BSC Tooling Sample Clauses

BSC Tooling. Any tooling supplied by BSC to or purchased by BSC from GB is and remains the property of BSC. Clearly visible asset tags will be assigned and applied to all such tooling specifying Boston Scientific as the owner of that tooling. GB will (a) store and maintain all BSC tooling in good working condition, (b) insure it at full replacement value under an all-risk policy of property insurance endorsed to name BSC as an additional insured with respect to such tooling, and (c) not relocate said tooling without the express written permission of BSC. All direct charges for maintenance, repair or replacement after expiration of useful life of any BSC tooling by GB or any third party, other than that which may be caused by misuse of any tooling or breach hereof by GB, will be the sole financial responsibility of BSC. GB will use BSC tooling only in the manufacture of Products pursuant to this Agreement and will return said tooling without cost other than freight and packaging charges to BSC at any time upon the written request of BSC.
Sample 1
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Related to BSC Tooling

  • Tooling Inventory that consists of tooling or replacement parts;

  • Licensed Software Section 3.17(f).......................................27

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