Buyer tooling Sample Clauses

Buyer tooling. Where the Buyer supplies, or reimburses OjiFS for the cost of, a mould, die, tool, printing plate or any artwork or other item used in the manufacturing process:
Sample 1Sample 2Sample 3
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Buyer tooling. Any tooling or equipment, including and without limitation, test fixtures, functional test fixtures, process fixtures, etc. furnished to Seller or any supplier of Seller by Buyer or developed by Seller for Buyer at Buyer’s cost (“Tooling”) shall be the sole property of Buyer. Seller acknowledges Tooling as set forth in Addendum E hereto, as it may be from time to time amended by mutual agreement, as subject to this Section 6.3. Seller and its suppliers shall use Tooling solely for the manufacture of Buyer’s Products, unless otherwise mutually agreed in writing. Seller agrees to store, protect, preserve, and perform general maintenance on such Tooling in accordance with best commercial practices and in conformance with Buyer’s requirements, but in any event with no less care than Seller uses in the storage, protection, preservation, calibration, and maintenance of its own property of similar value. In the event of repair or maintenance required for Tooling, Seller will submit a proposal to perform such services at Buyer’s cost, which Buyer may accept or elect to perform the repair or maintenance itself. The parties will develop a plan that outlines typical level of inventory Seller shall maintain on hand such materials and consumables including funding and ownership thereof, as may be needed to ensure that maintenance of Tooling may be accomplished with a goal of not more than one (1) business day of downtime per maintenance event.
Sample 1
Buyer tooling. Any special tooling, Specifications, requirements, drawings, chemicals, technical information, data, tools, die patterns, masks, gauges, test equipment, fixtures and other material furnished by or at the expense of Xxxxxxx Marine (“Xxxxxxx Marine Materials”) shall be the confidential and proprietary property of Xxxxxxx Marine and shall (i) be kept confidential, (ii) remain and/or become Xxxxxxx Marine’s property, (iii) be used by Supplier exclusively for Xxxxxxx Marine’s order(s), (iv) be clearly marked “Property of Xxxxxxx Marine,” (v) be marked and segregated when not in use, and (vi) be kept in good working condition at Supplier’s expense. Supplier is responsible for the protection, calibration, maintenance and care (other than normal wear and tear) of all Xxxxxxx Marine Materials. The Xxxxxxx Marine Materials shall be subject to inspection upon notice and shall be returned to Xxxxxxx Marine in good working condition upon demand or notice. Upon the completion of all outstanding obligations under the Purchase Order or upon Xxxxxxx Marine’s written request, all Xxxxxxx Marine Materials shall be disposed of or returned to Xxxxxxx Marine as Xxxxxxx Marine shall direct. Title to all such Xxxxxxx Marine Materials, in all stages of production, shall be and remain in Xxxxxxx Marine.
Sample 1

Related to Buyer tooling

  • Buyer (Buyer) will take title 16 to the Property described below as Joint Tenants Tenants In Common Other .

  • SELLERS 20 The member states initially anticipate that they will provide a monetary allowance to sellers 21 under Model 2 based on the following:

  • Seller For each Mortgage Loan, the seller of such Mortgage Loan pursuant to the Mortgage Loan Purchase Agreement.

  • Seller Closing Deliverables At the Closing, Seller shall deliver to Buyer the following:

