Consignors definition
Examples of Consignors in a sentence
Consignee shall execute such financing statements, security agreements and other documents as Consignor shall request to protect Consignor's interest under the Uniform Commercial Code.
When a vehicle is sold with reserve, the auctioneer may bid on the Consignor's behalf up to the reserve price.
All reasonable care will be taken of articles consigned, however, they are left at the Consignor's risk.
Customer shall pay all reasonable legal expenses and attorneys' fees incurred by Consignor in enforcing Consignor's rights, powers and remedies under this Agreement.
Consignor shall not be liable to Consignee if Consignor fails to Deliver the Precious Metal by reason of an Act of God or other catastrophe, force majeure, lack of supply, delay in transportation, war or other hostilities, strike, lockout, epidemic, acts of government or other public authority, requirements of any regulatory board, agency or authority, unavoidable casualties or any other causes beyond Consignor's control.
Customer shall, at Consignor's request, immediately assemble all consigned commodities, and Consignor may go upon Customer's premises during normal business hours to take immediate possession thereof.
Consignor agrees to provide the buyer with good, clear and transferable title to the vehicle and to correct at Consignor's expense any title defects and to pay any expenses associated with providing the buyer with good, clear, and transferable title according to the requirements of the Province or where the buyer seeks to register the vehicle.
No failure or delay on Consignor's part to exercise or to enforce any of its rights hereunder or to require strict compliance with the terms hereof and no course of conduct on Consignor's part shall constitute a waiver or relinquishment of any rights hereunder.
All Purchase Price Payments are to be made within two (2) Business Days after such purchase by bank wire to a bank of Consignor's choice, provided, however, title to such consigned commodities shall not pass until the making of such Purchase Price Payment.
The vehicle will be insured at Consignor's expense from the time of receipt by Auctions America, LLC until it ceases to be in Auctions America, LLC custody, in an amount equal to the greater of the reserve, if any and the fair market value of the vehicle.