Common use of Credit Balance Clause in Contracts

Credit Balance. Any credit issued, or credit balance, will be applied within one (1) year of its issuance. Credits can be applied against merchandise purchases only, no cash refunds. If not applied within one (1) year, the credit balance remaining shall be cancelled, and Seller shall have no further liability.

Appears in 2 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale

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Credit Balance. Any credit issued, or credit balance, will be applied within one (1) year of its issuance. Credits can be applied against merchandise purchases only, no cash refunds. If not applied within one (1) year, the credit balance remaining shall be cancelled, and Seller Xxxxxx shall have no further liability.

Appears in 2 contracts

Samples: Customer Terms and Conditions of Sale, Customer Terms and Conditions of Sale

Credit Balance. Any credit issued, or credit balance, will be applied within one (1) year of its issuance. Credits can be applied against merchandise purchases only, no cash refunds. If not applied within one (1) year, the credit balance remaining shall be cancelled, and Seller RPM shall have no further liability.

Appears in 2 contracts

Samples: Customer Terms and Conditions of Sale, Customer Terms and Conditions of Sale

Credit Balance. Any credit issued, or credit balance, will be applied within one (1) year of its issuance. Credits can be applied against merchandise purchases only, no cash refunds. If not applied within one (1) year, the credit balance remaining shall be cancelled, and Seller Fluid Control Products shall have no further liability.

Appears in 1 contract

Samples: Customer Terms and Conditions of Sale

Credit Balance. Any credit issued, or credit balance, will be applied within one (1) year of its issuance. Credits can be applied against merchandise purchases only, no cash refunds. If not applied within one (1) year, the credit balance remaining shall be cancelled, and Seller Standard Bearings shall have no further liability.

Appears in 1 contract

Samples: Customer Terms and Conditions of Sale

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Credit Balance. Any credit issued, or credit balance, will be applied within one (1) year of its issuance. Credits can be applied against merchandise purchases only, no cash refunds. If not applied within one (1) year, the credit balance remaining shall be cancelled, and Seller Xxxxxx Company shall have no further liability.

Appears in 1 contract

Samples: Customer Terms and Conditions of Sale

Credit Balance. Any credit issued, or credit balance, will be applied within one (1) year of its issuance. Credits can be applied against merchandise purchases only, no cash refunds. If not applied within one (1) year, the credit balance remaining shall be cancelled, and Seller XXXXXX RUBBER shall have no further liability.

Appears in 1 contract

Samples: Customer Terms and Conditions of Sale

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