PURCHASER’S PROPERTY Sample Clauses

PURCHASER’S PROPERTY. 6.1. Materials such as components, machinery, tools, models, moulds, jigs and fixtures, accessories or others which may bemade available to the Supplier by the Purchaser for the purposes of the Contract shall be under the Supplier's responsibility; the Supplier shall take out insurance against any damage that they might suffer and shall clearly mark them and record them as being the property of the Purchaser.
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PURCHASER’S PROPERTY. 211. All property (such as materials, drawings, documents etc) issued by the Purchaser or any other individual or firm on behalf of the Purchaser in connection with the contract shall remain confidential, being the property of the Purchaser and the Bidder / Contractor shall undertake to return all such property so issued and will be responsible for any or all loss thereof and damage thereto resulting from whatever causes and shall reimburse the Purchaser the full amount of loss and damage. 212. On completion of work in any compartment / location, the contractor must ensure that the place is left in a reasonably clean state and all scrap/Rubble/Debris/refuse is transferred to nearby scrap/Garbage/refuse bins.
PURCHASER’S PROPERTY. Unless otherwise agreed in writing, all tools, equipment or material of every description furnished to Seller by Purchaser or specially paid for by Purchase, and any replacement thereof, or any materials affixed or attached thereto, shall be and remain the personal property of Purchaser. Such property and, whenever practical, each individual item thereof, shall be plainly marked or otherwise adequately identified by Seller as the property of the Purchaser and shall be safely stored separate and apart from Seller's property. Seller shall not substitute any property for Purchaser's orders. Such property, while in Seller's custody or control, shall be held at Seller's risk, shall be kept insured by Seller at Seller's expense in an amount equal to the replacement cost with loss payment to Purchaser and shall be subject to removal at Purchaser's written request, in which event Seller shall prepare such property for shipment and shall redeliver to Purchaser in the same condition as originally received by Seller, reasonable wear and tear excepted, all at Seller's expense.
PURCHASER’S PROPERTY. Title to and the right to immediate possession of all tools, molds, dies, parts, supplies, jigs, fixtures, plans, drawings, specifications and all other equipment, materials and property that are furnished by Purchaser for Seller’s use hereunder; or are procured, produced, manufactured or fabricated by Seller in connection with Seller’s performance hereunder; or are in any manner paid for directly or indirectly by Purchaser (all of which is collectively referred to as “Purchaser’s Property’); shall at all times be and remain with Purchaser. Seller will ensure that at all times Purchaser’s Property shall be and remain free and clear of any interest or claim on the part of Seller’s creditors or other third parties. Seller waives any and all liens that it has or may acquire with respect to Purchaser’s Property. Seller shall take all measures which Purchaser deems appropriate to perfect or evidence Purchaser’s title to all Purchaser’s Property, including without limitation executing and filing informational financing statements and other documents with respect thereto, and for such purpose, Seller hereby irrevocably appoints Purchaser as Seller’s attorney-in-fact to execute all such documents in Seller’s name and on Seller’s behalf. Seller shall clearly mark or otherwise adequately identify all Purchaser’s Property as belonging to Purchaser. Seller shall not transfer possession of any Purchaser’s Property to any third party or delegate or assign any of Purchaser’s obligations with respect thereto, unless otherwise specifically agreed by Purchaser in writing. While any of Purchaser’s Property remains in Seller’s possession, Seller shall at its expense maintain the same in good operating condition and repair and in compliance with all warranties contained herein. Seller shall be responsible for and shall bear all risk of loss or damage to all Purchaser’s Property while in Seller’s care, custody, possession or control, and shall insure such risks with full replacement value fire and extended coverage insurance reasonably satisfactory to Purchaser. Unless otherwise agreed by Purchaser in writing, Seller will use all Purchaser’s Property solely and exclusively to perform for Purchaser’s benefit hereunder, and not for the benefit of any other party. Seller, as a material part of the consideration hereunder, hereby assumes all risk of damage to property or injury to persons arising from its use of all Purchaser’s Property. Seller shall indemnify Purchaser from and ho...
