Common use of PARTS OBSOLESCENCE Clause in Contracts

PARTS OBSOLESCENCE. Supplier shall assume responsibility for identification, notification, and resolution of obsolescence issues to Envistacom. If an obsolescence issue occurs, Supplier shall: 1. Immediately notify the Envistacom Purchasing Representative of the situation within 72 hours of identification; Supplier shall define the shortage and provide Envistacom with the OEM part number, affected end item part number, affected end item nomenclature, and components per end item, and 2. Provide satisfactory evidence that a prudent effort was made to identify an alternate part (part shall be technically and physically compatible with hardware design.). If alternate part is identified, Supplier shall provide the alternate manufacturer part number to Envistacom. If an alternate part was not identified and implemented, Supplier shall determine whether there is an opportunity for a last time buy. Supplier shall provide the last time buy date, availability, and attrition rate of the OEM part. Responsibility of last time buys (for which Supplier does not have an accepted Purchase Order from Envistacom) shall be addressed on a case by case basis. Supplier shall procure last time buy inventory to support any accepted Purchase Orders and reserve the applicable part quantities for Envistacom. Envistacom reserves the right to cancel the affected Purchase Order line item or the Purchase Order, in its entirety, at no cost if the alternate part number is not technically compliant with Envistacom application or if there is no opportunity for a last time buy purchase to support the aforementioned Purchase Order.