  • By Sellers Each Seller agrees that, subject to such limitations as provided herein, such Seller shall be jointly and severally liable to Purchaser, its Related Persons, each of their respective directors, officers, employees and agents, and each of the heirs, executors, successors and assigns of any of the foregoing (collectively, the "Purchaser Indemnified Parties") for, and agree to defend and indemnify and hold each Purchaser Indemnified Party harmless against and in respect of (i) any and all losses, damages, liability costs and expenses, including reasonable attorneys', accountants' and experts' fees and expenses, including, without limitation, those incurred to enforce the terms of this Agreement (collectively, "Covered Liabilities") incurred by any Purchaser Indemnified Party by reason of a breach of any of the representations, warranties, covenants or agreements made by the Company or Sellers in this Agreement, or in any other instrument or agreement specifically contemplated by this Agreement, (ii) any and all Covered Liabilities incurred by any Purchaser Indemnified Party by reason of (A) any violation of Governmental Regulations arising from those matters included as items 3 and 4 on Schedule 7.17(b), (B) the Company's or Sellers' failure to pay, withhold or collect any Taxes required to have been paid, withheld or collected for any taxable period ending on or prior to the Closing Date (including as a result of the Section 338(h)(10) election described in Section 11.4) or (C) the Company not being treated as a subchapter S corporation for federal and state income tax purposes, or (iii) liabilities of the Company or DBRHC arising out of or in connection with any of the businesses, assets (including the DBRHC Real Estate), operations or activities of the Company or DBRHC (including any predecessor of the Company or DBRHC, and any former business, asset, operation, activity or subsidiary of any of the foregoing) owned or conducted, as the case may be, on or prior to the Closing Date including any liability based on negligence, gross negligence, strict liability or any other theory of liability, whether in law (whether common or statutory) or equity, but excluding (A) liabilities or other obligations of the type reflected on the 1998 Balance Sheet incurred in the ordinary course consistent with past practice since December 31, 1998, other than any liabilities or obligations arising from any litigation or other legal, arbitration or administrative proceeding, or any claim with respect thereto (including, without limitation, tort claims or other claims based on strict liability, negligence or willful misconduct or violations of Governmental Regulations), (B) Indebtedness (but only to the extent Indebtedness at Closing is not greater than the Purchase Price adjustment under Section 3) and (C) obligations reflected in the 1998 Balance Sheet, including the notes thereto.

  • Purchased Assets Subject to the terms and conditions of this Agreement, at the Closing, each Seller shall sell, convey, assign, transfer and deliver to the Buyer, and the Buyer shall purchase, free and clear of all Encumbrances, all right, title and interest of such Seller in and to the following Assets (collectively, the “Purchased Assets”):

  • BUYER’S PROPERTY Seller shall clearly mark, maintain an inventory of, and keep segregated or identifiable all of Buyer's property and all property to which Xxxxx acquires an interest by virtue of this Contract. Seller assumes all risk of loss, destruction or damage of such property while in Seller's possession, custody or control, including any transfer to Seller’s subcontractors. Upon request, Seller shall provide Buyer with adequate proof of insurance against such risk of loss. Seller shall not use such property other than in performance of this Contract without Xxxxx's prior written consent. Seller shall notify Xxxxx's Authorized Procurement Representative if Xxxxx's property is lost, damaged or destroyed. As directed by Xxxxx, upon completion, termination or cancellation of this Contract, Seller shall deliver such property, to the extent not incorporated in delivered Goods, to Buyer in good condition subject to ordinary wear and tear and normal manufacturing losses. Nothing in this Article limits Seller's use, in its direct contracts with the Government, of property in which the Government has an interest

  • DISTRIBUTORS, VENDORS, RESELLERS Contractor agrees and acknowledges that any such designations of distributors, vendors, resellers or the like are for the convenience of the Contractor only and the awarded Contractor will remain responsible and liable for all obligations under the Contract and the performance of any designated distributor, vendor, reseller, etc. Contractor is also responsible for receiving and processing any Customer purchase order in accordance with the Contract and forwarding of the Purchase Order to the designated distributor, vendor, reseller, etc. to complete the sale or service. H-GAC reserves the right to reject any entity acting on the Contractor’s behalf or refuse to add entities after a contract is awarded.

  • SALE OF BUYER’S PROPERTY Performance under this Agreement: (check one) ☐ - Shall not be contingent upon the Buyer selling another property. ☐ - Shall be contingent upon the Buyer selling another property with a mailing address of , City of , State of , within calendar days from the Effective Date.

  • Purchaser Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formation. Either Parent or a wholly owned subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser.

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