Free Issue Sample Clauses
The Free Issue clause defines the terms under which one party provides materials, equipment, or components to another party at no cost for use in fulfilling a contract. Typically, this clause specifies the responsibilities for delivery, handling, and storage of the free-issued items, and may outline procedures for reporting defects or losses. Its core function is to clarify ownership and risk allocation for supplied items, ensuring both parties understand their obligations and reducing disputes over responsibility for the provided goods.
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Free Issue. The Supplier shall be liable for the value of any material which the Company may send to the Supplier on a free issue basis, in conjunction with this Order, and replace any that may be damaged or destroyed by fire or any other cause. Ownership shall remain with the Company.
Free Issue. Materials provided by the Buyer shall remain the property of the Buyer at all times. Ownership of Free Issue Materials acquired or manufactured by the Buyer shall automatically transfer to Buyer upon acquisition or completion of manufacture (as the case may be). No further action by any party is required to make such transfer effective.
Free Issue. 6.1) All free issued materials / equipment / products supplied by The Company for use in connection with this purchase order remain the property of The Company. Responsibility for the safe custody and maintenance in good condition (excluding fair wear and tear) of the aforementioned will be the responsibility of the Seller.
Free Issue. Items shall be clearly labelled and delivered with the official documentation mentioning that export is on behalf of ITER IO. The Articles 5 and 6 of the ITER Immunities and Privileges Agreement shall apply and Free-Issue shall be exempt from all duties and taxes. The Contractor shall be responsible for the custom clearance and formalities, the unloading and, as may arise, free-storage on site. The transfer of risks to the Contractor shall happen at the moment the goods are made available to him at the place of destination, in accordance with the INCOTERMS referred to in article 11.2 From the moment of the transfer of risks, the Contractor shall bear the risks of any damage, loss or destruction of any or all the Free-Issue Items. The Contractor shall be responsible for providing surveillance and guarding for these Free-Issue Items, including for contracting any suitable insurance, at its expense until Final Acceptance.
Free Issue. 10.1 Materials, plant, tools, jigs and other equipment supplied by the Buyer for use in connection with any contract with the Seller remain the property of the Buyer. Responsibility for the safe custody of such equipment and its maintenance in good condition shall rest with the Seller until due performance of the Contract has been completed and such equipment has been returned to the Buyer in a condition which is satisfactory to the Buyer.
Free Issue. 19.1 Full responsibility must be accepted for our property sent out on a Free Issue basis which must be insured against loss or damage. In addition where free issue components are supplied to you direct by one of our subcontractors in chargeable packing, the packing must be returned direct to the supplier with a copy Advice Note to our Bought Ledger Department.
Free Issue. Items are delivered in accordance with [DAP (INCOTERMS 2010)] to the Contractor’s premises or another place of destination, as the case may be, on behalf of Fusion for Energy, ITER IO or another Domestic Agency and within the following time periods: [•] (section [•] of Annex B (Technical Specifications)) shall be delivered by [•].