Restocking Charges Sample Clauses
The Restocking Charges clause defines the fees a buyer must pay when returning goods to the seller, typically to cover the costs associated with processing and reintegrating returned items into inventory. This clause usually specifies the percentage or flat fee applied to returns, and may outline conditions under which restocking charges apply, such as returns outside a certain time frame or for non-defective products. Its core function is to compensate the seller for administrative and handling expenses incurred due to returns, thereby discouraging unnecessary returns and ensuring cost recovery.
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Restocking Charges. Company shall not be responsible for restocking charges unless expressly agreed upon in writing prior to commencement of Services hereunder.
Restocking Charges. 21.1. The following Restocking Charges will apply for returned items:
21.1.1. Hardware: 25%
Restocking Charges. Except in cases of warranty claims and systems designated for trial by Customer, returned items may incur a minimum 20% restocking fee if returned in resalable condition. Resalable is defined as fully functional with no physical evidence of use. Restocking charges may vary depending on the quantity and specialty of the items being returned therefore SenSource must always be contacted prior to returning items. Address for Returned Merchandise: SenSource Returns, ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.
Restocking Charges. Return Works must be authorized in writing by ▇▇▇▇▇▇ and returned to a designated point of manufacture within the specified time. Return Works may be subject to restocking and freight charges.
Restocking Charges. All returned merchandise shall be shipped to Grundfos in Oakville; freight prepaid by the Buyer, and shall be subject to a minimum 30% restocking charge. The Buyer is also responsible for any additional charges deemed necessary by Grundfos in order to bring returned merchandise to a saleable condition. Obsolete or heavily damaged merchandise will not be accepted.
Restocking Charges. Return goods must be authorized by a ▇▇▇▇▇▇▇ employee and returned to a designated point of manufacture within the specified time. Return goods may be subject to restocking and freight charges.
Restocking Charges. Upon termination of this Agreement for any reason, Master Distributor agrees to pay to Company a restocking charge equal to twenty percent (20%) of the value of (i) any Product in Company's inventory that is packaged using Master Distributor's name or Marks, and (ii) any Product returned by Master Distributor under Section 9.4.b. In connection therewith, the Parties agree that the restocking charge described above (A) represents a sum reasonably calculated to cover the cost to Company of repackaging and restocking affected units of Product for sale by Company, and not a penalty or liquidated damages, (B) shall be based upon the actual cost to Master Distributor of Products as determined by the then current Price List, (C) shall be paid immediately upon calculation by Company and may be deducted by Company from and set off against any sums due to Master Distributor from Company under this Agreement, and (D) shall be due to Company in addition to any other sums, if any, due by Master Distributor to Company at the time such charge is assessed.
Restocking Charges. In no case are products to be returned to Seller for credit without prior notification to Seller, reasonable opportunity for Seller to inspect the same at the premises of Buyer and the receipt of written permission from Seller authorizing such return. Any products returned without prior authorization will remain the responsibility of Buyer, and Seller shall have no responsibility related thereto. Products accepted by Seller for credit shall be subject to a minimum service charge of 15%, plus all transportation charges that are borne by Seller. All products must be securely packed to reach Seller without damage. Any cost incurred by Seller to restore such products to marketable and as new condition will be charged to Buyer. If the return is caused by defect in the products attributable to Seller, and such return is authorized by Seller, full credit will be allowed, including all transportation charges. Returned merchandise will not be accepted after 90 days from the date of delivery.
Restocking Charges. From date of shipment, unless waived by the Company, charges will be made for the return of product as scheduled: a. 0-60 days-20%, b. 61-90 days- 30%, c. beyond 91 days-no return accepted. No returns of any kind shall be accepted without prior written approval by the Company, including an RMA (return materials authorization) number obtained by the Company.