Common use of Buy-Back of Surplus Material Clause in Contracts

Buy-Back of Surplus Material. 10.2.1 The Seller agrees that at any time within twelve (12) months after the end of the Initial Provisioning Period, the Buyer will have the right to return to the Seller, at a credit of one hundred percent (100%) of the original purchase price paid by the Buyer, unused and undamaged Material set forth above in Subparagraphs 1.1(a) and 1.1(b) originally purchased from the Seller under the terms hereof, provided (i) that the selected protection level for all Material does not exceed ninety-six percent (96%) with a turnaround time of forty-five (45) days, (ii) *** and (iii) that the Material is returned with the Seller's original documentation and any such documentation (including tags, certificates) required to identify, substantiate the condition of and enable the resale of such Material.

Appears in 2 contracts

Samples: Letter Agreement (Us Airways Inc), Letter Agreement (Us Airways Inc)

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Buy-Back of Surplus Material. 10.2.1 The Seller agrees that at any time within twelve (12) months after the end of the Initial Provisioning Period, the Buyer will have the right to return to the Seller, at a credit of one hundred percent (100%) of the original purchase price paid by the Buyer, unused and undamaged Material set forth above in Subparagraphs 1.1(a) and 1.1(b) originally purchased from the Seller under the terms hereof, provided (i) that the selected protection level for all Material does not exceed ninety-six percent (96%) with a turnaround time of forty-five (45) days, (ii) *** , and (iii) that the Material is returned with the Seller's original documentation and any such documentation (including tags, certificates) required to identify, substantiate the condition of and enable the resale of such Material.

Appears in 1 contract

Samples: Letter Agreement (Us Airways Inc)

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Buy-Back of Surplus Material. 10.2.1 The Seller agrees that at any time within twelve (12) months after the end of the Initial Provisioning Period, the Buyer will have the right to return to the Seller, at a credit of one hundred percent (100%) of the original purchase price paid by the Buyer, unused and undamaged Material set forth above in Subparagraphs 1.1(a) and 1.1(b) originally purchased from the Seller under the terms hereof, provided (i) that the selected protection level for all Material does not exceed ninety-six percent (96%) with a turnaround time of forty-five (45) days, (ii) *** *, and (iii) that the Material is returned with the Seller's original documentation and any such documentation (including tags, certificates) required to identify, substantiate the condition of and enable the resale of such Material.

Appears in 1 contract

Samples: Letter Agreement (Us Airways Inc)

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