Typebound Tooling definition
Examples of Typebound Tooling in a sentence
In addition, the following applies to Typebound Tooling owned by AǪW.
In the event that Typebound Tooling requires renewal, the Supplier shall notify AǪW thereof in due time.
Any obligation on, or liability or responsibility of, the Supplier that arises from the design of the Part or Typebound Tooling is reduced to the extent that the Supplier’s obligations under the GPC or any agreement between the Supplier and any AB Volvo Subsidiary do not include designing of the Part or Typebound Tooling.
The Supplier shall return to Fortaco all documents transmitted regarding the development, the manufacturing and maintenance of the Typebound Tooling and the Products (e.g. drawings, technical documents).
Typebound Tooling that is the subject of Intellectual Property Right(s) may furthermore not be copied or otherwise used without the consent of the owner of such Intellectual Property Right(s).
In case of termination of the Purchase Agreement for a Product, Fortaco is entitled to acquire the ownership of Typebound Tooling (if not already owned by Fortaco), used solely for production to Fortaco and/or its Affiliates, against payment of market value.
Upon Fortaco’s request, all Typebound Tooling, drawings and other materials shall be returned to Fortaco with the Supplier´s expense.
Typebound Tooling that is the subject of intellectual property right(s) may furthermore not be copied without the consent of the owner of such intellectual property right(s).
Unless otherwise agreed in writing, Typebound Tooling shall be owned by Fortaco.
An invoice related to Typebound Tooling ordered by AǪW shall not be issued until such Typebound Tooling has been approved by AǪW.