Common use of Customer’s Property Clause in Contracts

Customer’s Property. Title to and right of immediate possession of any property, including without limitation, patterns, tools, jigs, dies, equipment or materials furnished or paid for by the Customer shall remain in Customer. No articles made therefrom shall be furnished by Supplier to any other party without Customer’s prior written consent. Supplier may not use Customer’s property for any purpose outside the scope of Customer’s orders. Supplier shall keep adequate records of such property, which shall be made available to Customer upon request, and shall store, protect, preserve, repair and maintain such Customer’s property in accordance with sound industrial practice, all at Supplier’s expense. Unless otherwise agreed to by Customer, Supplier shall insure Customer’s interest in such the property against all risks of theft, loss or damage (including extended coverage). Copies of certificates of insurance evidencing this coverage will be furnished to Customer on demand. In the event that Xxxxxxxx’s property becomes lost or damaged Supplier agrees to pay for or replace the property, at Supplier’s expense, at Customer’s request. Supplier shall upon Customer’s request return the property at Supplier’s expense.

Customer’s Property. Title to and right of immediate possession of any property, including without limitation, patterns, tools, jigs, dies, equipment or materials furnished or paid for by the Customer shall remain in Customer. No articles made therefrom shall be furnished by Supplier to any other party without Customer’s prior written consent. Supplier may not use Customer’s property for any purpose outside the scope of Customer’s orders. Supplier shall keep adequate records of such property, which shall be made available to Customer upon request, and shall store, protect, preserve, repair and maintain such Customer’s property in accordance with sound industrial practice, all at Supplier’s expense. Unless otherwise agreed to by Customer, Supplier shall insure Customer’s interest in such the property against all risks of theft, loss or damage (including extended coverage). Copies of certificates of insurance evidencing this coverage will be furnished to Customer on demand. In the event that Xxxxxxxxthe Customer’s property becomes lost or damaged Supplier agrees to pay for or replace the property, at Supplier’s expense, at Customer’s request. Supplier shall upon Customer’s request return the property at Supplier’s expense.