Returned Goods definition

Returned Goods means all right, title and interest in and to returned, repossessed or foreclosed goods and/or merchandise the sale of which gave rise to a Receivable; provided that such goods shall no longer constitute Returned Goods after a Deemed Collection has been deposited in a Collection Account with respect to the full Outstanding Balance of the related Receivables.
Returned Goods. Any goods relating to a Transaction or Debt and which a Customer rejects or returns or indicates a wish to do so or which You or We recover from a Customer;
Returned Goods means all right, title and interest in and to returned, repossessed or foreclosed goods and/or merchandise the sale of which gave rise to a Receivable; provided that such goods shall no longer constitute Returned Goods after a Deemed Collection has been deposited in a Borrower Account with respect to the full Unpaid Balance of the related Receivables.

Examples of Returned Goods in a sentence

  • Subject to Purchaser’s compliance with Seller’s Returned Goods Authorization process in accordance with Section 9 below, Seller may, at Seller’s discretion, accept unopened and undamaged Products to be returned by Purchaser for credit against Purchaser’s future purchases from Seller; provided such Products are verified by Seller upon receipt as new, unopened and in good, salable condition.


More Definitions of Returned Goods

Returned Goods means, with respect to any Receivable, all right, title and interest of any Originator, the Borrower, the Administrative Agent or the Lenders, as applicable, in and to returned, repossessed or foreclosed goods and/or merchandise, the sale of which gave rise to such Receivable.
Returned Goods means all right, title and interest of any Originator in and to returned, repossessed or foreclosed goods and/or merchandise the sale of which gave rise to a Receivable.
Returned Goods. Any goods relating to a Contract of Sale giving rise to a Debt which a Customer shall reject or return or intimate a wish to do so or which you or we shall recover from a Customer. "Sales Ledger Control Account" An account recording the Notified Value of Outstanding Debts less such Allowances and reserves as we shall apply to the account.
Returned Goods means all right, title and interest of the SPV in and to returned, repossessed or foreclosed goods and/or merchandise the sale of which gave rise to a Receivable.
Returned Goods means all right, title and interest of WESCO or any Originator, the Receivables Seller, the Receivables Agent or any Receivables Purchaser, as applicable, in and to returned, repossessed or foreclosed goods and/or merchandise the sale of which gave rise to a Receivable.
Returned Goods. ’ means goods that a buyer returns to a retailer upon the parties’ can- cellation of the original sales contract when the retailer either credits or refunds the full selling price of the goods and associated sales tax to the buyer. Returned goods shall not include goods ac- cepted in trade or barter, goods repossessed or recaptured by legal process, and goods secured pursuant to the consumer’s abandonment of the sales contract or other voluntary surrender.
Returned Goods. Any Goods relating to or purporting to comply with a Sale Contract which any Customer shall for any reason: