Common use of Equipment Returns Clause in Contracts

Equipment Returns. Subject to the provisions of this clause and to the extent permitted by applicable law, Chubb reserves the right to decline the return of Equipment, including without limitation, returns for change of mind (except where clause 2 of this CSA applies), or where the Equipment was specifically procured or designed, in whole or in part, for the Customer. Chubb may accept Equipment returns for refund, repair or credit if the Equipment is defective, if Chubb has incorrectly supplied the Equipment or if the Equipment has been damaged in transit by Chubb's carrier. The Customer may not return any Equipment without obtaining prior written authorisation and instructions from Chubb. Except for defective Equipment, Equipment incorrectly supplied or damaged in transit by Chubb’s carrier, any other Equipment that Chubb has authorised to be returned shall be subject to a restocking fee payable by the Customer calculated as 15% of the price of the Equipment or $20.00 (whichever is greater) and in such event, all freight charges for the Equipment returned for credit shall be prepaid by the Customer unless otherwise approved by Chubb in writing.