Common use of BUYER’S PROPERTY Clause in Contracts

BUYER’S PROPERTY. Any property, including but not limited to equipment, tools, fixtures, dies, jigs, patterns, gauges or materials, furnished either directly or indirectly by Buyer to Seller in connection with this Agreement, or which Buyer buys from, or gives reimbursement to, Seller in whole or in part (collectively, “Buyer’s Property”) is the sole property of Buyer and will be held by Seller on a bailment basis. Seller agrees that Buyer has the right, at any time, to retake possession of Buyer’s Property. While in Seller’s custody or control, Seller bears the risk of loss, theft and damage to Buyer’s Property. Seller agrees to keep Buyer’s Property free from all liens and encumbrances and insure Buyer’s Property against loss or destruction. Seller must permanently xxxx all Buyer’s Property as “Property of Buyer”. Seller will: (a) use Buyer’s Property only for the performance of this Agreement, (b) not deem Buyer’s Property to be personal, (c) not move Buyer’s Property from the address designated on the purchase order without prior written approval from Buyer, and (d) not sell, transfer or otherwise dispose of Buyer’s Property without the prior written consent of Buyer. Buyer has the right to enter Seller’s premises at all reasonable times to inspect Buyer’s Property and Seller’s related records.

BUYER’S PROPERTY. Any property, including but not limited to equipment, tools, fixtures, dies, jigs, patterns, gauges or materials, furnished either directly or indirectly by Buyer to Seller in connection with this Agreement, or which Buyer buys from, or gives reimbursement to, Seller in whole or in part (collectively, “Buyer’s Property”) is the sole property of Buyer and will be held by Seller on a bailment basis. Seller Xxxxxx agrees that Buyer Xxxxx has the right, at any time, to retake possession of BuyerXxxxx’s Property. While in Seller’s custody or control, Seller bears the risk of loss, theft and damage to BuyerXxxxx’s Property. Seller Xxxxxx agrees to keep BuyerXxxxx’s Property free from all liens and encumbrances and insure Buyer’s Property against loss or destruction. Seller must permanently xxxx mark all Buyer’s Property as “Property of Buyer”. Seller will: (a) use Buyer’s Property only for the performance of this Agreement, (b) not deem Buyer’s Property to be personal, (c) not move Buyer’s Property from the address designated on the purchase order without prior written approval from Buyer, and (d) not sell, transfer or otherwise dispose of Buyer’s Property without the prior written consent of Buyer. Buyer has the right to enter Seller’s premises at all reasonable times to inspect Buyer’s Property and Seller’s related records.

BUYER’S PROPERTY. Any property, including but not limited to equipment, tools, fixtures, dies, jigs, patterns, gauges or materials, furnished either directly or indirectly by Buyer to Seller in connection with this Agreement, or which Buyer buys from, or gives reimbursement to, Seller in whole or in part (collectively, “Buyer’s Property”) is the sole property of Buyer and will be held by Seller on a bailment basis. Seller agrees that Buyer has the right, at any time, to retake possession of Buyer’s Property. While in Seller’s custody or control, Seller bears the risk of loss, theft and damage to Buyer’s Property. Seller agrees to keep Buyer’s Property free from all liens and encumbrances and insure Buyer’s Property against loss or destruction. Seller must permanently xxxx all Buyer’s Property as “Property of Buyer”. Seller will: (a) use Buyer’s Property only for the performance of this Agreement, (b) not deem Buyer’s Property to be personal, personal (c) not move Buyer’s Property from the address designated on the purchase order without prior written approval from Buyer, and (d) not sell, transfer or otherwise dispose of Buyer’s Property without the prior written consent of Buyer. Buyer has the right to enter Seller’s premises at all reasonable times to inspect Buyer’s Property and Seller’s related records.

BUYER’S PROPERTY. Any property, including but not limited to equipment, tools, fixtures, dies, jigs, patterns, gauges or materials, furnished either directly or indirectly by Buyer to Seller in connection with this Agreement, or which Buyer buys from, or gives reimbursement to, Seller in whole or in part (collectively, “Buyer’s Property”) is will be and remains the sole property of Buyer and will be held by Seller on a bailment basis. Seller Xxxxxx agrees that Buyer Xxxxx has the right, at any time, time to retake possession of Buyeror request the return of Xxxxx’s Property. While in Seller’s custody or control, Seller bears the risk of loss, theft and damage to BuyerXxxxx’s Property. Seller Xxxxxx agrees to keep BuyerXxxxx’s Property free from all liens and encumbrances and insure the Buyer’s Property against loss or destruction. Seller must permanently xxxx mark all Buyer’s Property as “Property of Buyer”. At all times, Seller will: (a) use Buyer’s Property only for the performance of this Agreement, (b) not deem Buyer’s Property to be personal, personal (c) not move Buyer’s Property from the address designated on the purchase order without prior written approval from Buyer, and (d) Seller will not sell, transfer or otherwise dispose of Buyer’s Property without the prior written consent of Buyerby Xxxxx. Buyer has the right to enter Seller’s premises at all reasonable times to inspect Buyer’s Property and Seller’s related records. If Buyer purchases the Buyer’s Property from Seller, it must be built robustly and durably for its intended use.

BUYER’S PROPERTY. Any property, including but not limited to equipment, tools, fixtures, dies, jigs, patterns, gauges or materials, furnished either directly or indirectly by Buyer to Seller in connection with this Agreement, or which Buyer buys from, or gives reimbursement to, Seller in whole or in part (collectively, “Buyer’s Property”) is will be and remains the sole property of Buyer and will be held by Seller on a bailment basis. Seller agrees that Buyer has the right, at any time, time to retake possession of or request the return of Buyer’s Property. While in Seller’s custody or control, Seller bears the risk of loss, theft and damage to Buyer’s Property. Seller agrees to keep Buyer’s Property free from all liens and encumbrances and insure the Buyer’s Property against loss or destruction. Seller must permanently xxxx all Buyer’s Property as “Property of Buyer”. At all times, Seller will: (a) use Buyer’s Property only for the performance of this Agreement, (b) not deem Buyer’s Property to be personal, personal (c) not move Buyer’s Property from the address designated on the purchase order without prior written approval from Buyer, and (d) Seller will not sell, transfer or otherwise dispose of Buyer’s Property without the prior written consent of by Buyer. Buyer has the right to enter Seller’s premises at all reasonable times to inspect Buyer’s Property and Seller’s related records. If Buyer purchases the Buyer’s Property from Seller, it must be built robustly and durably for its intended use.