Common use of Material Disposition Clause in Contracts

Material Disposition. 10.1 With respect to work covered under the Services Rate, Equipment or parts thereof received from Buyer, which in the reasonable opinion of ▇▇▇▇▇ & Whitney have no value other than as scrap because they cannot be repaired to a serviceable condition, shall be disposed of by ▇▇▇▇▇ & ▇▇▇▇▇▇▇, and no accountability or liability for such parts shall be imposed on ▇▇▇▇▇ & Whitney by Buyer. Title to all such Equipment shall vest in ▇▇▇▇▇ & ▇▇▇▇▇▇▇. 10.2 With respect to Excess Work, Equipment or parts thereof received from Buyer, which in the reasonable opinion of ▇▇▇▇▇ & Whitney have no value other than as scrap because they cannot be repaired to a serviceable condition, shall be disposed of by ▇▇▇▇▇ & ▇▇▇▇▇▇▇, and no accountability or liability for such parts shall be imposed on ▇▇▇▇▇ & Whitney by Buyer. ▇▇▇▇▇ & ▇▇▇▇▇▇▇ agrees, however, to return to Buyer, at Buyer's expense, parts which are either scrap, superseded or uneconomical to repair if so indicated on the face of Buyer's Purchase Order or supplement thereto. In any event, Buyer's instructions regarding scrap disposition must be received by ▇▇▇▇▇ & Whitney within thirty (30) days after shipment of an engine to Buyer or all scrap will be disposed of locally. To assist Buyer in identification of scrap parts returned at its request, such scrap may be shipped in an altered state which will indicate that it is clearly unfit for service use. 10.3 With respect to Excess Work, parts for which there are currently no repair procedures and which, in the opinion of ▇▇▇▇▇ & ▇▇▇▇▇▇▇, have potential to be repaired to a serviceable condition sometime in the future, shall be returned, unaltered, to Buyer at Buyer's expense.