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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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sale
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20325.bld
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1993-08-01
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#100
@001 Enter the name of the SELLER:
@002 Enter the name of the BUYER:
@003 Enter the type of goods subject to the agreement:
@004 Enter expiration date of agreement:
@005 Enter restocking fee:
@100/@100 Return freight will be paid by:
seller
buyer
#end control section
#100
SELLER'S AGREEMENT TO REPURCHASE
Seller agrees that it will at any time up to @004, upon receipt
of a written request from Buyer, repurchase any of the following
classes of goods sold by Seller to Buyer:
@003
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 @005 per cent of the
purchase price of such goods. Return shipping shall be paid by
the @100.
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 @001, SELLER
___________________________________
For @002, BUYER