Common use of Payment by Purchaser Clause in Contracts

Payment by Purchaser. All purchaser’s checks shall be made payable to Auctioneer, as Consignor’s agent. Auctioneer shall have full authority to reclaim and resell any items not paid for. Auctioneer reserves the right to eliminate from settlement any property for which payment has not been made. In consideration for the waiver of Auctioneer’s commission on such property for which payment has not been made, Consignor agrees to accept responsibility for reclaiming same wherever located.

Appears in 4 contracts

Samples: Assiter Auction Facility Consignment Agreement, Assiter Auction Facility Consignment Agreement, State Expo Consignment Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.