Return and Cancellation Clause Samples

The Return and Cancellation clause outlines the terms under which a customer may return purchased goods or cancel an order. Typically, it specifies the time frame within which returns or cancellations are permitted, any conditions that must be met (such as the product being unused or in original packaging), and whether any fees or deductions apply. This clause serves to clarify the rights and obligations of both parties regarding changes to completed or pending transactions, thereby reducing disputes and ensuring transparency in the sales process.
Return and Cancellation. If at any time the Available Amount and Liquidation Amount are both equal to zero, the Holders of shares of Series G Preferred Stock shall return such shares to the Company for cancellation in exchange for an amount in cash per share of Series G Preferred Stock equal to the accrued and unpaid dividends on such share, if any, that have not been added to the Liquidation Amount, and the Company shall cancel the shares of Series G Preferred Stock so returned.
Return and Cancellation. If at any time the Available Amount and the Liquidation Amount (as defined in the Certificate of Designations for the Series G Preferred 10 (NY) 07865/002/TARP/2010/Amended.SPA.doc Stock) are both equal to zero, the Investor shall return the outstanding shares of Series G Preferred Stock to the Company for cancellation in exchange for an amount in cash per share of Series G Preferred Stock equal to the accrued and unpaid dividends on such share, if any, that have not been added to the Liquidation Amount, and the Company shall cancel the shares of the Series G Preferred Stock so returned.
Return and Cancellation. If the Customer terminates his/her checking account or his/her deposit account is converted to different account type, he/she shall promptly return to the Bank, for cancellation, the check book and/or other related certificate/ instrument as requested by the Bank. If the Customer misuses the check book and its related certificate/ instrument or violates General Agreement or any relevant rules/regulations, the Bank shall be entitled to terminate its checking account services to the Customer and take back the check book and its related certificate/instrument or cancel the check book and its related certificate/instrument. If the Customer fails to immediately complete such procedures in accordance with the relevant rules and regulations, causing any loss or damage to the Bank or a third party, the Customer shall be fully responsible thereof and in no circumstances shall the Bank be liable for any such loss or legal responsibil- ity incurred by the Customer or a third party as a result thereof.
Return and Cancellation. 4.1 No Products may be returned to IMG without the prior written consent of IMG. 4.2 Products which have been accepted for return must be sent in its original packaging with all its accessories, and with all items in perfect condition, carriage prepaid, to the address indicated by IMG. 4.3 All charges and fees associated with returning or cancelling Products, including but not limited to, shipping, documentation, customs clearance, and warehousing, are to be paid by the Client.
Return and Cancellation. 9 Section 3.03. Further Assurances ...................................................................................... 10 Section 3.04. Sufficiency of Authorized Common Stock .................................................... 10 Section 3.05.
Return and Cancellation. The Customer may provide a representative to check Equipment delivered and the time of delivery against the delivery docket. The delivery docket will be conclusive evidence as to the Equipment delivered if no representative is provided. Delivery and return dockets for Equipment must be checked and signed for at the time of delivery/ collection by the Customer's authorised representative failing which Builtrite's records will be conclusive evidence of delivery/collection. The Customer must return all Equipment to Builtrite at the depot from which it was obtained during normal business. The Customer will be responsible for any cleaning of Equipment which Builtrite reasonably deems necessary. Equipment accepted for return must be in the same state and condition as when delivered to the Customer. A return must be accompanied by the original Builtrite invoice as proof of the relevant sale or hire. All equipment not returned to Builtrite will be charged in accordance with to Builtrite's current price list. Builtrite reserves the right to charge for any direct or indirect loss referable to any cancellation or variation required by the Customer. Client Accountability Where scaffold erection, dismantle or alterations, cannot be completed due to the disorganisation of the client, Builtrite’s man hours will be charged as per usual/quote to the client. Builtrite does not carry the debt of disorganised clients. Refund Refunds may be applied for in writing by the customer if they believe they are entitled. Customer must have reasonable justification that Builtrite should process a refund. No refunds will be authorised without the Directors approval. Title Despite any credit facility or other time or indulgence to the Customer, in the case of a sale of Equipment, property in such Equipment will not pass to the Customer until payment in full of all monies owed to Builtrite and Builtrite reserves the right to take possession of such Equipment as it sees fit at any time until payment in full of all amounts owing to Builtrite on any account by the Customer; in the case of a hire of Equipment, the Customer must not deal with such Equipment in any manner inconsistent with Builtrite's ownership. The Customer agrees that a certificate purporting to be signed by an officer of Builtrite identifying Builtrite's title to Equipment will be conclusive evidence of Builtrite's title. Equipment will be deemed to be dealt with by the Customer on a "first in first out" basis at all times. ...