Free Issue definition
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.