Free Issue Material definition

Free Issue Material means Tooling, samples, prototypes, goods, drawings, designs, patterns and other items which the Buyer issues to the Seller free of charge for use by the Seller in connection with the Contract, or which the Buyer permits the Seller to use in connection with the Contract.
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Free Issue Material means the materi al supplied free of charge by Owner to Contractor in accordance with Clause 12 and as per the list mentioned in Special Conditions.
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Free Issue Material means all raw materials and/or packaging supplied by the Seller to the Buyer for use in the production of the Goods.
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Examples of Free Issue Material in a sentence

  • For certain Fabrication Contracts, if specified in the tender, the Purchaser shall provide Free Issue Material (FIM) to Contractor, as per quantities/sizes along with costs of such material mentioned in the tender.

  • Free Issue Material (FIM) will be issued to the Contractor only after receipt of the Insurance Policy from the Contractor.

  • Wherever contracts envisage supply of Free Issue Material (FIM) by the Purchaser to the contractor for fabrication of the contracted equipment/stores, such Free Issue Material shall be safeguarded by an insurance policy to be provided by the Contractor at his own cost for the full value of such materials and the insurance policy shall cover, the following risks specifically and shall be valid for six months beyond the contractual delivery date: 1.

  • Successful tenderer will have to arrange insurance showing beneficiary as “Institute for Plasma Research” at their risk and cost towards adequate security for the materials/property provided/issued by the Purchaser as Free Issue Material for the due execution of the contract.

  • This Guarantee/Undertaking shall remain in force upto the midnight of (here put the scheduled date of delivery of the Free Issue Material + 3 months) and any extension thereof.


More Definitions of Free Issue Material

Free Issue Material has the meaning set out in clause 12.9.
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Free Issue Material means material issued free of charge by Purchaser to BRUSH to be used in the production or manufacture of Goods provided by BRUSH under the Contract.
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Free Issue Material means the material supplied free of charge by Employer to Contractor in accordance with Clause 12 and as per the list specified in STC.
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Free Issue Material means any material provided by or on the Customer's behalf which is to be used in the provision of the Service or incorporated into the Goods;
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Free Issue Material means any material & tool provided by purchaser to the supplier during the term of this Contract;
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Free Issue Material means the raw materials or semi-finished goods given by a Centre/Unit to a successful tenderer for value addition as per the terms and conditions of a Contract;
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Free Issue Material means any spares, tools, tackles and consumables issued by the Owner free of charge to the Contractor, on the terms and conditions detailed in the Contract, for the performance of Services.
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