Supplies definition
Examples of Supplies in a sentence
Provided Company is not in breach of its payment obligations under this Agreement, (i) Contractor shall use reasonable efforts to ensure no liens, claims, or encumbrances arise against the Facilities, the Project Site, Supplies, or Company property as a result of Contractor’s performance of the Services, and (ii) Contractor shall obtain conditional and/or unconditional lien waivers (in a form reasonably acceptable to Company) as payments from Contractor to its suppliers and subcontractors are made.
Except as expressly stated otherwise, Contractor shall retain care, custody, and control of the Services, systems, facility, or relevant portion of the Facilities under its responsibility, and all Supplies intended for incorporation into the Facilities until issuance of a Turnover certificate below.
Title to all Supplies purchased for incorporation into the Facilities shall vest in Company upon the earlier of (i) payment by Company for such Supplies, or (ii) delivery of such Supplies to the Project site.
Contractor shall perform engineering, procurement, and construction services and deliver Supplies as set forth in the Exhibit 1 (hereinafter referred to as the “Services”) in connection with Company’s Piketon, Ohio Facilities (the “Facilities”) with respect to the Company’s Low-Enriched Uranium and High-Assay Low Enriched Uranium production expansion project (the “Project”).
Contractor shall, for the protection of Company, demand and obtain from all suppliers and subcontractors from which Contractor procures services or Supplies warranties and guarantees with respect to such services and Supplies which shall be made available to Company to the full extent of the terms thereof and such warranties shall be in accordance with Company requirements specified per the procurement process set forth in Section XIV.2 or as may be agreed to by Company in writing.