Spare Parts Clause Samples
The Spare Parts clause outlines the obligations and procedures related to the provision, supply, and availability of spare parts necessary for the maintenance and repair of goods or equipment covered by the contract. Typically, it specifies the duration for which the supplier must ensure spare parts are available, details on pricing, and the process for ordering or delivering these parts. This clause ensures that the buyer can maintain the operational functionality of the purchased goods over time, reducing downtime and mitigating the risk of obsolescence due to unavailable components.
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Spare Parts. 52.1 The Supplier may be required to provide any or all of the following materials, notifications, and information pertaining to spare parts manufactured or distributed by the Supplier.
(a) Such spare parts as the Purchaser may choose to purchase from the Supplier, provided that this election will not relieve the supplier of any warranty obligations under the contract; and
(b) In the event of termination of production of the spare parts:
(c) Advance notification to the Purchaser of the impending termination.
(d) Time to permit the Purchase to procure needed requirement; and following such termination, furnishing at no cost to the Purchaser, the blueprints, drawings, and specifications of the spare parts, if requested.
Spare Parts. Where practicable and available, and subject to applicable regulatory and other approvals, each Party shall provide the other Party with spare parts in the event of emergencies or equipment failures. The Parties shall mutually agree upon payment for or replacement of said spare parts. Seller presently occupies a minimal amount of space at the Purchased Assets for the purpose of storage of spare substation parts. Seller has the right to Maintain the storage of spare parts at the levels as of the time of the Closing. Such storage shall not interfere unreasonably with the Buyer's ongoing business operations, rights and obligations. The specific arrangements for the storage of spare parts by Seller shall be set forth in the Separation Document. If Buyer desires Seller to maintain spare parts that are not in Seller's possession, if Seller has the physical space to do so, Seller shall maintain said parts.
Spare Parts. Contractor shall be responsible for obtaining vendor recommendations for spare parts and delivering such recommendations and spare parts to Owner in accordance with Section 3.4 of the Agreement.
Spare Parts. 14.1 As specified in the SCC, the supplier may be required to provide any or all of the following materials, notifications, and information pertaining to spare parts manufactured or distributed by the supplier:
(a) such spare parts as the purchaser may elect to purchase from the supplier, provided that this election shall not relieve the supplier of any warranty obligations under the contract; and
(b) in the event of termination of production of the spare parts:
(i) Advance notification to the purchaser of the pending termination, in sufficient time to permit the purchaser to procure needed requirements; and
(ii) following such termination, furnishing at no cost to the purchaser, the blueprints, drawings, and specifications of the spare parts, if requested.
Spare Parts. (a) During the term of this Purchase Agreement and for a minimum period of five (5) years after termination or expiration of this Purchase Agreement, the Supplier shall make compatible spare parts for all components of each of the Products available for sale to the Purchaser. The spare parts shall be available to the Purchaser at prices equivalent to the prices the Supplier offers to the Supplier’s other customers for such spare parts.
(b) The Supplier warrants that the spare parts shall be free from defects in design, material and workmanship. This warranty shall apply for a period of twenty-four (24) months after delivery.
Spare Parts. 13.1 You must maintain spare parts (that are identical replacement parts) for all Goods supplied under this Contract for a period of 10 years from the date of delivery.
13.2 If you intend to cease supplying spare parts for the Goods, you must give us 12 months' written notice, or such lesser period that is reasonable in the circumstances, and must use reasonable endeavours to identify a replacement supplier of substantially similar replacement parts.
Spare Parts. The Supplier may be required to provide any or all of the following materials, notifications, and information pertaining to spare parts manufactured or distributed by the Supplier.
Spare Parts. 14.1 Without derogating from Supplier's undertaking to provide the Warranty, Supplier undertakes that during a period of twenty (20) years commencing on the date of issuance of the Final Acceptance Certificate, it will supply ISR with all Spare Parts and tools and updates necessary and recommended pursuant to (i) the Technical Specifications, (ii) the applicable manufacturer specifications, and (iii) the best professional practice, required for maintenance and for the repair of the TCTW or any part thereof, while assuring that the TCTW and all systems therein shall operate and perform to the maximum extent of its capabilities and in all respects in strict accordance with the terms and the conditions of this Agreement, including the Technical Specifications (the " Spare Parts").
14.2 Without derogating from the generality of Section 14.1, Supplier shall furnish a detailed Spare Parts List of all necessary and recommended Spare Parts and their prices, in the form attached hereto as Annex M within the Effective Date (the " Spare Parts List and Prices"). The Spare Parts List and Prices shall be in English or Hebrew and shall quote the delivery time, description, original manufacturer's name, part number of original manufacturer and the prices DAP ISR’s Site for each Spare Part, and subject to the terms specified in Section 10. The Spare Parts List and Prices shall be linked in accordance with the linkage mechanism set forth in the Consideration Annex. If Supplier foresees that it will be unable to manufacture and/or supply any or all Spare Parts, for any reason whatsoever, it shall notify ISR in writing six (6) months in advance, so that ISR can make any arrangements necessary to obtain alternate spare parts and Supplier shall support ISR in making all arrangements.
14.3 Notwithstanding the undertaking of Supplier to sell ISR the necessary Spare Parts for a period specified in Section 14.1 above, ISR shall be under no obligation whatsoever to acquire any Spare Parts from Supplier. ISR, in its sole discretion, shall decide if, and when, it will acquire the Spare Parts from Supplier during the relevant time period. Supplier shall support ISR in acquiring the Spare Parts even if ISR shall decide not to purchase the Spare Parts from Supplier.
Spare Parts. During the term of this Purchase Agreement and for a minimum period of five (5) years after termination or expiration of this Purchase Agreement, the Supplier shall make spare parts for all components of each of the Products available for sale to the Purchaser. The spare parts shall be available to the Purchaser at prices equivalent to the prices the Supplier offers to the Supplier’s other customers for such spare parts.
Spare Parts. 1Without derogating from Supplier's undertaking to provide the Warranty, Supplier undertakes that during a period of twenty (20) years commencing on the date of issuance of the Final Acceptance Certificate, it will supply ISR with all spare parts and tools and updates necessary and recommended pursuant to (i) the Technical Specifications, (ii) the applicable manufacturer specifications, and (iii) the best professional practice, required for maintenance and for the repair of the Machine or any part thereof, while assuring that the Machine and all systems therein shall operate and perform to the maximum extent of its capabilities and in all respects in strict accordance with the terms and the conditions of this Agreement, including the Technical Specifications (the "General Spare Parts").