Common use of Buyer’s Remedy and Seller’s Obligation Clause in Contracts

Buyer’s Remedy and Seller’s Obligation. The Buyer’s remedy and Seller’s obligation and liability under this Article 4.1 are limited to the repair, replacement or correction, at the Seller’s expense and option, of any Seller Part that is defective. The Seller may alternatively furnish to the Buyer’s account with the Seller a *****. The provisions of Clauses 12.1.5 through 12.1.11 of the Agreement will apply to claims made pursuant to this Article 4.1.

Appears in 5 contracts

Samples: Purchase Agreement (Frontier Group Holdings, Inc.), A321 Aircraft Purchase Agreement (Frontier Group Holdings, Inc.), Purchase Agreement (Frontier Group Holdings, Inc.)

AutoNDA by SimpleDocs

Buyer’s Remedy and Seller’s Obligation. The Buyer’s remedy and Seller’s obligation and liability under this Article 4.1 2.3 are limited to the repair, replacement or correction, at the Seller’s expense and option, of any Seller Part that is defective. The Seller may alternatively furnish to the Buyer’s account with the Seller a *****credit equal to the price at which the Buyer is entitled to purchase a replacement for the defective Seller Part. The provisions of Clauses 12.1.5 through thru 12.1.11 of the Agreement will shall apply to claims made pursuant to this Article 4.12.3 of this Exhibit “H”.

Appears in 3 contracts

Samples: Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.)

Buyer’s Remedy and Seller’s Obligation. The Buyer’s 's remedy and Seller’s 's obligation and liability under this Article 4.1 are limited to the repair, replacement or correction, at the Seller’s 's expense and option, of any Seller Part that is defective. The Seller may alternatively furnish to the Buyer’s account with the Seller a *****credit equal to the price such Seller Part. The provisions of Clauses 12.1.5 through 12.1.11 12.1.10 of the Agreement will apply to claims made pursuant to this Article 4.1.

Appears in 2 contracts

Samples: Letter Agreement (Cit Group Inc), Letter Agreement (Cit Group Inc)

Buyer’s Remedy and Seller’s Obligation. The Buyer’s remedy and Seller’s obligation and liability under this Article 4.1 are limited to the repair, replacement or correction, at the Seller’s expense and option, of any Seller Part that is defective. The Seller may alternatively furnish to the Buyer’s account with the Seller a *****credit equal to the price such Seller Part. The provisions of Clauses 12.1.5 through 12.1.11 of the Agreement will shall apply to claims made pursuant to this Article 4.1.

Appears in 2 contracts

Samples: Purchase Agreement (Avianca Holdings S.A.), Purchase Agreement (Avianca Holdings S.A.)

Buyer’s Remedy and Seller’s Obligation. The Buyer’s remedy and Seller’s obligation and liability under this Article 4.1 are limited to the repair, replacement or correction, at the Seller’s expense and option, of any Seller Part that is defective. The Seller may alternatively furnish to the Buyer’s account with the Seller a *****credit equal to the price at which the Buyer is entitled to purchase a replacement for the defective Seller Part. The provisions of Clauses 12.1.5 through 12.1.11 of the Agreement will shall apply to claims made pursuant to this Article 4.14.1 of this Exhibit “H”.

Appears in 2 contracts

Samples: Letter Agreement (China Eastern Airlines Corp LTD), Letter Agreement (Air Lease Corp)

Buyer’s Remedy and Seller’s Obligation. The Buyer’s remedy and Seller’s obligation and liability under this Article 4.1 are limited to the repair, replacement or correction, at the Seller’s expense and option[***], of any Seller Part that is defective. The Seller may alternatively furnish to the Buyer’s account with the Seller a [*****. ] The provisions of Clauses 12.1.5 through 12.1.11 of the Agreement will shall apply to claims made pursuant to this Article 4.1.

Appears in 1 contract

Samples: Letter Agreement (Avianca Holdings S.A.)

AutoNDA by SimpleDocs

Buyer’s Remedy and Seller’s Obligation. The Buyer’s remedy and Seller’s obligation and liability under this Article 4.1 are limited to the repair, replacement or correction, at the Seller’s expense and option[*****], of any Seller Part that is defective. The Seller may alternatively furnish to the Buyer’s account with the Seller a [*****]. The provisions of Clauses 12.1.5 through 12.1.11 of the Agreement will shall apply to claims made pursuant to this Article 4.14.1 of this Exhibit “H”.

Appears in 1 contract

Samples: A320 Neo Purchase Agreement (Azul Sa)

Buyer’s Remedy and Seller’s Obligation. The Buyer’s remedy and Seller’s obligation and liability under this Article 4.1 are limited to the repair, replacement or correction, at the Seller’s expense and option*****, of any Seller Part that is defective. The Seller may alternatively furnish to the Buyer’s account with the Seller a *****. * The provisions of Clauses 12.1.5 through 12.1.11 of the Agreement will apply to claims made pursuant to this Article 4.1.

Appears in 1 contract

Samples: Letter Agreement (Virgin America Inc.)

Buyer’s Remedy and Seller’s Obligation. The Buyer’s remedy and the Seller’s obligation and liability under this Article 4.1 are limited to the repair, replacement or correction, at the Seller’s expense and option, of any Seller Part that is defective. The Seller may alternatively furnish to the Buyer’s account with the Seller a *****credit equal to the price of such Seller Part. The provisions of Clauses Subclauses 12.1.5 through 12.1.11 12.1.10 of the Agreement will shall apply to claims made pursuant to this Article 4.1.

Appears in 1 contract

Samples: Letter Agreement (Delta Air Lines Inc /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.