Common use of Exchange Program Clause in Contracts

Exchange Program. As SonoSight's exclusive remedy under the warranty of Section 9.2, ATL shall provide a ninety (90) day exchange of faulty or defective parts in Products delivered under this Agreement. SonoSight shall have the right to exchange a faulty or defective part to ATL for free replacement, provided SonoSight notifies ATL that it is returning a part under this exchange program within ninety (90) days of shipment of the Product. Returns shall utilize ATL's form for return authorization. Each party shall bear the cost of parts shipped to the other under this exchange program.