Common use of Repair Requirements Clause in Contracts

Repair Requirements. All Repairs and replacement parts used in connection with Repairs shall be (A) free of Encumbrances, (B) in compliance with the terms of any manufacturer’s warranties and (C) in as good operating condition as, and have a value, utility and remaining useful life equal to or better than the part being replaced (assuming such parts were in the condition and repair required by the terms hereof) so that in no material way will the Solar Cells not achieve at least the same fair market value and that no replacement parts shall change the Solar Cells such that it would (x) not be commercially feasible for the Solar Cells or any part thereof to be used by Solar Cell Owners or a Third Party upon return or (y) diminish the value, utility, residual value or remaining useful life of the Solar Cells.