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Contract analysis / reclamation-demand-letter.docx
reclamation-demand-letter.docx
1011-00002 · 4 clauses
High · 0 Medium · 1 Standard · 0
1. Segregation and Identification. The Debtor shall promptly segregate and identify all R
1. Segregation and Identification. The Debtor shall promptly segregate and identify all Reclamation Goods currently in its possession or under its control, at any and all of its approximately 347 retail locations, distribution centers, warehouse facilities, fulfillment centers, or other facilities where such goods may be stored, held, or staged for sale.
2. Preservation of Goods. The Debtor shall immediately refrain from selling, transferring
2. Preservation of Goods. The Debtor shall immediately refrain from selling, transferring, consuming, commingling, encumbering, or otherwise disposing of any of the Reclamation Goods pending the resolution of this demand, whether by agreement of the parties, further order of the Court, or otherwise. To the extent any Reclamation Goods have already been sold, transferred, or otherwise disposed of after the petition da
3. Accounting. The Debtor shall provide Meridian with a complete and accurate accounting
3. Accounting. The Debtor shall provide Meridian with a complete and accurate accounting of all Reclamation Goods currently in the Debtor's possession or control, including the specific location, quantity, condition, and any other information reasonably necessary for Meridian to identify and recover such goods.
4. Return Logistics. Meridian is prepared to arrange for the pickup, transportation, and Medium
⚑ Liability cap to check against exposure
4. Return Logistics. Meridian is prepared to arrange for the pickup, transportation, and return of all Reclamation Goods at Meridian's own expense upon the identification, segregation, and reasonable staging of such goods by the Debtor at mutually agreed upon locations. Meridian's logistics team will coordinate directly with the Debtor's supply chain and warehouse personnel to minimize disruption to the Debtor's oper