Common use of True Consignment Clause in Contracts

True Consignment. The Parties intend that this Agreement shall provide for a true consignment and that all transactions hereunder shall constitute true consignments of the silver. The Consignees authorize the Bank to file UCC financing statements to reflect the Consignments made hereunder.

True Consignment. The Parties intend that this Agreement shall provide for a true consignment and that all transactions hereunder shall constitute true consignments of the silverConsigned Precious Metal. The Consignees authorize the Bank to file UCC financing statements to reflect the Consignments made hereunder.