Common use of Backorders Clause in Contracts

Backorders. MD maintains a very large inventory of all advertised equipment. The goal is to have all items in stock so that shipments can be made on a timely basis to customers. However, given the fact that over 150 items are part of MD’s inventory, it is nearly impossible to have all items in stock 100% of the time. Please check with MD before promising any firm delivery date for all items that you may have on your purchase order. If an item is backordered, priority is given for items that have been paid in full. Thus, if an order has been paid for by the dealer, any items that might be on backorder will be allocated from the next incoming shipment to that dealer. If the dealer cannot wait, a refund will be offered to the dealer or another similar item can be substituted at a like cost if the dealer agrees.

Appears in 2 contracts

Sources: Dealer Agreement, Dealer Agreement