Consigned Products definition
Examples of Consigned Products in a sentence
This Agreement represents the entire agreement between Bakery and Consignee and supersedes any and all prior franchises, agreements or understandings between Bakery and Consignee, whether written or oral, regarding distribution of Consigned Products.
Such Consigned Products will be deleted from the inventory of Consigned Products.
In the event that a Chain account no longer requires double bagged Consigned Products, Bakery’s obligations under this subparagraph shall cease and Consignee’s obligations under this Agreement will resume.
Consignee will not sell or deliver any Consigned Products, or any products listed in Schedule B, directly to consumers or to any other purchasers except retail stores (exclusive of the in-store bakeries, food-service counters and food-service sections located in such retail stores) within the Territory and such hotels, restaurants, clubs and similar organizations within the Territory as Bakery may authorize in writing.
Shrink refers to unaccounted for Consigned Products delivered to an SBT store, calculated as a percentage of total inventory.
In the event Bakery, in its sole discretion, discontinues double bagging Consigned Products and Consignee, in his/her/its sole discretion, opts to discontinue distributing double-bagged Consigned Product to a retail store, Bakery shall have the exclusive right to distribute such double-bagged Consigned Product to such retail store and Consignee shall be entitled to only 5% of the Bulletin Price of such double bagged Consigned Product (net of returns).
At SynCardia’s written request, Consigned Products and Drivers will be returned to SynCardia, or to SynCardia’s designee.
Such invoices shall thereafter be payable within *** days from the date that the Consigned Products in question were originally shipped to Buyer.
Buyer shall submit to Daramic a firm request for shipment of Consigned Products for the *** following weeks, on every Thursday, stating the quantity, delivery destination and requested delivery date.
Company shall receive, hold and exercise reasonable care for such Consigned Products which shall remain the solitary and elite property of the Supplier.