Consignment Fee definition

Consignment Fee a fee payable to Gorringe’s by the Seller calculated at rates set out in the Conditions of Business. “Consumer” a natural person who is acting for the relevant purpose outside his trade, Business or profession. “Receipt Form” the Contract Form, signed by or on behalf of the Seller listing the Lots to be offered for sale by Gorringe’s. “Contract for Sale” the Sale contract entered into by the Seller with the Buyer (see Appendix 1 in the Catalogue). “Contractual Description” the only Description of the Lot (being that part of the Entry about the Lot in the Catalogue which is in bold letters, any photograph (except for the colour) and the contents of any Condition Report) to which the Seller undertakes in the Contract of Sale the Lot corresponds.

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Consignment Fee refers to the remuneration paid by the Consignor to the Consignee for the Work.

Consignment Fee means the fee to be paid to the Banks (as applicable), pursuant to Section 5.

Examples of Consignment Fee in a sentence

• If you give us a Withdrawal Notice, you will remain liable to pay us the Consignment Fee (see paragraph 3.1.1) on demand.

• The Consignment Fee will be calculated according to the following scale of charges: If you withdraw the lot after the catalogue is sent to press or published on the internet - the consignment fee will be calculated at 20% plus VAT of the reserve or lower estimate.

• The purchase of all consigned commodities bearing a Fixed Consignment Fee shall take place on the last day of the Consignment Period relating thereto.

• Within 7 days from the sale of the Consigned Items, the Consignee shall deliver to the Consignor the sale price of the Consigned Items less the Consignment Fee.

• A consignment fee calculated in accordance with this subparagraph shall be known as a "Floating Consignment Fee".

• All shares repurchased or redeemed by such Company, were repurchased or redeemed in compliance with: (i) all Applicable Laws; and (ii) all requirements set forth in such Company's Charter Documents and relevant Contracts.

• Once the specific quantity and Category of Precious Metal and the specific Fixed Rate Period have been selected and the Fixed Consignment Fee determined and agreed to by the applicable Customer or the Customer Agent, such selections shall be irrevocable and binding on the Customers and shall obligate the Customers to accept the Consignment requested from the Metal Lender in the amount, in the Category and at the Fixed Consignment Fee for the Fixed Rate Period specified.

• Consigned Precious Metal which is accruing a Consignment Fee calculated by reference to the Consignment Fixed Rate.

• Subject to agreement with respect to any Fixed Consignment Fee (if applicable), each such request shall be irrevocable by the Customers.

• In the event, prior to the commencement of any Fixed Rate Period relating to any Fixed Rate Consignment, the Metal Lender shall determine in good faith that adequate and reasonable methods do not exist for ascertaining the Fixed Consignment Fee that would otherwise determine the Fixed Rate Consignment during any Fixed Rate Period, the Metal Lender shall forthwith give notice of such determination (which shall be conclusive and binding on the Customer) to the Customer.

More Definitions of Consignment Fee

Consignment Fee has the meaning given to that term in Section 7(a) hereof.

Consignment Fee means the fee to be paid by the User in case of an Acceptance of bid as de- scripted above (item 1.1). The Consignment Fee is determined by the price at which the bid was accepted (selling price) or is regulated by an individual agreement. The respective Consignment fee can be viewed on the website.

Consignment Fee means the costs set out in this Contract for the IP transfer which is to be paid by Party B;