Buy Back Policy Sample Clauses

Buy Back Policy. You may require Buy-Back of Products bought by you within one year of the date of such request at any time during the subsistence of the Associate Agreement. The Buy-Back will be made under the terms set out in 2.10.2 below. If you resign your membership at any time after the expiration of the 14-day cancellation period under the preceding Section 2.9, and upon your request, we will repurchase all Products from you in accordance with this Buy-Back Policy, subject to the following conditions: 2.10.1 Products (including training and promotional materials, business manuals and kits) purchased by you within 90 days of the date of termination. We will reimburse to you the full VAT-inclusive price paid by you for those Products less a reasonable handling fee. We may further withhold an amount equal to the diminution of the value of the Products resulting from your improper handling of the Products. 2.10.2 Products bought within 12 months of the date of termination. In this case reimbursement will be made at a price not less than 90 percent, of the VAT-inclusive price paid by you for those Products less an amount equal to: (i) any commissions, bonuses or other benefits (in cash or in kind) received by you in respect of those Products; (ii) any amounts due from you to us on any account; and (iii) a reasonable handling charge. All Products must be unused and in a commercially resalable condition. You must return all Products to us within 14 days of the termination. All bonuses, compensation, BV/PV, and recognition or advancement received as a result of the original purchases will be reversed and deducted from the refund and/or the respective Sponsor’s compensation. Please notify your Sponsor of your intention to terminate your membership. If eligible for a refund, Isagenix will credit the original form of payment within 30 days of the Product being logged as returned by our distribution centre. Your account will be closed once the refund is issued. All returns must be made to the following address:
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Buy Back Policy. 6-1 Decho Bio practices Buy Back Policy to ensure maximum satisfaction of its Distributors. This policy allows every Distributor to return Products in its original condition and of merchantable quality. 6-2 Products in the “original condition and of merchantable quality” means the Products which are still in the market (the production has yet to stopped), with the price label still intact and clean, warranty card / paper if any, unopened box and in good condition and with at least 18 months product shelf life. 6-3 Decho Bio reserves the right to reject any returned Product that does not meet such requirements. 6-4 Products returned should be accompanied with the following documents: (a) relevant cash bills / invoices (only original copy is considered valid); (b) Delivery Order (c) Product Return Form 6-5 The Buy Back Policy is to seek to impose the responsibility to the sponsors to ensure their sponsored Distributors purchase products wisely. Distributors are advised not to purchase products more than they can be sold.
Buy Back Policy. The Bestway Future agrees to allow buyback / refund of goods within 30 days of purchase of product.
Buy Back Policy. 24.1 Gyankul practices Buy Back Policy to ensure maximum satisfaction to its end users/ consumers or Distributors. This policy allows every Distributor or consumer to return unsold GYANKUL Products in its original condition and of merchantable quality within 30 days from the date of purchase to the seller. Product in the “original condition and of merchantable quality” means the products which are still in the market (the production has not yet stopped), with the price label still intact and clean, unopened box and in good condition. Gyankul reserves the right to reject any returned Product that does not meet such specification or condition. The distributor must fill the distributor buy back forms and submit the same to any of the Gyankul offices or branches under acknowledgment. 24.2 Distributors on resignation/termination of distributorship are entitled to return all unsold products purchased by them during the preceding Six months prior to resignation as long as the said products are in sealed condition, merchantable quality and within reasonable shelf life, as determined by Gyankul. 24.3 Gyankul reserves the right to deduct any bonus paid on the product returned to it by its distributors to the extent it has been paid/enjoyed by the said Distributor who returns the products.Otherwise, the bonus paid on the returned products will also be recovered from the other distributors who have enjoyed the same. 24.4 Products returned should be accompanied with the following documents: (a) Relevant cash bills/invoices (only original copy is considered valid); (b) Filled in Buyback form 24.5 Gyankul will send the full refund against the product returned by a crossed cheque/ fund transfer to Bank Account subject to any deduction mentioned under Clause 24.3. The cheque /fund transfer will be made within Thirty (30) days from the returned date. 24.6 Distributors are advised not to over purchase. Purchase of Products should be made based on realistic estimation of the customer’s orders.
Buy Back Policy. The VCMT agrees to allow buyback / exchange of goods within 30 days of purchase / delivery of product as per the refund policies of the company.
Buy Back Policy. 12.1) Xxxxxx provides a Buy Back Policy to distributors who wish to terminate his/her distributorship and return any Xxxxxx’s products that is in good condition, useable, resalable, restockable, unopened, unaltered and the shelf-life of the good have not expired, which is purchased within the 30 days from the date of his resignation. 12.2) Upon approval, amount refunded will be equal to distributor cost of product being returned, less total bonus paid on the original purchase and less 10% service charge from distributor Price of the products toward the cost of handling charge and freight. This Buy Back Policy is designed to impose upon the sponsor and the company the obligation to ensure that the distributor is buying products wisely.
Buy Back Policy. If a CE chooses not to stay on with Trades of Hope as a CE, Trades of Hope will repurchase any marketable inventory and sales aids purchased within the past 12 months at 90 percent or more of the original cost. Marketable inventory is defined by Trades of Hope as product solely purchased within the CE store/catalog. The CE is required to mail the products back to the company and to notify customer service with a written request. Products need to be in the current catalog and sellable condition. Replicated website and Hope Marketing Portal charges are not included in this policy and will not be refunded. If you observe a violation of Trades of Hope Policies and Procedures by another Trades of Hope CE, please submit a report (electronic or written) to Trades of Hope Customer Service describing the circumstances, evidence and any other pertinent information. Your report to the Company will be held in the strictest confidence.
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Related to Buy Back Policy

