Replacement Vendor definition
Examples of Replacement Vendor in a sentence
The scope of the license granted to the Replacement Vendor shall extend only to fulfill Contractor's obligations hereunder as if the Agreement had not been terminated.
If a Vendor Credit Support Instrument requires the delivery of any financial assurances upon any event, and such Vendor Credit Support Instrument has not been terminated, cancelled or returned as contemplated in Section 5.9(1) due to the failure by the Purchaser Parties to file Replacement Vendor Credit Support Instruments, following the Closing the Purchaser Parties shall deliver to the beneficiary of such Vendor Credit Support Instrument such financial assurances in a timely manner.
In addition, following the Termination Date, Contractor agrees to license its Gateway Terminal IP (including the Contractor Background Information and the Gateway Terminal IP for the modem ***) to AIL or its Replacement Vendor as defined in and in accordance with Section 22.3(a) or, at AIL's election, manufacture and/or sell the modem and ***to AIL and its authorized purchasers at commercially reasonable prices.
Under Advance Replacement, Vendor will process the advanced replacement part(s) within the next four (4) business hours after receiving a confirmed service request from the Owner, provided that the Owner agrees to return the original faulty part(s) to the Vendor Spare Parts Center within 15 calendar days.