Common use of CHARGE-BACK Clause in Contracts

CHARGE-BACK. ‌ Charges incurred at RÖCHLING through non-conforming product (included but not limited to: deviation from delivery specification, mixed material, mislabeled material etc.), delayed or missed shipments and resulting expedite costs, charges to RÖCHLING from OEMs (caused by non-conforming supplied material), as well as administrative charges are charged to the SUPPLIER. These charge backs apply to all phases of the part life (Nomination to End of life including warranty). This is valid for all commercial statuses such as directed, managed, etc. SUPPLIERS, unless otherwise agreed.

Appears in 1 contract

Sources: Supplier Quality Agreement

CHARGE-BACK. Charges incurred at RÖCHLING through non-conforming product (included but not limited to: deviation from delivery specification, mixed material, mislabeled material etc.), delayed or missed shipments and resulting expedite costs, charges to RÖCHLING from OEMs (caused by non-conforming supplied material), as well as administrative charges are charged to the SUPPLIER. These charge backs apply to all phases of the part life (Nomination to End of life including warranty). This is valid for all commercial statuses such as directed, managed, etc. SUPPLIERS, unless otherwise agreed.

Appears in 1 contract

Sources: Supplier Quality Agreement