Payment to Consignor Sample Clauses

Payment to Consignor. Upon completion of the sale of the vehicle the net amount due and owing to consignor from consignee shall be the amount agreed upon by the consignor. Notice of sale and payment of proceeds shall be made to consignor within three business days after the date on which funding is received by Consignment RV Sales. Notification to the consignor must be given in person or in the absence of the consignor by registered or certified mail addressed to the following address and phone number of consignors.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Payment to Consignor. A check will be issued to the client at the Consignment Expiration Date. If all of Consignor's items sell before the Consignment Expiration Date, a check will be issued within 30 days. If client requests, credit is available at any time or a check can be issued, at most, once per month during the consignment period.
Sample 1
Payment to Consignor. MCA agrees to make payment to the Consignor once consigned items are sold, after deduction of sales fee specified above. Checks payable to artists will begin to be processed on or about the 15th of the month following a sale. All questions relating to receipt of payments are to be addressed to the Administrative Assistant at xxxxx.xxxxx@xxxxxxxx.xxx or by calling (000) 000-0000. Risk for Merchandise Sold. MCA shall assume no risk or liability for any damage or injury caused by Xxxxxxxxx’s merchandise. Consignor shall save, indemnify and hold MCA harmless from any liability, damages or claims (whether meritorious or not) from any third party, including reasonable attorney’s fees and costs in defending against such action. You are solely responsible for your merchandise. Xxxxxx Cultural Alliance / Brick City Center for the Arts will not be responsible for any breakage, damage, loss, or theft. We will treat your items with care and display them in the safest and best possible manner to encourage sales. Sales Tax. MCA will collect and pay sales tax to the appropriate authorities.
Sample 1
Payment to Consignor. Consignee will pay Consignor for the consigned product sold the percentage, indicated above, of the actual selling price within twenty (20) days of selling the above consigned product.
Sample 1
Payment to Consignor. Glo Bridal will promptly notify the Consignor once their item has sold. Glo Bridal agrees to pay the Consignor 50% of the final sale price (minus any taxes and fees) once the consigned item has sold and been paid in full. Glo Bridal will remit electronic payment to Consignor within fourteen (14) days of final payment. It is the Consignor’s responsibility to keep all contact and other information current.
Sample 1
Payment to Consignor. Payment to consignor for items sold will be made within thirty (30) working days, after items are sold. In the event that buyer fails to remit payment for the consigned property, Clars shall attempt to collect the sums due, at Clars’ discretion. If Clars is unsuccessful in collecting the full amount due, Clars reserves the right to rescind the sale and re-offer the consigned property at a subsequent sale.
Sample 1

Related to Payment to Consignor

  • to Consignor In the event Collectable Sports Assets LLC is unable to successfully sell the minimum offering amount per item by the conclusion of the exclusive consignment term detailed in Exhibit A, the legal title and physical possession of consigned item(s) will be transferred back to the consignor. In addition, Collectable Sports Assets LLC will no longer be liable for any fees related to the consigned items maintenance, storage, or upkeep. In the event Collectable Sports Assets LLC does not disburse cash proceeds to the consignor within 60 days of a public offering completion on Collectable’s platform, full legal title and physical possession of the consigned item is transferred back to the consignor. Break Up Clause: The consignor and Collectable acknowledge the price volatility inherent in the collectibles market. In an attempt to provide fair and just valuations to both buyers and sellers on the platform, Collectable and consignor agree to the following terms: Should the consignor want to pull the item from the platform at any time (within 5 days prior to IPO), the consignor will pay Collectable $1,250 + $5,000. In exchange, Collectable reserves the right to rescind the consignment agreement at any point due to adverse price changes in the marketplace. In this scenario, Collectable will handle all fees related to returning the item back to the consignor, notably fully insured shipping costs. The Results: Upon completing a successful Offering (“Closing”), you will receive full payment in the amount of the “Consignment Price” less any retained equity.

  • Payment to Consultant Upon receipt of a properly prepared invoice and confirmation that the Required Services detailed in the invoice have been satisfactorily performed, City shall pay Consultant for the invoice amount within thirty (30) days. Payment shall be made in accordance with the terms and conditions set forth in Exhibit A and section 2.4, below. At City’s discretion, invoices not timely submitted may be subject to a penalty of up to five percent (5%) of the amount invoiced.

  • Payment to Contractor The TOWN agrees to pay at the rates specified for SERVICES satisfactorily performed in accordance with this contract. Unless otherwise specified, the CONTRACTOR shall submit an itemized invoice to the TOWN by the end of the month during which SERVICES are performed. Payment will be processed promptly upon receipt and approval by the TOWN of the invoice.

