Common use of Terms of Sales Clause in Contracts

Terms of Sales. BAC shall be entitled to retain % (15% for members, 20% for non-members) of all proceeds from the sale of each item consigned. BAC, shall submit a payment for the full amount of the sale price, less the aforementioned agreed upon %, to the consignor on a monthly basis. The consignor shall be paid their portion of the proceeds, % (85% for members, 80% for non-members) of the sale price, not to include any applicable sale tax charged, on the first Friday of each month, for sale of their item(s) during that particular month. Both BAC and the consignor agree that payments shall be made in the form of check. XXX agrees to maintain the agreed upon selling price for each item consigned and will accept nothing less unless otherwise agreed upon in writing and signed by both parties. BAC shall maintain insurance for the premises and all contents thereof against any damage or theft that may occur to any item(s) left with BAC to sell. BAC shall retain possession and control of the consigned merchandise for the duration of 2018 or until the sell by date - whichever should occur first - beginning on the aforementioned agreement date. Prior to or upon delivery of the merchandise, the consignor shall provide a complete and accurate inventory list of the merchandise items that have been consigned to be sold. This list must include a clear description of each item, the quantity of each item, the agreed upon price of each item, and it must be signed by both the consignor and BAC upon acceptance. BAC shall only accept clean, quality merchandise in good condition. All consigned merchandise shall remain at the aforementioned BAC address and shall not be moved to another location without prior written notice to the consignor. Any merchandise that is not sold at the end of the consignment period shall be evaluated by both BAC and the consignor. In the event that XXX decides to remove their merchandise, the consignor shall assume all responsibility for retrieving and removing the unsold merchandise or arrange for the pick-up and all costs associated with said removal of merchandise.

Appears in 1 contract

Samples: Café Consignment Agreement

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Terms of Sales. BAC The Consignee shall be entitled to retain 60% (15% for members, 20% for non-members) of all proceeds from the sale of each item consigned. BACThe Consignee, shall Fleet Feet, will submit a payment for the full 40% amount of the sale price, less the aforementioned agreed upon %, price to the consignor on a monthly basisConsignor within 30 business days of receipt of the sale. The consignor Consignor shall be paid their portion of the proceeds, 40% (85% for members, 80% for non-members) of the sale price, not to include any applicable sale tax charged, on the first Friday of each month, for sale of their item(s) during that particular month. Both BAC the Consignee and the consignor Consignor agree that payments shall be made in the form of checkstore credit. XXX The Consignee agrees to maintain the agreed upon selling price for each item consigned and will accept nothing less unless otherwise agreed upon in writing and signed by both parties. BAC The Consignee shall maintain insurance for the premises and all contents thereof against any damage or theft that may occur to any item(s) left with BAC the Consignee to sell. BAC The Consignee shall retain possession and control of the consigned merchandise for the duration a minimum period of 2018 or until the sell by date - whichever should occur first - days, beginning on the aforementioned agreement date. Prior to or upon delivery of the merchandise, the consignor Consignor shall provide a complete and accurate inventory list of the merchandise items that have been consigned to be sold. This list must include a clear description of each item, the quantity of each item, the agreed upon price of each item, and it must be signed by both the consignor Consignor and BAC Consignee upon acceptance. BAC The Consignee shall only accept clean, quality merchandise in good condition. All consigned merchandise shall remain at the aforementioned BAC Consignee address and shall not be moved to another location without prior written notice to the consignorConsignor. Any merchandise that is not sold at the end of the consignment period shall be evaluated retrieved by both BAC and the consignorConsignor. The Consignor will have until Wednesday May 19th at 6pm to retrieve their items. Any items not retrieved will be donated to a local charity. In the event that XXX the Consignor decides to remove their merchandise, the consignor Consignor shall assume all responsibility for retrieving and removing the unsold merchandise or arrange for the pick-up and all costs associated with said removal of merchandise. MERCHANDISE RECORDS It shall be the responsibility of the Consignee to maintain all records of consignments and ensure accurate record keeping of each item, quantity and what was sold. The Consignor shall have the right to inspect all records related to their account.

