Common use of Spare Parts Availability Clause in Contracts

Spare Parts Availability. Seller will maintain the capability to supply, and shall provide, spare parts (i.e., the entire Goods or portions of the Goods) and technical support for the Offerings during the term of this Agreement and for a period of fifteen (15) years thereafter (or longer period as may be required by law applicable to Buyer or Seller) under the terms and conditions of this Agreement. Seller will give Buyer a last time buy option at the end of such period, and will notify Buyer in writing at least one hundred twenty (120) days prior to the conclusion of such period. Seller will notify Buyer in writing at least one hundred twenty (120) days prior to Seller’s withdrawal of any Goods or components thereof, and such withdrawal will not occur during the term of the Agreement or the fifteen (15) year period described in this Section, and will not affect Seller’s responsibilities under this Section related to spare parts availability or technical support.

Spare Parts Availability. Seller will maintain the capability to supply, and shall provide, spare parts (i.e., the entire Goods or portions of the Goods) and technical support for the Offerings during the term of this Agreement and for a period of fifteen (15) years thereafter (or longer period as may be required by law applicable to Buyer or Seller) under the terms and conditions of the this Agreement. Seller will give Buyer a last time buy option at the end of such period, and will notify Buyer in writing at least one hundred twenty (120) days prior to the conclusion of such period. Seller will notify Buyer in writing at least one hundred twenty (120) days prior to Seller’s withdrawal of any Goods or components thereof, and such withdrawal will not occur during the term of the Agreement or the fifteen (15) year period described in this Section, and will not affect Seller’s responsibilities under this Section related to spare parts availability or technical support.