Consignment of Products Sample Clauses

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Consignment of Products. AGY agrees to work with the Porcher Group to develop a Vendor Managed Inventory (“VMI”) program for AGY products sold to BGF. The Parties agree to identify a process for VMI to include a clear description of the VMI process as well as agreeing upon a process flow diagram. The VMI program will include the concepts described in Exhibit H. The Parties agree to begin work on developing the VMI program promptly after the Effective Date and to use best efforts to have consignment stock in place prior to January 1, 2007.
Consignment of Products. 15.1 The Supplier shall, for the duration of the term of the relevant Statement of Work, provide, manufacture (where applicable), supply and deliver the Products to the Contracting Company for consignment, within the terms set out in the relevant Statement of Work and in accordance with the terms of this Clause 15. 15.2 The Supplier acknowledges that the delivery of the Products to the Contracting Company for consignment under this Clause 15 constitutes its irrevocable offer to the Contracting Company to sell such Products, which the Contracting Company may accept in respect of any quantity or quantities of Stock Quantity of Products at any time and from time to time, during the term of the relevant Statement of Work, in accordance with Clause 16.
Consignment of Products. (a) Consignor shall ship to Consignee, FOB Consignee's Facilities, on consignment, the Products set forth on Exhibit A, hereto. Exhibit A also sets forth the price and other terms for sale not provided for below for each type of Product consigned to Consignee, including the total consideration due to Consignee for each Product sold. Any and all additional Products delivered by Consignor to Consignee shall be described on additional Exhibits to this Agreement and upon the acceptance of the terms of such Exhibits by the Consignee, as shall be evidenced by the signature of an authorized officer of the Consignee on such Exhibits, shall be made a part of this Agreement. All Products so delivered are subject to all the terms and conditions hereto. (b) Consignee shall receive the Products and shall store them at the Facilities, or such other place as the parties may agree in writing, in a careful and proper manner, in an area specifically designated and set aside for such Products, segregated and identified in the manner set forth in Paragraphs 6 and 11 below, as to protect the Products from damage, loss or deterioration. (c) Consignee shall: (i) identify such Products as the property of the Consignor; (ii) pay all expenses incident to the storage and sale of the Products, including, but not limited to all 2 expenses of carting, handling, storage, selling, delivering to customers, and using the Products, and all taxes and other charges assessed and levied on the Products while in the Consignee's possession; and (iii) promptly issue a written receipt for the Products received by it, specifying the type, quantity and condition of the Products and the Facility at which the Products are stored.
Consignment of Products. Upon delivery of Products to RTI’s Managed Inventory pursuant to section 4.05(e), the following shall occur: (1) title to the Products shall pass from OEM to RTI, and (2) RTI shall consign such Products to OEM until shipped to End Users pursuant to Section 4.05(g). OEM will be responsible for storing the Products consigned to OEM in a manner consistent with Laws, the Specifications and standard operating procedures, and shall take commercially reasonable efforts to protect such Products from all losses resulting from theft, damage to or destruction of the Products from the time of consignment until OEM ships the Products to End Users at the direction of and on behalf of RTI pursuant to Section 4.05(g). OEM will be responsible for all losses resulting from theft, damage to or destruction of the consigned Products caused by the intentional misconduct or negligence of OEM or any of its employees or failure to use commercially reasonable efforts to protect Products as set forth above. OEM may not transfer ownership of the consigned Products as collateral or security, nor as a mortgage nor otherwise pledge or encumber the consigned Products in any other way in favor of Third Parties. OEM shall take such actions and execute and deliver such documents as RTI may reasonably request to protect, and maintain the protection of, RTI’s rights in the consigned Products, including filing financing and other similar statements as may be required to protect RTI’s ownership in any applicable jurisdiction. OEM shall clearly segregate all Products in RTI’s Managed Inventory from the property of OEM or third parties. RTI shall have the right, during normal business hours, to inspect the RTI Managed Inventory during the Term and for any period of time thereafter while OEM continues to manage the RTI Managed Inventory.

