Common use of Service Parts Clause in Contracts

Service Parts. 9.1 For Products used in motor vehicle manufacturing, during the fifteen-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. During the fifteenth year of such period, Buyer and Seller will negotiate in good faith with regard to Seller's continued manufacture of service and replacement Products. All such parts will be sold at the prices specified in this Order plus actual cost differentials for packaging and manufacturing; provided, however, that such price adjustment, if any, shall become effective no sooner than six (6) months following the end of serial production. 9.2 If the Products are systems or modules, Seller will sell each component or part for service or replacement purposes at a price that does not, in the aggregate, exceed the system or module price specified in the Order, less assembly costs, plus any actual cost differential for packaging.