  • Payments to Consultant 5.1 The total compensation for Consultant’s performance of the Services shall not exceed the amount of Seventy-Five Thousand Dollars ($75,000). City shall pay Consultant on a time and materials basis up to the “not to exceed” amount based on the hourly rates shown in Exhibit “B,” which is attached hereto and incorporated herein by this reference.

  • PAYMENTS TO CONTRACTOR (a) Payments to Contractor will be made on a monthly basis and within thirty (30) days from receipt of a correct invoice or billing statement in accordance with the Texas Government Code, Chapter 2251, known as the Texas Prompt Payment Act. An invoice is considered received on the date it is date stamped by TFC. Contractor will be paid for completion of work accepted and approved by TFC’s Contract Administrator.

  • Time to Consider Executive acknowledges that he has been advised that he has twenty-one (21) days from the date of receipt of this Release to consider all the provisions of this Release and he does hereby knowingly and voluntarily waive said given twenty-one (21) day period. EXECUTIVE FURTHER ACKNOWLEDGES THAT HE HAS READ THIS RELEASE CAREFULLY, HAS BEEN ADVISED BY THE COMPANY TO, AND HAS IN FACT, CONSULTED AN ATTORNEY, AND FULLY UNDERSTANDS THAT BY SIGNING BELOW HE IS GIVING UP CERTAIN RIGHTS WHICH HE MAY HAVE TO XXX OR ASSERT A CLAIM AGAINST ANY OF THE RELEASEES, AS DESCRIBED IN SECTION 1 OF THIS RELEASE AND THE OTHER PROVISIONS HEREOF. EXECUTIVE ACKNOWLEDGES THAT HE HAS NOT BEEN FORCED OR PRESSURED IN ANY MANNER WHATSOEVER TO SIGN THIS RELEASE, AND EXECUTIVE AGREES TO ALL OF ITS TERMS VOLUNTARILY.

  • Payment of Amounts The Death Benefit payable on the death of the Owner, or after the death of the first Owner, or upon the death of the spouse who continues the Contract, will be distributed to the designated Beneficiary(s) as follows:

  • Distributions Other Than Cash, Shares or Rights to Purchase Shares (a) Whenever the Company intends to distribute to the holders of Deposited Securities property other than cash, Shares or rights to purchase additional Shares, the Company shall give timely notice thereof to the Depositary and shall indicate whether or not it wishes such distribution to be made to Holders of ADSs. Upon receipt of a notice indicating that the Company wishes such distribution be made to Holders of ADSs, the Depositary shall consult with the Company, and the Company shall assist the Depositary, to determine whether such distribution to Holders is lawful and reasonably practicable. The Depositary shall not make such distribution unless (i) the Company shall have requested the Depositary to make such distribution to Holders, (ii) the Depositary shall have received satisfactory documentation within the terms of Section 5.7, and (iii) the Depositary shall have determined that such distribution is reasonably practicable.

  • Right to Convert In addition to and without limiting the rights of the holder under the terms of this Warrant, the holder shall have the right to convert this Warrant or any portion thereof (the “Conversion Right”) into shares of Series Preferred as provided in this Section 10.2 at any time or from time to time during the term of this Warrant. Upon exercise of the Conversion Right with respect to a particular number of shares subject to this Warrant (the “Converted Warrant Shares”), the Company shall deliver to the holder (without payment by the holder of any exercise price or any cash or other consideration) that number of shares of fully paid and nonassessable Series Preferred as is determined according to the following formula: X = B - A Y Where: X = the number of shares of Series Preferred that shall be issued to holder Y = the fair market value of one share of Series Preferred A = the aggregate Warrant Price of the specified number of Converted Warrant Shares immediately prior to the exercise of the Conversion Right (i.e., the number of Converted Warrant Shares multiplied by the Warrant Price) B = the aggregate fair market value of the specified number of Converted Warrant Shares (i.e., the number of Converted Warrant Shares multiplied by the fair market value of one Converted Warrant Share) No fractional shares shall be issuable upon exercise of the Conversion Right, and, if the number of shares to be issued determined in accordance with the foregoing formula is other than a whole number, the Company shall pay to the holder an amount in cash equal to the fair market value of the resulting fractional share on the Conversion Date (as hereinafter defined). For purposes of Section 10 of this Warrant, shares issued pursuant to the Conversion Right shall be treated as if they were issued upon the exercise of this Warrant.

  • Payment of All Fees The Company shall have paid the required Commission filing fees relating to the Shares within the time period required by Rule 456(b)(1)(i) of the Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) of the Act and, if applicable, shall have updated the “Calculation of Registration Fee” table in accordance with Rule 456(b)(1)(ii) either in a post-effective amendment to the Registration Statement or on the cover page of a prospectus filed pursuant to Rule 424(b).

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