CONSIGNMENT FEES definition

CONSIGNMENT FEES. An account set up fee of 25 Bermuda dollars will be charged to all new consignors. There is an annual maintenance fee of 10 Bermuda dollars for active accounts, to be charged in the first month of the Company’s fiscal year.
CONSIGNMENT FEES means the outstanding total of fees agreed to (based on specified quantities and time periods) by Duly Authorized Officers of both parties at the time of each Delivery of Consigned Precious Metal.
CONSIGNMENT FEES means for each day such fees as are mutually agreed upon by the Bank and A Consignee to be calculated by multiplying the agreed upon rate by one-three hundred sixtieth (1/360) by the Fair Market Value of the Consigned Precious Metal for that day.

Examples of CONSIGNMENT FEES in a sentence

  • ASSOCIATE ARTIST CONSIGNMENT FEES: If you are applying as an Associate Artist, you will pay a 20% commission for each piece that is sold and and additional monthly fee of $230.