Common use of Equipment Expenses Clause in Contracts

Equipment Expenses. If Bxxxxx is required to obtain specialized equipment approved by Client in order to Produce Product for Client, the costs of such equipment shall be paid by Client, i.e., the actual purchase price paid by Bxxxxx including shipping and insurance costs plus a service fee that will cover specified costs from Bxxxxx. Specified costs shall include but are not limited to establishing the design of the equipment, managing the suppliers (price negotiation, procurement, receipt of equipment), installation and qualification of the equipment and preventative maintenance. These costs will be provided for each involved item. The service fee shall not exceed *** percent (***%) on the actual purchase price plus VAT. Bxxxxx shall advise Client of the specialized equipment required and the estimated costs associated with the purchase and installation of such equipment. Client shall be invoiced for all approved costs regarding equipment by Bxxxxx, and Client shall make payments promptly thereafter.

Equipment Expenses. If Bxxxxx Xxxxxx is required to obtain specialized equipment approved by Client in order to Produce Product for Client, the costs of such equipment shall be paid by Client, i.e., the actual purchase price paid by Bxxxxx Xxxxxx including shipping and insurance costs plus a service fee that will cover specified costs from BxxxxxXxxxxx. Specified costs shall include but are not limited to establishing the design of the equipment, managing the suppliers (price negotiation, procurement, receipt of equipment), installation and qualification of the equipment and preventative maintenance. These costs will be provided for each involved item. The service fee shall not exceed *** *percent (***%) on the actual purchase price plus VAT. Bxxxxx Xxxxxx shall advise Client of the specialized equipment required and the estimated costs associated with the purchase and installation of such equipment. Client shall be invoiced for all approved costs regarding equipment by BxxxxxXxxxxx, and Client shall make payments promptly thereafter.

Equipment Expenses. If Bxxxxx is required to obtain specialized equipment approved by Client in order to Produce Product for Client, the costs of such equipment shall be paid by Client, i.e., the actual purchase price paid by Bxxxxx including shipping and insurance costs plus a service fee that will cover specified costs from Bxxxxx. Specified costs shall include but are not limited to establishing the design of the equipment, managing the suppliers (price negotiation, procurement, receipt of equipment), installation and qualification of the equipment and preventative maintenance. These costs will be provided for each involved item. The service fee shall not exceed *** *percent (***%) on the actual purchase price plus VAT. Bxxxxx shall advise Client of the specialized equipment required and the estimated costs associated with the purchase and installation of such equipment. Client shall be invoiced for all approved costs regarding equipment by Bxxxxx, and Client shall make payments promptly thereafter.