Common use of SUPPLIER ASSETS Clause in Contracts

SUPPLIER ASSETS. The Supplier shall remain responsible for keeping its own tools, materials and other assets used by the Supplier to perform the Services safe, secure and insured (whether those assets are at Dillon Bass’ premises or otherwise). Financial Arrangements The only sums payable by ▇▇▇▇▇▇ ▇▇▇▇ in connection with Goods/Services are the agreed price, any Value Added Tax due to be paid on that price for the supply (subject to receipt of a valid VAT invoice) and agreed expenses (if any) – each as determined by this clause 7 (the “Sums Due”). Any other costs associated with performance of the Supplier’s obligations shall be borne by the Supplier (whether in relation to: proposals or tenders; design work, raw materials or labour; models, prototypes, tooling or moulds; buildings, equipment or machinery; manufacturing or assembly; storage, carriage, insurance, packaging or pallets; travel or accommodation; obtaining certification or licences; currency exchange rate fluctuation; taxes, customs duties or other government levies or fines; developing, increasing or decreasing the Supplier’s supply capability; cancelling any project or terminating any supply; training or other ancillary goods or services; or otherwise) – except to the extent otherwise agreed.