Exclusive Tooling definition

Exclusive Tooling means all items of tooling that Seller must produce or procure in order to develop Exclusive Features or Buyer’s form, fit and functionality aspects of Acquired Products. Exclusive Tooling shall be specified and listed in a PSA.
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Examples of Exclusive Tooling in a sentence

  • All right, title and interest in and to Exclusive Tooling specified in a PSA-D, PSA-P, or any other signed agreements between Seller and Buyer shall be vested in Buyer from the commencement of the fabrication of Exclusive Tooling.

  • Seller shall make entries in its books showing that Exclusive Tooling is held for the account of Buyer and shall furnish to Buyer on demand a true and complete inventory of Exclusive Tooling held by Seller for any period of time requested by Buyer.

  • Exclusive Tooling and other tangible items belonging to the other party shall promptly be delivered to the other party unless an authorized representative of the owning party agrees that such items shall be retained or destroyed.

  • Seller shall use such Exclusive Tooling exclusively for filling Buyer’s orders and return Exclusive Tooling to Buyer immediately upon demand.

  • Seller holds Exclusive Tooling as bailee and shall not substitute any property for Exclusive Tooling or reproduce Exclusive Tooling except as expressly permitted in writing by Buyer.

  • Buyer bears the cost of Exclusive Tooling unless otherwise agreed.

  • Terms and conditions relating to Exclusive Tooling are set forth in section B7 of this MPA.

  • Exclusive Tooling and other tangible items belonging to the other party shall promptly be delivered to the other party unless an authorized representative of the owning party agrees that such items shall be retained by the other party or destroyed.

  • Upon any expiration or termination of this Agreement, or otherwise upon DMC Stratex's request, production material consigned to MTI, DMC Stratex Exclusive Tooling and other DMC Stratex tools, test fixtures, test equipment, and automated test equipment will be returned to DMC Stratex, or the parties will otherwise decide what action to take, as instructed by and at the cost of DMC Stratex.

  • MTI shall not sell or transfer any (a) Product, (b) any sub-assembly component thereof proprietary to DMC Stratex, (c) any documentation or information which constitutes or incorporates DMC Stratex's Know-How, or any portion thereof, or (d) DMC Stratex Exclusive Tooling (provided DMC Stratex owns all rights, title and interests in and to such tooling) to any third party, without DMC Stratex's prior written consent.

Related to Exclusive Tooling

  • Exclusive Field means the use of Licensed Human Therapeutic Products for in vivo treatment of triple negative breast cancer or multiple myeloma/secondary osteoporosis in humans.

  • Exclusive distributor means any individual, corporation, limited liability company, or limited

  • exclusive licence means a licence from the proprietor of or applicant for a patent conferring on the licensee, or on him and persons authorised by him, to the exclusion of all other persons (including the proprietor or applicant), any right in respect of the invention to which the patent or application relates, and “exclusive licensee” and “non-exclusive licence” shall be construed accordingly;

  • API means American Petroleum Institute.

  • Exclusive use means the sole use by a single consignor of a conveyance for which all initial, intermediate, and final loading and unloading are carried out in accordance with the direction of the consignor or consignee. The consignor and the carrier must ensure that any loading or unloading is performed by personnel having radiological training and resources appropriate for safe handling of the consignment. The consignor must issue specific instructions, in writing, for maintenance of exclusive use shipment controls, and include them with the shipping paper information provided to the carrier by the consignor.