Article 8. DEFAULT
(1) Time is of the essence in the performance of the Purchase Orders. TDK may notify Seller in writing of any default and may terminate this Agreement or the whole or any part of any Purchase Order without liability, except for deliveries previously made, in any one of the following circumstances:
(a) if Seller fails to perform within the time specified therein or any extension thereof; or
(b) if Seller fails to perform any of the other provisions of the Agreement, or so fails to make progress as to endanger performance of Purchase Order in accordance with its terms, and in either of these two circumstances does not cure such failure within a period of fifteen (15) days or such longer period as TDK may authorize in writing.
(2) In the event of a default as described in the (a) and (b) above, TDK may "cover" by making in good faith and without unreasonable delay any reasonable purchase of or contract to purchase Products in substitution for the product due from Seller. TDK may recover from Seller as damages the difference between the cost of cover and the Purchase Order price together with incidental and consequential damages, but less expenses saved in consequence of Seller's default. Failure of TDK to effect cover shall not bar it from any other remedy available to it.
Article 9. WARRANTIES
(1) Seller warrants and represents that for a period of one (1) year after the delivery by Seller of Products, or such longer period as may be specified in any product warranty covering Products sold hereunder (“Warranty Period”), all Products sold hereunder will conform to specifications, samples, drawings, designs or other requirements approved or adopted by TDK, be of merchantable quality, free from all defects in design, workmanship and materials, and will be fit for the particular purpose for which they are purchased. Seller further warrants that all Products sold hereunder will be free of any lien, encumbrance or claim of any nature by any third party.
(2) If TDK finds the defect in material, workmanship of Products, or otherwise not in conformity with the requirements of the Purchase Order and this Agreement (hereinafter called “Defect”) during the Warranty Period, TDK in addition to such other rights, remedies and choices as it may have by contract or by law, at its option and sole discretion may:
(a) reject and return such Products at Seller's expense;
(b) require Seller to repair or replace any non-conforming Products with Products that conform to this Agreement; or
(c) require Seller to credit TDK's account for such Products which are returned by TDK.
(3) In addition to the foregoing, TDK may recover damages arising out of Seller’s non- compliance with
or breach of this Agreement.
(4) Even if the Warranty Period has elapsed, Seller shall be obligated to repair and replace Products that have any material breach of this article (1), at Seller’s own cost and expenses.
Article 10. INDEMNIFICATION
(1) Seller agrees to protect, defend, indemnify and hold harmless TDK from and against any and all claims, actions, liabilities, losses, costs and expenses, including attorney’s fees, arising out of (a) any actual or alleged personal injury or death or damage to property resulting in whole or in part from any actual or alleged Defect in any Products sold to TDK under this Agreement or (b) Seller’s non-compliance with or breach of this Agreement.
(2) Seller shall take all necessary precautions to prevent the occurrence of any injury to person or property and except to the extent that any such injury is due solely and directly to TDK’s negligence, as the case may be, shall indemnify TDK against all loss which may result in any way from any act or omission of Seller, its agents, employees subcontractors or suppliers.
Article 8. DEFAULT (1) Time is of the essence in the performance of the Purchase Orders. TDK may notify Seller in writing of any default and may terminate this Agreement or the whole or any part of any Purchase Order without liability, except for deliveries previously made, in any one of the following circumstances:(a) if Seller fails to perform within the time specified therein or any extension thereof; or(b) if Seller fails to perform any of the other provisions of the Agreement, or so fails to make progress as to endanger performance of Purchase Order in accordance with its terms, and in either of these two circumstances does not cure such failure within a period of fifteen (15) days or such longer period as TDK may authorize in writing.(2) In the event of a default as described in the (a) and (b) above, TDK may "cover" by making in good faith and without unreasonable delay any reasonable purchase of or contract to purchase Products in substitution for the product due from Seller. TDK may recover from Seller as damages the difference between the cost of cover and the Purchase Order price together with incidental and consequential damages, but less expenses saved in consequence of Seller's default. Failure of TDK to effect cover shall not bar it from any other remedy available to it.Article 9. WARRANTIES(1) Seller warrants and represents that for a period of one (1) year after the delivery by Seller of Products, or such longer period as may be specified in any product warranty covering Products sold hereunder (“Warranty Period”), all Products sold hereunder will conform to specifications, samples, drawings, designs or other requirements approved or adopted by TDK, be of merchantable quality, free from all defects in design, workmanship and materials, and will be fit for the particular purpose for which they are purchased. Seller further warrants that all Products sold hereunder will be free of any lien, encumbrance or claim of any nature by any third party.(2) If TDK finds the defect in material, workmanship of Products, or otherwise not in conformity with the requirements of the Purchase Order and this Agreement (hereinafter called “Defect”) during the Warranty Period, TDK in addition to such other rights, remedies and choices as it may have by contract or by law, at its option and sole discretion may:(a) reject and return such Products at Seller's expense; (b) require Seller to repair or replace any non-conforming Products with Products that conform to this Agreement; or(c) require Seller to credit TDK's account for such Products which are returned by TDK.(3) In addition to the foregoing, TDK may recover damages arising out of Seller’s non- compliance with or breach of this Agreement. (4) Even if the Warranty Period has elapsed, Seller shall be obligated to repair and replace Products that have any material breach of this article (1), at Seller’s own cost and expenses.Article 10. INDEMNIFICATION(1) Seller agrees to protect, defend, indemnify and hold harmless TDK from and against any and all claims, actions, liabilities, losses, costs and expenses, including attorney’s fees, arising out of (a) any actual or alleged personal injury or death or damage to property resulting in whole or in part from any actual or alleged Defect in any Products sold to TDK under this Agreement or (b) Seller’s non-compliance with or breach of this Agreement.(2) Seller shall take all necessary precautions to prevent the occurrence of any injury to person or property and except to the extent that any such injury is due solely and directly to TDK’s negligence, as the case may be, shall indemnify TDK against all loss which may result in any way from any act or omission of Seller, its agents, employees subcontractors or suppliers.
การแปล กรุณารอสักครู่..
