Common use of BUYER-FURNISHED PROPERTY Clause in Contracts

BUYER-FURNISHED PROPERTY. All tools or other materials furnished by the Buyer for use in the performance of this Order shall remain the property of the Buyer (or of the Government, as the case may be), shall be used by the Seller in the performance of this Order only, in accordance with the requirements of the Order relating to such use, and shall be returned to the Buyer when requested upon the completion or termination of the Order to the extent not previously delivered to the Buyer. Seller agrees to exercise reasonable care in the safeguarding and preservation of all Buyer furnished property and assumes all responsibility for loss, damage, or destruction while such property is within its possession or control.

BUYER-FURNISHED PROPERTY. All tools or other materials furnished by the Buyer for the use in the performance of this Order order shall remain the property of the Buyer (or of the Government, as the case may be), shall be used by the Seller in the performance of this Order order only, in accordance with the requirements of the Order order relating to such use, and shall be returned to the Buyer when requested upon the completion or termination of the Order order to the extent not previously delivered to the Buyer. Seller agrees to exercise reasonable care in the safeguarding and exercise reasonable care in the safeguard and preservation of all Buyer Buyer-furnished property and assumes all responsibility for loss, damage, damage or destruction while such property is within its possession or control.

BUYER-FURNISHED PROPERTY. All tools or other materials furnished by the Buyer for use in the performance of this Order order shall remain the property of the Buyer (or of the Government, as the case may be)Buyer, shall be used by the Seller in the performance of this Order only, order only in accordance with the requirements of the Order order relating to such use, use and shall be returned to the Buyer when requested upon the completion or termination of the Order order to the extent not previously delivered to the Buyer. Seller agrees to exercise reasonable care in the safeguarding and preservation of all Buyer Buyer-furnished property and assumes all responsibility for loss, damage, damage or destruction while with such property that is within its possession or control. Seller shall properly insure such Buyer-furnished property against all risks.

BUYER-FURNISHED PROPERTY. All tools or other materials furnished by the Buyer for use in the performance of this Order order shall remain the property of the Buyer (or of the Government, as the case may be), shall be used by the Seller in the performance of this Order order only, in accordance with the requirements of the Order order relating to such use, and shall be returned to the Buyer when requested upon the completion or termination of the Order order to the extent not previously delivered to the Buyer. Seller agrees to exercise reasonable care in the safeguarding and preservation of all Buyer Buyer-furnished property and assumes all responsibility for loss, damage, damage or destruction while such property is within its possession or control.