Common use of PURCHASER’S PROPERTY Clause in Contracts

PURCHASER’S PROPERTY. (a) Unless otherwise expressly provided in this Agreement, all Special Property (hereinafter defined), and all tangible and intangible property furnished by the Purchaser to the Seller, or based on or derived from the Purchaser’s confidential or otherwise proprietary information, or produced or purchased by the Seller at the Purchaser’s expense, for use in the Seller’s performance hereunder, and any replacement thereof, is and shall remain the exclusive property of the Purchaser. For purposes of this Agreement, “Special Property” includes without limitation, any design pattern, mould, tool, die, jig, fixture, drawing, or other machine or equipment furnished or paid for by the Purchaser in connection with a purchase order. (b) All such Special Property is to be kept in good repair and delivered to the Purchaser upon request, and shall not be used in the manufacture of any article for anyone other than the Purchaser. (c) Special Property acquired specially for performance of a purchase order and the cost of which or for which the Purchaser is to pay the Seller as a separate item as indicated on the face of the relevant purchase order, shall upon such payment, become the property of the Purchaser. (d) Further, all drawings, specifications, technical data or other information furnished by the Purchaser hereunder shall remain the property of the Purchaser and shall not be disclosed by the Seller to others or used for any purpose other than fulfilling the relevant purchase order.