Obsolete Parts Sample Clauses

Obsolete Parts does not cover in respect of a part of the Vehicle any amount in excess of the price shown in the manufacturer’s last list price at the date of loss or damage where that part is unobtainable or obsolete.
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Obsolete PartsThe term "Obsolete Parts" shall be defined as all (i) factory parts which are not listed in the most current manufacturer's wholesale price book or, if listed therein, are valued at ZERO DOLLARS ($0), (ii) parts which are not returnable to the manufacturer (as defined by the Franchisor), (iii) parts indicated as discontinued, and (iv) parts which are broken or damaged, regardless of whether listed in the most current manufacturer's wholesale price book.
Obsolete Parts. If any part or component of the insured vehicle is no longer manufactured, we will not pay for more than the supplier’s or manufacturer’s list price. Where no such list price applies, the most we will pay will be the lesser of: 1. The last known list price in New Zealand, or 2. The price of the part’s closest New Zealand equivalent, or 3. The cost of making a new part.
Obsolete PartsThe term "Obsolete Parts" shall be defined as all (i) factory parts which are not listed in the most current manufacturer's wholesale price book or, if listed therein, are valued at ZERO DOLLARS ($0), (ii) parts which are not returnable to the manufacturer (as defined by the Franchiser), (iii) parts which have been in stock more than one (1) year and/or parts which are in excess of a one (1) year supply, (iv) parts indicated as discontinued, and (v) parts which are broken or damaged, regardless of whether listed in the most current manufacturer's wholesale price book.
Obsolete Parts. 17.1 If the Goods constitute parts used by JCB to manufacture or assemble Company plant, machines, equipment or attachments then in the event that such a part is no longer required for production of JCB’s original plant machines, equipment or attachments, Supplier shall ensure that it is able to continue supplying JCB, as required, with such part for at least ten (10) years following the date on which the relevant part is no longer supplied for production. This Clause shall not apply to Goods which are not used by JCB to manufacture or assemble JCB plant or equipment. 17.2 JCB may desire to place additional orders for Goods purchased hereunder, Supplier shall provide JCB with a “Last Time Buy Notice” at least twelve (12) months prior to any action to discontinue any Goods purchased under this Contract. 17.3 The provisions of this Clause shall survive completion or termination.
Obsolete Parts. Obsolete Parts shall be defined as the inability to purchase, and/or otherwise repair, parts of the system no longer produced by the original equipment manufacturer or a third-party after-market supplier. Claims of component obsolescence shall not be allowed when replacement parts, components, or assemblies of equivalent design and functionality are available. In the event of component obsolescence, as defined in above paragraph, the condition shall be reported to the Purchaser with the following information: A. Alternative equipment, or component parts renewal options, for the restoration of the system due to obsolescence: B. Procurement and installation time for restoration of system service: C. Any safety code requirements that will be triggered by the alternative equipment, or component renewal (i.e., including filing, tests, and approvals): Contractor(s) shall provide written documentation if the replacement part is no longer available and determined to be obsolete, and that the Contractor has exhausted all research in obtaining such replacement parts to include manufacturer statement or information on obsolete parts. Such research would be the review of all firms as listed in the latest edition of Elevator World - "The Source". All local supply firms, including other Equipment contractor’s must also be researched for availability of replacement parts. Contractor should also research options of rebuilding, refurbished and/or aftermarket parts as well as checking with other Companies before seeking and sourcing brand new and/or before an upgrade. If the replacement part is available and approved by the Purchaser in writing, Contractor shall invoice the Purchaser the cost plus mark up for such replacement part. Contractor shall provide all documentation of the replacement costs. If Contractor installs a replacement part different than the original Equipment manufacturer, the new replacement, Contractor shall provide, in writing, the manufacturer, type, and model of the proposed replacement part. Any necessary Repairs for obsolescence work shall be submitted under Section 7, Time and Material (T&M). The Contractor shall submit a T&M proposal to the Purchaser for approval prior to performing any T&M repairs. The T&M proposal must include a detailed explanation of the obsolescent part, the alternative equipment or component, and any necessary retrofitting required. The approval and payment of the T&M proposal repair shall be based on the following: • If an...
Obsolete Parts does not cover in respect of a part of the Vehicle any amount in excess of the price VKRZQ LQ WKH PDQXIDFWXUHU¶V ODVW OLVW SULFH DW W unobtainable or obsolete.
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Obsolete PartsThe term "Obsolete Parts" shall be, defined as all (i) factory parts which are not listed in the most current manufacturer's wholesale price book or, if listed therein, are valued at ZERO DOLLARS ($0), (ii) parts which are not returnable to the manufacturer (as defined by the Franchiser, (iii) factory and non-factory parts which have been in stock more than one (1) year and/or parts which are in excess of a one (1) year supply, (iv) parts indicated as discontinued, and (v) parts which are broken or damaged, regardless of whether listed in the most current manufacturer's wholesale price book.
Obsolete Parts. Obsolete Parts shall be defined as the inability to purchase, and/or otherwise repair, parts of the system no longer produced by the original equipment manufacturer or a third-party after-market supplier. Claims of component obsolescence shall not be allowed when replacement parts, components, or assemblies of equivalent design and functionality are available. In the event of component obsolescence, as defined in above paragraph, the condition shall be reported to the Purchaser with the following information:

Related to Obsolete Parts

  • Spare Parts 14.1 As specified, the supplier may be required to provide any or all of the following materials, notifications, and information pertaining to spare parts manufactured or distributed by the supplier: (a) such spare parts as the purchaser may elect to purchase from the supplier, provided that this election shall not relieve the supplier of any warranty obligations under the contract and; (b) In the event of termination of production of the spare parts: (i) advance notification to the purchaser of the pending termination, in sufficient time to permit the purchaser to procure needed requirements and; (ii) Following such termination, furnishing at no cost to the purchaser, the blueprints, drawings, and specifications of the spare parts, if requested.

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Replacement Parts Replacement parts for goods purchased by Buyer are for the purpose of this Section defined as “Parts” (and are also considered “goods” under this Order). Unless specified otherwise by Buyer in writing, Supplier shall provide Parts (or upon Buyer’s written consent, an alternative replacement part that provides the same form, fit and function as the Part(s)) for a period of twenty (20) years after production of the goods (into which the applicable Parts are incorporated) ceases. Supplier shall continue to supply such Parts past the twenty (20) year period if Buyer orders at least twenty (20) Parts per year during such twenty-year period. The prices for any Parts purchased in the first two (2) years of the twenty-year period shall not exceed those prices in effect at the time production of the goods ceases, and no set up charges shall be permitted by Supplier or paid by Xxxxx during this two-year period. Thereafter, the prices for Parts shall be negotiated based on Supplier’s actual cost of production of such Parts plus any special packaging costs. No minimum order requirements shall apply unless the parties mutually agree in advance. After the end of the twenty-year period, Supplier shall continue to maintain in good working condition all Supplier-owned tooling required to produce the Parts and shall not dispose of such tooling without offering Buyer the right of first refusal to purchase such tooling.

  • Accessories, Spare Parts and Tools Accessories, spare parts and tools dispatched with a piece of equipment, machine, apparatus or vehicle, which are part of the normal equipment and included in the price thereof or which are not separately invoiced, shall be regarded as one with the piece of equipment, machine, apparatus or vehicle in question.

  • Consumables During the design phase, Purchaser may participate in the selection of suppliers of consumables of the Supplier. In such case, the choice regarding the final selection of the said suppliers shall be mutually agreed between the Parties. Two suppliers shall be identified and selected for each type of consumables.

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