Product Inspection; Acceptance/Rejection of Products Sample Clauses
The 'Product Inspection; Acceptance/Rejection of Products' clause establishes the buyer's right to examine delivered goods and determine whether they meet the agreed-upon specifications. Typically, this clause outlines a specific timeframe within which the buyer must inspect the products and notify the seller of any defects or nonconformities, and may detail the process for returning or replacing rejected items. Its core function is to ensure quality control and protect the buyer from being obligated to accept or pay for products that do not meet contractual standards.
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Product Inspection; Acceptance/Rejection of Products. Within a commercially reasonable amount of time (not to exceed 30 days) after ISB’s receipt of a Product (“Inspection Period”), ISB will perform any tests and analyses ISB deems appropriate or necessary to determine if such Product meets the Specifications for such Product and the other requirements set forth in this Agreement. If the Product is damaged, defective or fails to meet any of the Specifications for such Product or any other requirements set forth in this Agreement, ISB may reject such Product shipment (in whole or in part). If ISB intends to reject a Product shipment, ISB will, within 30 days after the Inspection Period, inform Supplier in writing of its rejection of all or any part of such Product shipment and its reasons for such rejection. If ISB rejects a Product and such Product is defective, Supplier will, at Supplier’s discretion, promptly provide replacement Product that meets the Specifications for such Product and the other requirements set forth in this Agreement at Supplier’s sole expense (in which case the inspection, acceptance and rejection procedure set forth in this Section 5.4 will apply to such replacement Product) or credit the aggregate Purchase Price for such rejected Products against the applicable invoice. A Product not timely rejected as provided in this Section 5.4 will be deemed accepted, and ISB’s sole remedy for defective or non-conforming Products after acceptance is set forth in Section 6. Any Products that are rejected by ISB due to failure to meet the Specifications or any other requirements set forth in this Agreement will be disposed of by ISB unless Supplier requests such rejected Products be returned at Supplier’s sole expense.