Common use of Exchange Unit Clause in Contracts

Exchange Unit. If a replaced part is a recyclable or exchange part as indicated on Philips’ published price book, then Customer must return to Philips the failed recyclable or exchange part for which the replacement part was furnished within seven (7) days of shipment of the replacement part. If the failed part is not returned to Philips in the time stated, Customer will pay Philips, in addition to any other amounts due Philips, Philips’ published list price for such parts plus freight.

Appears in 11 contracts

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

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