Common use of Obsolete or Outdated Product Clause in Contracts

Obsolete or Outdated Product. Tech Data shall have the right to return for ---------------------------- Return Credit, without limitation as to the dollar amount, all Products that become obsolete or VENDOR discontinues or are removed from VENDOR's current price list; provided Tech Data returns such Products within ninety (90) days after Tech Data receives written notice from VENDOR that such Products are obsolete, superseded by a newer version, discontinued or are removed from VENDOR's price list. VENDOR shall bear all costs of shipping and risk of loss of obsolete or outdated Products to VENDOR's location.

Appears in 2 contracts

Sources: Distribution Agreement (Sonicwall Inc), Distribution Agreement (Sonicwall Inc)