Title to Tooling Clause Samples
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Title to Tooling. Except as provided in GTA Section 12.2, and GTA Section 13.0, Seller shall retain, and shall cause each of its subcontractors to retain, legal title to all Contractor-Use Tooling, Common-Use Tooling and Spirit-Use Tooling manufactured or procured by Seller or any of its subcontractors, as the case may be, until Seller shall have received full payment of the Nonrecurring Shipset Price therefore as provided in SBP Attachment 1 and SBP Section 7.0. Notwithstanding the foregoing, Seller shall retain, and shall cause each of its subcontractors to retain, title to such Tooling following receipt of such payment until such time as Spirit shall request the transfer of such title to Spirit.
Title to Tooling. The Buyer acknowledges and agrees that the Seller owns all rights in and to the tooling, partial tooling, and fixtures used in the production of the Products even if the cost of such tooling or fixtures are invoiced to the Buyer in connection with the manufacture of the Products. The Seller shall use commercially reasonable efforts to store and maintain any tooling manufactured or purchased for a specific Buyer order for a period of twenty-four (24) months following the last delivery of such Product.
Title to Tooling. Not Applicable
