Service Exchange definition

Service Exchange means the Company’s exchange of Refurbished Goods with the Purchaser’s prior, simultaneous or subsequent supply of a Core to the Company for refurbishment at the Purchaser’s cost.

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Service Exchange is an interconnection solution that is designed to enable on-demand direct access to various third parties or end- points on the switching infrastructure within the same data center or connected to certain data centers. The Service Exchange is only available at certain data centers owned, controlled, or managed by Digital Realty Trust, L.P. or its affiliates (each an “Service Exchange Supported DC”) and/or end-points connected to those Service Exchange Supported DCs.

Service Exchange means the exchange of a product shipped by Customer to Supplier with a new or refurbished Good of the same type.

Examples of Service Exchange in a sentence

• The Warranty Period applicable to the new Drive Unit delivered to the Customer in connection with a Service Exchange shall be the remainder of the Warranty Period applicable to the original, defective unit, but in no event less than ninety (90) days from the Acceptance Date of the new unit.

• If the Service Exchange is requested within the first thirty (30) days of the Acceptance Date of the defective Drive Unit, the new Drive Unit will be provided to the Customer at no charge).

• If a new Drive Unit is available for Service Exchange, the Supplier shall give notice thereof as soon as practicable, which notice shall indicate the terms and conditions of such Service Exchange, including the price and shipment date thereof.

• If the Customer and the Supplier agree to effect a Service Exchange, the Customer and the Supplier shall enter into a Purchase Order setting out the terms and conditions thereof, including with respect to (i) pricing and shipment date of the replacement Drive Unit and (ii) the return of the defective Drive Unit.

More Definitions of Service Exchange

Service Exchange means the supply of Replacement Goods by the Company to the Customer and the delivery of the exchanged goods by the Customer to the Company;

Service Exchange means the exchange of the Customer’s own part for a new, reconditioned or used Good supplied by BMG Parts.‌

Service Exchange means the exchange of the Purchaser's own used part for a new, remanufactured or used part supplied by Komatsu.

Service Exchange shall have the meaning set forth in Section 4.6.