Common use of ACCEPTANCE OF MERCHANDISE Clause in Contracts

ACCEPTANCE OF MERCHANDISE. No merchandise shall be deemed accepted by the Authority until it has actually been inspected and found satisfactory by the Authority, regardless of the length of time that may elapse between delivery of the merchandise and its inspection, and regardless of whether or not payment for the merchandise may have been made before such inspection. In the event that the Authority determines that delivered merchandise is unsatisfactory, the Authority will provide written notice to the Vendor that such merchandise has been rejected as unacceptable. Upon notification of rejection, merchandise shall be immediately removed by the Vendor and, at the Authority's discretion, replaced with acceptable merchandise. If left longer than 30 days, merchandise will be regarded as abandoned and the Authority shall have the right to dispose of it as its own property and charge the Vendor for the costs associated with such disposal. Nothing herein contained shall limit any other right or remedy of the Authority with respect to merchandise not in accordance with the PO or BOA. The Vendor will allow the Authority to return merchandise for credit or cash reimbursement at the Authority's discretion provided that 1) the merchandise is returned in saleable condition and 2) the merchandise is not considered to be obsolete and not sellable.