Common use of Transponders Clause in Contracts

Transponders. a) The buyer agrees to use the equipment as well as systems of the same type only in conjunction with transponders provided by race result Australia. The buyer remains committed to these terms and conditions even if the system has been made available or rented out to third parties by the buyer. b) In case of a violation of aforementioned terms and conditions, the buyer will have to pay a penalty of AUD 50.000 and also fully account for any damages that are a result of the violation. c) The seller reserves the right to reduce system functionality until due payments have been done. d) So far, the seller has never increased the transponder prices and will not do so by more than 10% per year unless the economic circumstances require it. e) The seller can stop the supply of certain types of transponders as part of the development of its product portfolio. f) The buyer is entitled to a discount on passive transponders according to the current pricing model of the seller. These discounts only apply to events that the buyer organizes or times. The discounts do not apply to passive transponders the buyer resells to third parties. The seller may claim the reimbursement of undue discounts.

Transponders. a) The buyer agrees to use the equipment as well as systems of the same type only in conjunction with transponders provided by race result Australia. The buyer remains committed to these terms and conditions even if the system has been made available or rented out to third parties by the buyer. b) In case of a violation of aforementioned terms and conditions, the buyer will have to pay a penalty of AUD 50.000 and also fully account for any damages that are a result of the violation. c) The seller reserves the right to reduce system functionality until due payments have been done. d) So far, the seller has never increased the transponder prices and will not do so by more than 10% 10 per year unless the economic circumstances require it. e) The seller can stop the supply of certain types of transponders as part of the development of its product portfolio. f) The buyer is entitled to a discount on passive transponders according to the current pricing model of the seller. These discounts only apply to events that the buyer organizes or times. The discounts do not apply to passive transponders the buyer resells to third parties. The seller may claim the reimbursement of undue discounts.

Transponders. a) The buyer agrees to use the equipment as well as systems of the same type only in conjunction with transponders provided by race result AustraliaAG. The buyer remains committed to these terms and conditions even if the system has been made available or rented out to third parties by the buyer. b) In case of a violation of aforementioned terms and conditions, the buyer will have to pay a penalty of AUD EUR 50.000 and also fully account for any damages that are a result of the violation. c) The seller reserves the right to reduce system functionality until due payments have been done. d) So far, the seller has never increased the transponder prices and will not do so by more than 10% 10 per year unless the economic circumstances require it. e) The seller can stop the supply of certain types of transponders as part of the development of its product portfolio. f) The buyer is entitled to a discount on passive transponders according to the current pricing model of the seller. These discounts only apply to events that the buyer organizes or times. The discounts do not apply to passive transponders the buyer resells to third parties. The seller may claim the reimbursement of undue discounts.

Transponders. a) The buyer agrees to use the equipment as well as systems of the same type only in conjunction with transponders provided by race result Australia. Americas Inc.. The buyer remains committed to these terms and conditions even if the system has been made available or rented out to third parties by the buyer. b) In case of a violation of aforementioned terms and conditions, the buyer will have to pay a penalty of AUD 50.000 USD 50,000 and also fully account for any damages that are a result of the violation. c) The seller reserves the right to reduce system functionality until due payments have been done. d) So far, the seller has never increased the transponder prices and will not do so by more than 1010 % per year unless the economic circumstances require it. e) The seller can stop the supply of certain types of transponders as part of the development of its product portfolio. f) The buyer is entitled to a discount on passive transponders according to the current pricing model of the seller. These discounts only apply to events that the buyer organizes or times. The discounts do not apply to passive transponders the buyer resells to third parties. The seller may claim the reimbursement of undue discounts.