Appears in 1 contract

Samples: Garage Sale Agreement

Terms of Sales. BAC The Consignee, , shall be entitled to retain % (15% for members, 20% for non-members) of all proceeds from the sale of each item consigned. BACThe Consignee, , shall submit a payment for the full amount of the sale price, less the aforementioned agreed upon %, to the consignor on a monthly basisConsignor within 30 business days of receipt of the sale. The consignor Consignor shall be paid their portion of the proceeds, % (85% for members, 80% for non-members) of the sale price, not to include any applicable sale tax charged, on at the first Friday end of each month, on or before the 30th, for sale of their item(s) during that particular month. Both BAC the Consignee and the consignor Consignor agree that payments shall be made in the form of check. XXX The Consignee agrees to maintain the agreed upon selling price for each item consigned and will accept nothing less unless otherwise agreed upon in writing and signed by both parties. BAC The Consignee shall maintain insurance for the premises and all contents thereof against any damage or theft that may occur to any item(s) left with BAC the Consignee to sell. BAC The Consignee shall retain possession and control of the consigned merchandise for the duration a minimum period of 2018 or until the sell by date - whichever should occur first - days, beginning on the aforementioned agreement date. Prior to or upon delivery of the merchandise, the consignor Consignor shall provide a complete and accurate inventory list of the merchandise items that have been consigned to be sold. This list must include a clear description of each item, the quantity of each item, the agreed upon price of each item, and it must be signed by both the consignor Consignor and BAC Consignee upon acceptance. BAC The Consignee shall only accept clean, quality merchandise in good condition. All consigned merchandise shall remain at the aforementioned BAC Consignee address and shall not be moved to another location without prior written notice to the consignorConsignor. Any merchandise that is not sold at the end of the consignment period shall be evaluated by both BAC the Consignee and the consignorConsignor. In the event that XXX the Consignor decides to remove their merchandise, the consignor Consignor shall assume all responsibility for retrieving and removing the unsold merchandise or arrange for the pick-up and all costs associated with said removal of merchandise.

Appears in 1 contract

Samples: Consignment Agreement

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Terms of Sales. BAC shall be entitled to retain % (15% for members, 20% for non-members) of all proceeds from the sale of each item consigned. BAC, shall submit a payment for the full amount of the sale price, less the aforementioned agreed upon %, to the consignor on a monthly basis. The consignor shall be paid their portion of the proceeds, % (85% for members, 80% for non-members) of the sale price, not to include any applicable sale tax charged, on the first Friday of each month, for sale of their item(s) during that particular month. Both BAC and the consignor agree that payments shall be made in the form of check. XXX BAC agrees to maintain the agreed upon selling price for each item consigned and will accept nothing less unless otherwise agreed upon in writing and signed by both parties. BAC shall maintain insurance for the premises and all contents thereof against any damage or theft that may occur to any item(s) left with BAC to sell. BAC shall retain possession and control of the consigned merchandise for the duration of 2018 or until the sell by date - whichever should occur first - beginning on the aforementioned agreement date. Prior to or upon delivery of the merchandise, the consignor shall provide a complete and accurate inventory list of the merchandise items that have been consigned to be sold. This list must include a clear description of each item, the quantity of each item, the agreed upon price of each item, and it must be signed by both the consignor and BAC upon acceptance. BAC shall only accept clean, quality merchandise in good condition. All consigned merchandise shall remain at the aforementioned BAC address and shall not be moved to another location without prior written notice to the consignor. Any merchandise that is not sold at the end of the consignment period shall be evaluated by both BAC and the consignor. In the event that XXX BAC decides to remove their merchandise, the consignor shall assume all responsibility for retrieving and removing the unsold merchandise or arrange for the pick-up and all costs associated with said removal of merchandise.

Appears in 1 contract

Samples: Café Consignment Agreement

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