CONSIGNMENT TERM definition

CONSIGNMENT TERM. The consignment term is 90 days. The consignment term starts on the date an item is logged into Orange Bay Company’s inventory system. Merchandise not sold in 30 days will be marked down 15%; merchandise not sold in 60 days will be marked down an additional 15%. Both markdowns are from the original selling price. Consignors are not permitted to retrieve unsold merchandise prior to the expiration of the consignment term unless expressly authorized by the Company. Items may not be advertised for sale through other resale vehicles (e.g., newspaper or online classified ads) once contract is signed. CONSIGNOR PORTAL: Orange Bay Company will provide consignor account management/insight tools on xxxxxxxxxxxxxxxx.xxx which will enable consignors to see items sold and credit available. After the merchandise is received and the pricing process completed, an email with Orange Bay Company customer ID and password will be issued to the email address clearly provided in the Consignment Contract. Orange Bay Company remains exempt from any liability caused by internet interruption, electrical outage or any other temporary technical disruption. PROMOTIONS: Consignor agrees to participate in any Orange Bay Company promotions and discounts during their consignment term in an effort to promote and sell items.
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CONSIGNMENT TERM. The consignment term spans 90 days, commencing from the date an item is logged into Orange Bay Company's inventory system. Merchandise remaining unsold after 30 days will be discounted by 15% of the original selling price. If unsold after 60 days, an additional 15% markdown will be applied. Consignors are strictly prohibited from retrieving unsold merchandise before the expiration of the consignment term unless expressly authorized by the Company. Furthermore, the Consignor is prohibited from advertising the items for sale through other resale channels (e.g., newspaper or online classified ads) once the contract is executed.
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CONSIGNMENT TERM. The consignment term is 90 days. The consignment term starts on the date an item is logged into Orange Bay Company’s inventory system. Merchandise not sold in 30 days will be marked down 15%; merchandise not sold in 60 days will be marked down an additional 15%. Both markdowns are from the original selling price. Consignors are not permitted to retrieve unsold merchandise prior to the expiration of the consignment term unless expressly authorized by the Consignee, and at which time will be charged a 20% penalty fee on the Initial Consignment Price. Items may not be advertised for sale through other retail vehicles (e.g., newspaper or online classified ads) once contract is signed. CONSIGNOR PORTAL: Orange Bay Company will provide consignor account management/insight tools on xxxxxxxxxxxxxxxx.xxx which will enable consignors to see items sold and credit available. After the merchandise is received and the pricing process completed, an email with Orange Bay Company customer ID and password will be issued to the email address clearly provided in the Consignment Contract. Orange Bay Company remains exempt from any liability caused by internet interruption, electrical outage or any other temporary technical disruption. PROMOTIONS: Consignor agrees to participate in any Orange Bay Company promotions, staging projects and discounts during their consignment term in an effort to promote and sell items.
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Related to CONSIGNMENT TERM

  • Agreement Term has the meaning set forth in Section 11.1.

  • License Term means in respect of each Site, the period for its license to be used by the Access Seeker commencing on the Commencement Date and as stipulated in the respective SLO.

  • Payment Term means the length of time for payment of a Deferred Annual Award under Section 4.2.

  • Royalty Term means, with respect to each Licensed Product, the period of time beginning on the first sale of a Licensed Product in a country following receipt of regulatory approval for the marketing and sale of such Licensed Product in such country and continuing on a country-by-country and product-by-product basis until the later of (1) the expiration of the Patent Term, or (ii) ten (10) years from the date of such sale of such Licensed Product in such country (other than any sale or transfer between Licensee and its Affiliates or Sublicensees).

  • Basic Term shall have the meaning specified in Section 2.2 of the Lease.

  • Licence Term means the Initial Term plus any Further Term; Licensee means You and/or the Permitted Users;

  • Video lottery terminal sales agent means a lottery sales agent licensed under Chapter 3770. of the ORC to conduct video lottery terminals on behalf of the state pursuant to Section 3770.21 of the ORC.

  • Exclusivity Period shall have the meaning set forth in Section 6.11.

  • Client Terminal means the MetaTrader program version 4 and/or 5, which is used by the Client in order to obtain information of financial markets (which content is defined by the Company) in real-time, to make technical analysis of the markets, make Transactions, place/modify/delete Orders, as well as to receive notices from the Company. The program can be downloaded on the Website free of charge.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Investment Term : means the period from the Investment Start Date to maturity.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

  • Royalty Period means the partial calendar quarter commencing on the date on which the first Licensed Product is sold or used and every complete or partial calendar quarter thereafter during which either (a) this Agreement remains in effect or (b) Company has the right to complete and sell work-in-progress and inventory of Licensed Products pursuant to Section 8.5.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Vehicle Term with respect to each Lease Vehicle shall extend from the Vehicle Lease Commencement Date through the earliest of:

  • Additional Products means products, services and applications that are not part of the Services but that may be accessible, via the Admin Console or otherwise, for use with the Services.

  • Commercial Sale means for a given product and country the sale for value of that product by a Party (or, as the case may be, by an Affiliate or permitted sublicensee of a Party), to a Third Party after regulatory approval (if necessary) has been obtained for such product in such country.

  • Patent Term Extension means any term extensions, supplementary protection certificates and equivalents thereof offering Patent protection beyond the initial term with respect to any issued Patents.

  • Services Term means the period during which you are entitled by Red Hat to use, receive access or consume a particular Red Hat Product pursuant to an Order Form or Business Partner order.

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

  • Additional Product means any Product identified as such in the Product Terms and chosen by Enrolled Affiliate under this Enrollment.

  • Retail customer means any person that purchases retail electric energy for its own consumption at

  • Excluded Products means the items described on the applicable restricted products per country, any other applicable Program Policy, or any other information made available to you by LINIO.

  • Initial Term has the meaning set forth in Section 7.1.