  • Clawback Policy The Stock Units are subject to the terms of the Corporation’s recoupment, clawback or similar policy as it may be in effect from time to time, as well as any similar provisions of applicable law, any of which could in certain circumstances require repayment or forfeiture of the Stock Units or any shares of Common Stock or other cash or property received with respect to the Stock Units (including any value received from a disposition of the shares acquired upon payment of the Stock Units).

  • Board Policy This Agreement constitutes officially adopted Board policy for the term of said Agreement, and the Board and the Association shall carry out the commitments contained herein and give them full force and effect.

  • SPAM POLICY You are strictly prohibited from using the Website or any of the Company's Services for illegal spam activities, including gathering email addresses and personal information from others or sending any mass commercial emails.

  • R&W Policy (a) Purchaser has conditionally bound a representations and warranties insurance policy (the “R&W Policy”) pursuant to the binder agreement which was provided to Seller for review in advance of the Execution Date and which is attached hereto as Exhibit H (the “R&W Conditional Binder”). From and after the Execution Date, each Party shall use its commercially reasonable efforts to satisfy the conditions set forth in the R&W Conditional Binder as of the Closing Date. The R&W Policy shall contain: (i) a waiver of subrogation, contribution, or otherwise by the insurer in favor of the Seller Indemnified Parties, except against Seller or any “Seller” under the Other PSAs or with respect to such Seller’s or “Seller’s” (as applicable) actual and intentional fraud in the making of the representations and warranties set forth in Article 3 of this Agreement (or the corresponding article setting forth any “Seller’s” representations and warranties in any Other PSA, as applicable), it being understood that the fraud of one Seller or “Seller” (as applicable) shall not be imputed to any other Seller or “Seller” (as applicable); and (ii) a statement that each Seller Indemnified Party is an intended third party beneficiary of the foregoing subrogation limitation. (b) Seller and Purchaser shall each pay fifty percent (50%) of all costs of obtaining the R&W Policy, specifically the premium, surplus lines Taxes and fees, and any related broker compensation and underwriting fees; provided that Seller’s share of such costs shall be paid by Seller via the adjustment of the Cash Purchase Price pursuant to Section 2.3(n). (c) Purchaser agrees that after the Closing it will not agree to any amendment of the R&W Policy that would be expected to cause actual and material prejudice to Seller without Seller’s prior written consent. (d) Notwithstanding anything to the contrary in this Agreement, none of the Seller Indemnified Parties shall be entitled to any proceeds from the R&W Policy. Notwithstanding anything in this Section 5.18 or otherwise to the contrary, nothing herein shall be interpreted to limit Purchaser’s rights to make or pursue claims, or secure recovery under the R&W Policy, as Purchaser believes, in its sole discretion, to be in Purchaser’s interests.

