NRE Services definition
Examples of NRE Services in a sentence
All NRE Services provided pursuant to this Supply Agreement shall be in accordance with the Research and Development Agreement entered into between the parties concurrently herewith.
Purchase orders for NRE Services will be deemed accepted by IBM unless rejected in writing by IBM, specifying the reasons for rejection, within fourteen (14) calendar days after IBM's receipt of such purchase order.
Section 4.9 of the Bancard Disclosure Schedule lists all material contracts and other agreements to which Bancard is a party.
The Parties shall negotiate in good faith the terms and conditions and any applicable pricing for such NRE Services.
Each party agrees to indemnify, defend, and hold harmless the other party from and against any liabilities, costs, losses, damages and expenses (including reasonable attorneys’ fees actually incurred) arising from any claim or action against or incurred by the other party for any claim for personal injury or real or tangible property damage, to the extent such damages are caused by the action or inaction of indemnifying party’s personnel while SEPAC is performing NRE Services at Customer’s facility.
SEPAC shall render the NRE Services in compliance with all applicable laws, in accordance with generally accepted engineering standards and practices, and pursuant to the specifications (if any) described by Customer in the Order.
In the event of any material failure to meet such standard, Customer’s exclusive remedy and SEPAC’s sole responsibility shall be for SEPAC to re-perform the NRE Services or, if in SEPAC’s discretion it is not commercially reasonable to re-perform the NRE Services, provide Customer with a refund of the fees paid by Customer in respect of such non-conforming NRE Services.
SEPAC will submit an invoice(s) listing a description of the NRE Services provided.
Without limiting the foregoing, prior to the execution of any Schedule or statement of work involving non-recurring engineering services (“NRE Services”), Consultant and AOL shall work together to prepare a detailed proposal for NRE Services, which proposal shall include, without limitation, all major assumptions on which the NRE Services are based (e.g., pricing, use and applicability of NRE Services, etc.).
SEPAC warrants that it will render the NRE Services in a good and workmanlike manner.