Common use of Parts Inventory Clause in Contracts

Parts Inventory. DEALER and DISTRIBUTOR recognize that the owners and users of Toyota Motor Vehicles may reasonably expect that DEALER will have Genuine Toyota Parts or Accessories immediately available for purchase or installation. DEALER, therefore, agrees to carry in stock at all times during the term of this Agreement an adequate inventory of Genuine Toyota Parts or Accessories, as listed in DISTRIBUTOR's current inventory guide, to enable DEALER to meet its customers' needs and to fulfill its service responsibilities under this Agreement.

Appears in 5 contracts

Samples: Automotive Dealer Sales and Service Agreement (United Auto Group Inc), Dealer Agreement (Firstamerica Automotive Inc /De/), Dealer Agreement (Firstamerica Automotive Inc /De/)

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Parts Inventory. DEALER and DISTRIBUTOR recognize that the owners and users of Toyota Motor Vehicles may reasonably expect that DEALER will have Genuine Toyota Parts or Accessories immediately available for purchase or installation. DEALER, therefore, agrees to carry in stock at all times during the term of this Agreement an adequate a complete inventory of Genuine Toyota Parts or Accessories, as listed in DISTRIBUTOR's current inventory guide, to enable DEALER to meet its customers' CUSTOMER's needs and to fulfill its service responsibilities under this Agreement.

Appears in 1 contract

Samples: Toyota Dealer Agreement (Lithia Motors Inc)

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