Exchange Components Sample Clauses
The "Exchange Components" clause defines the specific items, rights, or obligations that are to be exchanged between parties under an agreement. In practice, this clause lists and describes the assets, services, or deliverables each party is responsible for providing, such as goods, intellectual property, or payment. By clearly identifying what is being exchanged, the clause ensures both parties have a mutual understanding of their commitments, thereby reducing the risk of disputes and ensuring the transaction proceeds smoothly.
Exchange Components. Grass Valley will provide new or rebuilt components of equal or improved quality in good operating condition and in accordance with the then current specifications, as an exchange component to replace a defective component that is discrete, identifiable, serial numbered and that can be shipped as a complete component (“Exchange Component”). An Exchange Component may be an alternate component to replace the defective component, and shall meet or exceed the specifications of the replaced component. All defective components replaced by Grass Valley with an Exchange Component become the property of Grass Valley. Prior to dispatch of an Exchange Component, a Grass Valley technical phone support specialist, contacted by Customer, must determine a defective component is the cause of the malfunction and that it must be repaired or replaced.
Exchange Components. Grass Valley will provide new or rebuilt components of equal or improved quality in good operating condition and in accordance with the then current specifications, as an exchange component to replace the defective component (“Exchange Component”). An Exchange Component may be an alternate component to replace the defective component, and shall meet or exceed the specifications of the replaced component. All defective components replaced by Grass Valley with an Exchange Component become the property of Grass Valley. Prior to dispatch of an Exchange Component, a Grass Valley technical phone support specialist, contacted by Customer, must determine a defective component is the cause of the malfunction and that it must be repaired or replaced.
Exchange Components. Grass Valley will provide new or rebuilt components of equal or improved quality in good operating condition and in accordance with the then current specifications, as an exchange component to replace the defective component. Exchange components may be an alternate component to replace the defective component, and shall meet or exceed the specifications of the replaced component. All components replaced by Grass Valley with an exchanged component become the property of Grass Valley. Prior to dispatch of a replacement component, a Grass Valley technical phone support specialist, contacted by Customer pursuant to Section 1.1 above, must determine a defective component is the cause of the malfunction and that it must be repaired or replaced.
Exchange Components. Supplier Exchange Components, Other Exchange Components, and Recon: Supplier will administer the Supplier exchange component warranty and the warranties of other manufacturers' exchange components or Recon Components which are sold by Supplier. In the event of defects in such items, only manufacturers' warranties will apply.