Consigned definition
Consigned. Items and/or Bailment 21. Notice 22. Severability 23. Titles and Attachments 24. Governing Law 25. Miscellaneous Part Purchases 26. Entire Agreement 27. Export/Import 28. Sale of Product to SSI Directed Third Party Customers ATTACHMENTS A Product and Pricing Exhibit B Demand Pull Kanban Plan C Consigned Capital Equipment Agreement D Product Specifications E Quality Plan Procedure F QBR Form Amend Attachment A GENERAL TERMS AND CONDITIONS This Manufacturing and Purchase Agreement (the "Agreement") is entered into and executed as of the Effective Date stated between LSI Logic Storage Systems, Inc. (SSI) whose principal place of business is ▇▇▇▇ ▇. ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ("SSI"), and SANMINA-SCI Corporation whose principal place of business is ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, and its wholly owned subsidiaries (collectively "SANMINA-SCI"). The terms and conditions contained herein apply to the manufacture of computer Products and the related material procurement, inventory, test and packaging, thereof.
Consigned inventory as shown on the Borrowers' books or computer records, (ii) within thirty (30) days following the end of each month, at Agent's request, the Borrowers shall deliver to the Agent a detailed Schedule showing all outstanding advances under this Section 9.4(k) in form and content satisfactory to the Agent and (iii) the Borrowers shall put in place a system satisfactory to the Agent to set appropriate credit limits, track its credit experience and obtain financial information from Persons to whom advances are made under this Section 9.4(k);
Consigned means a Watercraft that
Examples of Consigned in a sentence
The Consignor hereby grants to the Consignee the exclusive right to display and sell the Consigned Items according to the terms and conditions of this Agreement.
The Consignee represents and warrants that the Consignee shall maintain insurance coverage sufficient to compensate the Consignor for the fair market value of the Consigned Items in the event of damage due to fire, theft, or otherwise.
The Consigned Items are as follows:[Item 1 and description][Item 2 and description]MINIMUM PRICE.
In the event the Consignee sells the Consigned Items for less than the Minimum Price, the Consignor shall be entitled to the same payment the Consignor would receive as its share of the sale price under this Agreement, had the Consigned Items been sold for the Minimum Amount.
The minimum price at which the Consignee may sell the Consigned Items shall be [Amount] (the “Minimum Price”).
More Definitions of Consigned
Consigned. ITEMS AND/OR BAILMENT Each party hereto shall be deemed to be an independent contractor with respect to the performance of its obligations and duties hereunder. Nothing in this Agreement or the arrangement for which it is written shall constitute or create a joint venture, partnership, agency or any other similar arrangement between the parties. This Agreement makes reference in several locations to "consigned" equipment or "consigned" inventory, which is purchased by SSI and provided to SANMINA-SCI exclusively for assembling goods for SSI. The parties agree and acknowledge that these items are not "consigned" in the strict legal sense as a means for financing inventory to third parties. Instead, all references to items that are "consigned" to SANMINA-SCI by SSI in this Agreement or any related purchase order or other documents are intended to mean that a legal bailment has been established. No ownership or security interest of any kind in any such bailment is granted to SANMINA-SCI or its creditors. SANMINA-SCI will maintain separate bins and clear labeling to keep SSI inventory separate from other items, and will take precautions to ensure its creditors do not mistake SSI Bailment's as property of SANMINA-SCI.
Consigned. Items and/or Bailment 21. Notice 22. Severability 23. Titles and Attachments 24. Governing Law 25. Miscellaneous Part Purchases 26. Entire Agreement 27. Export/Import 28. Sale of Product to SSI Directed Third Party Customers ATTACHMENTS A Product and Pricing Exhibit B Demand Pull Kanban Plan C Consigned Capital Equipment Agreement D Product Specifications E Quality Plan Procedure F QBR Form Amend Attachment A </Table> 2 <PAGE> GENERAL TERMS AND CONDITIONS This Manufacturing and Purchase Agreement (the "Agreement") is entered into and executed as of the Effective Date stated between LSI Logic Storage Systems, Inc. (SSI) whose principal place of business is ▇▇▇▇ ▇. ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ("SSI"), and SANMINA-SCI Corporation whose principal place of business is ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, and its wholly owned subsidiaries (collectively "SANMINA-SCI"). The terms and conditions contained herein apply to the manufacture of computer Products and the related material procurement, inventory, test and packaging, thereof. RECITALS WHEREAS, SSI desires to have SANMINA-SCI procure components, manufacture, assemble, test and ship certain Product pursuant to one or more Purchase Orders issued by SSI in accordance with this Agreement; and
Consigned means a Watercraft that 1. is not owned by You;
Consigned inventory and each Borrower further agrees that it shall not from and after the Closing Date enter into any consignment agreement or arrangement with any consignor who has not delivered to the Agent a Consignor Letter. Notwithstanding the foregoing, no Consignor Letter shall be required to be executed and delivered by Sovereign Bank (its successors and assigns) in connection with the Gold Consignment Documents so long as the Sovereign Intercreditor Agreement is in full force and effect.
Consigned means those items procured and purchased directly by SONIM from third party suppliers and supplied to UNICAIR for purposes of UNICAIR’s assembly of the Products.
Consigned means shipped, consigned, or entrusted to a mercan tile agent for sale, reconsignment, or other disposition;
Consigned and will perform in accordance with the applicable Specifications under normal handling, use and operation for a period of eighteen (18) months from the date Purchaser receives the Product. Manufacturer's sole obligation under this Product Warranty, and Purchaser's sole and exclusive remedy, shall be at Manufacturer's option, to either repair, replace or credit Purchaser's account for any Products found to be defective during this warranty period. This remedy is made on the following conditions:
i. Manufacturer is notified in writing of the defective Products within a reasonable time after Purchaser or Purchaser's customer acknowledges receipt of Products.
ii. Purchaser shall forward defective Products to Manufacturer at Manufacturer's expense. Manufacturer shall use its best effort to return the repaired or replaced Products freight prepaid by Manufacturer to Purchaser no later than thirty (30) days from the date Manufacturer receives the defective Products. Such Products will be returned Manufacturer F.O.B. destination. The Product Warranty referred to in this Agreement shall apply to all Products supplied to replace defective Products. Repaired Products shall be warranted for a period of ninety (90) days or the remainder of the original warranty period, whichever is longer. The aforementioned warranties shall inure to Purchaser and its assigns and may be passed through to Purchaser's customers.