Common use of Labour Reimbursement Clause in Contracts

Labour Reimbursement. For correction of Defects BXXX shall establish a reasonable estimate for the labour hours required for the repair, replacement or rework of the defective BXXX Part and, if the repair, replacement or rework is performed by Buyer or by third party on behalf of Buyer, BXXX shall reimburse Buyer for BXXX estimated hours or for Buyer's or third party's actual labour hours, whichever is less, for the repair, replacement or rework of the defective BXXX Part excluding any work necessary to gain access to said BXXX Part. Such reimbursement shall be based upon Buyer's direct labour rate per manhour plus burden rate of fifty percent (50%), subject to annual review and adjustment of such labour rate as mutually agreed; provided, however, that this amount shall not exceed fifty percent (50%) of the BXXX published selling labour rate.

Labour Reimbursement. For correction of Defects BXXX XXXX shall establish a reasonable estimate for the labour hours required for the repair, replacement or rework of the defective BXXX XXXX Part and, if the repair, replacement or rework is performed by Buyer or by third party on behalf of Buyer, BXXX XXXX shall reimburse Buyer for BXXX XXXX estimated hours or for Buyer's or third party's actual labour hours, whichever is less, for the repair, replacement or rework of the defective BXXX XXXX Part excluding any work necessary to gain access to said BXXX XXXX Part. Such reimbursement shall be based upon Buyer's direct labour rate per manhour plus burden rate of fifty percent (50%), subject to annual review and adjustment of such labour rate as mutually agreed; provided, however, that this amount shall not exceed fifty percent (50%) of the BXXX XXXX published selling labour rate.