Common use of Systemic Defects Definition Clause in Contracts

Systemic Defects Definition. Systemic Defects" shall mean a defect in the design, materials, or manufacturing which occurs in identical or substantially similar form or from a substantially similar cause (i) in at least twenty (20) percent of the units of Product delivered, when less than 100 units are delivered in any particular sixty (60) day period; or (ii) in at least ten (10) percent of the units of Product delivered, when 100 or more units are delivered in any sixty (60) day period; or (iii) more than ten (10) percent of the units of Product(s) which are in XEROX' inventory or which are installed at customer locations.

Appears in 2 contracts

Sources: Master Supply and Distribution Agreement (Presstek Inc /De/), Master Supply and Distribution Agreement (Presstek Inc /De/)