Consignment Period definition
Consignment Period means, with respect to the consignment of commodities based upon a Fixed Consignment Fee, the period beginning on the Drawdown Date and ending on the day which numerically corresponds to such date one, two or three months (or such other period, if agreed to by the Consignor) thereafter (or, if such month has no numerically corresponding day, on the last Eurodollar Business Day of such month), as the Customer may select in its notice provided pursuant to Section 3 hereof; provided, however, that:
Consignment Period means:
(a) with respect to the consignment of Precious Metal based upon a Variable Consignment Fee, the period beginning on the Drawdown Date and ending one (1) Business Day after such Drawdown Date; and
(b) with respect to the consignment of Precious Metal based upon a Fixed Consignment Fee, the period beginning on the Drawdown Date and ending one (1) month, two (2) months, or three (3) months after such Drawdown Date (or such other period as HSBC and the Company shall agree upon from time to time thereafter), as the Company may select in its relevant notice pursuant to Paragraph 2.2 or 2.6; provided, however, in the case of Variable Consignment Fees and Fixed Consignment Fees, if such Consignment Period would otherwise end on a day which is not a London Banking Day, such Consignment Period shall end on the next following London Banking Day.
Consignment Period refers the Article 3 of this Agreement which is the period of Party B's share consignment; "Business day" refers to any day except Saturday, Sunday and other days authorized to the banks to close;
Examples of Consignment Period in a sentence
Consignor hereby appoints Consignee as the authorized and exclusive consignee of the Asset during the Consignment Period (as defined below) and agrees to deliver the Asset to Consignee when requested by Consignee upon at least five (5) days prior written notice for the purpose of the Series’ potential purchase of the Asset (the “Purchase”).
During the Consignment Period the A set shall be insured by Consignor’s casualty and liability insurance policy or polices and by the insurance policies of the facility owner where the Asset is stored.
Consignor shall retain title to the Asset during the Consignment Period and prior to the Purchase of the Asset.
During the Consignment Period, Consignee will have the exclusive and irrevocable right, but not the obligation, to Purchase the Asset for the Purchase Price, as defined below.
More Definitions of Consignment Period
Consignment Period means the period during which the Consigned Precious Article remains on consignment at the Consigned Location, which shall be for three (3) months unless otherwise agreed in writing;
Consignment Period means the period beginning on the Drawdown Date and ending one (1) week, one (1) month, two (2) months, three (3) months, six (6) months, twelve (12) months or twenty-four (24) months after such Drawdown Date (or such other period as the Consignor and the Company shall agree upon from time to time thereafter), as the Company may select in its relevant notice pursuant to Paragraph 2.2 or 2.6 of this Exhibit D; provided, however, that, if such Consignment Period would otherwise end on a day which is not a London Banking Day, such Consignment Period shall end on the next following London Banking Day.”
Consignment Period means, with respect to the consignment of Precious Metal based upon a Fixed Consignment Fee, the period beginning on the Drawdown Date and ending on the day which numerically corresponds to such date one (1), two (2), three (3), six (6) or twelve (12) months (or such other period, if agreed to by the Consignor) thereafter (or, if such month has no numerically corresponding day, on the last London Banking Day of such month), as the Company may select in its relevant notice pursuant to Paragraph 2.4 or 2.5; provided, however, that, if such Consignment Period would otherwise end on a day which is not a London Banking Day, such Consignment Period shall end on the next following London Banking Day; provided, however, that if such next following London Banking Day is the first London Banking Day of a calendar month, such Consignment Period shall end on the next preceding London Banking Day.
Consignment Period means the period commencing on the Closing Date and ending on the Consignment Termination Date.
Consignment Period means the period beginning on the Drawdown Date and ending one (1) week, one (1) month, two (2) months, three (3) months, six (6) months or twelve (12) months after such Drawdown Date (or such other period as the Consignor and the Company shall agree upon from time to time thereafter), as the Company may select in its relevant notice pursuant to Paragraph 2.2 or 2.6 of this Exhibit D; provided, however, that, if such Consignment Period would otherwise end on a day which is not a London Banking Day, such Consignment Period shall end on the next following London Banking Day.
Consignment Period means the period beginning on the Drawdown Date and ending one (1) Business Day after such Drawdown Date; provided, however, that, if such Consignment Period would otherwise end on a day which is not a London Banking Day, such Consignment Period shall end on the next following London Banking Day.
Consignment Period has the meaning set forth in Section 2.4(b).