Common use of Scrapped Material Clause in Contracts

Scrapped Material. The Buyer shall retain any defective Warranted Part 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, whichever is longer. Such parts shall be returned to the Seller, [*] of receipt of the Seller’s request therefor, provided that the Buyer receives such request within such above described retention periods and prior to the Buyer’s receipt of written notice, if any, from the Seller that the requested Warranty Part may or should be scrapped. 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). AVA - A320 Family PA AMENDED AND RESTATED Scrapped Warranted Parts shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Scrapped Material. The Buyer shall retain any defective Warranted Part 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, whichever is longer. Such parts shall be returned to the Seller, [*] of receipt of the Seller’s request therefor, provided that the Buyer receives such request within such above described retention periods and prior to the Buyer’s receipt of written notice, if any, from the Seller that the requested Warranty Part may or should be scrapped. 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). AVA - A320 Family PA AMENDED AND RESTATED Scrapped Warranted Parts shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.