Common use of Replacement of FM Tools Clause in Contracts

Replacement of FM Tools. Prior to the end of a Tool Period, Hilti may offer a new Hilti tool at then current terms and prices. Upon Customer’s acceptance, the new tool will be sent to Customer, considered a FM Tool, and an associated Tool Contract shall be initiated. If the new FM Tool is a replacement for a similar tool (which shall be defined by Hilti), the Tool Contract for the replaced FM Tool is automatically terminated upon the replaced FM Tool’s return.

Replacement of FM Tools. Prior to the end of a Tool Period, Hilti may offer a new Hilti tool at then current terms and prices. Upon Customer’s acceptance, the new FM tool will be sent to Customer, considered a FM Tool, and an associated Tool Contract shall be initiated. If the new FM Tool is a replacement for a similar tool (which shall be defined by Hilti), the Tool Contract for the replaced FM Tool is automatically terminated upon the replaced FM Tool’s return.

Replacement of FM Tools. Prior to the end of a Tool Period, Hilti may offer a new Hilti tool at then current terms and prices. Upon Customer’s acceptance, the new tool will be sent to Customer, considered a FM Tool, and an associated Tool Contract shall be initiated. If the new FM Tool is a replacement for a similar tool party at any time in writing (which shall be defined by Hiltitext form), the Tool Contract for the replaced FM Tool is automatically terminated upon the replaced FM Tool’s return.if: