Unsalable definition
Examples of Unsalable in a sentence
The Swell Allowance percentage must be adequate to cover all Unsalable Merchandise.
We are responsible for transportation charges we authorize for the return of Unsalable Programs.
If the actual value of Unsalable Merchandise at cost exceeds the Swell Allowance, Company reserves the right to charge Supplier the difference.
Company will manage Unsalable Merchandise as follows: SWELL ALLOWANCE Supplier has given a Swell Invoice Allowance shown in “Standard Purchase Order Allowances” which will be deducted from each invoice before payment is made for Merchandise.
Unsalable Merchandise will be handled by Company by recycling, disposal, salvage, or donation.
All Mortgage Loans that are not Unsalable Loans shall have a Loan File and Credit File that are complete in all material respects, consistent with Industry Practice.
Supplier will give the Swell Allowance in lieu of actual Unsalable Merchandise deductions being processed at store level.
The Legal File Exceptions that cause such reclassification of a Mortgage Loan are specified in Schedule 2 and are referred to herein as "Unsalable Exceptions".
With respect to Unsalable Loans with Enforceability Exceptions and Non-Performing Loans with Enforceability Exceptions, Seller shall indemnify Purchaser with respect to such Enforceability Exceptions in accordance with Section 5.4.
On any Business Day after the Reinvestment Period, the Collateral Manager on behalf of the Issuer, in its sole discretion, may provide written direction to the Trustee to conduct an auction on behalf of the Issuer of Unsalable Assets in accordance with the procedures described in this clause (i).