Common use of EXCHANGE POLICY Clause in Contracts

EXCHANGE POLICY. Retailer shall maintain a policy for the exchange and return of Goods and adjustments for Services rendered or not rendered that is in accordance with all applicable Laws and, to the extent the adjustment took place at a Store, shall promptly deliver a Credit Slip to the Cardholder and include credit for such return or adjustment in the Charge Data in accordance with the Operating Procedures in the event the return/exchange has been authorized in accordance with Retailer's policies.

EXCHANGE POLICY. Retailer shall maintain a policy for the exchange and return of Goods and adjustments for Services rendered or not rendered that is in accordance with all applicable Laws and, to the extent the adjustment took place at a StoreStore with the Cardholder present, shall promptly deliver a Credit Slip to the Cardholder and include credit for such return or adjustment in the Charge Data Transaction Record(s) in accordance with the Operating Procedures in the event the return/exchange has been authorized in accordance with Retailer's ’s policies.