Provided Material. Materials supplied by the Purchaser for execution of an order shall remain the Purchaser’s property even following machining or processing, and shall be used exclusively for the Purchaser’s orders. Such materials shall be marked accordingly and stored separately until machined or processed. The Purchaser may require that machining waste, scrap or remaining material, etc. be returned to the Purchaser, or its value deducted from the contract price. The Seller shall keep any such material at its own risk in safe custody.
Appears in 3 contracts
Sources: Purchase Conditions, Purchase Agreement, Purchase Agreement