Related to Consignment of Products

  • Supply of Products ‌‌ 3.1 The Supplier warrants that the Products shall: (a) correspond with their description and any applicable Product Specification; (b) conform in all respects with the Order and any relevant sample; (c) be of satisfactory quality and fit for any purpose held out by the Supplier or made known to the Supplier by Ornua, expressly or by implication, and in this respect Ornua relies on the Supplier's skill and judgement; (d) be manufactured by properly trained and qualified personnel using all reasonable skill, care and diligence and in a good and workmanlike manner;‌ (e) where they are manufactured products, be free from defects in design, materials and workmanship and remain so for the period set out in the Product Specification or, if none is specified, for at least 12 months after delivery; (f) comply with all applicable statutory and regulatory requirements relating to the manufacture, labelling, packaging, storage, handling and delivery of the Products;‌ (g) comply with all relevant standards including any UK Standards, European Standards or International Standards applicable in the UK and the country or State where the Products are to be used; and (h) in the case of Products containing food stuffs, when delivered to Ornua, comply with all applicable food and hygiene legislation and regulations and best industry practice.‌ 3.2 The Supplier shall ensure that at all times it has and maintains all licences, permissions, authorisations, consents and permits needed to carry out its obligations under the Contract in respect of the supply of Products. Breach of this Condition shall be deemed a material breach of the Contract. 3.3 Ornua may inspect and test the Products at any time before delivery. The Supplier shall remain fully responsible for the Products despite any such inspection or testing and any such inspection or testing shall not reduce or otherwise affect the Supplier's obligations under the Contract. 3.4 If following such inspection or testing Ornua considers that the Products do not comply or are unlikely to comply with the Supplier's undertakings at clause 3.1, Ornua shall inform the Supplier and the Supplier shall immediately take such remedial action as is necessary to ensure compliance.‌ 3.5 Ornua may conduct further inspections and tests after the Supplier has carried out its remedial actions.

  • Consignment Inventory that is placed on consignment;

  • Consignments Consign any Inventory or sell any Inventory on ▇▇▇▇ and hold, sale or return, sale on approval, or other conditional terms of sale.

  • Manufacture of Products All Products marketed through Grantor's Web ------------------------- Site shall be manufactured, packaged, prepared, and shipped in accordance with the specifications and requirements described on Exhibit A hereto as it may be modified from time to time. Quality control standards relating to the Product's weight, color, consistency, micro-biological content, labeling and packaging are also set forth on Exhibit A. In the event that Exhibit A is incomplete, Products shall be manufactured and shipped in accordance with industry standards.

  • Supply of Product Salix shall use reasonable efforts to supply the Product during the Co-Promotion Period in sufficient quantities to satisfy the levels of Product sales forecasted in the then current Marketing Plan. Salix shall maintain reasonable inventory levels of the Product in order to ensure their ability to fulfill this obligation. Salix shall have the sole responsibility and right to fill orders with respect to the Product. Altana shall not solicit orders for the Product but, if for any reason, Altana shall receive an order for the Product, Altana shall promptly forward to Salix any such orders. All orders for Product shall be subject to acceptance by Salix, in its sole discretion, which acceptance shall not be unreasonably withheld. Salix may cancel any order for Product at any time after acceptance without incurring any liability to Altana. Salix shall be solely responsible for responding to requests from Target Physicians for individual patients who need the Product but are unable to afford it. Any such request shall be forwarded by Altana to Salix for processing. Salix shall have the sole right and responsibility for establishing and modifying the terms and conditions of the sale of the Product, including (a) the price at which the Product will be sold, (b) whether the Product will be subject to trade or quantity discounts, (c) whether any discount will be provided for payments on accounts receivable, (d) whether the Product will be subject to rebates, returns and allowances or retroactive price reductions, (e) the channels of distribution of the Product, and (f) whether credit [*] Confidential treatment requested; certain information omitted and filed separately with the SEC. is to be granted or refused in connection with any sale of Product. In the event that Salix fails to supply the Product as required pursuant to this Agreement for any reason other than a Force Majeure, which such failure results in lost sales for Altana, the Parties shall meet and attempt to negotiate a mutually agreeable and commercially reasonable solution. If the Parties cannot reach such an agreement within a reasonable period of time, the issue will be dealt with as contemplated under Section 4.4 of this Agreement.