Terms and Conditions

  • Supply of spare parts during the period starting
  • from the date of this Agreement and ending with [*****],
  • or if Seller (or Seller's successor) terminates
  • production of aggregates for Third Parties or ceases
  • production of spare parts and special equipment components
  • before the expiration of such [*****] period
  • (“Discontinued Operations”) prior to the date of the Discontinued Operations
  • The seller (or such assignee) must manufacture spare parts
  • fixtures and assemblies for wagons, which are the property of
  • the Seller or the Seller's successors. ("Spare parts")
  • and must be provided to the Buyer for purchase
  • at the seller's market price. In case the date
  • Terminated activity occurs before expiration
  • such [*****] period, the Seller (or the Seller's successor)
  • sends to the Buyer as soon as possible
  • written notice of such Stopped Operations,
  • but in no event less than [*****] notice.
  • In addition, if the Seller learns in writing that
  • that any of its Suppliers will cease production
  • any Parts, the Seller must in writing
  • notify the Buyer of the decision of such Supplier
  • as soon as he becomes aware of it.