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Complete Home & Office Legal Guide
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Complete Home and Office Legal Guide (Chestnut) (1993).ISO
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20325.ws
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1993-08-01
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Seller agrees that it will at any time up to July 31, 1995, upon
receipt of a written request from Buyer, repurchase any of the
following classes of goods sold by Seller to Buyer:
microwave ovens
which are unused (except as they may be displayed for sale) and
in the original shipping containers, at a price equal to the
full purchase price less a restocking fee of 20% per cent of the
purchase price of such goods. Return shipping shall be paid by
the buyer.
The Buyer may, without notice to Seller, assign his right
require repurchase of all or any goods to any bank, finance
company or other financier to whom any security interest in the
goods, or any of them, may be granted, and in any such
event, Seller will 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 except for the restocking fee stated
herein, and freight if applicable.
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.
___________________________________
For Mark's Microwaves, SELLER
___________________________________
For Arnold's Appliances, BUYER