Examples of Service Parts in a sentence
The prices for current model Service Parts shall be no greater than the prices set forth in Buyer’s purchase order issued for the same Products used in production, adjusted only for differences in packaging and logistics costs, all as approved by Buyer.
Supplier shall comply with the terms of the policies and procedures manuals and guides (i.e., the Supplier Policy and Procedure Manual for production parts, and the Parts Policies and Procedures Manual for Service Parts) furnished to Supplier by Buyer (“Supplier Guides”).
Unless otherwise set forth in Buyer’s purchase order, and provided that Supplier is in compliance with the terms of this Contract, (i) the payment date for production parts shall be the second day of the second month following Supplier’s shipment date of Products (or if not a banking day, the first banking day thereafter) for payments made by electronic funds transfer, and net prox 25th for payments made by check, and (ii) the payment date for Service Parts shall be net 30.
Supplier agrees to supply Xxxxx’s requirements of Service Parts to meet Xxxxx’s current model Service Parts needs.
In no event may Supplier raise prices beyond a level that makes the Products non-competitive or that would impede Buyer’s abiliity to re-sell Service Parts at a fair and marketable price to support the continuing use and maintenance of its products by its customers.