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.
Consigned Inventory means End-of-Life Inventory or Exceptional Excess Inventory or other Inventory purchased by Nortel Networks but held by Flextronics under the terms set out in Section 3.6.
Consigned Inventory means finished goods Inventory which is stored at customers’ facilities on “consignment” as defined in the UCC.
Examples of Consigned Inventory in a sentence
Sales Agent will prepare and maintain complete and accurate books and records pertaining to all Consigned Inventory, including but not limited to the type and quantity of each Product as well as the disposition thereof.
Each Buyer site will have the option to stock consignment spares per terms referenced in Spare Parts Consigned Inventory Program Addendum I.
Buyer owned inventory of Parts will be consumed prior to issuing Consigned Inventory.
The financial responsibility resulting in any discrepancies of the Consigned Inventory shall be negotiated in good faith by the parties.
Sales Agent will hold said products in a fiduciary capacity under an account titled "Consigned Inventory".
More Definitions of Consigned Inventory
Consigned Inventory means inventory owned by Seller, stocked at Buyer’s site for Buyer’s specific use. Consigned Inventory shall include consumable and/or non-consumable, repairable and/or non-repairable Spare Parts and PM kits as Buyer site elects.
Consigned Inventory means the goods held by the Company for sale on behalf of the Company's customers.
Consigned Inventory. Inventory held by a Borrower on consignment (including, without limitation, GE lightbulbs).
Consigned Inventory means Inventory of any Credit Party consisting of magazines which are on consignment to distributors in the ordinary course of business.
Consigned Inventory means finished goods Inventory (including Z orders) having a dollar value equal to the Excess Amount, which finished goods Inventory shall be retained by Seller subject to the provisions of Section 2.7. The dollar value of the Consigned Inventory shall equal the aggregate amount of the dollar value of all Products contained in such Consigned Inventory, determined by multiplying the total number of tons of each such Product by the Total Cost for such Product.
Consigned Inventory means Inventory of any Loan Party that is in the possession of another Person on a consignment or in the possession of a Loan Party on consignment, sale or return, or other similar basis.
Consigned Inventory or “Consignment Inventory” means inventory owned by Sycamore but located at Supplier’s site.