Common use of Obsolescence Clause in Contracts

Obsolescence. 13.1 After the maintained equipment has attained the age of 7 years, maintenance will continue for as long as spares are readily available. After 7 years, total failure of the system main equipment will be deemed beyond fair wear and tear and will not be replaced free of charge. A minimum 10% allowance will be made against the cost of replacement with new if required.

Appears in 4 contracts

Samples: Maintenance Terms and Conditions, Maintenance Terms and Conditions, www.midshire.co.uk

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