Common use of Consignments Clause in Contracts

Consignments. Consign any of its or their Inventory with a value in excess of $250,000 in the aggregate or sell any of its or their Inventory with a value in excess of $250,000 in the aggregate on ▇▇▇▇ and hold, sale or return, sale on approval, or other conditional terms of sale.

Appears in 3 contracts

Sources: Subordination Agreement (Tontine Capital Partners L P), Subordination Agreement (Patrick Industries Inc), Credit Agreement (Patrick Industries Inc)

Consignments. Consign any of its or their Inventory with a value in an aggregate amount in excess of $250,000 in the aggregate 2,000,000 at any time, or sell any of its or their Inventory with a value in excess of $250,000 in the aggregate on ▇▇▇▇ and hold, sale or return, sale on approval, or other conditional terms of sale.

Appears in 2 contracts

Sources: Note, Guaranty and Security Agreement (Midas Inc), Loan and Security Agreement (Midas Inc)

Consignments. Consign any of its or their Inventory with a value in excess of an aggregate amount equal to $250,000 in the aggregate 1,000,000 at any time or sell any of its or their Inventory with a value in excess of $250,000 in the aggregate on ▇▇▇▇ and hold, sale or return, sale on approval, or other conditional terms of sale.

Appears in 1 contract

Sources: Loan and Security Agreement (Multigraphics Inc)