Resignation Returns Sample Clauses

Resignation Returns. ‌ If a distributor wishes to return product purchased for personal use, inventory purposes or sales aids while the Distributor Agreement was in effect, all product in CURRENT, REUSABLE AND RESALABLE condition which has been purchased within twelve (12) months shall be repurchased subject to compliance with the Seventy Percent Rule (see Section 8.5) . The purchase shall be at a price of not less than ninety percent (90%) of the original net cost to the distributor minus any freight charges and commissions paid to the distributor. Any such requests will be considered a resignation of the distributorship. All international returns must be made within ninety (90) days from the date of purchase and are subject to all other guidelines stated herein. In the event that inventory is returned that does not meet the above conditions for return, such merchandise will be held for a period of thirty (30) days during which time the distributor has the right to request return of those items. Distributors will pay for all shipping charges. Should this request not be received by the customer service department in the time period noted above, BF International reserves the right to destroy such inventory without further compensation to that distributor. ** Where a state or international law is inconsistent with the terms of these Policies, the state or international law will control.**
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Resignation Returns. If the Member has purchased products for inventory purposes or sales aids while the Agreement was in effect, all product in a CURRENTLY MARKETABLE, REUSABLE AND RESALABLE condition which has been purchased within thirty (30) days prior to the date of termination of the Agreement** shall be repurchased by Velovita subject to compli- ance with the Seventy Percent Rule (see 5.5.5). The repurchase shall be at a price of not less than 80% (eighty percent) of the original net cost to Member minus any commis- sions previously paid to the Member in respect of such repurchased product. OPENED products shall not be repurchased. For international markets, any costs, if any, associated with duties, shipping & handling will not be refunded or reimbursed. Note: Can only offset commissions earned as a result of the product return. Any such requests will be considered a resignation of the Membership. In the event that inventory is returned that does not meet the above conditions for re- turn, such merchandise will be held for a period of thirty (30) days during which time the Member has the right to request return of those items. Members will pay for all shipping charges incurred in respect of any such requested return. Should this request not be received by the Support Department of Velovita in the time period noted above, Velo- vita reserves the right to destroy such inventory without further compensation to that Member. In order to ensure that a refund is issued in a timely manner, the following steps should be followed:
Resignation Returns. If the Ambassador has purchased products and chooses to resign in first 30 days of start, all product in CURRENTLY MARKETABLE, REUSABLE, UNOPENED AND RESALABLE condition which have been purchased within thirty (30) days shall be repurchased subject to compliance with the Seventy Percent Rule (see section 6.5 Purchase and Sale of Products). The repurchase shall be at a price of not less than 90% (ninety percent) of the original net cost to the participant minus any freight charges and commissions paid to the Sponsor. Note: Can only offset commissions earned as a result of the product return. Any such requests will be considered a resignation of the ambassador. In order to ensure that a refund is issued in a timely manner, the following steps should be followed:
Resignation Returns. If a distributor wishes to return product purchased for personal use, inventory purposes or sales aids while the Distributor Agreement was in effect, all product in CURRENT, REUSABLE AND RESALABLE condition which has been purchased within twelve (12) months shall be repurchased subject to compliance with the Seventy Percent Rule (see Section 8.5) . The purchase shall be at a price of not less than ninety percent (90%) of the original net cost to the distributor minus any freight charges and commissions paid to the distributor. Any such requests will be considered a resignation of the distributorship. All international returns must be made within ninety (90) days from the date of purchase and are subject to all other guidelines stated herein. In the event that inventory is returned that does not meet the above conditions for return, such merchandise will be held for a period of thirty (30) days during which time the distributor has the right to request return of those items. Distributors will pay for all shipping charges. Should this request not be received by the customer service department in the time period noted above, OLYLIFE reserves the right to destroy such inventory without further compensation to that distributor. ** Where a state or international law is inconsistent with the terms of these Policies, the state or international law will control.** In order to ensure that a distributor refund is issued in a timely manner, the following steps should be followed: 1. A written request must be submitted, either by fax, postal delivery or email to OLYLIFE customer service, clearly citing the reason for the resignation and for the return of product and/or sales materials. 2. Upon receipt of the proper information, OLYLIFE will instruct the distributor where to ship the products along with the RMA (Return Merchandise Authorization) number, which must be clearly visible on the exterior of all packages. Any return without this information on the outside of the package will be refused without exception. XXXXXXX will issue the refund within approximately thirty (30) days from the date of receipt of the authorized merchandise.

Related to Resignation Returns

  • Tax Returns Except as set forth on Schedule 3.13:

  • Tax Returns and Payments Each of the Company and each of its Subsidiaries has timely filed all tax returns (federal, state and local) required to be filed by it. All taxes shown to be due and payable on such returns, any assessments imposed, and all other taxes due and payable by the Company or any of its Subsidiaries on or before the Closing, have been paid or will be paid prior to the time they become delinquent. Except as set forth on Schedule 4.13, neither the Company nor any of its Subsidiaries has been advised:

  • Returns Provided no Event of Default has occurred and is continuing, if any Account Debtor returns any Inventory to Borrower, Borrower shall promptly (i) determine the reason for such return, (ii) issue a credit memorandum to the Account Debtor in the appropriate amount, and (iii) provide a copy of such credit memorandum to Bank, upon request from Bank. In the event any attempted return occurs after the occurrence and during the continuance of any Event of Default, Borrower shall hold the returned Inventory in trust for Bank, and immediately notify Bank of the return of the Inventory.

  • Franchise Tax Board Review (a) In addition to the reporting requirements in section 6, Taxpayer agrees to comply with the FTB’s review of the books and records for purposes of determining if Taxpayer has complied with the requirements of this Agreement.

  • Repatriation of Investment and Returns (1) Each Contracting Party shall permit all funds of an investor of the other Contracting Party related to an investment in its territory to be freely transferred, without unreasonable delay and on a nondiscriminatory basis. Such funds may include:

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