Common use of Service Parts Clause in Contracts

Service Parts. 10.1 Seller shall supply and maintain a reasonable inventory of spare and replacement parts (“Service Parts”) for the duration of the reasonable life of the Supplies needed to fulfill Buyer and Buyer’s customer's service and replacement requirements at reasonable prices. If Seller discontinues the manufacture or supply of any Service Parts, it shall inform Xxxxx at least six (6) months before such discontinuation in order to give Buyer the opportunity to place a final order.

Appears in 3 contracts

Samples: klineind.com, www.klineind.com, klineind.com

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Service Parts. 10.1 Seller shall supply and maintain a reasonable inventory of spare and replacement parts (“Service Parts”) for the duration of the reasonable life of the Supplies needed to fulfill Buyer and Buyer’s customer's service and replacement requirements at reasonable prices. If Seller discontinues the manufacture or supply of any Service Parts, it shall inform Xxxxx Buyer at least six (6) months before such discontinuation in order to give Buyer the opportunity to place a final order.

Appears in 2 contracts

Samples: gle-precision.com, gle-precision.com

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