Returned Goods definition
Returned Goods means all right, title and interest in and to returned, repossessed or foreclosed goods and/or merchandise the sale of which gave rise to a Receivable; provided that such goods shall no longer constitute Returned Goods after a Deemed Collection has been deposited in a Collection Account with respect to the full Outstanding Balance of the related Receivables.
Returned Goods. Any goods relating to a Transaction or Debt and which a Customer rejects or returns or indicates a wish to do so or which You or We recover from a Customer;
Returned Goods means, with respect to any Receivable, all right, title and interest of any Originator, the Borrower, the Administrative Agent or the Lenders, as applicable, in and to returned, repossessed or foreclosed goods and/or merchandise, the sale of which gave rise to such Receivable.
Examples of Returned Goods in a sentence
Risk in the Returned Goods passes to you on our return delivery (whether arranged by us or you).
Returns will not be accepted without prior written approval by ▇▇▇▇ ▇▇▇ and without a Returned Goods Authorization Number issued by ▇▇▇▇ ▇▇▇’ Customer Service Department.
More Definitions of Returned Goods
Returned Goods has the meaning given under Clause 32.8 of Schedule 1;
Returned Goods means all right, title and interest of the SPV in and to returned, repossessed or foreclosed goods and/or merchandise the sale of which gave rise to a Receivable.
Returned Goods means all right, title and interest of WESCO or any Originator, the Receivables Seller, the Receivables Agent or any Receivables Purchaser, as applicable, in and to returned, repossessed or foreclosed goods and/or merchandise the sale of which gave rise to a Receivable.
Returned Goods. ’ means goods that a buyer returns to a retailer upon the parties’ can- cellation of the original sales contract when the retailer either credits or refunds the full selling price of the goods and associated sales tax to the buyer. Returned goods shall not include goods ac- cepted in trade or barter, goods repossessed or recaptured by legal process, and goods secured pursuant to the consumer’s abandonment of the sales contract or other voluntary surrender.
Returned Goods. Any Goods relating to or purporting to comply with a Sale Contract which any Customer shall for any reason:
Returned Goods. Any goods relating to a Contract of Sale giving rise to a Debt which a Customer shall reject or return or intimate a wish to do so or which you or we "Sales Ledger Control Account" An account recording the Notified Value of
Returned Goods means Products relating to any Purchased Receivables and returned to or recovered by the Supplier or IBM GF (i) in accordance with the return of Product terms set forth in the Supplier Terms and Conditions, (ii) in accordance with Supplier’s excess inventory or stock rotation programs as set forth in any applicable Master Purchase Agreement, (iii) as a result of any Non-Credit Dispute, or on the Insolvency of a Buyer.