Common use of The Provision of Spare Parts Clause in Contracts

The Provision of Spare Parts. a. Irrespective of whether the Purchase Agreement is still valid and whether the Buyer’s and the Supplier's business cooperation continues or not, the Supplier is obligated to provide spare parts to the Buyer for at least seven (7) years, or fifteen (15) years in the case of Goods/Raw Materials entering the automotive industry, counted from the date of the last serial delivery of Goods/Raw Materials for serial installation.