Damaged Goods definition

Damaged Goods means Goods which suffer Damage;
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Damaged Goods shall have the meaning ascribed to that term in the Inventory Instructions.
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Damaged Goods means those Goods warehoused at the Facility, on the Determination Date or at the time of a subsequent Physical Inventory performed by SCS, that are destroyed or damaged due to SCS's negligence such that they cannot be sold.
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Examples of Damaged Goods in a sentence

  • However, to the maximum extent permitted by law, Employee is waiving her right to receive any individual monetary relief from Company or any of the Released Parties resulting from such claims or conduct, regardless of whether Employee or another party has filed them, and in the event Employee obtains such monetary relief, Company will be entitled to an offset for the payments made pursuant to this Agreement and Release.

  • Damaged Goods will be returned to Supplier at Supplier’s expense.

  • In determining whether to reduce the lending formula(s), Agent may consider events, conditions, contingencies or risks which are also considered in determining Eligible Sell-Off Vendors Receivables, Eligible Damaged Goods Vendors Receivables, Eligible Credit Card Receivables, Eligible Inventory or in establishing Reserves.

  • The Buyer shall allow the Company to inspect such allegedly Damaged Goods.

  • In the event that Purchaser shall reasonably determine that any items returned are broken, damaged or unable to be sold as new (such items “Damaged Goods”), Seller shall indemnify Purchaser for the Full Retail Cost of such items and upon return of any Damaged Goods to Purchaser, Purchaser shall deliver the Damaged Goods to Seller at Seller’s expense.

  • All such damaged Goods with respect to which the Buyer has complied in all respects with this paragraph shall be deemed as Notified Damaged Goods.

  • These incidents must be dealt with in accordance with the Company’s Damaged Goods Procedure and reported to the immediate Supervisor or Manager.

  • Notwithstanding any of the foregoing, Inventoried Goods that are Damaged Goods shall be physically segregated by the Debtors prior to or during the Inventory Period and shall be valued at a Retail Price acceptable to the Debtors and JNA.

  • The Freight & Insurance for the return of Damaged Goods will be borne by the Retailer.

  • Damaged Goods (an Inventory Reserve): An amount equal to 100% of the return to vendors Inventory as reflected in the Borrowers' books and records.


More Definitions of Damaged Goods

Damaged Goods shall have the meaning set forth in Section 2.1(d)(i).
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Damaged Goods means Stock that is past or within six months of its expiration date or Stock which does not conform to any relevant specification as determined in accordance with Clause 8.1 of this Agreement;
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Related to Damaged Goods

  • Finished Goods means units of a manufactured product awaiting sale.

  • Nonconforming Goods means only the following: (i) product shipped is different than identified in Buyer's purchase order; or (ii) product's label or packaging incorrectly identifies its contents.

  • Consumable means any component of a good that is used up recurrently and needs to be replaced for the good to function as intended;

  • Counterfeit Goods means Goods that are or contain unlawful or unauthorized reproductions, substitutions, or alterations that have been knowingly mismarked, misidentified, or otherwise misrepresented to be an authentic, unmodified part from the original manufacturer, or a source with the express written authority of the original manufacturer or current design activity, including an authorized aftermarket manufacturer. Unlawful or unauthorized substitution includes used Goods represented as new, or the false identification of grade, serial number, lot number, date code, or performance characteristics.

  • Household goods means personal effects and property used or to be used in a dwelling when a part of the equipment or supply of that dwelling. Household goods do not include property moving from a factory or store, unless the property was purchased by the householder with intent to use the property in his or her dwelling, the property is transported at the request of the householder, and the householder pays the carrier's transportation charges either directly or indirectly.