Consignment of Inventory Clause Samples
The Consignment of Inventory clause establishes the terms under which one party (the consignor) provides goods to another party (the consignee) for storage, display, or sale, while retaining ownership until the goods are sold. Typically, this clause outlines responsibilities for handling, storing, and insuring the inventory, and may specify how unsold goods are to be returned or accounted for. Its core function is to clarify the rights and obligations of both parties regarding the inventory, reducing the risk of disputes over ownership and liability during the consignment period.
POPULAR SAMPLE Copied 2 times
Consignment of Inventory. The ARTIST hereby consigns to the GIFT SHOP and the GIFT SHOP accepts on consignment the Artworks listed on the attached inventory sheet which is hereby incorporated by reference. Additional inventory sheets may be incorporated into this contract by agreement of both parties to the consignment of other works of art in a written amendment to this contract. All inventory sheets shall be signed by the ARTIST and a designated representative of the GIFT SHOP.
Consignment of Inventory. The Company agrees to provide the Reseller with a minimum inventory of 1,000 units of each item listed in Schedule "A". Title of this inventory ("Consignment Inventory") will remain with the Company until the Reseller completes the sale of the Products with their customer. The Reseller's customers are defined as independent business associates, retail outlets, affiliates and internet sales (the "Customers"). The Company agrees to maintain this minimum consignment inventory level at all times. The Company further accepts responsibility for any third-party warehouse costs for the consignment inventory. The Reseller has the right to appoint the third-party warehouse facility.
Consignment of Inventory. Except as specified on Schedule III, such Grantor shall not, at any time during the term of this Security Agreement, place any Inventory on consignment with any Person.
Consignment of Inventory. Gallery accepts on consignment, the artworks listed on the List of Inventory attached to this agreement. Additional lists may be incorporated into this agreement if signed by both parties.
Consignment of Inventory. As of the Effective Date, no Inventory of any Grantor has been placed on consignment with any Person.
Consignment of Inventory. Artist consigns to Gallery, and Gallery accepts on consignment, all artwork listed in Schedule A (Inventory of Consigned Artwork), for the full term of this Agreement. All modifications or additions to Schedule A shall be in writing, signed by both parties, and attached to this Agreement. Artists shall be limited to two (2) pieces of hanging artwork (not to exceed 48” by 48”) AND/OR six (6) prints (for print bins), OR six (6) three-dimensional/ shelf pieces of artwork, OR twelve (12) pieces of jewelry, OR (12) books, OR (12) notecards (single or boxed) on consignment at any time during the term of this Agreement. Hanging pieces shall be ‘ready to hang’ upon delivery (i.e., pieces must have a wire hanger attached. No other type of hanging system will be accepted). Artist agrees to replace any piece(s) sold during the term of this Agreement; thereby maintaining a consigned inventory as specified above throughout the term of this Agreement. Accepted three-dimensional/ shelf pieces of artwork will be accepted at the discretion of the Gallery. Gallery will not accept artwork ‘not for sale’ or ‘previously sold’ under this Agreement, unless artist’s sole body of work can only be accomplished through direct interaction of the artist and patron (i.e., portraits).
Consignment of Inventory. The Tubac ▇▇▇▇▇▇▇▇ accepts on consignment, the artwork listed on “Schedule “A” attached to this agreement. Additional lists may be incorporated into this agreement if signed by both parties. The Tubac Presidio shall sell the artwork only at the retail price specified in Schedule “A” of this agreement. Both parties must agree to any change to the retail price or the commission schedule.
Consignment of Inventory. Maker shall not at any time permit ------------------------ any inventory to be placed on consignment with any person or entity without the prior written consent of Holder.
Consignment of Inventory. Borrower shall not at any time permit any Inventory to be placed on consignment with any Person without the prior written consent of the Lender. Any consent to a consignment of Inventory may be conditioned upon Borrower and consignee executing and delivering to the Lender such consignment agreements and other instruments, financing statements and other documents as the Lender shall request.
Consignment of Inventory. Maker shall not at any time permit any Inventory to be placed on consignment with any person or entity without the prior written consent of Holder. Any consent to a consignment of Inventory may be conditioned upon Maker and consignee executing ▇▇▇ ▇▇livering to Holder such consignment agreements and other instruments, financing statements and other documents as Holder shall request.