General Contract Clauses: Restocking Fee | Practical Law

General Contract Clauses: Restocking Fee | Practical Law

A Standard Clause to be used in a sale of goods agreement between merchants to require the buyer to pay a restocking fee, which is a liquidated amount the buyer pays to the seller in the event the buyer returns goods that conform to the contract. This Standard Clause has integrated drafting notes with important explanations and drafting and negotiating tips.

General Contract Clauses: Restocking Fee

Practical Law Standard Clauses 0-564-0597 (Approx. 8 pages)

General Contract Clauses: Restocking Fee

by Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
A Standard Clause to be used in a sale of goods agreement between merchants to require the buyer to pay a restocking fee, which is a liquidated amount the buyer pays to the seller in the event the buyer returns goods that conform to the contract. This Standard Clause has integrated drafting notes with important explanations and drafting and negotiating tips.