Common use of Return of Product Clause in Contracts

Return of Product. Any materials delivered in poor condition, or in excess of the amount authorized by the purchase order may, at the discretion of the Purchasing Entity, be returned to the Supplier at the Supplier’s expense within 5 days. Credit for returned goods shall be made immediately once the Supplier receives the returned goods. If any product is returned to a Supplier for failure of performance, the Supplier will, at the State’s discretion, refund all amounts paid to the Supplier for such product or replace the product, and the following shall apply: 1. Within five (5) days of written notification by the Purchasing Entity, the Supplier will make arrangements for the return of the product. 2. The Supplier shall bear all shipping and insurance costs. 3. Supplier shall be liable for damages to the product, unless caused by fault or negligence of the Purchasing Entity that occur during the return process.

Appears in 5 contracts

Sources: Participating Addendum, Participating Addendum, Master Agreement

Return of Product. Any materials delivered in poor condition, or in excess of the amount authorized by the purchase order may, at the discretion of the Purchasing Entity, be returned to by the Supplier at the Supplier’s 's expense within 5 days. Credit for returned goods shall be made immediately once the Supplier receives the returned goods. If any product is returned to a Supplier for failure of performance, the Supplier will, at the State’s 's discretion, refund all amounts paid to the Supplier for such product or replace the product, and the following shall apply: 1. 4.11.1 Within five (5) days of written notification by the Purchasing Entity, the Supplier will make arrangements for the return of the product. 2. 4.11.2 The Supplier shall bear all shipping and insurance costs. 3. 4.11.3 Supplier shall be liable for damages to the product, unless caused by fault or negligence of the Purchasing Entity that occur during the return process.

Appears in 5 contracts

Sources: Statewide Contract Addendum, Master Agreement, Master Agreement