Warehousing Agreement. In practice, the principal often requires that the distributor ensure his delivery capacity by maintaining a warehouse of his own. This can be done by keeping a consignment stock warehouse (Konsignationswarenlager) or a self-owned ware- house (Eigenlager). Whereas the products in a self-owned warehouse are owned by the distributor, a consignment stock is still located in the vicinity of, or possibly even on, the distributor’s premises. The goods, however, remain the property of the principal until such time as the distributor removes them from the warehouse. Maintaining a consignment stock warehouse frequently involves high costs for the principal, whereas in a self-owned warehouse, the liquidity risk remains with the distributor. A consignment stock warehouse agreement ends automatically once the distributorship agreement is terminated.367 However, the parties can and should expressly stipulate the term and termination options of the warehousing agreement. 367 Cf. Manderla, in: Xxxxxxxx/Xxxxxx/Xxxxxxxxxx/Xxxxx, Vertriebsrecht, 3rd ed., 2010, § 22 no. 33.
Warehousing Agreement. As promptly as reasonably practicable following the date hereof, and in any case within 30 Business Days after the date hereof, Parent and RMT Partner will prepare and negotiate in good faith the form and substance of a Warehousing Agreement (which will reflect the terms and conditions set forth in Exhibit G, and, to the extent not addressed in Exhibit G, terms and conditions consistent with those set forth in the TSA) (the “Warehousing Agreement”).
Warehousing Agreement. Seller shall use its best efforts to obtain any waivers or consents to the assignment to Buyer, prior to the Closing Date, of the Administration, Selling and Warehousing Agreement, dated as of June 6, 1995, between Seller and Muelhens Inc. (the "Muelhens Contract"). Without limiting the generality of the foregoing, Seller shall use its best efforts to take such actions as shall in Buyer's reasonable opinion be necessary or appropriate (i) in order that the rights and obligations of Seller under the Muelhens Contract are preserved for the benefit of Buyer, (ii) to obtain any necessary waivers or consents to the assignment to Buyer of any amended or modified Muelhens Contract or any Contract executed by Seller in substitution for the Muelhens Contract, and (iii) to facilitate the collection of monies due and payable and to become due and payable to Seller in respect of the Muelhens Contract, as it may be amended or modified, or any such replacement Contract, and Seller shall hold all such monies in trust for the benefit of Buyer and shall promptly pay such amounts to Buyer.
Warehousing Agreement. 9 Section 1.82 WARN Act . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Section 1.83 Wharfage Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Section 1.84 Withdrawal Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Warehousing Agreement. WDLLC shall at all times maintain the maximum committed loan amount under the Warehousing Agreement at no less than the maximum committed loan amount in
Warehousing Agreement. The Bank shall have received a copy of, and be sat- isfied in all respects with the terms of, the Warehousing Agreement duly executed by an Authorized Signatory of the Bor- rower and by an Authorized Signatory of Xxxxxxxx Warehousing.
Warehousing Agreement. (i) The Term Loan Commitment and the Premium Advance Commitment will be terminated, (ii) GMAC-RFC will have no obligation to make any Term Loan Advances or Premium Advances under the Warehousing Agreement, (iii) the Term Loan Maturity Date and Premium Commitment Maturity Date will be deemed to have occurred, (iv) the Warehousing Commitment will remain in effect until September 3, 2004, (v) GMAC-RFC will continue to fund Warehousing Advances in accordance with the terms of the Warehousing Agreement until September 3, 2004, (vi) the Warehousing Maturity Date will be November 5, 2004, (vii) GMAC-RFC waives any approval right it may have pursuant to Sections 8.3(b) or 8.4 of the Warehousing Agreement in respect of actions that Encore may take in connection with a REIT conversion, and (viii) except as expressly modified in this Agreement, the Warehousing Agreement will remain in full force and effect in accordance with its terms.
Warehousing Agreement. On the Closing Date, Warehousing Agreements, which will provide for the supply of warehousing services by Seller or Purchaser, as applicable, to the other, shall have been executed by Seller and Purchaser in a form reasonably acceptable to Seller and Purchaser and reflecting the terms set forth in Exhibit I attached hereto.
