Common use of RETURN OF FAULTY GOODS Clause in Contracts

RETURN OF FAULTY GOODS. Without derogating from IEC's rights provided to it by law, in the event the goods shall fail to pass successfully the acceptance tests and subsequently the Offeror shall fail to remove such faulty goods from IEC's site within 45 days from receipt of IEC's written notice, IEC shall be entitled, at its sole discretion, and without the Offeror having any claim against IEC, to remove the goods from the site and sell them as waste or destroy them. IEC shall be entitled to claim compensation for the costs of removing, and/or selling and/or destroying such goods. The compensation claimed shall be deducted from any amount due to the Offerir from IEC under the order or any other order.

Appears in 4 contracts

Samples: www.iec.co.il, www.iec.co.il, www.iec.co.il

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.