Material Surplus Sample Clauses
The Material Surplus clause defines how any excess materials, goods, or resources remaining after the completion of a project or contract are to be handled. Typically, this clause specifies whether the surplus should be returned to the supplier, retained by the purchaser, or disposed of in another agreed-upon manner. For example, in a construction contract, leftover building materials might be reclaimed by the contractor or left with the property owner, depending on the clause's terms. The core function of this clause is to prevent disputes over ownership and responsibility for surplus materials, ensuring both parties have clear expectations regarding their disposition.
Material Surplus. Material Surplus is defined to be material manufactured by Seller in advance of normal flow time or delivery of any Material in advance of Buyer's schedule. Should at any ▇▇▇▇ ▇▇▇▇▇▇ have a Material Surplus made to Buyer’s specification, Seller will not sell the Material Surplus to anyone but Buyer. If Buyer chooses to not purchase said Material Surplus product, Seller guarantees to destroy Material Surplus within 30 days of Buyer’s decision to not purchase. Seller will certify the destruction of the Material Surplus, specifying the quantity of product destroyed and method of destruction, within 3 days of occurrence of destruction. Seller will be responsible for all costs incurred as a part of said destruction and Buyer will have no liability to, or duty to pay or reimburse, Seller for Material Surplus.
Material Surplus. Material Surplus is defined to be manufacture by Seller in advance of normal flow time or delivery of any good in advance of Buyer’s schedule. Should at any ▇▇▇▇ ▇▇▇▇▇▇ have a Material Surplus made to Buyer’s specification, Seller shall not sell the Material Surplus to anyone but Buyer. If Buyer chooses to not purchase said Material Surplus product, Seller guarantees to destroy Material Surplus within 30 days of Buyer’s decision to not purchase. Seller will certify the destruction of the Material Surplus, specifying the quantity of product destroyed and method of destruction, within three