RETURN OF GOODS definition

RETURN OF GOODS. When responsibility for the return lies with the Buyer, e.g. ordered in error, excess stock, discontinuance of product use, change in product specifications, etc. and unrelated to any Seller performance, and the return is authorized by Seller, credit will be issued after receipt and approval of the quality of the goods, less a restocking charge of 25% or at Seller’s discretion. Should Buyer be in default in payment of any accounts with Seller, Seller is entitled, at its option, to apply Buyer’s credit or refund to reduce the balance of those accounts. Products returned requiring reconditioning expense will be assessed to the Buyer's account. Buyer must return product within six (6) months of delivery. Where responsibility for the return is determined to be with Seller, e.g. product did not meet specifications, wrong goods shipped, etc.; credit will be issued upon receipt, inspection and approval for credit by Seller. Returned goods shall be protected from damage while in Buyer's possession. Except for will call sales, transportation in both directions is at Seller's expense. Under all circumstances return may be made only with Seller's approval and all returns must be made immediately after Seller's authorization.
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Examples of RETURN OF GOODS in a sentence

  • RETURN OF GOODS The contract does not relate to the sale of goods so this provision is not applicable.

  • RETURN OF GOODS The contract does not relate to the sale of goods, so this provision is not applicable.

  • TO THE EXTENT PERMITTED BY LAW, THE EXCLUSIVE REMEDY OF THE USER OR BUYER, AND THE LIMIT OF SELLER'S LIABILITY FOR ANY AND ALL LOSSES, INJURIES, OR DAMAGES CONCERNING THE GOODS (INCLUDING CLAIMS BASED ON CONTRACT, NEGLIGENCE, TORT, STRICT LIABILITY OR OTHERWISE) SHALL BE THE RETURN OF GOODS TO SELLER AND THE REFUND OF THE PURCHASE PRICE, OR, AT THE OPTION OF SELLER, THE REPAIR OR REPLACEMENT OF THE GOODS.

  • RETURN OF GOODS: When responsibility for the return lies with the Buyer, e.g. ordered in error, excess stock, discontinuance of product use, change in product specifications, etc.

  • A PICTURE OF MATTRESS DEFECT & LCI PRODUCT LABEL MAY BE SUFFICIENT IN LIEU OF PHYSICAL RETURN OF GOODS.

  • RETURN OF GOODS In accordance with Law the Consumer has the right to withdraw from the contract within 14 days of receipt of the goods.

  • RETURN OF GOODS AND MATERIALS In no circumstances may goods or materials supplied against the Customer's Order be returned without the prior written consent of the relevant authorized officer following receipt of the Customer's Advice Note within 7 days from the date of delivery stating the reason for the proposed return quoting the Company's Invoice Number - time to be of the essence in this respect.