Returnable terms Clause Samples

Returnable terms. Sa Sa may return the Products to the Supplier in any of the following cases: ● at any time unconditionally as per mutually agreed from time to time; ● if the Products are defective or damaged; ● if the Products do not comply with any of the terms, representations and warranties set out herein; ● if the Products are slow moving, and for the purpose of this clause, slow moving products are Products that remained unsold 52 weeks after delivery by the Supplier; or ● if the Products have a remaining shelf life of less than 6 months. In the event Sa Sa exercises the right to return any of the Products, the Supplier shall, within 21 days from the date of receipt of the written notice from Sa Sa collect the Products to be returned as specified in the written notice, failing which Sa Sa shall be entitled to charge a storage fee for each uncollected item based on 3% of the RTV value per day, from the date the Products ought to have been collected to the date of actual collection. Any Products not collected within 45 days may be disposed of by Sa Sa. Regardless of whether the Products are actually collected by the Supplier, the Supplier shall, within 14 days from the date of receipt of Sa Sa’s written notice of the Products to be returned, replace the Products, refund the price, or, if agreed by Sa Sa, provide a credit note for the price to Sa Sa. All monies payable by the Supplier under this clause shall be deemed a debt owed by the Supplier to Sa Sa and Sa Sa shall be entitled to set off any liability of the Supplier to Sa Sa against any liability of Sa Sa to the Supplier. This Agreement is subject to the Terms and Conditions for Supply of Goods to Hong Kong Sa Sa (M) Sdn Bhd set out on the overleaf page(s). D▇▇▇ authorized and signed for and on behalf of EMP Solution Sdn. Bhd. D▇▇▇ authorized and signed for and on behalf of Hong Kong Sa Sa (M) Sdn Bhd Name: Y▇▇▇ ▇▇▇▇▇▇▇ Position: Director Date: June 28, 2023 Name: L▇▇▇ ▇▇▇▇ Position: General Manager Date: