Parts Return Clause Samples

Parts Return. Upon the satisfaction of the Manufacturer’s approval condition in Section 4.2(d), if the Seller has any Parts return privileges or allowances that are not assignable, then the Seller shall initiate a Parts return (designating for return Parts selected by the Purchaser) prior to the Closing Date, with the intent of exhausting any such non-assignable outstanding return privileges or allowances.

Parts Return. Volvo will process requests for parts returns and ------------ adjustments in accordance with Volvo's policies in effect from time to time. This includes discontinued dealer salable parts returns. The parts return privileges detailed in this agreement, shall be applicable to Petro only.

Parts Return. SPD parts or Products diagnosed as defective by the VAR, through its SPD C ertified Technician, and replaced by Dell mu st be returned to D ell by the VA R w ithin five business days from confirmation of replacem ent part or Product being dispatched by D ell. If the VAR fails to ▇▇▇ ▇▇▇ return su ch parts or Products, D ell has th e right and authority to invoice the VAR at Dell’s standard list price for the replacement part or Product plus costs of additional administrative, handling, and transportation costs incurred in shipping the replacement parts or Products to VAR. Dell reserves the right to invoice the VAR for returns of non-Dell sourced components. Invoice fee will include, but not limited to, standard cost of the replacemen t parts or Products sent to the VA R, transportation (inbound and outboun d), ma terial handling, administrative, processing, disposal, and any other cost of the exchange function. Furthermore, Dell will not return any non-Dell components to the VAR.

Parts Return a. Within one (1) week after the effective date of termination, the service center shall submit to CROSLEY a written schedule reflecting all of the Product parts they owned by or in the possession of ASC. Said schedule shall identify all Product parts by part number and shall indicate the quantity on hand. b. Within two (2) weeks after the receipt of such schedule, CROSLEY shall have the right to inspect the inventory reflected on such schedule. c. Within two (2) months of the termination date, CROSLEY may give written notice of its election to repurchase all or any part of the inventory. d. Upon receipt of a notice of repurchase of part inventory, service center shall deliver all specified product parts to a carrier designated by CROSLEY. e. Payment of the repurchase price shall be made by CROSLEY to ASC by issuance to ASC of a credit against the then current indebtedness of ASC owed to CROSLEY. If the repurchase price shall exceed the then current indebtedness of ASC to CROSLEY, CROSLEY shall forward any excess payment to the terminated service center within 30 days after the receipts of such parts by CROSLEY.

Parts Return. During the 1999 Model Year, Mercury will, at ▇▇▇▇▇▇' request, exchange current Model Year Parts for Parts in ▇▇▇▇▇▇' inventory * . The parties agree that the total ▇▇▇▇▇▇ ▇▇▇▇ value of parts returned pursuant to this Section 7 during the 1999 Model Year will not exceed * and the total ▇▇▇▇▇▇ ▇▇▇▇ value of * returned pursuant to this Section 7 will not exceed * . During each of the 2000 and 2001 Model Years, Mercury will, at ▇▇▇▇▇▇' request, exchange current Model Year Parts for Parts in ▇▇▇▇▇▇' inventory in an amount not exceeding the lesser of * of ▇▇▇▇▇▇' Parts purchases in each Model Year or * , provided that the parties agree that ▇▇▇▇▇▇ cannot exchange * during the 2000 and 2001 Model Years. During the term of the Agreement, Parts return or exchange will be subject to Mercury's standard published dealer return policies with the following exceptions: * INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE COMMISSION. (a) ▇▇▇▇▇▇ will have no restocking charges. (b) ▇▇▇▇▇▇ ▇▇▇ return Parts in * condition. (c) In the 1999 Model Year, ▇▇▇▇▇▇ ▇▇▇ return Parts whether or not they are a * . However, in each of the 2000 and 2001 Model Years Parts with * may only be returned in those situations and quantities as may be mutually agreed upon by the parties. (d) ▇▇▇▇▇▇ ▇▇▇ exchange and deliver Parts to Mercury under this Section 7 from September 1 to December 31 following each Model Year of the Agreement. The parties agree that the intent of this Section is to allow ▇▇▇▇▇▇ to decrease its inventory of * Parts and * and it is not intended to allow ▇▇▇▇▇▇ to obtain a lower price for Parts purchased from Mercury.