Retained Goods definition

Retained Goods shall have the meaning set forth in Section 8(h).
Retained Goods means all merchandise returned or rejected by Customers or repossessed from Customers relating to or securing any of the Accounts.
Retained Goods has the meaning set out in paragraph 2.3 of Schedule 1;

Examples of Retained Goods in a sentence

  • For the duration of the retention of title the Purchaser may not pledge the Retained Goods or use them as security.

  • For the duration of the retention of title, the Purchaser may not pledge the Retained Goods or use them as security, and resale shall be possible only for resellers in the ordinary course of their business and only on condition that the reseller receives payment from its customer or makes the transfer of property to the customer dependent upon the customer fulfilling its obligation to effect payment.

  • Items pertaining to the Supplies ('Retained Goods') shall remain the property of the Supplier until full payment of the price has been effected.

  • All Retained Goods (and the proceeds thereof) shall be (A) held by you in trust for us as our property; and (B) subject to a security interest in our favor as security for the Obligations; and (C) disposed of only in accordance with our express written instructions.

  • The customer is not permitted to pledge or assign Retained Goods as security.

  • The Customer shall be obliged to return the Retained Goods and render all necessary assistance including allowing the entry of the employees and/or agents of SMSB into any and all premises where the Retained Goods are kept so as to facilitate the retaking of possession by SMSB of the Retained Goods.

  • Items pertaining to the Supplies ("Retained Goods") shall remain the property of the Supplier until each and every claim the Supplier has against the Purchaser on account of the business connection has been fulfilled.

  • If Retained Goods are combined with items that do not belong to the customer, or if the special rights are lost, the Company acquires co-ownership of the new item proportionate to the value of Retained Goods to the other combined items at the time of combination.

  • The Retained Goods must not be pledged or assigned by way of security.

  • Any processing or conversion of the Retained Goods by the buyer will always be undertaken for Renold, as manufacturer, without this obliging Renold in any manner.


More Definitions of Retained Goods

Retained Goods means returned or repossessed merchandise or other goods which by sale resulted in Receivables theretofore assigned to us.
Retained Goods shall have the meaning set forth in Section 3.3(e) hereof.
Retained Goods shall have the meaning set forth in Section 5.2 hereof.
Retained Goods. : means Products which have been delivered to the Purchaser but for which JC still has ownership.
Retained Goods has the meaning set out in paragraph 2.3 of Schedule 1; Services the services to be provided by the Supplier pursuant to an Order; Specification the specification for the Goods and/or Services set out in Subsidiary has the meaning set out in Section 1159 of the Companies ▇▇▇ ▇▇▇▇; Subsidiary Undertaking has the meaning set out in Section 1162 of the Companies ▇▇▇
Retained Goods shall have the meaning set forth in subparagraph (c) of the definition of Collateral set forth in Paragraph 12 of this agreement.