Common use of Right to Remedy Clause in Contracts

Right to Remedy. If the Supplier does not timely modify, adjust, repair or replace defective or non-conforming Products within five (5) days of written notice of such defect/non-conformance, or if any emergency exists rendering it impossible or impractical for TPI to have the Supplier remedy such defect or non-conformance, then TPI, after notice to the Supplier, may at its option and without prejudice to any other rights or remedies that may be available to it, make or cause to be made such modification, adjustment, repair or replacement, in which case the Supplier will reimburse TPI for its costs or, at TPI’s option, TPI can offset such costs against any amounts owing to Supplier.

Appears in 2 contracts

Samples: Standard Terms of Purchase, Standard Terms of Purchase

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Right to Remedy. If the Supplier does not timely modify, adjust, repair or replace defective or non-non- conforming Products within five (5) days of written notice of such defect/non-non- conformance, or if any emergency exists rendering it impossible or impractical for TPI to have the Supplier remedy such defect or non-non- conformance, then TPI, after notice to the Supplier, may at its option and without prejudice to any other rights or remedies that may be available to it, make or cause to be made such modification, adjustment, repair or replacement, in which case the Supplier will reimburse TPI for its costs or, at TPI’s option, TPI can offset such costs against any amounts owing to Supplier.

Appears in 2 contracts

Samples: Standard Terms of Purchase, Standard Terms of Purchase

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