Common use of RETURNS AND CREDITS Clause in Contracts

RETURNS AND CREDITS. (a) Except as expressly provided in the Tele Radio Terms, Tele Radio shall not be under any obligation to accept the return of any Tele Radio Products supplied to the Customer. (b) Returns of unused and re-saleable standard Tele Radio Products which are not under warranty and which are listed in the published price lists, brochures and catalogues, electronic media and other advertising material of Tele Radio may, at Tele Radio’s sole discretion, be returned for credit, provided that the Tele Radio Products are: (i) returned within 14 days of delivery, at the customers cost to Tele Radio’s warehouse; (ii) accompanied by a delivery docket stating Tele Radio’s original invoice number and a valid reason for the return; and (iii) returned in an unused, undamaged and resalable condition, in their original packing. (c) No Tele Radio Products will be accepted for return under any circumstances (other than for reasons of wrong delivery or because the Tele Radio Products are faulty) if either: (i) the goods are non-stock items indented against the Customer’s specific requirements; or (ii) the invoiced value of the Tele Radio Products is less than $200.00 excluding GST. (d) Tele Radio Products will not be accepted for return for any reason between 15 and 30 days after the date of delivery unless by prior arrangement between Tele Radio and Customer, and with the payment of a restocking fee of 20% of original invoice value, or $50.00, exclusive of GST, whichever is the greater. (e) No Tele Radio Products will be accepted for return for any reason whatsoever beyond 30 days from date of delivery. (f) Where Tele Radio Products which have been supplied by Tele Radio on a manufactured/assembled to order or indent only basis, Tele Radio will not, unless agreed otherwise in writing, accept them for return except where such Tele Radio Products are faulty or have been wrongly delivered against Tele Radio drawings and/or Tele Radio specification sheets signed off by the Customer prior to manufacture. (g) Tele Radio may from time to time, develop policies in connection with the return of Tele Radio Products, which will be notified to the Customer and must be complied with before any returned Tele Radio Products are accepted by Tele Radio in exchange for credit, or such returned Tele Radio Products are otherwise repaired or replaced.

RETURNS AND CREDITS. (a) Except as expressly provided in the Tele Radio Terms, Tele Radio shall (to the maximum extent permitted by the law) not be under any obligation to accept the return of any Tele Radio Products supplied to the Customer. (b) Returns of unused and re-saleable standard Tele Radio Products which are not under warranty and which are listed in the published price lists, brochures and catalogues, electronic media and other advertising material of Tele Radio may, at Tele Radio’s sole discretion, be returned for credit, provided that the Tele Radio Products are: (i) returned within 14 days of delivery, at the customers cost to Tele Radio’s warehouse; (ii) accompanied by a delivery docket stating Tele Radio’s original invoice number and a valid reason for the return; and (iii) returned in an unused, undamaged and resalable condition, in their original packing. (c) No Tele Radio Products will be accepted for return under any circumstances (other than for reasons of wrong delivery or because the Tele Radio Products are faulty) if either: (i) the goods are non-stock items indented against the Customer’s specific requirements; or (ii) the invoiced value of the Tele Radio Products is less than $200.00 excluding GST. (d) Tele Radio Products will not be accepted for return for any reason between 15 and 30 days after the date of delivery unless by prior arrangement between Tele Radio and Customer, and with the payment of a restocking fee of 20% of original invoice value, or $50.00, exclusive of GST, whichever is the greater. (e) No Tele Radio Products will be accepted for return for any reason whatsoever beyond 30 days from date of delivery. (f) Where Tele Radio Products which have been supplied by Tele Radio on a manufactured/assembled to order or indent only basis, Tele Radio will not, unless agreed otherwise in writing, accept them for return except where such Tele Radio Products are faulty or have been wrongly delivered against Tele Radio drawings and/or Tele Radio specification sheets signed off by the Customer prior to manufacture. (g) Tele Radio may from time to time, develop policies in connection with the return of Tele Radio Products, which will be notified to the Customer and must be complied with before any returned Tele Radio Products are accepted by Tele Radio in exchange for credit, or such returned Tele Radio Products are otherwise repaired or replaced.