TOOLS AND DRAWINGS Clause Samples

TOOLS AND DRAWINGS. 12.1. Tools, samples, models, measurements, etc., which were ordered from the Supplier or third parties for the Contracting Entity, or rather which the Contracting Entity produced in order to give or make available to the Supplier, are owned in full by the Contracting Entity. Care for maintenance and renewal is assumed by the Supplier, who is responsible for the placing of orders for component parts. Every new tool, which is provided by the Contracting Entity to the Supplier for exploitation, is subject to a separate agreement. The Supplier is obliged to provide the Contracting Entity with a monthly updated time schedule of production (and delivery) of tools. The Supplier must manage an up-to-date record of tool maintenance and repair. 12.2. The Supplier is not allowed to produce any parts on account of third parties on the basis of drawings, tools or models owned by the Contracting Entity without prior written approval by the Contracting Entity. On the contrary, the Contracting Entity will consider this as an act of unfair competition, which is subject to compensation payment from the Supplier. Tools may not be altered of destroyed without prior written consensus from the Contracting Entity. 12.3. The Supplier assumes all liability and costs arising in case of damage, destruction or theft of tools from item 12.1.
View SourceView Similar (2)
TOOLS AND DRAWINGS. All materials, including but not limited to dies, gauges, molds, tools, fixtures, patterns or other items furnished by the buyer shall be fully covered by buyer with fire and extended coverage insurance and seller shall not be liable for damages to or loss of such materials resulting from risks covered by such insurance unless specifically requested by buyer and made a part of the order at buyer’s expense. Buyer on behalf of itself and its insurers hereby releases seller from all liability arising in connection with any loss of or damage to such materials arising out of seller’s negligence or otherwise. All specifications, drawings, design, data, information, ideas, methods, patterns, and/or inventions, made conceived, developed, or acquired by seller, incident to procuring and/or carrying out this contract will vest in and inure to seller’s sole benefit. Seller agrees not to disclose, give, loan, exhibit or sell to any other person any confidential manual, drawing, photograph, or specification or reproduction thereof furnished by seller except in connection with the resale of the product covered by or furnished under this contract.
View Source
TOOLS AND DRAWINGS. All materials, including but not limited to dies, gauges, molds, tools, fixtures, patterns or other items furnished by the buyer shall be fully covered by buyer with fire and extended coverage insurance and seller shall not be liable for damages to or loss of such materials resulting from risks covered by such insurance unless specifically requested by buyer and made a part of the order at buyer’s expense. Buyer on behalf of itself and its insurers hereby releases seller from all liability arising in connection with any loss of or damage to such materials arising out of seller’s negligence or otherwise. Dies inactive for a period of three years may at option of seller be scrapped upon notification of intent to buyer and upon failure to receive advice to the contrary within 90 days. Any resulting scrap value of dies shall belong to seller as payment in full for storage and maintenance costs. All specifications, drawings, design, data, information, ideas, methods, patterns, and/or inventions, made conceived, developed, or acquired by seller, incident to procuring and/or carrying out this contract will vest in and inure to seller’s sole benefit. ▇▇▇▇▇ agrees not to disclose, give, loan, exhibit or sell to any other person any confidential manual, drawing, photograph, or specification or reproduction thereof furnished by seller except in connection with the resale of the product covered by or furnished under this contract. Special dies paid for by the buyer will be limited in use to buyer’s requirements excepting by permission. ▇▇▇▇▇▇ agrees to keep dies in normal and reasonable state of good preservation as long as they remain in seller’s control, but ▇▇▇▇▇▇ accepts no responsibility for the operation of these dies when used in any other plant than seller’s or after they have been once removed. Cost of adaptation, modification or excessive maintenance of tooling furnished by buyer will be charged for.
View Source
TOOLS AND DRAWINGS. 11.1. Tools and drawings, which are made by us in connec- tion with an order, shall be our property. Tools and drawings are normally not delivered for use by the customer or others. 11.2. Any stated tool life is not guaranteed. For major repairs we normally have the right to charge the customer separately. Unless otherwise agreed, the customer also covers the costs of new tools when old ones are worn out. Any major repair or new tool production is not commenced, however, without the cus- tomer’s approval. 11.3. We are normally not obliged to keep tools and drawings for more than three years from the last delivery date.
View Source
TOOLS AND DRAWINGS. 9.1 All tools, equipment, patterns, drawings, specifications and documentation supplied by the Buyer to the Vendor shall remain the property of the Buyer together with all intellectual property rights of whatever nature therein and all such items shall be used solely for the purpose of the Agreement and returned to the Buyer forthwith on request or upon completion of the Agreement whichever is earlier. In the event that the Vendor fails so to return such tools, equipment, patterns, drawings, specifications and documentation the Buyer is hereby irrevocably authorised without any requirement as to notice to enter upon the premises of the Vendor for the purpose only of recovering the said tools, equipment, patterns, drawings, specifications and descriptive matter. 9.2 Risk in such tools, equipment, patterns, drawings, specifications and documentation shall pass to the Vendor upon delivery of the same to the Vendor or collection by the Vendor and shall remain with the Vendor until the same are returned to the Buyer’s premises or collected by the Buyer as the case may be. The Vendor shall indemnify the Buyer in full against any and all loss and/or damage of such tools, equipment, patterns, drawings, specifications and documentation and shall insure the same whilst at its risk.
View Source

