Exchange Component definition

Exchange Component means any Goods sold by Absolute Aircraft Parts to the Customer in terms of an Exchange Sale;
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Exchange Component means a Component that is provided as part of the Exchange Program by AVEOS.
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Exchange Component means a Component, APU or Landing Gear provided to Customer by Supplier by way of Advance Exchange in return for Customer’s Unserviceable Component in accordance with the provisions of this Schedule.
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Examples of Exchange Component in a sentence

  • All defective components replaced by Grass Valley with an Exchange Component become the property of Grass Valley.

  • Grass Valley shall pay shipping charges for the Exchange Component to Customer.

  • Upon receipt of the Exchange Component, Customer has thirty (30) calendar days to tender the defective component to the return carrier for shipment to Grass Valley’s service center.

  • Prior to dispatch of an Exchange Component, a Grass Valley technical phone support specialist, contacted by Customer, must determine a defective component is the cause of the malfunction and that it must be repaired or replaced.

  • Grass Valley shall bear the risk of loss or damage while the Exchange Component is in transit to Customer from the service center.

  • If Customer fails to return the defective component to the specified carrier, Customer will be invoiced for the Exchange Component at its then current Grass Valley published list price.

  • An Exchange Component may be an alternate component to replace the defective component, and shall meet or exceed the specifications of the replaced component.

  • Grass Valley will ship an Exchange Component to Customer within the applicable time specified in the Table set forth in Section 5 for all Critical Failures (as defined below) and within a commercially reasonable time for all other failures provided an Exchange Component is needed to solve the reported problem.

  • For Purchase Orders relating to the replacement of an Exchange Component (as defined below) under an Advance Exchange Hardware service agreed to by Grass Valley pursuant to Customer purchased GV Foundation, GV Prime, and GV Prime Plus Support Agreement or other Proposal/Contract specifically providing for the same, upon receipt of the Exchange Component, Customer has thirty (30) calendar days to tender the defective component to the return carrier for shipment to Grass Valley’s service center.

  • Grass Valley will ship an Exchange Component to Customer within the time specified in the Table set forth in Section 10.4 for all Critical Failures and within a commercially reasonable time for all other failures provided an Exchange Component is needed to solve the reported problem.

Related to Exchange Component

  • Exchange Contract means a contract for Commodity approved by SFC and the HKFE for trading on one of the markets from time to time established and operated by the HKFE which may result in a Futures Contract and/or an Options Contract.

  • Securities and Exchange Commission means the United States Securities and Exchange Commission.

  • Exchange Consideration shall have the meaning set forth in Section 11(b)(i).