Return of Products After Rejection Period Sample Clauses

Return of Products After Rejection Period. After the Rejection Period, Distributor may not return a product to Manufacturer for any reason without Manufacturer’s prior written consent. For any Product for which Manufacturer gives such consent, Manufacturer shall charge Distributor a restocking fee equal to fifteen percent (15%) of Distributor’ Purchase Price for that Product and in such case shall credit the balance of the Purchase Price to Distributor account. Distributor shall be responsible for all shipping charges.
Sample 1Sample 2
AutoNDA by SimpleDocs
Return of Products After Rejection Period. Unless a Product is returned in accordance with the provisions of Manufacturer's standard warranty for the Product described in Subsection 5.1. below, after the Rejection Period Purchaser may not return a Product to Manufacturer for any reason without Manufacturer's prior written consent. For any Product for which Manufacturer gives such consent, Manufacturer shall charge Purchaser a restocking fee equal to fifteen percent (15%) of Purchaser's Purchase Price for that Product and shall credit the balance of the Purchase Price to Purchaser's account. Purchaser shall be responsible for all shipping charges.
Sample 1Sample 2
Return of Products After Rejection Period. After the Rejection Period, EndoSonics' Standard Limited Warranty shall be applied. For sterilized and sealed IVUS Products such as catheters, however, EndoSonics shall replace those IVUS Products found defective with new IVUS Products if such defects should be found within fifteen (15) months of shipment of such IVUS Products to Fukuda if a notice with the details of such defects is given by Fukuda to EndoSonics within a reasonable period after Fukuda or the user has discovered defects or ought to have discovered them. If EndoSonics tests and inspects these returned IVUS Products and determines that such IVUS Products perform according to EndoSonics written specifications, no credit will be given to Fukuda. If upon such test and inspections, such returned IVUS Products do not perform to EndoSonics' written specification, these IVUS Products will be replaced at no cost to Fukuda except in the case that EndoSonics proves that such defect was caused after the F.O.B. point of shipment by EndoSonics to Fukuda.
Sample 1
Return of Products After Rejection Period. Unless a Product is ----------------------------------------- returned in accordance with the provisions of Manufacturer's warranty for the Product described in Section 5 below, after the Rejection Period, Company may not return a Product to Manufacturer for any reason without Manufacturer's prior written consent. For any Product for which Manufacturer gives such consent, Manufacturer shall credit the purchase price to Company's account. Company shall be responsible for all shipping charges.
Sample 1
Return of Products After Rejection Period. After the Rejection Period, VAR may not return a Product to Viator for any reason without Viator's prior written consent. For any Product for which Viator gives such consent, Viator may charge VAR a restocking fee equal to ten percent (10%) of VAR's Purchase Price for that Product and shall credit the balance of the Purchase Price to VAR's account. VAR shall be responsible for all shipping charges.
Sample 1
Return of Products After Rejection Period. After the Rejection Period, Volcano’s Standard Limited Warranty shall be applied. For sterilized and sealed Volcano Products such as catheters, however, Volcano shall replace those Volcano Products found defective with new Volcano Products if such defects should be found within fifteen (15) months of shipment of such Volcano Products to Fukuda if a notice with the details of such defects is given by Fukuda to Volcano within a reasonable period after Fukuda or the user has discovered defects or ought to have discovered them. If Volcano tests and inspects these returned Volcano Products and determines that such Volcano Products perform according to Volcano written specifications, no credit will be given to Fukuda. If upon such test and inspections, such returned Volcano Products do not perform to Volcano’s written specification, these Volcano Products will be replaced at no cost to Fukuda except in the case that Volcano proves that such defect was caused after the FCA (INCOTERMS 2000) point of shipment by Volcano to Fukuda.
Sample 1
Return of Products After Rejection Period. After the Rejection Period, Volcano’s Standard Limited Warranty shall be applied. For sterilized and sealed Volcano Products such as catheters, however, Volcano shall replace those Volcano Products found defective with new Volcano Products if such defects should be found until the date the expiration of the shelf life of such Volcano Products to Fukuda if a notice with the details of such defects is given by Fukuda to Volcano Japan within a reasonable period after Fukuda or the user has discovered defects or ought to have discovered them. If Volcano tests and inspects these returned Volcano Products and determines that such Volcano Products perform according to Volcano’s written specifications, no credit will be given to Fukuda. If upon such test and inspections, such returned Volcano Products do not perform to Volcano’s written specification, these Volcano Products will be replaced at no cost to Fukuda except in the case that Volcano proves that such defect was caused after the shipment to Fukuda by Volcano Japan.
Sample 1
AutoNDA by SimpleDocs

Related to Return of Products After Rejection Period

  • Return of Materials at Termination In the event of any termination or cessation of his employment with Employer for any reason, Employee shall promptly deliver to Employer all documents, data and other information derived from or otherwise pertaining to Confidential Information. Employee shall not take or retain any documents or other information, or any reproduction or excerpt thereof, containing any Confidential Information.

