Common use of SERVICE AND REPLACEMENT PARTS Clause in Contracts

SERVICE AND REPLACEMENT PARTS. For a period of three (3) years following final acceptance of the goods, Seller will sell to Buyer goods (or subcomponents thereof) necessary to fulfill Buyer’s service and replacement requirements at Buyer’s then current price(s) under this Contract (or Buyer’s list prices in effect at the time this Contract is issued). For the following seven (7) year period, Seller will continue to sell goods (or subcomponents thereof) to Buyer to fulfill Buyer’s service and replacement requirements at price(s) that are reasonably agreed to by the parties but, in no event, higher than the price offered by Seller to third parties for similar goods (or subcomponents thereof). If requested by Xxxxx, Seller will also make service literature and other materials available at no additional charge to support Buyer’s service activities.

Appears in 3 contracts

Samples: Machinery and Equipment Terms and Conditions, Machinery and Equipment Terms and Conditions, Machinery and Equipment Terms and Conditions

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SERVICE AND REPLACEMENT PARTS. For a period of three (3) years following final acceptance of the goods, Seller will sell to Buyer goods (or subcomponents thereof) necessary as requested by Buyer to fulfill Buyer’s service and replacement part requirements at Buyer’s then current price(s) under this Contract (or BuyerSeller’s list prices in effect at the time this Contract is issued). For the following seven (7) year period, Seller will continue to sell goods (or subcomponents thereof) to Buyer to fulfill Buyer’s service and replacement part requirements at price(s) that are reasonably agreed to by the parties but, in no event, higher than the lowest price offered by Seller to third parties for similar goods (or subcomponents thereof). If requested by Xxxxx, Seller will also make service literature and other materials available at no additional charge to support Buyer’s service activities.

Appears in 1 contract

Samples: Machinery and Equipment Terms and Conditions

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