Common use of Returned Goods Clause in Contracts

Returned Goods. All obligations with respect to the Business of Seller (or its applicable subsidiaries) for replacement of, or refund for, damaged, defective or returned goods, except Retained Returned Goods (as defined in Section 1(d)(x));

Appears in 4 contracts

Sources: Agreement of Purchase and Sale (Bell Industries Inc /New/), Agreement of Purchase and Sale (Arrow Electronics Inc), Purchase Agreement (Arrow Electronics Inc)

Returned Goods. All obligations with respect to the Business of Seller (or its applicable subsidiaries) for replacement of, or refund for, damaged, defective or returned goods, except Retained Returned Goods (as defined in Section 1(d)(x));to the extent such goods were sold under a contract duly and fully performed by Seller and customer; and

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (MFC Development Corp)

Returned Goods. All obligations with respect to the Business of Seller (for repair or its applicable subsidiaries) for replacement of, or refund for, damaged, defective or returned goods, except Retained goods sold by Sellers prior to the Closing Date (the "Returned Goods (as defined in Section 1(d)(xGoods"));; and

Appears in 1 contract

Sources: Purchase Agreement (Arrow Electronics Inc)