The Consigned Items are as follows:[Item 1 and description][Item 2 and description]MINIMUM PRICE.

  • The minimum price at which the Consignee may sell the Consigned Items shall be [Amount] (the “Minimum Price”).


More Definitions of Consigned

Consigned means those items procured and purchased directly by SONIM from third party suppliers and supplied to UNICAIR for purposes of UNICAIR’s assembly of the Products.
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Consigned means a Watercraft that 1. is not owned by You;
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Consigned means a Watercraft that
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Consigned inventory and each Borrower further agrees that it shall not from and after the Closing Date enter into any consignment agreement or arrangement with any consignor who has not delivered to the Agent a Consignor Letter. Notwithstanding the foregoing, no Consignor Letter shall be required to be executed and delivered by Sovereign Bank (its successors and assigns) in connection with the Gold Consignment Documents so long as the Sovereign Intercreditor Agreement is in full force and effect.
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Consigned. Items and/or Bailment 21. Notice 22. Severability 23. Titles and Attachments 24. Governing Law 25. Miscellaneous Part Purchases 26. Entire Agreement 27. Export/Import 28. Sale of Product to SSI Directed Third Party Customers ATTACHMENTS A Product and Pricing Exhibit B Demand Pull Kanban Plan C Consigned Capital Equipment Agreement D Product Specifications E Quality Plan Procedure F QBR Form Amend Attachment A </Table> 2 <PAGE> GENERAL TERMS AND CONDITIONS This Manufacturing and Purchase Agreement (the "Agreement") is entered into and executed as of the Effective Date stated between LSI Logic Storage Systems, Inc. (SSI) whose principal place of business is 0000 X. Xxxx Xxxx, Xxxxxxx, Xxxxxx, 00000 ("SSI"), and SANMINA-SCI Corporation whose principal place of business is 0000 Xxxxx Xxxxx Xxxxxx, Xxx Xxxx, Xxxxxxxxxx, 00000, and its wholly owned subsidiaries (collectively "SANMINA-SCI"). The terms and conditions contained herein apply to the manufacture of computer Products and the related material procurement, inventory, test and packaging, thereof. RECITALS WHEREAS, SSI desires to have SANMINA-SCI procure components, manufacture, assemble, test and ship certain Product pursuant to one or more Purchase Orders issued by SSI in accordance with this Agreement; and
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Consigned. ITEMS AND/OR BAILMENT Each party hereto shall be deemed to be an independent contractor with respect to the performance of its obligations and duties hereunder. Nothing in this Agreement or the arrangement for which it is written shall constitute or create a joint venture, partnership, agency or any other similar arrangement between the parties. This Agreement makes reference in several locations to "consigned" equipment or "consigned" inventory, which is purchased by SSI and provided to SANMINA-SCI exclusively for assembling goods for SSI. The parties agree and acknowledge that these items are not "consigned" in the strict legal sense as a means for financing inventory to third parties. Instead, all references to items that are "consigned" to SANMINA-SCI by SSI in this Agreement or any related purchase order or other documents are intended to mean that a legal bailment has been established. No ownership or security interest of any kind in any such bailment is granted to SANMINA-SCI or its creditors. SANMINA-SCI will maintain separate bins and clear labeling to keep SSI inventory separate from other items, and will take precautions to ensure its creditors do not mistake SSI Bailment's as property of SANMINA-SCI.
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Related to Consigned

  • Consignee means the person to whom the goods are required to be delivered as specified in the Contract. If the goods are required to be delivered to a person as an interim consignee for the purpose of dispatch to another person as provided in the Contract then that "another" person is the consignee, also known as ultimate consignee.

  • Consignment means products which are either sent simultaneously from one exporter to one consignee or covered by a single transport document covering their shipment from the exporter to the consignee or, in the absence of such a document, by a single invoice;

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Consignor means a person that delivers goods to a consignee in a consignment.

  • Merchandise means any personal property offered or sold for use in connection with the funeral, final disposition, memorialization, or interment of human remains, but which is exclusive of interment rights.

  • shipped includes removal from the work sites by ship or any other means;

  • Goods means all of the equipment, machinery, and/or other materials that the supplier is required to supply to the purchaser under the contract.

  • Farm equipment means equipment used directly for farming

  • Product Inventory means all inventory of the Product owned by Seller or its Affiliates as of the Closing, including raw materials, work-in-process, bulk form drug and finished Product.

  • Precious Metal means the following, in coin, bullion, or other form:

  • Scrap metal means ferrous or nonferrous metal, or items that contain ferrous or nonferrous metal, that are sold or offered for sale for the value of the ferrous or nonferrous metal they contain rather than their original intended use; ferrous or nonferrous metal removed from or obtained by cutting, demolishing, or disassembling a building, structure, or manufactured item; or other metal that cannot be used for its original intended purpose but can be processed for reuse in a mill, foundry, die caster, or other manufacturing facility.

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Freight means the remuneration payable to the carrier for the carriage of goods under a contract of carriage.

  • Carrier means a person engaged in the transportation of passengers or property by land or water as a common, contract, or private carrier, or by civil aircraft.

  • School equipment means a durable school-owned machine, equipment, or tool used by a student as part of an activity, course, or program in a secondary school and includes a saw or 3D printer. “School equipment” includes a saw or 3D printer.

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; beverages in wine cellars and bars; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.

  • Obsolete Inventory means items that have expired, are redundant or

  • Consumable means any component of a good that is used up recurrently and needs to be replaced for the good to function as intended;

  • Leased Equipment means the computers, servers, machinery and equipment and other tangible personal property leased by Seller for use in the operation or conduct of the Business.

  • Consignment Price is $100,000 and consignor retains 0%, Consignor will receive $100,000. “Consignment Price” is $100,000 and consignor retains 40%, Consignor will receive $60,000 in cash and 40% in equity in the Series LLC.

  • Custom Products Products, preliminary, final or otherwise, which are created or developed by Contractor, its subcontractors, partners, employees or agents for Authorized User under the Contract.

  • Designated Equipment means any equipment designated in the SLA, upon which the Licensed System may be used; Documentation means operating manuals and other printed materials which assist the Customer to use the Licensed System including any technical and user software material as published by Pentana Solutions; Escalation Request is as set out in the SLA;

  • Cemetery merchandise means merchandise described in section 4(1)(k)(i).

  • MANUFACTURERS means M/s and shall include their legal representatives, successors, and assigns.