Tooling Equipment Clause Samples
The Tooling Equipment clause defines the responsibilities and terms related to the provision, use, and ownership of tools, dies, molds, or other equipment necessary for manufacturing or service delivery. Typically, this clause specifies whether the supplier or the buyer is responsible for supplying and maintaining the equipment, and may address issues such as cost allocation, storage, and return of tooling after contract completion. Its core function is to clarify ownership and responsibility for tooling, thereby preventing disputes over equipment use, maintenance, and post-contract disposition.
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Tooling Equipment. In the event that any tooling equipment is needed for the manufacturing, sterilizing and packaging solely of the Products (the "Tooling Equipment"), Arthrex shall, at its sale discretion, either pay for such Tooling Equipment or reimburse Bovie for the purchase of such Tooling Equipment at Bovie's 'purchase price including any discounts, rebates or other purchase price reductions to which Bovie is entitled; provided, that Arthrex shall consent in writing to the need for any Tooling Equipment prior to the purchase or order thereof. Any such Tooling Equipment shall be and remain the sole property of Arthrex. Bovie shall reimburse A1ihrex for any damage to the Tooling Equipment that exceeds the normal wear and tear of such Tooling Equipment or was caused by the abuse or misuse of such Tooling Equipment by Bovie, its Representatives or the representatives of any contract facility engaged by Bovie.
Tooling Equipment. Except as expressly set forth below in this Subsection, and except in cases where tooling or modifications to tooling are requested by IBM, LSI shall, [*], supply and do all things necessary, including, without limitation, supply all tooling and equipment required for the manufacture and testing of the Product. In the event that IBM has paid for, or otherwise snakes available to LSI, tooling or equipment pertaining to any aspect of the Product, LSI agrees to sign a separate tooling loan agreement that addresses additional loan requirements.
Tooling Equipment. It is Delta’s responsibility to ensure that all required tooling/equipment is available to complete all In-Scope Services. Delta shall also be responsible for supplying and financing any tooling/equipment acquisitions necessary to complete the In-Scope Services requirements of this Agreement, including tooling/equipment requirements for new fleet Inductions. Hawaiian LH Delta JPM [**] – Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.
Tooling Equipment. Solectron further agrees that with respect to all Tooling & Equipment provided by Trimble and subject to this Agreement, Solectron will:
Tooling Equipment. 14.1 All designs, materials and equipment finished to DPI by HP or paid for by HP in connection with this agreement (collectively "HP Property") shall: a) Be clearly marked or tagged as property of HP; b) Be subject to inspection by HP at any time during normal business hours; c) Be used only in filling releases from HP; d) Be kept reasonably separate from other materials, tools, or property of DPI or held by DPI; e) Not he modified in any manner by DPI without prior agreement by HP; f) Have periodic maintenance performed by DPI; and g) Be kept free of liens and encumbrances which may arise due to actions of DPI.
14.2 In the event HP is willing to release any equipment or tools for DPI's use during this agreement, the parties shall execute a separate Equipment Loan Agreement.
14.3 DPI agrees that persons operating HP Property will be fully trained in the proper use thereof. DPI hereby releases HP of all liability arising out of the misuse, or damage caused by DPI or DPI's agents to HP equipment or tools.