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 ***** of the Seller’s request to that effect. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 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.

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 shall be returned to the Seller within *** of receipt of the Seller’s 's request to that effect. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 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.

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 shall be returned to the Seller within **** of receipt of the Seller’s request to that effect. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 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.

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 submission of a claim for Inhouse Warranty credit relating thereto, [*]. Such parts shall be returned to the Seller [*** ] of receipt of the Seller’s request to that effect. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. Notwithstanding the foregoing, the Buyer may scrap any such defective parts, parts which are beyond economic repair and not required for technical evaluation locally, locally with the agreement of the Seller Representative(s)Seller’s local representative. Scrapped Warranted Parts will shall 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.

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 repair or *** after submission of a claim for Inhouse Warranty credit relating thereto, whichever is longer. Such parts shall be returned to the Seller within *** of receipt of the Seller’s 's request to that effect. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 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.