Free From Defects definition
Examples of Free From Defects in a sentence
For purposes hereof, "Free From Defects" shall mean that the Buyer has received no complaints from its customers regarding such Products that (a) relate to printing quality errors, cutting quality errors and/or shipping errors of Seller; AND (b) result in a reorder, refund or merchandise credit for such Products to the customer that is attributable to Seller's error.
For purposes of ascertaining the percentage of Products that are Free From Defects in any given calendar month, Buyer shall provide Seller, following the conclusion of each calendar month, an accounting of all items shipped during such month and those items which Buyer alleges to be defective, so that the parties may agree to the amount of Products that were Free From Defect during such month.
In addition, if, during any calendar month during the Term, the percentage of Products shipped by Seller that are "Free From Defects" is less than 97%, then, Seller shall also pay to Buyer, or credit Buyer's account, an amount equal to 10% of the total invoice value for all Products that were not Free From Defects shipped by Seller during such month.