SPARE PARTS LOGISTICS Sample Clauses

SPARE PARTS LOGISTICS. All spare parts necessary to repair the Stereotaxis Products shall be provided to Siemens at no charge.
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SPARE PARTS LOGISTICS. A. As a condition to Davox furnishing Technical Support hereunder, Datapoint shall purchase appropriate spare parts from Davox. The contents and prices of Spare Parts Kits are as set forth on Schedule I hereto. The number of Spare Parts Kits shall coincide with the number of Systems under Technical Support, in accordance with the matrix in Schedule I. B. Davox will ship replacement Equipment components to Datapoint, at Davox expense. Datapoint will return the replacement component to the Spare Parts Kit. Datapoint shall be responsible for removing the failed component and installing the functioning component. Datapoint shall return the failed component to Davox via surface carrier, at Datapoint's expense, using the packaging and return label provided with the replacement component. Failed components must be returned to Davox within twenty-one (21) days of receipt of the replacement component(s) or Datapoint shall be deemed to have purchased the replacement component(s) at Davox then prevailing list price for such component and Davox shall issue an invoice which shall be due in thirty (30) days from the date thereof. C. When in the course of furnishing Support Services hereunder, the support calls for Davox to replace a defective or malfunctioning component of the Equipment and furnish a functioning component, the replacement component shall become the property of Datapoint, or as applicable, the owner of the System, and the removed component shall become the property of Davox. D. Upon the expiration of this Agreement, Davox shall repurchase any spare parts acquired under this Section 4, then in the possession of Datapoint acquired for use by and held for BT. Davox shall be permitted to evaluate the spares parts prior to purchase and those spare parts determined to be in good working order shall be purchased at a price equal to the price of the spare parts at cost less 20% annual depreciation measured from the time of purchase. Datapoint shall provide Davox with a list, annually, of the spare parts which Datapoint holds for BT and which may in the future qualify for repurchase.
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Related to SPARE PARTS LOGISTICS

  • Spare Parts 14.1 As specified, the supplier may be required to provide any or all of the following materials, notifications, and information pertaining to spare parts manufactured or distributed by the supplier: (a) such spare parts as the purchaser may elect to purchase from the supplier, provided that this election shall not relieve the supplier of any warranty obligations under the contract and; (b) In the event of termination of production of the spare parts: (i) advance notification to the purchaser of the pending termination, in sufficient time to permit the purchaser to procure needed requirements and; (ii) Following such termination, furnishing at no cost to the purchaser, the blueprints, drawings, and specifications of the spare parts, if requested.

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