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_SETUP.1
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SELLREP.BLD
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1997-07-22
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3KB
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109 lines
#100
@001 Enter the name of the SELLER:
~Enter the name of the seller of the goods.
@002 Enter the name of the BUYER:
~Enter the name of the buyer of the goods.
@003 Enter the description of goods subject to agreement:
~Enter a specific description of goods subject to the agreement.
~This should include the specific serial numbers.
#101 Will the goods be subject to restocking charge?
~Select yes if the buyer must pay a restocking charge
~on returned goods.
#if#101
@004 Enter restocking fee (percentage of purchase price):
~Enter what percentage of the original purchase price the buyer
~must pay to the seller on any goods the buyer returns to the
~seller.
#endif
#102 Must goods be in re-salable condition?
~Select yes if returns will only be accepted on goods which
~are in condition good enough to sell to someone else.
#104 Can right to repurchase be assigned to lenders?
~Select yes if the seller can give his option to buy the goods
~back from the buyer to his bank or other financer.
@005/@005 Return freight will be paid by:
~Select who will have to pay the shipping costs on any returned
~goods.
BUYER
SELLER
#105
#end control section
#100
SELLER'S AGREEMENT TO REPURCHASE
@001, referred to as SELLER, and @002, referred to as BUYER,
agree:
SELLER agrees to repurchase any of the following goods from
BUYER, subject to the terms and conditions set forth herein:
@003
#101
All such returns shall be subject to a restocking charge of @004
per cent of the purchase price paid by BUYER.
#102
Such goods must be in their original packaging and in re-salable
condition.
#104
The BUYER may, on notice to SELLER, assign this repurchase right
to any party holding a security interest in the goods, and if
such option is exercised SELLER agrees not assert as against any
such bank, finance company or other secured party, any right of
set-off, recoupment or counterclaim which may now exist or
hereafter arise under or by virtue of any transaction between
SELLER and BUYER.
SELLER shall not be obligated to repurchase any goods under this
contract unless and until it shall have been furnished assurances
which are in its opinion adequate to insure that the goods will
be delivered to SELLER free and clear of any and all liens,
encumbrances, security interests and other claims of third
parties to the goods.
#105
The right of repurchase shall extend to all goods of the same
type as stated herein, unless prior to a shipment, the same is
cancelled by notice sent by the most expeditious means.
Return freight on the goods shall be paid by:
@005
Dated: ________________
________________________________
@001
________________________________
@002