Common use of Combination Pool (Parts and Labor Clause in Contracts

Combination Pool (Parts and Labor. If Customer purchased Combination Pool option, the initial account balance and the Site to which that balance applies (“Site Balance”) is specified in the quote. As Customer requests or uses either on-site labor or parts under Combination Pool coverage, the Combination Pool monetary level stated in this Agreement will be reduced at Philips then current standard rates for on-site labor and Philips then current published list price for parts. If Combination Pool coverage is exhausted during any year of the term, then Customer may request on-site labor or parts at Philips’ list price less the discount specified in the quote. Combination Pool coverage expires on an annual basis and no credit for any unused portion is carried forward. Customer may allocate the Site Balance to on-site labor or parts purchased by Customer between the Covered Systems at the Site. Customer may not allocate the Site Balance to Covered System not listed in the quote.

Appears in 3 contracts

Samples: Service Agreement Terms and Conditions, Service Agreement Terms and Conditions, Service Agreement Terms and Conditions

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Combination Pool (Parts and Labor. If Customer purchased Combination Pool option, the initial account balance and the Site site to which that balance applies (“Site Balance”site balance) is specified in the quotequotation. As Customer requests or uses either on-site labor or parts under Combination Pool coverage, the Combination Pool monetary level stated in this on the face of the Agreement will be reduced at Philips then current standard rates for on-site labor and Philips then current published list price for parts. If Combination Pool coverage is exhausted during any year of the term, term then Customer may request on-site labor or parts at Philips’ list price less the discount specified in the quotequotation. Combination Pool coverage expires on an annual basis and no credit for any unused portion is carried forward. Customer may allocate the Site Balance site balance to on-site labor or parts purchased by Customer between the Covered Systems at the Sitesite. Customer may not allocate the Site Balance site balance to Covered System not listed in the quotequotation.

Appears in 1 contract

Samples: Service Agreement Terms and Conditions

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