Common use of Scrapped Material Clause in Contracts

Scrapped Material. The Buyer will retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of either [***] after the date of completion of the repair or [***] after submission of a claim for Inhouse Warranty credit relating thereto, whichever is longer. Such parts will be returned to the Seller within [***] of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts, which are beyond economic repair and not required for technical evaluation locally, with the agreement of the Seller Representative(s). Scrapped Warranted Parts will be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Samples: Letter Agreement (Frontier Group Holdings, Inc.)

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Scrapped Material. The Buyer will shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of either [***] ** after the date of completion of the repair or [***] ** after submission of a claim for Inhouse Warranty credit relating thereto, whichever is longer. Such parts will shall be returned to the Seller within [***] ** of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts, which are beyond economic repair and not required for technical evaluation locally, with the agreement of the Seller Representative(srepresentative(s). Scrapped Warranted Parts will shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Frontier Group Holdings, Inc.)

Scrapped Material. The Buyer will shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of either [***] after the date of completion of the repair or [***] after submission of a claim for Inhouse Warranty credit relating thereto, whichever is longer. Such parts will shall be returned to the Seller within [***] of receipt of the Seller’s request to that effect. CSN - A350XWB - Clause 12 Privileged and Confidential Notwithstanding the foregoing, the Buyer may scrap any such defective parts, which are beyond economic repair and not required for technical evaluation locally, with the agreement of the Seller Representative(s). Scrapped Warranted Parts will shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

Scrapped Material. The Buyer will retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of either [***] ** after the date of completion of the repair or [***] ** after submission of a claim for Inhouse Warranty credit relating thereto, whichever is longer. Such parts will be returned to the Seller within [***] ** of receipt of the Seller’s request to that effect, unless otherwise agreed. Notwithstanding the foregoing, the Buyer may scrap any such defective parts, which are beyond economic repair and not required for technical evaluation locally, with the agreement of the Seller Representative(s). Scrapped Warranted Parts will be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Samples: Purchase Agreement (Virgin America Inc.)

Scrapped Material. The Buyer will retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of either [***] ** after the date of completion of the repair or [***] ** after submission of a claim for Inhouse Warranty credit relating thereto, whichever is longer. Such parts will be returned to the Seller within [***] ** of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts, which are beyond economic repair and not required for technical evaluation locally, with the agreement of the Seller Representative(s). Scrapped Warranted Parts will be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Samples: Letter Agreement (Frontier Group Holdings, Inc.)

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Scrapped Material. The Buyer will shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of either [***] * after the date of completion of the repair or [***] * after submission of a claim for Inhouse Warranty credit relating thereto, whichever is longer. Such parts will shall be returned to the Seller within [***] * of receipt of the Seller’s 's request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts, which are beyond economic repair and not required for technical evaluation locally, with the agreement of the Seller Representative(s). Scrapped Warranted Parts will shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Samples: Aircraft General Terms Agreement (China Southern Airlines Co LTD)

Scrapped Material. The Buyer will shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of either [***] *after the date of completion of the repair or [***] *after submission of a claim for Inhouse Warranty credit relating thereto, whichever is longer. Such parts will shall be returned to the Seller within [***] *of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts, which are beyond economic repair and not required for technical evaluation locally, with the agreement of the Seller Representative(s). Scrapped Warranted Parts will shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Samples: Purchase Agreement (Avolon Holdings LTD)

Scrapped Material. The Buyer will shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of either [***] after the date of completion of the repair or [***] after submission of a claim for Inhouse Warranty credit relating thereto, whichever is longer. Such parts will shall be returned to the Seller within [***] of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts, which are beyond economic repair and not required for technical evaluation locally, with the agreement of the Seller Representative(s). Scrapped Warranted Parts will shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Samples: Purchase Agreement (Latam Airlines Group S.A.)

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