Common use of Assignment of Third Party Warranties Clause in Contracts

Assignment of Third Party Warranties. Any warranties from the OEM, a prior operator, MRO or other third party (“Third Party”) in existence and that are assignable at the time of sale, are assigned to PURCHASER at the time of and with the transfer of title to the Parts to PURCHASER, with recourse only to the Third Party and not to the SELLER.

Appears in 2 contracts

Samples: Invoice Standard Terms & Conditions, Invoice Standard Terms & Conditions

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Assignment of Third Party Warranties. Any warranties from the OEM, a prior operator, MRO or other third party ("Third Party”Pary") in existence and that are assignable at the time of sale, are assigned to PURCHASER at the time of and with the transfer of title to of the Parts to PURCHASER, with recourse only to the Third Party and not to the SELLER.

Appears in 1 contract

Samples: Standard Terms and Conditions

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Assignment of Third Party Warranties. Any warranties from the OEM, a prior operator, MRO or other third party (“Third PartyPary”) in existence and that are assignable at the time of sale, are assigned to PURCHASER at the time of and with the transfer of title to of the Parts to PURCHASER, with recourse only to the Third Party and not to the SELLER.

Appears in 1 contract

Samples: Invoice Standard Terms & Conditions

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