JRI shall be completed within 120 days (for armament/ ammunition)/ 90 days (for other than armament/ammunition) of arrival of good at the Port Consignee.
Consignee means the user department of Institute to whom the goods are required to be delivered as specified in the contract. If the goods are required to be delivered to a person as an interim consignee for the purpose of despatch to another person as provided in the Contract then that “another” person is the consignee, also known as Ultimate Consignee.
Consignment Price is $100,000 and consignor retains 0%, Consignor will receive $100,000. “Consignment Price” is $100,000 and consignor retains 40%, Consignor will receive $60,000 in cash and 40% in equity in the Series LLC.
Delivery into consignee s store or to his site’ means delivered and unloaded in the specified store or depot or on the specified site in compliance with the conditions of the contract or order, the supplier bearing all risks and charges involved until the supplies are so delivered and a valid receipt is obtained.
Contract Consideration has the meaning specified in the definition of “Excess Cash Flow.”
Freight means the remuneration payable to the carrier for the carriage of goods under a contract of carriage.