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Equipment Consignment Agreement
"Need an Equipment Consignment Agreement for placing high-value medical scanning equipment with three hospitals in London, requiring specific maintenance schedules and quarterly performance reporting, starting from March 2025."
1. Parties: Identification and details of the consignor and consignee
2. Background: Context of the agreement and business relationship
3. Definitions: Key terms used throughout the agreement
4. Equipment Description: Detailed description of consigned equipment
5. Consignment Terms: Core terms including duration, pricing, and commission structure
6. Title and Risk: Ownership rights and risk allocation
7. Obligations of Parties: Respective responsibilities of consignor and consignee
8. Term and Termination: Duration and termination provisions
1. Insurance: Insurance requirements for high-value equipment or high-risk scenarios
2. Maintenance and Repair: Equipment maintenance responsibilities when regular maintenance is required
3. Territory Restrictions: Geographical limitations on equipment use/sale when territorial restrictions apply
4. Marketing and Promotion: Terms for marketing the equipment when consignee has marketing responsibilities
1. Equipment Schedule: Detailed list and specifications of consigned equipment
2. Pricing Schedule: Commission rates and pricing structure
3. Service Level Agreement: Performance standards and metrics
4. Maintenance Schedule: Required maintenance procedures and timeframes
5. Return Procedures: Processes for equipment return or replacement
Authors
Business Day
Commencement Date
Commission
Confidential Information
Consigned Equipment
Consignment Period
Consignment Location
Consignor
Consignee
Effective Date
Equipment Records
Force Majeure Event
Intellectual Property Rights
Inventory Report
Liability
Maintenance Requirements
Market Value
Minimum Sales Price
Net Proceeds
Operating Instructions
Parties
Payment Terms
Purchase Price
Related Agreements
Sales Report
Security Interest
Specifications
Term
Territory
Title
Transaction Documents
Title and Risk
Commission Structure
Consignment Terms
Sales and Pricing
Maintenance and Care
Insurance
Reporting Requirements
Representations and Warranties
Obligations of Consignor
Obligations of Consignee
Term and Termination
Liability and Indemnification
Confidentiality
Intellectual Property
Record Keeping
Security Interest
Force Majeure
Assignment and Sub-contracting
Notices
Dispute Resolution
Governing Law and Jurisdiction
Entire Agreement
Severability
Variation
Waiver
Third Party Rights
Compliance with Laws
Health and Safety
Data Protection
Find the exact document you need
Consignment Sales Agreement
An English law agreement governing the arrangement where goods are provided for sale while ownership is retained by the original owner until sold.
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