PURCHASER’S PROPERTY. 211. All property (such as materials, drawings, documents etc) issued by the Purchaser or any other individual or firm on behalf of the Purchaser in connection with the contract shall remain confidential, being the property of the Purchaser and the Bidder / Contractor shall undertake to return all such property so issued and will be responsible for any or all loss thereof and damage thereto resulting from whatever causes and shall reimburse the Purchaser the full amount of loss and damage. 212. On completion of work in any compartment / location, the contractor must ensure that the place is left in a reasonably clean state and all scrap/Rubble/Debris/refuse is transferred to nearby scrap/Garbage/refuse bins. 213. The Purchaser would provide on demand the requisite material to be supplied as per the Contract. On completion / execution of the contract a reconciliation statement detailing quantity of material issued, quantity used for the contract, scrap generated, quantity returned to Stores and certificate regarding protection of Intellectual Property Rights will have to be submitted along with certified Invoice/s before payment/s are effected. Any excess consumption of material on account of wastage / damage, re - work not attributable to Purchaser will be suitably recovered from the Bidder / Contractor. 220. RISK PURCHASE 221. If the equipment / article / service or any portion thereof be not delivered / performed by the scheduled delivery date / period, any stoppage or discontinuation of ordered supply / awarded contract without written consent by Purchaser or not meeting the required quality standards the Purchaser shall be at liberty, without prejudice to the right of the Purchaser to recover Liquidated Damages / penalty as provided for in these conditions or to any other remedy for breach of contract, to terminate the contract either wholly or to the extent of such default. Amounts advanced or part thereof corresponding to the undelivered supply shall be recoverable from the Contractor / Bidder at the prevailing bank rate of interest.
PURCHASER’S PROPERTY. Any property of the Purchaser placed in the Seller's custody for performance of this Agreement is not covered by insurance, and no risk is assumed by the Seller in the event of loss or damage to such property by fire, water, burglary, theft, civil disorder or any accident beyond the reasonable control of the Seller.
PURCHASER’S PROPERTY. Tangible or intangible property of any nature furnished to Seller by Purchaser or specifically paid for in whole or in part by Purchaser, and any replacements or attachments, are the property of Purchaser and, unless otherwise agreed in writing by Purchaser, will be used only by Seller solely to render services or provide goods to Purchaser. Seller will not substitute any property or take any action inconsistent with Purchaser's ownership of such property. While in Seller's custody or control such property will be held at Seller's risk, will be kept insured by Seller at its expense for its replacement cost with loss payable to Purchaser and will be subject to removal at Purchaser's written request, in which event Seller will prepare such property for shipment and redelivery to Purchaser in the same condition as originally received by Seller, reasonable wear and tear excepted, all at Seller's expense.
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PURCHASER’S PROPERTY. Unless otherwise provided on the Order Form, all items, materials, facilities, tools, jigs, dies, fixtures, patterns or equipment furnished or paid for by Purchaser shall be Purchaser’s property and Supplier shall bear the risk of loss thereof, and damage thereto, normal wear and tear excepted, while such property is in Supplier’s possession. Property covered by this provision shall be suitably protected, segregated and marked as the property of Purchaser, shall not be moved from Supplier’s premises without Purchaser’s written approval, and shall be immediately delivered to Purchaser upon request.
PURCHASER’S PROPERTY. (a) Unless otherwise expressly provided in this Agreement, all Special Property (hereinafter defined), and all tangible and intangible property furnished by the Purchaser to the Seller, or based on or derived from the Purchaser’s confidential or otherwise proprietary information, or produced or purchased by the Seller at the Purchaser’s expense, for use in the Seller’s performance hereunder, and any replacement thereof, is and shall remain the exclusive property of the Purchaser. For purposes of this Agreement, “Special Property” includes without limitation, any design pattern, mould, tool, die, jig, fixture, drawing, or other machine or equipment furnished or paid for by the Purchaser in connection with a purchase order.
PURCHASER’S PROPERTY. 12.1 All documentation, documents, drawings, models, matrices, samples, computer programs, tools, etc. made available to the Supplier by the Purchaser shall remain the unrestricted property of the Purchaser. Such items may not be handed over to third parties or made available for inspec- tion, copied or destroyed without the Purchaser‘s written consent.
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