Common use of Returns Provisions Clause in Contracts

Returns Provisions. (a) Products with newly issued part numbers and Products that are subject to a reliability campaign will be eligible for return after 24 months of part number change or campaign introduction if and only if (a) GE has determined Service Provider’s stocking level and DISTRIBUTION SERVICES AGREEMENT General Electric Company (b) remaining stock exceeds 24 month’s usage. If parts meet these requirements, Service Provider may return all remaining inventory. No restocking charges will apply to such returns.

Returns Provisions. (a) Products with newly issued part numbers and Products that are subject to a reliability campaign will be eligible for return after 24 months of part number change or campaign introduction if and only if (a) GE has determined Service Provider’s stocking level and DISTRIBUTION SERVICES AGREEMENT General Electric Company (b) remaining stock exceeds 24 month’s usage. If parts meet these requirements, Service Provider may return all remaining inventory. No restocking charges will apply to such returns.