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Common use of Free Issue Clause in Contracts

Free Issue. Materials provided by the Buyer shall remain the property of the Buyer at all times. Ownership of Free Issue Materials acquired or manufactured by the Buyer shall automatically transfer to Buyer upon acquisition or completion of manufacture (as the case may be). No further action by any party is required to make such transfer effective.

Appears in 7 contracts

Samples: General Purchase Conditions, Purchase Agreement, General Purchase Conditions