Termination of Consignment Sample Clauses
The 'Termination of Consignment' clause defines the conditions and procedures under which a consignment arrangement between parties can be ended. Typically, this clause outlines the notice period required, the responsibilities for returning unsold goods, and the settlement of outstanding payments upon termination. Its core function is to provide a clear and fair process for both parties to conclude their consignment relationship, minimizing disputes and ensuring that each party's rights and obligations are respected at the end of the agreement.
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Termination of Consignment. Customer or Consignee may terminate this contract at any time. If either party terminates the agreement, Consignee will return the Goods to Customer as soon as practicable at: [ ] Customer's place of business at _________________________. [ ] Consignee's place of business at _________________________. [ ] Other: _____________________________________________.
Termination of Consignment. Either party may at any time terminate this Agreement with respect to all or any of the Consigned Products by 30 days' notice to the other. If the Consigned Products are part of a Set or Agreement which includes Loaned Products, then this Agreement will terminate with respect to those Consigned Products if or when the associated loan of those Loaned Products terminates for such Set.
Termination of Consignment. WH may terminate this contract at any time. If either party terminates the agreement, WH will relinquish the goods to the Consignor with no commission.
Termination of Consignment. Consignor or designXchange may terminate this contract at any time. If either party terminates the agreement, designXchange will relinquish the goods to the Consignor with no commission.
Termination of Consignment. (a) The term "Consignment Termination Event," wherever used herein, means any of the following events or conditions (whatever the reason for such Consignment Termination Event and whether it shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any governmental rule or government action): (i) the occurrence of an Event of Default; (ii) the sale or other disposition by Consignee hereunder of all Parts included in the Consigned Inventory; (iii) the third anniversary of the Effective Date; (iv) the expiration of the Force Majeure Waiting Period.
Termination of Consignment. In the event of a breach of or default by either of ARI or Sub in respect of any of their respective covenants, representations or warranties contained in this Agreement or in any of the other agreements, instruments, certificates of documents contemplated hereby or a breach of or default by ▇▇▇▇▇▇▇▇ under that certain Personal Guaranty, dated as of January 29, 1998, MCM may, in its sole discretion, either (i) terminate the provisions of the Article II regarding Consigned Inventory, in which event ARI and Sub agree that they shall promptly return (at their sole cost and expense) all Consigned Inventory to MCM and shall cooperate with MCM to effect the orderly termination of the consignment relationship created hereunder, or (ii) accelerate and declare the remaining unpaid balance of the Consignment Fee immediately due and payable, in which event Sub shall pay to MCM in full the remaining unpaid balance of the Consignment Fee in immediately available federal funds and, upon receipt thereof by MCM, title to all remaining Consigned Inventory shall be transferred from MCM to Sub and the provisions of this Article II shall terminate.
Termination of Consignment. Artist or the Tubac Presidio may terminate this agreement at any time. If either party terminates the agreement, Artist will make arrangements to retrieve the artwork from the Tubac Presidio.
Termination of Consignment. Customer or Consignee may terminate this contract at any time. If either party terminates the agreement, Consignee will make the Goods available to Customer for pick-up within 3 days at: ▇▇▇ ▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Termination of Consignment. (a) The term "Consignment Termination Event," wherever used herein, means any of the following events or conditions (whatever the reason for such Consignment Termination Event and whether it shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any governmental rule or government action):