Common use of Responsibility for Property Clause in Contracts

Responsibility for Property. Unless otherwise specified, upon delivery to Seller, or manufacture or acquisition by Seller, of any materials, parts, tooling, data or other property, title to which is held by Buyer, Seller assumes the risk of and shall be responsible for any loss thereof or damage thereto. In accordance with the provisions of this Purchase Order, but in any event upon completion thereof, Seller shall return such property to Buyer in the condition in which it was received, except for reasonable wear and tear, and except for such property as has been reasonably consumed in the proper performance of this Purchase Order.

Appears in 6 contracts

Sources: Purchase Order, Purchase Agreement, Purchase Order

Responsibility for Property. Unless otherwise specified, upon delivery to Seller, or manufacture manufac- ture or acquisition by Seller, of any materials, parts, tooling, data or other property, title to which is held by Buyer, Seller assumes the risk of and shall be responsible for any loss thereof or damage thereto. In accordance with the provisions of this Purchase Order, but in any event upon completion thereof, Seller shall return such property to Buyer in the condition in which it was received, except for reasonable wear and tear, and except for such property as has been reasonably consumed in the proper performance of this Purchase Pur- chase Order.

Appears in 1 contract

Sources: Purchase Order

Responsibility for Property. Unless otherwise specified, upon delivery to Seller, Seller or manufacture or acquisition by Seller, Seller of any materials, parts, tooling, tooling data or other property, title to which is held by in Buyer, Seller assumes the he risk of and shall be responsible for any loss thereof or damage thereto. In accordance with the provisions of this Purchase Order, /Contract but in any event upon completion thereof, Seller shall return such property to Buyer in the condition in which it was received, received except for reasonable wear and tear, tear and except for such property as has been reasonably consumed in the proper performance of this Purchase Order/Contract.

Appears in 1 contract

Sources: Purchase Order/Contract

Responsibility for Property. Unless otherwise specified, upon delivery to Seller, Seller or manufacture or acquisition by Seller, Seller of any materials, parts, tooling, data or other property, [illegible] title to which is held by in Buyer, Seller assumes the risk of and shall be responsible for any loss thereof or damage thereto. In accordance with the provisions of this Purchase Order, but in any event upon completion thereofevent, [illegible] Seller shall return such property to [illegible] Buyer in the condition in which it was received, received except for reasonable wear and tear, and tear [illegible] except for such property Property as has been reasonably consumed in the proper performance of this Purchase Order.

Appears in 1 contract

Sources: Contact Contract Extension (Decrane Aircraft Holdings Inc)