Free Issue definition

Free Issue means material issued free of charge by the Buyer to the Seller for the purposes of the Contract, and includes but is not limited to raw materials and test equipment.
Free Issue means anything that the Supplier and Customer have agreed will be the responsibility of the Customer to procure and deliver to the Supplier including but not limited to products, personnel, componentry, services, build documents or test equipment required to complete the Contract which must arrive by the Agreed Deadline.
Free Issue. ' shall mean free issue material or parts supplied by the Company to the supplier, to be processed by the supplier, and or Free Issue Tooling, Gauges etc. supplied by the Company.

Examples of Free Issue in a sentence

  • Seller shall maintain all such Free Issue Materials in good order and condition and shall use them economically and solely in accordance with the Contract.

  • Waste or loss of Free Issue Materials shall be made good at the Seller's expense.

  • Ownership of Free Issue Materials acquired or manufactured by the Buyer shall automatically transfer to Buyer upon acquisition or completion of manufacture (as the case may be).

  • Supplier has to submit Bank guarantee for equal value of Free Issue of Materials (FIM) issued by the Department from Nationalised / Scheduled Bank valid till receipt and acceptance of supply and satisfactory accounting of FIM plus sixty days as claim period.

  • Surplus Free Issue Materials shall be disposed of at VICTREX's direction.

  • Subject only to clause 13 (Free Issue Materials) property and risk in Goods supplied under the Contract shall remain with the Seller until they are delivered to and signed for as accepted by VICTREX provided that if the Goods are subsequently rejected by VICTREX for any reason whatsoever and whether or not VICTREX is entitled to do so in accordance with the terms herein property and risk in the Goods shall revert to the Seller.

  • We exclude any liability, and type of guaran- tee or warranty and any claim to damages for defective goods for the event that faulty Free Issue Material has been incorporated into such goods in good faith, i.e. the faulty quality of the Free Issue Material has only been discovered after the fulfilment of our contractual obliga- tions.

  • For defective goods made out of or containing flawless Free Issue Material, paragraph 1 of this Sec- tion 12 applies.

  • In pursuance of the said agreement and in consideration of the promises the Contractor hereby permits and acknowledges that the Contractor holds and shall always hold the said Free Issue Materials (which will from time to time be sent by the Owner to the Contractor) under the said contract, in trust for to the order of and on account of the Owner.

  • Any costs related to the provision of faulty Free Issue Mate- rial, rectification measures and delays are borne by the customer.


More Definitions of Free Issue

Free Issue means a beverage service provided by the Contractor in accordance with a separately agreed specification, which shall be revised by Agreement between the parties from time to time as changing circumstances, may dictate.
Free Issue means goods supplied to the supplier by the purchaser at nil cost to complete work on goods covered by purchase order.
Free Issue means parts that Delta Mobrey Ltd will issue SUPPLIER for production of final product such as assembly, sub-assembly or to perform operations such as welding, painting, coating etc. All free Issue parts are to be managed by SUPPLIER and stock checked regularly and when requested by Delta. Any losses and scrap are to be advised to Delta and funded by SUPPLIER.