Common use of SERVICE AND REPLACEMENT PARTS Clause in Contracts

SERVICE AND REPLACEMENT PARTS. (a) Seller acknowledges that the Buyer is obligated to provide the material and work covered by this order to its products for the expected life of those products. Seller agrees that in the event this order is cancelled pursuant to the provisions of the Terms and Conditions of this Purchase Order or in the event that Seller fails or is unable to provide the above support, Seller shall immediately provide Buyer with all drawings, data and technical information necessary for the manufacture of the material and work covered by this order and Buyer shall have the right to manufacture or have manufactured for it the material and work covered by this order. (b) Seller shall: i. maintain in inventory an adequate quantity of Goods as necessary to fulfill all of Buyer’s Requirements (as defined herein) for a minimum period of three (3) years following Contract initiation; ii. supply to Buyer all of Buyer’s Requirements for a minimum period of thirty (30) years following Contract initiation (“Required Inventory Term”); and iii. maintain all supplies and items (including drawings, specifications, tooling, fixtures, gauges) necessary for Buyer’s Requirements for the Required Inventory Term (“Required Supplies”). (c) In the event Seller determines that it is unable to comply with (a) above, Seller shall: i. provide Buyer with a minimum of twelve (12) months prior written notice before Seller takes any action to discontinue its supply of Buyer’s Requirements, and ii. make available to Buyer, without restriction, all Required Supplies as Buyer may deem necessary to facilitate Buyers ongoing supply of Goods. (d) Unless otherwise agreed to by Xxxxx, the price(s) for the Goods during the first three (3) years following Contract initiation shall be fixed. For the remainder of the Required Inventory Term, the price(s) for the Goods shall be as agreed to by Xxxxx and Seller. Upon Buyer’s request, Seller shall make service literature, technical support documentation, and other similar materials available to Buyer, at no additional charge, to support Buyer’s service parts activities. (e) For the purposes of this Article, “Buyer’s Requirements” shall mean all Goods required for use in Buyer’s manufacturing and service parts operations, and Buyer’s rebuild, power, marine and industrial businesses.

SERVICE AND REPLACEMENT PARTS. (a) Seller acknowledges that the Buyer is obligated to provide the material and work covered by this order to its products for the expected life of those products. Seller agrees that in the event this order is cancelled pursuant to the provisions of the Terms and Conditions of this Purchase Order or in the event that Seller fails or is unable to provide the above support, Seller shall immediately provide Buyer with all drawings, data and technical information necessary for the manufacture of the material and work covered by this order and Buyer shall have the right to manufacture or have manufactured for it the material and work covered by this order. (b) Seller shall: i. maintain in inventory an adequate quantity of Goods as necessary to fulfill all of Buyer’s Requirements (as defined herein) for a minimum period of three (3) years following Contract initiation; ii. supply to Buyer all of Buyer’s Requirements for a minimum period of thirty (30) years following Contract initiation (“Required Inventory Term”); and iii. maintain all supplies and items (including drawings, specifications, tooling, fixtures, gauges) necessary for Buyer’s Requirements for the Required Inventory Term (“Required Supplies”). (c) In the event Seller determines that it is unable to comply with (ab) above, Seller shall: i. provide Buyer with a minimum of twelve (12) months prior written notice before Seller takes any action to discontinue its supply of Buyer’s Requirements, and ii. make available to Buyer, without restriction, all Required Supplies as Buyer may deem necessary to facilitate Buyers ongoing supply of Goods. (d) Unless otherwise agreed to by Xxxxx, the price(s) for the Goods during the first three (3) years following Contract initiation shall be fixed. For the remainder of the Required Inventory Term, the price(s) for the Goods shall be as agreed to by Xxxxx and Seller. Upon Buyer’s request, Seller shall make service literature, technical support documentation, and other similar materials available to Buyer, at no additional charge, to support Buyer’s service parts activities. (e) For the purposes of this Articlearticle, “Buyer’s Requirements” shall mean all Goods required for use in Buyer’s manufacturing and service parts operations, and Buyer’s rebuild, power, marine and industrial businesses.

SERVICE AND REPLACEMENT PARTS. Seller will sell to Buyer goods necessary for Buyer to fulfill all of Buyer’s requirements for goods for use in its manufacturing operations and related service parts, rebuild, power, marine and industrial businesses (a“Buyer’s Requirements”) Seller acknowledges that at the Buyer is obligated to provide the material and work covered by price(s) set forth in this order to its products for the expected life of those productscontract. Seller agrees that in the event this order is cancelled pursuant to the provisions of the Terms and Conditions of this Purchase Order or in the event that Seller fails or is unable to provide the above support, Seller shall immediately provide Buyer with all drawings, data and technical information necessary for the manufacture of the material and work covered by this order and Buyer shall have the right to manufacture or have manufactured for it the material and work covered by this order. will also (bi) Seller shall: i. maintain in inventory an adequate quantity of Goods goods as necessary to fulfill all of Buyer’s Requirements (as defined herein) for goods for a minimum period of three (3) years following Contract contract initiation; ; and (ii. ) be required to supply to Buyer for a minimum period of 30 years following contract initiation all of Buyer’s Requirements for a minimum period of thirty (30) years following Contract initiation (“Required Inventory Term”); and and (iii. ) maintain for the Required Inventory Term all supplies and items (including drawings, specifications, tooling, fixtures, gauges) , etc. as may be necessary for the supply of goods to Buyer hereunder. In the event Seller determines that it shall be unable to supply Buyer’s Requirements for the Required Inventory Term (“Required Supplies”). (c) In the event Term, Seller determines that it is unable required to comply with (a) above, Seller shall: i. provide Buyer with a minimum of twelve (12) 12 months prior written notice before Seller takes any action to may discontinue its supply of Buyer’s Requirements, and ii. ; and (b) make available to Buyer, without restrictionrestrictions, all Required Supplies drawings, specifications, tooling, fixtures, gauges etc. as Buyer may deem necessary to facilitate Buyers ongoing supply of Goods. (d) goods. Unless otherwise agreed to by Xxxxx, the price(s) for the Goods during the first three (3) years following Contract contract initiation shall be held fixed. For the remainder of the Required Inventory Term, the price(s) for the Goods goods shall be as agreed to by Xxxxx and Seller. Upon Buyer’s requestWhen requested by Xxxxx, Seller shall make service literature, technical support documentation, literature and other similar materials available to Buyer, at no additional charge, charge to support Buyer’s service parts part sales activities. (e) For the purposes of this Article, “Buyer’s Requirements” shall mean all Goods required for use in Buyer’s manufacturing and service parts operations, and Buyer’s rebuild, power, marine and industrial businesses.