7.5 It is agreed and accepted by the Bidder that either an inspection be performed or not, once the Bidder submits a Proposal, there will be no further claim nor demand nor any arguments on the sold Aircraft Part for any delinquencies, inconsistencies, deficiencies including but not limited to a number/volume of Aircraft Part sold and certificate/non-certificate as identified in the part list. It is fully understood that the Aircraft Part are all sold under an “As-Is, Where-Is” condition. Neither compensation nor adjustment of price will be made in all events.
However, the above terms are not applicable for the expendable parts. For expendable parts, THAI reserves a right for deviation between physical and data on the list (Exhibit 2.1) at +/- 5% (five percent) which means any adjustment shall be made in case the deviation incurs more than +/- 5% (five percent). The deviation less than +/- 5%(five percent) will not be taken into consideration and the awarded Bidder agrees to accept such the expendable as listed.