Common use of SERVICE AND REPLACEMENT PARTS Clause in Contracts

SERVICE AND REPLACEMENT PARTS. (a) At Buyer’s request, Seller will sell to Buyer the Products of this Purchase Order for production parts or components necessary to fulfill Buyer’s service parts requirements to its customer for such Products at the prices specified in the Purchase Order plus any actual cost differential for packaging. (b) At Buyer’s request during the ten-year period after Buyer completes current model purchases for its customer, Seller will sell to Buyer Products to fulfill Buyer’s customer’s past model service and replacement requirements at the prices specified in this Purchase Order plus actual cost differentials for packaging and manufacturing. During the tenth year of such period, Buyer and Seller will negotiate in good faith with regard to Seller’s continued manufacture of service and replacement Products.

Appears in 3 contracts

Samples: Purchase Order, Purchase Order, Purchase Order

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SERVICE AND REPLACEMENT PARTS. (a) At Buyer’s 's request, Seller will sell to Buyer the Products of this Purchase Order for production Production parts or components necessary to fulfill Buyer’s 's service parts requirements to its customer for such Products at the prices specified in the Purchase Order plus any actual cost differential for packaging. (b) At Buyer’s 's request during the tenfifteen-year period after Buyer completes current model purchases for its customer, Seller will sell to Buyer Products to fulfill Buyer’s 's customer’s 's past model service and replacement requirements at the prices specified in this Purchase Order plus actual cost differentials for packaging and manufacturing. During the tenth fifteenth year of such period, Buyer and Seller will negotiate in good faith with regard to Seller’s 's continued manufacture of service and replacement Products.

Appears in 1 contract

Samples: Purchase Order

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