Related to TOOLS AND DRAWINGS

  • Controls and Integration The existing RTU is sufficient for the scope of this project. Spare I/O points will be used to accommodate the additions required.

  • Tools and Equipment As established by current practices, the Employer may determine and provide necessary tools, tool allowance, equipment and foul weather gear. The Employer will repair or replace employer-provided tools and equipment if damaged or worn out beyond usefulness in the normal course of business. Employees are accountable for equipment and/or tools assigned to them and will maintain them in a clean and serviceable condition.

  • Disclosure Controls and Procedures The Company maintains effective “disclosure controls and procedures” (as defined under Rule 13a-15(e) under the Exchange Act to the extent required by such rule).

  • Controls and Procedures 11.1. The Company has implemented controls and procedures that are reasonably designed to ensure compliance with applicable laws and regulations, as well as the terms of this Agreement. Without limiting the foregoing, these controls and procedures are reasonably designed to ensure, and MFD or a Trust may request certifications on an annual basis with respect to, each of the following: (a) Orders for Shares received by the Company for each Portfolio comply with the Portfolio’s restrictions with respect to purchases, transfers, redemptions and exchanges as set forth in each Portfolio’s prospectus and statement of additional information; (b) Orders for Shares received by the Company prior to the Portfolio’s pricing time set forth in its prospectus (e.g., the close of the New York Stock Exchange – normally 4:00 p.m. Eastern time) are segregated from those received by the Company at or after such time, and are properly transmitted to the Portfolios (or their agents) for execution at the current day’s net asset value (“NAV”); and orders received by the Company at or after such time are properly transmitted to the Portfolios (or their agents) for execution at the next day’s NAV; (c) Late trading in Shares by Policy holders is identified and prevented and market timing is appropriately addressed; (d) Compliance with applicable state securities laws, including without limitation “blue sky” laws and related rules and regulations; (e) Compliance with all applicable federal, state and foreign laws, rules and regulations regarding the detection and prevention of money laundering activity; and (f) Effective business continuity and disaster recovery systems with respect to the services contemplated by the Agreement.

  • CERTIFICATIONS; DISCLOSURE CONTROLS AND PROCEDURES The Adviser acknowledges that, in compliance with the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 (the “▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act”), and the implementing regulations promulgated thereunder, the Trust and the Fund are required to make certain certifications and have adopted disclosure controls and procedures. To the extent reasonably requested by the Trust, the Adviser agrees to use its best efforts to assist the Trust and the Fund in complying with the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act and implementing the Trust’s disclosure controls and procedures. The Adviser agrees to inform the Trust of any material development related to the Fund that the Adviser reasonably believes is relevant to the Fund’s certification obligations under the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act.