Common use of Scrapped Material Clause in Contracts

Scrapped Material. The Buyer may, with the agreement of the Seller’s Resident Customer Support Representative, scrap any defective Warranted Parts that are beyond economic repair and not required for technical evaluation. If the Buyer does not obtain the agreement of the Seller’s Resident Customer Support Representative to scrap a Warranted Part immediately, the Buyer will retain such Warranted Part and any defective part removed from a Warranted Part during repair for a period of either one hundred and twenty (120) days after the date of completion of repair or sixty (60) days after submission of a claim for In-house Warranty Repair credit relating thereto, whichever is longer. Such parts will be returned to the Seller within thirty (30) days of receipt of the Seller’s request therefor, made within such retention periods. A record of scrapped Warranted Parts, certified by an authorized representative of the Buyer, will be kept in the Buyer’s file for at least the duration of the Warranty Period.

Appears in 1 contract

Samples: Purchase Agreement (Hawaiian Holdings Inc)

AutoNDA by SimpleDocs

Scrapped Material. The Buyer may, with the agreement of the Seller’s 's Resident Customer Support Representative, scrap any such defective Warranted Parts parts that are beyond economic repair and not required for technical evaluation. If the Buyer does not obtain the agreement of the Seller’s 's Resident Customer Support Representative to scrap a Warranted Part immediatelydefective beyond economic repair, then the Buyer will retain such Warranted Part and any defective part removed from a Warranted Part during repair for a period of either one hundred and twenty (120) * days after the date of completion of repair or sixty (60) * days after submission of a claim for In-house Warranty Repair credit relating thereto, whichever is longer. Such parts will be returned to the Seller within thirty (30) * days of receipt of the Seller’s 's request therefor, made within such retention periodsto that effect. A Scrapped Warranted Parts will be evidenced by a record of scrapped Warranted Parts, material certified by an authorized representative of the Buyer, which will be kept in the Buyer’s 's file for at least the duration of the Warranty Periodwarranty periods set forth in this Clause 12.1.

Appears in 1 contract

Samples: Purchase Agreement (Frontier Airlines Inc /Co/)

Scrapped Material. The Buyer may, with the agreement of the Seller’s 's Resident Customer Support Representative, scrap any such defective Warranted Parts that are beyond economic repair and not required for technical evaluation. If the Buyer does not obtain the agreement of the Seller’s 's Resident Customer Support Representative to scrap a Warranted Part immediately, the Buyer will retain such Warranted Part and any defective part removed from a Warranted Part during repair for a period of either one hundred and twenty (120) days after the date of completion of repair or sixty (60) days after submission of a claim for In-house Warranty Repair credit relating thereto, whichever is longer. Such parts will be returned to the Seller within thirty (30) days of receipt of the Seller’s 's request therefor, made within such retention periods. A record of scrapped Warranted Parts, certified by an authorized representative of the Buyer, will be kept in the Buyer’s 's file for at least the duration of the Warranty Period.

Appears in 1 contract

Samples: A330 200 Freighter Purchase Agreement (Aircastle LTD)

Scrapped Material. The Buyer may, with the agreement of the Seller’s 's Resident Customer Support Representative, scrap any such defective Warranted Parts parts that are beyond economic repair and not required for technical evaluation. If the Buyer does not obtain the agreement of the Seller’s 's Resident Customer Support Representative to scrap a Warranted Part immediatelydefective beyond economic repair, then the Buyer will retain such Warranted Part and any defective part removed from a Warranted Part during repair for a period of either one hundred and twenty (120) days after the date of completion of repair or sixty (60) days after submission of a claim for In-house Warranty Repair credit relating thereto, whichever is longer. Such parts will be returned to the Seller within thirty (30) days of receipt of the Seller’s 's request therefor, made within such retention periodsto that effect. A Scrapped Warranted Parts will be evidenced by a record of scrapped Warranted Parts, material certified by an authorized representative of the Buyer, which will be kept in the Buyer’s 's file for at least the duration of the Warranty Periodwarranty periods set forth in this Sub-clause 12.1.

Appears in 1 contract

Samples: Purchase Agreement (Fedex Corp)

AutoNDA by SimpleDocs

Scrapped Material. The Buyer may, with the agreement of the Seller’s Resident Customer Support Representative, scrap any such defective Warranted Parts that are beyond economic repair and not required for technical evaluation. If the Buyer does not obtain the agreement of the Seller’s Resident Customer Support Representative to scrap a Warranted Part immediately, the Buyer will retain such Warranted Part and any defective part removed from a Warranted Part during repair for a period of either one hundred and twenty (120) days after the date of completion of repair or sixty (60) days after submission of a claim for In-house Warranty Repair credit relating thereto, whichever is longer. Such parts will be returned to the Seller within thirty (30) days of receipt of the Seller’s request therefor, made within such retention periods. A record of scrapped Warranted Parts, certified by an authorized representative of the Buyer, will be kept in the Buyer’s file for at least the duration of the Warranty Period.

Appears in 1 contract

Samples: Purchase Agreement (Intrepid Aviation LTD)

Scrapped Material. The Buyer may, with the agreement of the Seller’s Resident Customer Support Representative, scrap any such defective Warranted Parts parts that are beyond economic repair and not required for technical evaluation. If the Buyer does not obtain the agreement of the Seller’s Resident Customer Support Representative to scrap a Warranted Part immediatelydefective beyond economic repair, then the Buyer will retain such Warranted Part and any defective part removed from a Warranted Part during repair for a period of either one hundred and twenty (120) days after the date of completion of repair or sixty (60) days after submission of a claim for In-house Warranty Repair credit relating thereto, whichever is longer. Such parts will be returned to the Seller within thirty (30) days of receipt of the Seller’s request therefor, made within such retention periodsto that effect. A Scrapped Warranted Parts will be evidenced by a record of scrapped Warranted Parts, material certified by an authorized representative of the Buyer, which will be kept in the Buyer’s file for at least the duration of the Aircraft Warranty PeriodPeriods.

Appears in 1 contract

Samples: Purchase Agreement (Flyi Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!