Common use of Periods and Seller’s Undertaking Clause in Contracts

Periods and Seller’s Undertaking. Subject to the general conditions and limitations set forth in Clause 12.2.4, the Seller agrees that if a Failure occurs in an Item […***…] the Seller shall, at its discretion, as promptly as practicable and for a price that reflects the Seller’s financial participation as hereinafter provided, either: (i) design and furnish to the Buyer a correction for such Item and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts), or (ii) replace such Item.

Periods and Seller’s Undertaking. Subject to the general conditions and limitations set forth in Clause 12.2.4, the Seller agrees that if a Failure occurs in an Item within […***…AS AGREED BY THE PARTIES] on which such Item is installed, the Seller shallwill, at its discretion, as promptly as practicable and for a price that reflects the Seller’s 's financial participation as hereinafter provided, either: (i) design and furnish to the Buyer Buyers a terminating correction for such Item and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts), or (ii) replace such Item.

Periods and Seller’s Undertaking. Subject to the general conditions and limitations set forth in Clause 12.2.4, the Seller agrees that if a Failure occurs in an Item […...***…...] the Seller shallwill, at its discretion, as promptly as practicable and for a price that reflects the Seller’s financial participation as hereinafter provided, either: (i) design and furnish to the Buyer a correction for such Item and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts), or (ii) replace such Item.

Periods and Seller’s Undertaking. Subject to the general conditions and limitations set forth in Clause 12.2.4, the Seller agrees that if a Failure occurs in an Item […***…] the Seller shall, at its discretion, as promptly as practicable and for a price that reflects the Seller’s 's financial participation as hereinafter provided, either: (i) design and furnish to the Buyer a correction for such Item and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts), or (ii) replace such Item.

Periods and Seller’s Undertaking. Subject to the general conditions and limitations set forth in Clause 12.2.4, the Seller agrees that if a Failure occurs in an Item within […...***…...] after the Delivery of the Aircraft on which such Item is installed, the Seller shallwill, at its discretion, as promptly as practicable and for a price that reflects the Seller’s 's financial participation as hereinafter provided, either: (i) design and furnish to the Buyer Buyers a terminating correction for such Item and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts), or (ii) replace such Item.

Periods and Seller’s Undertaking. Subject to the general conditions and limitations set forth in Clause 12.2.4, the Seller agrees that if a Failure occurs in an Item […...***…...] the Seller shall, at its discretion, as promptly as practicable and for a price that reflects the Seller’s financial participation as hereinafter provided, either: (i) design and furnish to the Buyer a correction for such Item and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts), or (ii) replace such Item.: *** Confidential Treatment Requested