Common use of Order Processing and Returns Clause in Contracts

Order Processing and Returns. A. Manufacturer will employ its best efforts to fill Distributor's orders promptly on acceptance, but reserves the right to allot available inventories among distributors at its discretion. B. Except for Manufacturer's products that are defective at the time of sale to Distributor, Manufacturer shall not be obligated to accept any of Manufacturer's Products that are returned. In the event such returns are accepted, Manufacturer may impose a reasonable restocking charge. Commento [cg16]: Determination of the financial policy 11. FINANCIAL POLICIES. A. Maintain and employ in connection with Distributor's business and operations under this Agreement such working capital and net worth as may be required to enable Distributor properly and fully to carry out and perform all of Distributor's duties, obligations and responsibilities under this Agreement; B. Pay promptly all amounts due Manufacturer in accordance with terms of sale extended by Manufacturer from time to time;

Appears in 5 contracts

Samples: Exclusive Distributorship Agreement, Exclusive Distributorship Agreement, Exclusive Distributorship Agreement

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