service agreement


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service agreement

[′sər·vəs ə‚grē·mənt]
(engineering)
A contract which agrees to provide mechanical maintenance of a machine for a fixed period of time at a stated charge.
References in periodicals archive ?
* Would the manufacturer purposely punish a customer that may not be able to afford their expensive service agreement due to lack of funding or budget restraints and force them to wait needlessly for a service call?
Bruel & Kjaer VTS has a range of Preventative Maintenance Plans and Service Agreements designed to minimise downtime, maximize the life of your LDS equipment and avoid unplanned repair costs.
The contract was signed in the second quarter of CSC fiscal year 2013, and services will commence under the new master service agreement on January 1, 2013.
Cioffi joined Home-Tech in July 2008 in its Service Agreements department, where she assisted customers in selecting the right options for their air-conditioning and major appliance service needs as well as appliance sales in the Fort Myers appliance showroom.
Joseph Anis, GE Energy's president and CEO for the Middle East said: "This latest service agreement with Mass Global, which includes a tailored training program for local engineers, is designed to ensure real-time support.
4 October 2010 - Belgium-based biotechnology company Galapagos NV (EBR: GLPGA) announced today that its affiliate, Argenta Discovery 2009 Limited, has entered into a drug discovery service agreement with Janssen Pharmaceutica NV, aimed at delivering novel cancer drug candidates.
This service agreement with GE will help us reduce our cost of generating electricity, which will lead to a lower cost of aluminium production, positioning us more competitively in the global market."
Rolls-Royce has entered a long-term engine service agreement with Mexicana Group for the fleet of aircraft operated by its low-cost subsidiary, MexicanaClick.
Pinnacle Airlines, a Northwest Airlink partner, has been notified by NWA that the company is ready to begin renegotiating its Airline Service Agreement, according to a recent filing with the SEC.
The company seeks to change its arrangement and receive payment for the personal services it provides to the private foundation and the taxpayer's other family interests under a cost-sharing service agreement. Under the agreement, each party will pay the company directly for its allocable share of the Company's operating expenses.
McKesson HBOC's MedManagement pharmacy management and consulting services business unit has signed a five-year exclusive pharmacy service agreement with Mercy Resource Management.
Many manufacturers will not make repairs when the equipment isn't covered by a service agreement for routine preventive maintenance such as filter changes.

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