Common use of Long or Extended Life Cycle Clause in Contracts

Long or Extended Life Cycle. The device is expected to be in use for 3 to 5 years. As an example question to ask, is the device issued to a student as a freshman, and expected to have a viable 4-year lifespan (through graduation)? Manufacturers sometimes determine this by limitations on the OEM Warranty (both Hardware and Operating System or OS Support), on- site repair, and availability of depot parts.

Appears in 4 contracts

Samples: Term Lease Agreement, Term Lease Agreement, Term Lease Agreement

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