Common use of Disputes and Claims Clause in Contracts

Disputes and Claims. In the case of a complaint concerning grade, tally or manufacture of the Products, the Purchaser will be deemed to have accepted the Products unless it provides WFP with written notice of any such claim within 5 business days after delivery to the Purchaser of the Products. In the event the Purchaser makes a claim in accordance with this Section, the Purchaser will make the shipment available for re-inspection by the Seller and the NLGA in accordance with the re-inspection rules of the NLGA. If any valid claims are found, WFP will, at WFP’s sole discretion: (i) furnish replacement Products to the Purchaser; or (ii) adjust the purchase price of the Products accordingly. The Purchaser acknowledges and agrees that the remedies set forth in this Section are the Purchaser’s exclusive remedies for a valid claim.