Common use of CONTRACT ELIGIBILITY Clause in Contracts

CONTRACT ELIGIBILITY. An instrument is eligible for a service contract when the date for the service contract immediately follows the expiration date of the warranty or a previous contract. This contract may be renewed for additional successive yearly periods by mutual consent at the rates currently in effect at the time of renewal. Pre-contract instrument checkout must be performed before accepting to start the coverage, at demand service rates, if expiration date of existing warranty or service contract exceeds 30 days. The service contract period shall start on the day following the completion of the pre-contract service visit. PRICES: Prices shall be subject to change without notice. Prices are available from the CAMECA After Sales Service dept. PAYMENT TERMS: Service contracts shall be billed annually in advance. Standard payment terms are 30 days from date of invoice, at the order, payable in Euro by wire-transfer to the CAMECA account. If there is any payment pending to CAMECA from the customer under the terms of this contract, then CAMECA may (in addition to all other legal remedies) elect to suspend its services under this contract until payment is made. Quarterly billing in advance is available. For those who wish to use this form of payment be advised that there will be a 7 % surcharge added to the contract price.

Appears in 2 contracts

Sources: Service Contract, Full Insurance Service Contract