Common use of RETURN FOR CREDIT Clause in Contracts

RETURN FOR CREDIT. A. Full product credit will be issued on return if Entegris made a product or shipping error. Freight charges for returning the shipment will be paid by Entegris. B. There will be a restocking charge of twenty-five percent (25%) of the Distributor's purchase price on all resalable items returned for credit when Distributor has made an order error. Shipping charges to be paid by Distributor when Distributor has made an order error. Charges on collect return will be deducted from the allowable credit. C. All items must be in resalable condition, unused, in the original packaging and of the current revision level. D. Claims for shortages or inaccurate filling of orders must be made to Entegris within ten (10) days after receipt of shipment. E. Returned goods will be accepted only with prior approval and Return Authorization Number. F. Goods ordered through a Distributor and returned to Entegris by the end-user will not be accepted without prior approval.

Appears in 2 contracts

Sources: Worldwide Stocking Distributor Agreement (Entegris Inc), Worldwide Stocking Distributor Agreement (Metron Technology N V)