Common use of Warehousing Charges Clause in Contracts

Warehousing Charges. Buyer-owned materials or Goods that remain in Seller’s storage facility for more than thirty (30) days may be sent off-site, at Seller’s option and Buyer’s expense. Seller will provide Buyer with name and address of off-site facility when applicable. Items will be considered abandoned if there is no open order for said components for more than sixty (60) days. Seller will then have the right to dispose of materials (in any commercially reasonable manner) and invoice Buyer for all storage and disposal costs.

Appears in 2 contracts

Samples: Master Supply Agreement, Supply Agreement

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Warehousing Charges. Buyer-owned materials or Goods that remain in Seller’s storage facility for more than thirty (30) days may be sent off-site, at Seller’s option and Buyer’s expense. Seller will provide Buyer with name and address of off-site facility when applicable. Items will be considered abandoned if there is no open order for said components for more than sixty (60) days. Seller will then have the right to dispose of materials (in any commercially reasonable manner) and invoice Buyer for all storage and disposal costs.

Appears in 2 contracts

Samples: Supply Agreement, Supply Agreement

Warehousing Charges. Buyer-owned materials or Goods product that remain remains in Seller’s storage facility for more than thirty (30) days may be sent off-site, at Seller’s option and Buyer’s expense. Seller will provide Buyer with name and address of off-site facility when applicable. Items will be considered abandoned if there is no open order for said components for more than sixty (60) days. Seller will then have the right to dispose of materials (in any commercially reasonable manner) and invoice Buyer for all storage and disposal costs.

Appears in 1 contract

Samples: Supply Agreement

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Warehousing Charges. Buyer-owned materials or Goods product that remain remains in Seller’s storage facility for more than thirty three (303) days months may be sent off-site, at Seller’s option and Buyer’s expense. Seller will provide Buyer with name and address of off-site facility when applicable. Items will be considered abandoned if there is no open order for said components for more than sixty (60) days. Seller will then have the right to dispose of materials (in any commercially reasonable manner) and invoice Buyer for all storage and disposal costs.

Appears in 1 contract

Samples: Supply Agreement

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