conditional sales contract definition

conditional sales contract. ’ means a contract—
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conditional sales contract means an agreement to sell equipment to a buyer in which the seller reserves title to, and retains a security interest in, the equipment until the purchase price of the equipment is paid.
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conditional sales contract means a sales Contract involving seismic data acquisition systems and/or associated parts, components or equipment under which the vendor retains title to such systems, parts, components and/or equipment, and with respect to the Acquired Entities and their Subsidiaries, are carried as “Conditional Sales Agreements” on the ARAM balance sheet.
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Related to conditional sales contract

  • Sales Contract means any contract under which the trader transfers or undertakes to transfer the ownership of goods to the consumer and the consumer pays or undertakes to pay the price thereof, including any contract having as its object both goods and services;

  • conditional sale agreement means an agreement for the sale of goods under which the purchase price or part of it is payable by instalments, and the property in the goods is to remain in the seller (notwithstanding that the buyer is to be in possession of the goods) until such conditions as to the payment of instalments or otherwise as may be specified in the agreement are fulfilled;

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.