  • Recoupment Policy Executive agrees that Executive will be subject to any compensation clawback or recoupment policies that may be applicable to Executive as an employee of the Company, as in effect from time to time and as approved by the Board or a duly authorized committee thereof, to comply with the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • EMPLOYMENT POLICY 5.01 The Union and the Employer will cooperate in maintaining a desirable and competent labour force. The Employer will notify the Union of manpower requirements giving as much prior notice as possible. The Union will provide a list of manpower available. The Employer at its discretion may hire employees so listed or from other sources. 5.02 The Employer has the right to hire new employees as needed, provided that no new employee(s) will be hired while there are qualified, available employees who are laid off due to lack of work. An employee hired for a specific project outside the free travel zone shall be deemed as a local hire and will not be entitled to paid travel time or related expenses while working on that project. 5.03 To assist in the efficient placement of appropriately skilled members it is agreed that the Employer will inform the Union Office of members who are laid off and when employees are hired whether from the Union list or from another source. Laid off members are also required to notify the Union of their status. 5.04 New employees shall serve a probationary period of ninety (90) calendar days (3 months). During the probationary period, the Employer may terminate a probationary employee at its sole discretion provided it is not motivated by bad faith. Probationary employees are covered by the Agreement, excepting those provisions which specifically exclude such employees. During probation, all terms and conditions of the Collective Agreement apply amended as follows: a. A probationary employee who is a licensed journeyman may be paid one dollar and fifty cents ($1.50) less than the journeyman rate during the probation unless the parties agree otherwise or where the employee is hired through the Union’s Employment Assistance Service. b. Probationary apprentices shall be paid a percentage of the journeyman probationary rate during probation unless the parties agree otherwise or where the employee is hired through the Union’s Employment Assistance Service. 5.05 The Employer may contract out electrical work provided it does not result in the layoff of electricians in the bargaining unit.

  • Investment Policy Investment objectives, policies and other restrictions for the management of the Investment Assets, including requirements as to diversification, are set forth in Exhibit A to this Agreement. The Sub-Advisor must discharge its duties hereunder in accordance with Exhibit A as revised or supplemented in separate written instructions provided from time to time by the Advisor or the Fund’s Board of Directors.

  • Payment Policy All Meal Plan charges are billed to the student’s OPUS account each semester. Meal plan costs for the Fall Semester are submitted to the Student Financial Services during August; Spring Semester meal plan costs are submitted during December. The Meal Plan contract remains in effect for the entire academic year and cancellation is not permitted. Departure from Emory: Unspent Xxxxxx Dollars will be credited back to the student’s OPUS account for all meal plans. Adjustments for the meals portion of meal plans is based on the duration or total weeks enrolled on the meal plan, not the actual meal plan usage. The credit for the meals portion of all meal plans will be calculated by first subtracting the value of the Xxxxxx Dollars originally included in the meal plan from the original cost of the meal plan to determine the value of the meals portion of the meal plan. Next, the value of the meals portion of the meal plan will be credited back to the student’s account based on the Adjustment Schedule. No credit will be issued after the tenth week of each semester. No credit will be issued to students suspended or dismissed for disciplinary reasons. If a student’s academic status changes, the student is responsible for notifying Campus Dining in Xxx Xxxx at 000-000-0000 or email xxxxxx@xxxxx.xxx. This policy shall be subject to amendment by the University during the term of this agreement without notice.

  • Compensation Recoupment Policy This Award shall be subject to any compensation recoupment policy of the Company that is applicable by its terms to you and to Awards of this type.

  • Employment Policies The employment relationship between the parties shall also be governed by the general employment policies and practices of the Company, including those relating to protection of confidential information and assignment of inventions, except that when the terms of this Agreement differ from or are in conflict with the Company’s general employment policies or practices, this Agreement shall control.

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