Existing Tooling definition
Existing Tooling means all accountable Tooling relating to this SBP in the possession of Boeing on the date hereof, "Existing Boeing-Use Tooling", "Existing Common-Use Tooling" and "Existing Contractor-Use Tooling" means respectively "Boeing-Use Tooling", "Common-Use Tooling" and "Contractor-Use Tooling" that are not New Tooling.
Existing Tooling shall have the meaning set forth in Section 6.2(a).
Existing Tooling means the Tooling which, as at the date of this Agreement, is owned by the Buyer, as indicated in Schedule Seven.
Examples of Existing Tooling in a sentence
The repair, maintenance or replacement of any such Existing Tooling that fails to achieve such capacity before Five (5) Contract Years from the Existing Tooling Commissioned Date shall be at Supplier's sole cost and expense.
More Definitions of Existing Tooling
Existing Tooling means the punch and die tooling which are required for the anticipated supply of the Products and which, as at the date of this Agreement, is owned by the Supplier, as indicated in Schedule Seven.