Consigned Assets definition

Consigned Assets means all inventory and assets on consignment to MJP, wherever located. Schedule ‎1.36 lists the Consigned Assets located at the Fab as of the date hereof, which Schedule may be updated by the Seller Group prior to Closing to list consignment to MJP of any additional such Consigned Assets after the date hereof.
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Examples of Consigned Assets in a sentence

  • The Buyer further agrees to use reasonable commercial efforts to find a buyer for the Consigned Assets and agrees that ▇▇▇▇▇▇ ▇▇▇▇▇▇ shall (for so long as he remains employed by the Buyer or an Affiliate) be responsible for the Buyer's efforts to find such buyer (it being agreed that the foregoing shall not require Buyer to retain ▇▇.

  • Upon the consummation of any sale of some or all of the Consigned Assets, Raytheon shall pay to the Buyer 40% of the proceeds received by Raytheon for such sale.

  • Raytheon, as owner of the Consigned Assets, shall have the authority to accept or reject any proposed sale of the Consigned Assets.

Related to Consigned Assets

  • Assigned Assets refers to the Technology, all Derivatives, all Intellectual Property Rights, all Embodiments and Business Assets, collectively.

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Consignee means the user department of Institute to whom the goods are required to be delivered as specified in the contract. If the goods are required to be delivered to a person as an interim consignee for the purpose of despatch to another person as provided in the Contract then that “another” person is the consignee, also known as Ultimate Consignee.

  • Purchased Assets has the meaning set forth in Section 2.1.