Defective Returns definition

Defective Returns means any returns from Customers in accordance with their defective return policy.
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Defective Returns. On a quarterly basis Mastiff will exchange merchandise found to be defective by Mad Catz and Mastiff with new, identical merchandise. Under absolutely no circumstances, except those listed below under Catastrophic Manufacturing Failure, will Mastiff be required to refund to Mad Catz any monies received for merchandise found to be defective. [*] CERTAIN MATERIAL (INDICATED BY AN ASTERISK) HAS BEEN OMITTED FROM THIS DOCUMENT PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. • Catastrophic Manufacturing Failure: Should [***] or more of merchandise be found to be defective by Mad Catz and Mastiff then Mastiff will fully refund the purchase price actually paid to Mastiff by Mad Catz for such defective merchandise. • Mastiff is free to resell or otherwise dispose of any merchandise returned to it as defective through any channel it may choose, except that Mastiff shall not sell such defective Products to Mad Catz’ customers who have previously purchased the Products without first obtaining Mad Catz written permission. It will, however, give Mad Catz rights of first refusal to purchase returned software for resale as used.
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Defective Returns. Please follow the procedure listed below: . 100% with MD approval. . Freight F.O.B. origin. . Returns must be received within 60 days of RA authorization.
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Examples of Defective Returns in a sentence

  • In the event of any conflict, the provisions of the Defective Returns Allowance Agreement shall control.

  • BUYER at its option may require MANUFACTURER to execute and comply with BUYER’s Defective Returns Allowance Agreement.

  • HP shall not be obligated to provide credit, but will honor the Product warranty, to Reseller for HP PC Product Defective Returns (combined with HP PC Product Customer Satisfaction Returns) exceeding the Returns Cap.

  • Customer Satisfaction Returns, combined with Defective Returns, may not exceed the aggregate Return Cap of three percent (3%) of the HP shipments to Direct Reseller during the previous Quarter.

  • In the event the delivery is rejected because the customer alleges such Goods are defective, then the provisions of Section 10 (Defective Returns) shall apply.

  • Defective Returns are not included in the Returns Percentages in Section 12.

  • Defective Returns are not included in the Returns Percentages in Paragraph 12.