Replacement operation definition
Replacement operation the operation that replaces the product stock that APETRA maintains in a storage facility by a similar product with the same or new specifications in the same or an other storage facility. These operations are conducted in conformity with the dispositions of the Framework Agreement for the Replacement of Products.
Examples of Replacement operation in a sentence
The Individual Purchase Contract determines the specifics of a given Replacement operation.
Replacement operation: the operation that replaces the product stock that APETRA maintains in a storage facility by a similar product with the same or new specifications in the same or an other storage facility.
A Selected Partner which sends in a tender that is accepted by APETRA becomes APETRA’s Partner for a specific Replacement operation.