Spare Parts Inventory Clause Samples
POPULAR SAMPLE Copied 9 times
Spare Parts Inventory. (a) Seller shall provide and include in the Purchase Price all spares and consumables necessary for the complete performance of the Work through Final Acceptance and through the Acceptance Period. Such spares and consumables shall be located at Site and immediately available to ensure all works, testing and reliability testing continues unimpeded by such unavailability of onsite spares and consumables.
(b) Seller shall prepare a proposed list of spare parts for the Work to be available one hundred eighty (180) days prior to the Guaranteed Substantial Completion Date. Seller shall submit the proposed inventory of spare parts to Buyer in a timely fashion so as to permit thirty (30) days for Buyer to review the list and for Buyer, in Buyer’s sole discretion, to procure such spare parts or, at Buyer’s option pursuant to a Change Order, to direct Seller to procure such spare parts and have such spare parts delivered to the Site or cause such spare parts to be procured and delivered to the Site, to the extent practical, prior to the Guaranteed Substantial Completion Date. The proposed inventory of spare parts shall describe each component in detail, identify the manufacturer and supplier thereof and set forth the cost and lead time of such item. Upon the request of ▇▇▇▇▇, Seller shall meet with ▇▇▇▇▇ and its designees to discuss the proposed inventory of spare parts. If available, Buyer shall allow Seller to use any spare parts owned by Buyer, but in no event shall Buyer be liable or shall Seller be entitled to a Change Order in the event that the absence of any particular spare part or parts impacts completion of the Work.
(c) In the event Seller uses Buyer’s spare parts, such spare parts shall be expeditiously replaced by Seller at its sole cost and expense.
(d) Buyer does not warrant the condition, quality, suitability, absence of defects, fitness for any purpose or aspect of any Buyer-supplied spare part and if a Seller uses any Buyer-supplied spare part, it does so at its own risk.
Spare Parts Inventory. Prior to Closing, Jay ▇▇▇omotive Group will amend its federal income tax returns for tax years 1994, 1995 and 1996, and will prepare and file its federal income tax return for 1997, to reflect the spare parts inventory adjustments, and the tax year allocations of those adjustments, made by Ernst & Young. If the Closing does not occur for any reason, Sunbelt Automotive Group and Boom▇▇▇▇▇▇▇ ▇▇▇omotive Group will reimburse Jay ▇▇▇omotive Group for the difference between (i) the interest paid by Jay ▇▇▇omotive Group as a result of the allocation of the spare parts inventory adjustments to the 1994, 1995 and 1996 amended federal tax returns and (ii) the interest which would have been paid by Jay ▇▇▇omotive Group if the spare parts inventory adjustments had all been allocated to Jay ▇▇▇omotive Group's 1997 federal tax return.
Spare Parts Inventory.
(a) Seller shall provide and include in the Purchase Price all spares and consumables necessary for the complete performance of the Work through Final Acceptance and through the Closing. Such spares and consumables shall be located at Site and immediately available to ensure all works, testing and reliability testing continues unimpeded by such unavailability of onsite spares and consumables.
(b) Seller shall prepare a proposed list of spare parts for the Work to be available one hundred eighty (180) days prior to the Guaranteed Substantial Completion Date. Seller shall submit the proposed inventory of spare parts to Buyer in a timely fashion so as to permit thirty
Spare Parts Inventory. The pricing set forth in Sections 7.1.1, 7.1.2 --------------------- and 7.
Spare Parts Inventory. To ensure availability of spare parts in accordance with published lead time, spare parts provisioning maintains a modern, comprehensive requirements planning and inventory management system which is responsive to changes in Spirit’s demand, special support programs and engineering design. Organized on an engine model basis, this system is intended to maintain part availability for delivery to customers consistent with published lead times. A majority of parts in the spare parts inventory are continually controlled by an Automatic Forecasting and Ordering System. Those parts which do not lend themselves to automatic control due to supercedure, unusual usage or conversion requirements are under the direct manual control of Spares Planning personnel. As additional protection against changes in production lead time or unpredicted demand, certain raw materials are also inventoried. Successful inventory management is keyed to accurate requirements planning. In support of the requirements planning effort, a wide ranging data retrieval and analysis program is offered. This program concerns itself both with the customer logistics and technical considerations as follows: • Forecasts of life limited parts requirements are requested and received semi-annually from major customers. Based on the size of Spirit’s order, Spirit shall be considered a major customer. • Engine technical conferences are held frequently within IAE to assess the impact of technical problems on parts. • For a selected group of parts a provisioning conference system is offered which considers actual part inventory change, including usage and receipts, as reported monthly by participating customers. *****Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 5.1.5 Packaging All material is packaged in general compliance with Air Transport Association of America (ATA) Specification No. 300.
Spare Parts Inventory. Ensure sufficient parts inventory for period of performance.
Spare Parts Inventory. To ensure availability of spare parts in accordance with published lead time, spare parts provisioning maintains a modern, comprehensive requirements planning and inventory management system which is responsive to changes in customer demand, special support programs and engineering design. Organized on an engine model basis, this system is intended to maintain part availability for delivery to customers consistent with published lead times. A majority of parts in the spare parts inventory are continually controlled by an Automatic Forecasting and Ordering System. Those parts which do not lend themselves to automatic control due to supercedure, unusual usage or conversion requirements are under the direct manual control of Spares Planning personnel. As additional protection against changes in production lead time or unpredicted demand, certain raw materials are also inventoried. Successful inventory management is keyed to accurate requirements planning. In support of the requirements planning effort, a wide ranging data retrieval and analysis program is offered. This program concerns itself both with the customer logistics and technical considerations as follows: - Forecasts of life limited parts requirements are requested and received semi-annually from major customers. . - Engine technical conferences are held frequently within IAE to assess the impact of technical problems on parts. - For a selected group of parts a provisioning conference system is offered which considers actual part inventory change, including usage and receipts, as reported monthly by participating customers.
Spare Parts Inventory. Agent will maintain a spare parts inventory at its cost, as detailed under Exhibit G, to support Customers. Accuray currently offer three (3) different Agent Spare Parts Kits, and Agent may select which Spare Parts Kit it wishes to purchase, provided, however, that Agent will maintain at least a Kit A for so long as there are two (2) CyberKnife Systems installed in the Territory, and a Kit B for so long as there are three (3) or more CyberKnife Systems installed in the Territory. Agent is willing to ship spare parts to locations outside the Territory as requested by Accuray, and Accuray will reimburse Agent for the direct cost of such activity.
Spare Parts Inventory. The supplier is obligated to keep an inventory of spare parts for goods supplied to SEW- EURODRIVE; for a minimum of five (5) years for ordered goods totaling less than 5,000 euro net per year and ten (10) years for orders totaling more than 5,000 euro net per year. This obligation to keep an inventory of spare parts shall not apply if a need for spare part supplies is not recognizable from the type of delivery.
Spare Parts Inventory. In support of this Agreement, the Customer should maintain an inventory of Clever Devices’ system components at the recommended level for use during completion of repairs. The Customer’s Technician shall remove and replace a defective component with a spare and send the defective component to Clever Devices for analysis and repair or replacement. Shipping fees for repair units are covered on an individual event basis and not included in the service price. If there is no unit in the spares pool to support remove/replace/restoration activity, the repair will be delayed until spare equipment is delivered to the property.