Common use of Seller’s Liability Clause in Contracts

Seller’s Liability. Any Seller (Vendor, Supplier, Source of Repair) that provides any spares, repairs, subcomponents or other part(s) that are derived from any source or subcontractor(s) who is/are unauthorized and/or uncertified and/or unqualified and/or is known to provide questionable products and/or is on the US Government’s Excluded Parties List System (EPLS), agrees to be held fully liable for all costs, inclusive, but not limited to: return of part(s); replacement using authorized, certified OEM approved parts and subparts; and bearing all costs between the original order value and any difference of the property acquired and used if approved for replacement. S&K Aerospace shall decide whether to allow for replacement or Terminate for Default within 30 days of discovery of unapproved parts/components. Seller shall also be responsible for a full reimbursement of total value of order and associated costs. If Termination for Default, Seller is subject to and liable for all costs in accordance with FAR 52.249-8.

Appears in 4 contracts

Samples: Fixed Price Terms and Conditions, Terms and Conditions, Fixed Price Agreement

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