Consignment Limit Sample Clauses
The Consignment Limit clause sets a maximum value or quantity for goods that can be held on consignment by the consignee at any given time. In practice, this means the consignor restricts the amount of inventory the consignee may possess, often to manage financial exposure or inventory risk. By establishing this limit, the clause helps prevent overstocking, reduces the consignor’s risk of loss, and ensures better control over the distribution and management of consigned goods.
Consignment Limit. Either (a) 39,000 troy ▇▇▇ces of Precious Metal (the "Consignment Ounce Cap") or (b) Consigned Precious Metal having a Fair Market Value equal to $16,000,000.00 minus the aggregate outstanding amount of Gold Loans (after giving effect to all amounts requested) (the "Consignment Dollar Cap").
Consignment Limit of the Consignment Agreement is hereby amended in its entirety to read as follows:
Consignment Limit. The maximum aggregate amount of Consignment Stock that shall be held at one or more Storage Locations or by the Consignee at anyone time for purchase by the Consignee under the terms of this Agreement is set out in paragraph 5 of the Schedule.