Newly Developed Parts Sample Clauses

Newly Developed Parts. For newly developed and released parts, the initial Liability Rate shall be established at the rate of 60% for Supplier and 40% for Nissan, or tentative agreed Liability Rate. Upon Supplier’s request, Nissan will provide a representative sample of Collected Parts for review by Nissan and Supplier. Following such review, the initial Liability Rate may be revised based on the review results of Collected Parts. In all cases, the responsibility for Warranty Claims where the defect cannot be reproduced in the review of Collected Parts (no defect found), shall be assigned at 50% for Supplier and 50% for Nissan, for the purpose of Liability Rate calculation. If such review results in a change from the initial Liability Rate, the new rate shall thereafter be applied until further revision. Upon Supplier’s request, Nissan and Supplier shall arrange for one or more subsequent review(s) of Collected Parts to review the applicable Liability Rate, provided that such reviews shall be conducted no more frequently than once every twelve (12) months. Nissan reserves the right to review the Liability Rate as deemed necessary to ensure the quality of the vehicles and/or allocation of Supplier responsibility.
Sample 1
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