Consignment Stock definition

Consignment Stock means an arrangement through which Goods are deposited by an Scheme ” approved Nominated Product Scheme Seller at a Hospital, for purchase and use by hospitals, on an “as and when required” basis;
Consignment Stock means those products and quantities as specified in Schedule 1, belonging to Alcon to be supplied to the Customer pursuant to this Agreement, (including any instruments or manuals provided free on loan to undertake procedures for which the Consignment Stock is intended), held by the Customer at the Facility on a consignment basis.
Consignment Stock means the goods of the Seller Delivered and kept at the premises of the Customer.

Examples of Consignment Stock in a sentence

  • Except for Goods under the Consignment Stock Scheme, and subject to the Buyer’s right to reject and the consequences thereof, title to and risk in the Goods shall pass to the Buyer on issue of the receipt under sub-clause 2.2 of these T&Cs above.

  • In respect of Goods supplied under the Consignment Stock Scheme, the warranty and guarantee period shall be 12 months from the date they are taken out from the consignment stock for use by the Buyer.


More Definitions of Consignment Stock

Consignment Stock means all stock of Products in the possession ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Consignment Stock also named as “CS” shall mean a stock of PRODUCTS owned by SUPPLIER or by a DESIGNATED SUBSIDIARY and located near by or at a ORDERING PARTY LOCATION as specified in ANNEX K (Stock Levels) and ANNEX F (CONSIGNMENT STOCK Terms).
Consignment Stock means all stock of whatsoever nature of the Supplier which the Supplier may from time to time place at the Buyer's premises on consignment. Contract means the contract between the Supplier and the Buyer for the sale and purchase of the Goods and/or the provision of the Services as the case may be, which is governed solely by these conditions of sale (unless otherwise agreed in writing by the Supplier) ; Force Majeure Event shall have the meaning given at condition 22;
Consignment Stock means the goods of the Seller Delivered and kept at the premises of the Customer. “Control“ when used as a verb, means the ability, directly or indirectly through one or more intermediaries, to direct or cause the direction of the management and policies of such entity through (i) legal or beneficial ownership of voting securities or membership interests; (ii) the right to appoint managers, directors or corporate management; (iii) contract; (iv) operating agreement; (v) voting trust; or otherwise; and when used with respect to a person, means the actual or legal ability to control the actions of that person; and when used as a noun means an interest which gives the holder the ability to exercise any of the foregoing powers.
Consignment Stock means all Products held on consignment by Wintec under this Agreement.
Consignment Stock means stock of the Products that are placed for sale at a Stockist in accordance with this Agreement and subject to clauses ;
Consignment Stock has the meaning given in Section 3.7 and Section 6;