Common use of Replacement Goods Clause in Contracts

Replacement Goods. 6.1. [CONFIDENTIAL TREATMENT REQUESTED] any Goods identified by an Authorized Purchaser as [CONFIDENTIAL TREATMENT REQUESTED] and returned to Supplier during the Warranty Period, [CONFIDENTIAL TREATMENT REQUESTED] INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED MATERIAL HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. regardless of the reason for [CONFIDENTIAL TREATMENT REQUESTED], even if the [CONFIDENTIAL TREATMENT REQUESTED] is due to abuse, misuse, negligence, accident, alteration, or faulty repair after shipment, or even if Supplier later identifies the Goods as [CONFIDENTIAL TREATMENT REQUESTED]. In the event that Supplier finds that [CONFIDENTIAL TREATMENT REQUESTED] quantities of Goods are identified by an Authorized Purchaser as [CONFIDENTIAL TREATMENT REQUESTED] and returned to Supplier, then Supplier shall [CONFIDENTIAL TREATMENT REQUESTED] will cooperate to resolve the issue as expediently as possible. 6.2. To support Apple’s ability to replace [CONFIDENTIAL TREATMENT REQUESTED] Goods in an Apple product, Supplier shall, at least [CONFIDENTIAL TREATMENT REQUESTED] before Apple first ships the Apple product and [CONFIDENTIAL TREATMENT REQUESTED] to Apple, deliver to Apple an initial inventory of replacement Goods equal to A x B, where: A = the projected [CONFIDENTIAL TREATMENT REQUESTED]. B = the projected [CONFIDENTIAL TREATMENT REQUESTED]. 6.3. Supplier shall sell Goods to Authorized Purchasers for at least [CONFIDENTIAL TREATMENT REQUESTED] of production of the last Apple product that uses the Goods. The price of such Goods will [CONFIDENTIAL TREATMENT REQUESTED] the price of the last unit of new Goods [CONFIDENTIAL TREATMENT REQUESTED] product.

Appears in 2 contracts

Sources: Master Development and Supply Agreement, Master Development and Supply Agreement (Multi Fineline Electronix Inc)