Returned Product. Any defective Licensed Products that are returned to Licensee shall be replaced by WWI. The determination as to whether a particular Licensed Product is defective shall be made by WWI and Licensee. If any such defective items are no longer being sold by Licensee, WWI shall reimburse Licensee either in the form of cash or credit against amounts owed by Licensee to WWI for such defective items at Licensees cost therefore.
Appears in 3 contracts
Sources: License Agreement (Jakks Pacific Inc), License Agreement (Jakks Pacific Inc), License Agreement (Jakks Pacific Inc)