  • Development Milestone Payments In partial consideration for the rights and licenses granted to Coya hereunder, within ten days after the first achievement of each milestone event in a given Indication set forth in this Section 5.2 (Development Milestone Payments) with respect to a Product (each, a “Development Milestone Event”) by or on behalf of Coya or any of its Affiliates or Sublicensees, Coya shall provide ARScience Bio written notice to ARScience Bio identifying the Development Milestone Event achieved. Upon receipt of any such notice of first achievement of a Development Milestone Event by Coya or its Affiliates or Sublicensees, ARScience Bio will promptly invoice Coya for the applicable Development Milestone Event and Coya will make a milestone payment to ARScience Bio in the amount set forth in this Section 5.2 (Development Milestone Payments) corresponding to such Development Milestone Event (each, a “Development Milestone Payment”) within 45 days of receipt of such invoice. On an Indication-by-Indication basis, each Development Milestone Payment shall be payable only upon the first achievement of the corresponding Development Milestone Event by a Product, in any given Indication for which the Development Milestone Events have not been previously achieved (each such Indication, a “New Indication”). No amounts shall be due for subsequent or repeated achievements of such Development Milestone Event with respect to the same or different Mono Product or Combination Product, as applicable, in such Indication. Accordingly and for clarity, the Development Milestone Payment shall be paid only once, when first achieved by Coya, an Affiliate or a Sublicensee, but no payment shall be due if the same milestone is subsequently achieved by one of Coya, an Affiliate or a Sublicensee. For clarity, the amounts owed in Column (a) below shall be due for the first Combination Product to achieve the Development Milestone Events in a New Indication and the amounts owned in Column (c) below shall be due for the first Mono Product to achieve the Development Milestone Events in a New Indication. Any Combination Product or Mono Product to achieve the Development Milestone Events in a New Indication after the first achievement of the Development Milestone Events as described in the foregoing sentence will cause the amounts in Column (b) with respect to a Combination Product and Column (d) with respect to a Mono Product to be due and payable by Coya upon each such occurrence. If the first Product to achieve a Development Milestone Event in any Indication is a Combination Product, the amounts in Column (a) below shall be due and payable by Coya. If the next Product to achieve a Development Milestone Event in a New Indication is a Mono Product, the amounts in Column (c) below would be due and payable by Coya; provided, that if such next Product to achieve a Development Milestone Event in a New Indication is a Combination Product, the amounts in Column (b) would be due and payable by Coya. By way of example, if a Combination Product achieves IND Acceptance in ALS, and is the first Product to achieve a Development Milestone Event under this Agreement, [***] will be due and payable by Coya. If subsequently a Mono Product achieves IND Acceptance in ALS, no Development Milestone Payments will be due and payable by Coya under this Agreement. However, if subsequently any Combination Product achieves IND Acceptance in Alzheimer’s disease, [***] would be due and payable by Coya.

  • Return of Materials Upon termination or expiration of the Agreement, or upon written request of the Company, the Recipient shall promptly return to the Company all documents and other tangible materials representing the Company’s Confidential Information and all copies thereof. The Company shall notify immediately the Recipient upon discovery of any loss or unauthorized disclosure of the Confidential Information.

  • Product Recalls The Company is not aware of any pattern or series of claims against the Company or any of its subsidiaries which reasonably could be expected to result in a generalized product recall relating to products sold by the Company or any of its subsidiaries, regardless of whether such product recall is formal, informal, voluntary or involuntary.

  • Product Recall (a) If a recall is required by applicable Law, or if Buyer or Supplier reasonably determines that a recall is advisable because the goods may create a potential safety hazard, are not in compliance with any applicable code, standard or legal requirement, or contain a defect or non-conformance with the requirements of this Order occurring or likely to occur in multiple goods, which such defects or non-conformances are substantially similar or have substantially similar causes or effects (collectively a “Serial Defect”), the parties shall promptly communicate such facts to each other. At Buyer’s request, Supplier shall promptly develop a corrective action plan satisfactory to Buyer, which shall include all actions required to recall and/or repair the goods and any actions required by applicable Law (“Corrective Action Plan”) for Buyer’s review and approval. At Buyer’s election, Xxxxx may develop the Corrective Action Plan. In no event shall Buyer and Supplier’s failure to agree on the Corrective Action Plan delay the timely notification of a potential safety hazard, non-compliance or Serial Defect to users of the goods, cause either party to be non-compliant with applicable Law or prevent Buyer from taking reasonable actions to prevent injury or damage to persons, equipment or other property. Supplier and Buyer shall cooperate with and assist each other in any corrective actions and/or filings, if applicable.

  • Commercial Milestone Payments For each Licensed Product, Licensee shall pay Arvinas the following one-time milestone event payments when the aggregate Net Sales of such Licensed Product in one or more particular country(ies) for a given calendar year (“Annual Net Sales”), where such Licensed Product is a Valid Claim Licensed Product at the time of sale in each of such country(ies), first achieves the corresponding threshold as set forth in this Section 6.3.2 below, subject to the terms of this Section 6.3 and the payment provisions in Article 7 below: Commercial Milestone Event Milestone Event Payment (US$)

  • Return of Material Upon the termination of the Executive's employment under this Agreement, the Executive will promptly return to the Company all copies of information protected by Paragraph 11(a) hereof which are in his possession, custody or control, whether prepared by him or others, and the Executive agrees that he shall not retain any of same.

Time is Money Join Law Insider Premium to draft better contracts faster.