Inventory Mitigation Efforts Clause Samples
Inventory Mitigation Efforts. For a period of not less than thirty (30) days prior to seeking recovery of costs, Supplier shall make reasonable efforts to minimize Buyer’s liability for Excess Inventory by attempting to cancel, return, restock, or divert Materials to other recipients if the value of such Materials is greater than or equal to one thousand dollars ($1,000.00) in the aggregate (such efforts, “Inventory Mitigation Efforts”). Buyer acknowledges that such actions may incur cancellation, restocking, and/or similar fees beyond Supplier’s control, in which case Supplier shall communicate in writing such fees to Buyer, and ▇▇▇▇▇’s written consent to proceed with disposition (which may be provided by email) shall constitute Buyer’s agreement to be liable for any and all such fees.
Inventory Mitigation Efforts. At Customer’s request, Supplier shall make reasonable efforts to minimize Customer’s liability for Excess Inventory by attempting to cancel, return, restock, or divert Materials to other recipients if the value of such Materials is greater than or equal to one thousand dollars ($1,000.00) in the aggregate (such efforts, “Inventory Mitigation Efforts”). Customer acknowledges that such actions may incur cancellation, restocking, and/or similar fees beyond Supplier’s control, in which case Supplier shall communicate in writing such fees to Customer, and Customer’s written consent to proceed with disposition (which may be provided by email) shall constitute Customer’s agreement to be liable for any and all such fees.