Common use of Scrapped Material Clause in Contracts

Scrapped Material. The Buyer shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of [*] after submission of a claim for Inhouse Warranty credit relating thereto, [*]. Such parts shall be returned to the Seller [*] of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts which are beyond economic repair and not required for technical evaluation locally with the agreement of the Seller’s local representative. Scrapped Warranted Parts shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer.

Appears in 2 contracts

Sources: Purchase Agreement (Avianca Holdings S.A.), Purchase Agreement (Avianca Holdings S.A.)

Scrapped Material. The Buyer shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of [*] **after the date of completion of the repair or *** after submission of a claim for Inhouse Warranty credit relating thereto, [*]whichever is longer. Such parts shall be returned to the Seller [within *] ** of receipt of the Seller’s 's request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts parts, which are beyond economic repair and not required for technical evaluation locally locally, with the agreement of the Seller’s local representativeSeller Representative(s). Scrapped Warranted Parts shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 2 contracts

Sources: Purchase Agreement (China Southern Airlines Co LTD), Purchase Agreement (China Southern Airlines Co LTD)

Scrapped Material. The Buyer shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of [either *] *** after the date of completion of the repair or **** after submission of a claim for Inhouse Warranty credit relating thereto, [*]whichever is longer. Such parts shall be returned to the Seller [within *] *** of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts parts, which are beyond economic repair and not required for technical evaluation locally locally, with the agreement of the Seller’s local representativeSeller Representative(s). Scrapped Warranted Parts shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 2 contracts

Sources: Purchase Agreement (Avolon Holdings LTD), Purchase Agreement (Avolon Holdings LTD)

Scrapped Material. The Buyer shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of [***] after submission of a claim for Inhouse Warranty credit relating thereto, [*]whichever is longer. Such parts shall be returned to the Seller [***] of receipt of the Seller’s request to that effect. CSN - A350XWB - Clause 12 Privileged and Confidential Notwithstanding the foregoing, the Buyer may scrap any such defective parts parts, which are beyond economic repair and not required for technical evaluation locally locally, with the agreement of the Seller’s local representativeSeller Representative(s). Scrapped Warranted Parts shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Sources: Purchase Agreement (China Southern Airlines Co LTD)

Scrapped Material. The Buyer shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of [either *] ** after the date of completion of repair or *** after submission of a claim for Inhouse Warranty credit relating thereto, [*]whichever is longer. Such parts shall be returned to the Seller [within *] ** of receipt of the Seller’s 's request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts parts, which are beyond economic repair and not required for technical evaluation locally locally, with the agreement of the Seller’s local representativeSeller Representative(s). Scrapped Warranted Parts shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Sources: Aircraft General Terms Agreement (China Southern Airlines Co LTD)

Scrapped Material. The Buyer shall will retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of either [***] after the date of completion of the repair or [***] after submission of a claim for Inhouse Warranty credit relating thereto, [*]whichever is longer. Such parts shall will be returned to the Seller within [***] of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts parts, which are beyond economic repair and not required for technical evaluation locally locally, with the agreement of the Seller’s local representativeSeller Representative(s). Scrapped Warranted Parts shall will be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Sources: Letter Agreement (Frontier Group Holdings, Inc.)

Scrapped Material. The Buyer shall will retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of [either *] **** after the date of completion of the repair or ***** after submission of a claim for Inhouse Warranty credit relating thereto, [*]whichever is longer. Such parts shall will be returned to the Seller [within *] **** of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts parts, which are beyond economic repair and not required for technical evaluation locally locally, with the agreement of the Seller’s local representativeSeller Representative(s). Scrapped Warranted Parts shall will be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Sources: Letter Agreement (Frontier Group Holdings, Inc.)

Scrapped Material. The Buyer shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of [either *] **** after the date of completion of the repair or ***** after submission of a claim for Inhouse Warranty credit relating thereto, [*]whichever is longer. Such parts shall be returned to the Seller [within *] **** of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts parts, which are beyond economic repair and not required for technical evaluation locally locally, with the agreement of the Seller’s local representativeSeller representative(s). Scrapped Warranted Parts shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Sources: Assignment and Assumption Agreement (Frontier Group Holdings, Inc.)

Scrapped Material. The Buyer shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of [either *] ***after the date of completion of the repair or ****after submission of a claim for Inhouse Warranty credit relating thereto, [*]whichever is longer. Such parts shall be returned to the Seller [within *] ***of receipt of the Seller’s request to that effect. Notwithstanding the foregoing, the Buyer may scrap any such defective parts parts, which are beyond economic repair and not required for technical evaluation locally locally, with the agreement of the Seller’s local representativeSeller Representative(s). Scrapped Warranted Parts shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and shall be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Sources: Purchase Agreement (Avolon Holdings LTD)

Scrapped Material. The Buyer shall will retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during repair for a period of [either *] **** after the date of completion of the repair or ***** after submission of a claim for Inhouse Warranty credit relating thereto, [*]whichever is longer. Such parts shall will be returned to the Seller [within *] **** of receipt of the Seller’s request to that effect, unless otherwise agreed. Notwithstanding the foregoing, the Buyer may scrap any such defective parts parts, which are beyond economic repair and not required for technical evaluation locally locally, with the agreement of the Seller’s local representativeSeller Representative(s). Scrapped Warranted Parts shall will be evidenced by a record of scrapped material certified by an authorized representative of the Buyer and will be kept in the Buyer’s file for a least the duration of the applicable Warranty Period.

Appears in 1 contract

Sources: Purchase Agreement (Virgin America Inc.)