RETURN OF CONTAINERS. The Seller retains ownership of all containers/storage equipment and unless agreed otherwise, the Buyer shall, at its own cost, return the containers empty and in good condition to the Seller within the free time stipulated by the Seller, failing which all charges in relation to the delay shall be payable by the Buyer. Unless agreed otherwise, the Buyer shall pay a deposit on all returnable containers, which shall be credited to the Buyer’s account, less the handling fees, if any, upon the return of containers in good condition. The containers shall be returned at the Buyer’s risk and if the Buyer fails to return the containers in good condition or within the period specified herein, the Seller may reject the containers and forfeit the deposit.
Appears in 3 contracts
Sources: General Terms and Conditions of Sales, General Terms and Conditions of Sales, General Terms and Conditions of Sales