Common use of SERVICE AND REPLACEMENT PARTS Clause in Contracts

SERVICE AND REPLACEMENT PARTS. If this contract is for the sale of direct material or components for Buyer’s finished product, then the following section shall apply. During the term of this agreement, Seller will sell to Buyer Products necessary to fulfill Buyer’s service and replacement parts requirements to Buyer’s customers at the then current production price(s) under this Contract. If the Products are systems or modules, Seller will sell the components or parts that comprise the system or module at price(s) that will not, in the aggregate, exceed the price of the system or module less assembly costs. If this agreement is in effect at the end of the vehicle production program into which the Products covered by the Purchase Order are incorporated, Seller will also sell Products to Buyer to fulfill Buyer’s and its customers’ service and replacement parts requirements during the longer of (i) the period required by Buyer’s customer or (ii) a fifteen (15) year period following the end of such vehicle production program (the longer of (i) or (ii) shall be deemed the “Post Production Period”), and this Contract will automatically remain in effect during the entire Post Production Period. During the initial three (3) years of the Post Production Period, the price(s) for such Products will be the production price(s) that were in effect at the commencement of the Post Production Period. For the remainder of the Post Production Period, the price(s) for such service Products will be as reasonably agreed to by the parties. If requested by Xxxxx, Seller will also make service literature and other materials available at no additional charge to support Buyer’s service activities.

SERVICE AND REPLACEMENT PARTS. If this contract is for the sale of direct material or components for Buyer’s finished product, then the following section shall apply. During the term of this agreementContract, Seller will sell to Buyer Products goods necessary to fulfill Buyer’s service and replacement parts requirements to Buyer’s customers at the then current production price(s) under this Contract. If the Products goods are systems or modules, Seller will sell the components or parts that comprise the system or module at price(s) that will not, in the aggregate, exceed the price of the system or module less assembly costs. If this agreement Contract is in effect at the end of the vehicle production program into which the Products goods covered by the Purchase Order Contract are incorporated, Seller will also sell Products goods to Buyer to fulfill Buyer’s and its customers’ service and replacement parts requirements during the longer of (i) the period required by Buyer’s customer or (ii) a fifteen (15) year period following the end of such vehicle production program (the longer of (i) or (ii) shall be deemed the “Post Post-Production Period”), and this Contract will automatically remain in effect during the entire Post Post-Production Period. During the initial three five (35) years of the Post Post-Production Period, the price(s) for such Products goods will be the production price(s) that which were in effect at the commencement of the Post Post-Production Period. For the remainder of the Post Post-Production Period, the price(s) for such service Products goods will be as reasonably agreed to by the parties. If requested by Xxxxx, Seller will also make service literature and other materials available at no additional charge to support Buyer’s service activities.

SERVICE AND REPLACEMENT PARTS. If this contract is for the sale of direct material or components for Buyer’s finished product, then the following section shall apply. During the term of this agreement, Seller will sell to Buyer Products necessary to fulfill Buyer’s service and replacement parts requirements to Buyer’s customers at the then current production price(s) under this Contract. If the Products are systems or modules, Seller will sell the components or parts that comprise the system or module at price(s) that will not, in the aggregate, exceed the price of the system or module less assembly costs. If this agreement is in effect at the end of the vehicle production program into which the Products covered by the Purchase Order are incorporated, Seller will also sell Products to Buyer to fulfill Buyer’s and its customers’ service and replacement parts requirements during the longer of (i) the period required by Buyer’s customer or (ii) a fifteen (15) year period following the end of such vehicle production program (the longer of (i) or (ii) shall be deemed the “Post Production PostProduction Period”), and this Contract will automatically remain in effect during the entire Post Production PostProduction Period. During the initial three (3) years of the Post Production PostProduction Period, the price(s) for such Products will be the production price(s) that were in effect at the commencement of the Post Production PostProduction Period. For the remainder of the Post Production PostProduction Period, the price(s) for such service Products will be as reasonably agreed to by the parties. If requested by Xxxxx, Seller will also make service literature and other materials available at no additional charge to support Buyer’s service activities.