Consignment Request definition
Examples of Consignment Request in a sentence
The Supplier shall deliver the Goods in accordance with any delivery timescales, delivery dates and delivery instructions (to include, without limitation, as to delivery location and delivery times) set out in the Specification and Tender Response Document, a Consignment Request, or a Purchase Order or as otherwise agreed with the Authority in writing.
Notwithstanding HSBC’s acceptance of the terms of any Consignment Request, HSBC may condition its delivery and consignment of Precious Metal to the Company on HSBC’s receipt, at an address provided from time to time by HSBC to the Company, of a corresponding confirmation signed by the Company and such other documentation as HSBC may deem necessary or appropriate.
Each Consignment Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to either (i) in the case of any Purchase and Consignment, sell and take on consignment such Borrower's Precious Metal on the proposed Gold Drawdown Date or (ii) in the case of any Delivery, take Delivery of such Precious Metal on the proposed Gold Drawdown Date.
Each Purchase and Consignment Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to sell and take on consignment such Borrower's Precious Metal on the proposed Gold Drawdown Date.
Each Consignment Request for Consignment Base Rate Amounts shall be in a minimum aggregate amount of 100 ▇▇▇▇ ounces or an integral multiple of one hundred (100) in excess thereof, and each Consignment Request for Consignment Fixed Rate Amounts shall be in a minimum aggregate amount of five thousand (5,000) ▇▇▇▇ ounces or an integral multiple of one thousand (1000) in excess thereof.
Notwithstanding Sensata’s acceptance of the terms of any Consignment Request, Sensata may condition its delivery and consignment of Precious Metal to the Company on Sensata’s receipt, at an address provided from time to time by Sensata to the Company, of a corresponding confirmation signed by the Company and such other documentation as Sensata may deem necessary or appropriate.
The Consignees shall have given to the Agent a Purchase and Consignment Request in accordance with the requirements of ss.2.2 hereof, such Purchase and Consignment Request constituting a representation and warranty by each Consignee that the conditions set forth in this ss.7.2 shall have been satisfied.
If HSBC accepts a Consignment Request, it may issue a written confirmation to the Companies confirming the consignment of Precious Metal to the Companies in accordance with the terms of such Consignment Request or as otherwise indicated on the confirmation, which shall state the Fixed Consignment Rate to apply to such consignment.
HSBC may, in its sole and absolute discretion, elect whether to accept such request and rollover a Consignment Request at the end of the applicable Consignment Period or to require repayment thereof.
The issuance of a confirmation by HSBC shall be deemed to be an acceptance by HSBC of the Consignment Request and the Fixed Rate Consignment and other information set forth in the same which shall be binding on the parties.