Materials Disposition Clause Samples

The Materials Disposition clause defines how materials, equipment, or property used or produced during a project or contract are to be handled once the work is completed or terminated. Typically, this clause specifies whether materials should be returned to the owner, disposed of, sold, or retained by the contractor, and may outline procedures for inventory, transfer, or sale. Its core function is to ensure clear, agreed-upon processes for the final handling of materials, thereby preventing disputes and clarifying ownership or responsibility at the end of the contractual relationship.
Materials Disposition. ‌ Each Deposit Batch, all Items that have not been deposited or truncated, and the other documents described in Section 5 above will be provided to Client daily as instructed by Client.
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Materials Disposition. In the event of termination under paragraph 18.1.3, Company will purchase from Contractor all scheduled Finished Goods and Materials inventory affected by termination. Contractor agrees, in the event of termination under paragraph 18.1.3 to, (i) immediately terminate all open purchase orders for Materials, (ii) pursue the return for refund or credit of Materials already received but not in Manufacture, and (iii) follow all reasonable instructions to minimize the cost of such termination to Company.
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Related to Materials Disposition

  • Data Disposition When the contracted work has been completed or when the Data is no longer needed, except as noted above in Section 5.b, Data shall be returned to DSHS or destroyed. Media on which Data may be stored and associated acceptable methods of destruction are as follows: Data stored on: Will be destroyed by:

  • Final Disposition Notwithstanding any other provision in this Agreement, no determination as to entitlement to indemnification under this Agreement shall be required to be made prior to the final disposition of the Proceeding.

  • Nature of Disposition Disposition shall be by destruction or deletion of data. Disposition shall be by a transfer of data. The data shall be transferred to the following site as follows:

  • Notice of Disposition To the extent that this Option is designated as an Incentive Option, if Shares of Common Stock acquired upon exercise of the Option are disposed of within two years following the date of grant or one year following the transfer of such Shares to the Participant upon exercise, the Participant shall, promptly following such disposition, notify the Corporation in writing of the date and terms of such disposition and provide such other information regarding the disposition as the Administrator may reasonably require.

  • Extent of Disposition Disposition is partial. The categories of data to be disposed of are set forth below or are found in an attachment to this Directive: Disposition is Complete. Disposition extends to all categories of data.