Common use of REJECTED DEVICE Clause in Contracts

REJECTED DEVICE. If the Device is considered to be a Rejected Device, the Plan will be terminated with no refund of Your Service Fee or payment of the Buyback Amount, and you will be notified by e-mail and/or in a secure area on TechForward's website within thirty (30) days of receipt of Device by TechForward ("Rejection Notification"). You hereby grant TechForward the power to dispose or sell the Rejected Device with TechForward retaining 75% of the net proceeds of the sale ("Rejected Device Sale Proceeds"). The remainder of the Rejected Device Sale Proceeds will be disbursed to You within sixty (60) days of the sale of the device.

REJECTED DEVICE. If the Device is considered to be a Rejected Device, the Plan will be terminated with no refund of Your Service Fee or payment of the Buyback Amount, and you will be notified by e-mail and/or in a secure area on TechForward's website within thirty (30) days of receipt of Device by TechForward ("Rejection Notification"). You hereby grant TechForward the power to dispose or sell the Rejected Device with TechForward bearing all costs of environmental disposal, and retaining 75% of the any net proceeds of the sale ("Rejected Device Sale Proceeds"). The remainder of the Rejected Device Sale Proceeds will be disbursed to You within sixty (60) days of the sale of the deviceor disposal.