Common use of RETURNS FOR CREDIT Clause in Contracts

RETURNS FOR CREDIT. No returns for credit will be accepted unless Seller’s permission has been obtained in each case in advance. Only sizes and designs taken from Seller’s regular line, which are in active demand, will be accepted for credit. Credit will be based on prices prevailing at the time of return, or invoiced price, whichever is lower, subject to deduction for handling and an additional deduction for expenses incurred in restoring goods to salable condition. Obsolete or specially manufactured goods can be accepted for return for credit only to the extent of value to Seller in each case. No credit will be issued to other than the original purchaser. There is a 20% restock charge charged for all returns.

Appears in 2 contracts

Samples: Terms of Sale, Terms of Sale

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RETURNS FOR CREDIT. No returns for credit will be accepted unless SellerXxxxxx’s permission has been obtained in each case in advance. Only sizes and designs taken from Seller’s regular line, which are in active demand, will can be accepted for credit. Credit will be based on prices prevailing at the time of return, or invoiced price, whichever is lower, subject to deduction for handling costs and an additional deduction for expenses incurred in restoring goods Goods to salable saleable condition. Obsolete or specially manufactured goods Goods can be accepted for return for or credit only to the extent of their value to Seller seller in each case. No credit will be issued to other than the original purchaser. There is a 20% restock charge charged for all returnsBuyer.

Appears in 1 contract

Samples: Terms and Conditions of Sale

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RETURNS FOR CREDIT. No returns for credit will be accepted unless SellerXxxxxx’s permission has been obtained in each case in advance. Only sizes and designs taken from Seller’s regular line, which are in active demand, will be accepted for credit. Credit will be based on prices prevailing at the time of return, or invoiced price, whichever is lower, subject to deduction for handling and an additional deduction for expenses incurred in restoring goods to salable condition. Obsolete or specially manufactured goods can be accepted for return for credit only to the extent of value to Seller in each case. No credit will be issued to other than the original purchaser. There is a 20% restock charge charged for all returns.

Appears in 1 contract

Samples: Terms of Sale

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