Tooling Purchase Order definition

Tooling Purchase Order has the meaning set forth in Section 18.1.3.

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Tooling Purchase Order means the Contract Documents designated by Toyota which collectively identify the terms of purchase for any Toyota Tooling. In the event there is an inconsistency or conflict between any Tooling Purchase Order and this Agreement, this Agreement shall control. [***] Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has been requested with respect to the omitted portions. Confidential Treatment Requested by Tesla Motors, Inc.

Tooling Purchase Order means a confirmed purchase order, letter of intent and related documentation entered into at arm's length between a Borrower and an account debtor pursuant to which such Borrower has agreed to manufacture and assemble tooling for Inventory to be produced by such Borrower for such account debtor.

Examples of Tooling Purchase Order in a sentence

Seller represents that the price in the Order or the Tooling Purchase Order for the Tooling is no greater than Seller’s actual cost of such Tooling and that there is no mark-up for profit (unless as authorized in this Section 20).
Seller agrees that Buyer has no obligation to Seller or Seller's tooling subcontractor under this Section other than making the payment to Seller in accordance with a Tooling Purchase Order.
All right, title, and interest in and to any part of Tooling to be paid for by Buyer or Buyer's customers (“Buyer-owned Tooling”) shall pass to Buyer as soon as it is acquired or fabricated in accordance with a Tooling Purchase Order or other written documentation issued by Buyer.
All such orders shall be made pursuant to, and shall be governed by, the terms and conditions of that PACCAR Corporate Tooling Purchase Order.
If Buyer issues a Tooling Purchase Order, Seller will design and fabricate, rework, or acquire from such sources as Buyer has given prior approval, and install the tools, dies, fixtures, molds, or patterns ("Tooling"), described in such Tooling Order, subject to the terms and conditions contained herein.
The price set forth in the Order or Tooling Purchase Order shall be adjusted to credit Buyer in the amount, if any, by which the price exceeds Seller’s actual cost as verified.
Seller will notify Buyer immediately upon becoming aware that the Tooling may not be completed by the completion date specified on the Tooling Purchase Order and Seller shall furnish to Buyer a schedule of the actions that Seller will take, at Seller's expense, to achieve completion on the specified completion date.
The terms of the Tooling Purchase Order issued by Bosch, including application of the purchasing terms and conditions applicable to the Supply Agreement, are an integral part of and are incorporated into this Agreement.
Seller shall provide Tooling progress reports from time to time at Buyer’s request and shall promptly notify Buyer in writing if it believes that the Tooling might not be completed by the completion date specified in the Order or Tooling Purchase Order.
Seller represents that the price in the Order or the Tooling Purchase Order for the Tooling is no greater than Seller’s actual cost of such Tooling and that there is no mark-up for profit (unless as authorized in this Section 21).

More Definitions of Tooling Purchase Order

Tooling Purchase Order is a document issued by Fortaco to the Supplier for the purchase of Typebound Tooling.

Tooling Purchase Order means a purchase order and related documentation, in form and substance satisfactory to Foothill, entered into at arm's length between Borrower and General Motors Corporation pursuant to which Borrower has agreed to manufacture and assemble tooling for automotive platforms awarded by General Motors Corporation to Borrower.

Tooling Purchase Order means the Specific Contract Documents designated by a Toyota Party that collectively specify the terms of purchase for any Tooling.