ITEMS PRODUCED OR PURCHASED UNDER THE CONTRACT. FIXED ASSETS 9.1 The following provisions apply to any items other than those which are specified in this Contract and its applicable documents as being deliverable items. 9.2 The title to the property of any items produced or procured under the Contract, including electronic components, special jigs, tools, test equipment, and paid for by the Contract, with an individual or batch value in the national currency equivalent or above € 5,000, shall belong to the Agency. All such items are deliverable and shall become property of the Agency, at such time as they are not longer required for the performance of the Contractor's tasks and at the latest after the successful completion of the CRR of MTG-S2. As long as they are under the Contractor's control, he shall be responsible for them in accordance with Clause 10 of the General Conditions. 9.3 The Contractor shall maintain an inventory of all such items (called “Contract inventory”) and he shall xxxx those items as falling under this Article of the Contract. The inventory shall be updated and made available to the Agency/ASG during the execution of the Contract. A final issue of that inventory shall be submitted with the final contractual deliverables. If that inventory includes also any deliverable items, as specified in this contract and its applicable documents, the latter are to be clearly set apart. 9.4 Upon completion of the work specified in the Contract, the Agency shall take decisions regarding the final destination and the final owner of each of the items listed in the Contract inventory, apart from those which are governed by the provisions of this Contract as being deliverable items. The Agency shall be free to choose amongst the following options with respect to final destination and to final owner: a) the right to claim delivery to the Agency and transfer of ownership – with issue of appropriate instructions concerning packing and shipment (at the Agency’s expenses), b) the right to claim transfer of ownership and to negotiate with the Contractor a loan agreement if the latter is interested in keeping and using an item that the Agency wants to acquire without delay – with loan conditions making the Contractor responsible for the custody, the delayed delivery and their risks (at the Contractor’s expenses), c) the right to extend the custody of an item by the Contractor (for instance: as a preservation measure for further work contracted by the Agency) and to postpone its delivery to the Agency and the associated transfer of ownership – on conditions to be negotiated, d) the renunciation of any rights to claim delivery and to claim transfer of ownership, leaving definitively the item in the possession and in the ownership of the Contractor - with or without financial compensation for the Agency (e.g. repurchase by the Contractor) and with or without special instruction, e) the right to request the Contractor to dispose of an item – on conditions to be negotiated. The decisions taken by the Agency shall lead to instructions or negotiations, as the case may be. 9.5 The Contractor shall comply with the Agency’s instructions and with the agreements referred to in paragraph 9.4. This process will be recorded as per the Inventory List in Appendix F hereto. 9.6 The Contractor shall ensure that the same terms, including the Agency's right of inspections apply to his Sub-contractors and suppliers. 9.7 The procedure to be followed for the implementation of this Article is described in Appendix C.
Appears in 2 contracts
ITEMS PRODUCED OR PURCHASED UNDER THE CONTRACT. FIXED ASSETS
9.1 4.1 The following provisions apply to any items other than those items which are specified in this Contract and its applicable documents as being deliverable itemsfall within the scope of Article 2 of the Contract.
9.2 4.2 The title to the property of any items produced or procured under the Contract, including electronic components, special jigs, tools, test equipment, and which are paid for by under the Contract, with an individual or batch value in the national currency equivalent to, or above € 5,0005,000 Euro, shall belong pass to the Agency unless otherwise decided by the Agency. All In view of the above, all such items are deliverable and shall become property to be delivered to the Agency at the end of the Agency, Contract. They may also be delivered at such time as they are an earlier stage if so requested by the Agency where this will not longer required for cause a problem to the performance of Contractor in completing the Contractor's tasks and at work specified in the latest after the successful completion of the CRR of MTG-S2. As long as they are under the Contractor's control, he shall be responsible for them in accordance with Clause 10 of the General ConditionsContract.
9.3 4.3 The Contractor shall maintain an inventory of all such items (called “Contract inventory”) and he shall xxxx mark those items as falling under this Article of the Contract. The inventory shall be updated and made available to the Agency/ASG Agency during the execution of the Contract. A final issue of that inventory shall be submitted with the final contractual deliverablesdeliverables as foreseen in Appendix 3 Annex A Table 2.1.2. If that inventory also includes also any deliverable itemsof those items which fall within the scope of Article 2 of the Contract, as specified in this contract and its applicable documents, the latter these items are to be clearly set apart.
9.4 4.4 Upon completion of the work specified in the Contract, the Agency shall take decisions regarding the final destination and the final owner of each of the items listed in the Contract inventory, apart from those which are governed by the provisions of this Contract as being deliverable itemsArticle 2. The Agency shall be free to choose amongst the following options with respect to final destination and to final owner:
a) the right to claim delivery to the Agency and transfer of ownership – with issue of appropriate instructions concerning packing and shipment (at the AgencyContractor’s expenses),
b) the right to claim transfer of ownership and to negotiate with the Contractor a loan agreement if the latter Contractor is interested in keeping and using an item that the Agency wants to acquire without delay – delay, with loan conditions making the Contractor responsible for the custody, the delayed delivery and their the risks involved (at the Contractor’s expenses),
c) the right to extend the custody of an item by to the Contractor (for instance: as a preservation protection measure for further work contracted by the Agency) and to postpone its delivery to the Agency and the associated transfer of ownership – on conditions to be negotiated,
d) the renunciation of any rights to claim delivery and to claim transfer of ownership, leaving definitively the item in the possession and in the ownership of the Contractor - Contractor, with or without financial compensation for the Agency (e.g. repurchase by the Contractor) and with or without special instruction, ,
e) the right to request the Contractor to dispose of an item – on conditions to be negotiated. The decisions taken by the Agency shall lead to instructions or negotiations, as the case may be.
9.5 4.5 The Contractor shall comply with the Agency’s instructions and with the agreements referred to in paragraph 9.4. Article 4.4.
4.6 This process will be recorded as per the Inventory List in Appendix F heretorelevant part of the Contract Closure Documentation.
9.6 The Contractor shall ensure that the same terms, including the Agency's right of inspections apply to his Sub-contractors and suppliers.
9.7 The procedure to be followed for the implementation of this Article is described in Appendix C.
Appears in 1 contract
Samples: Contract
ITEMS PRODUCED OR PURCHASED UNDER THE CONTRACT. FIXED ASSETS
9.1 4.1 The following provisions apply to any items other than those items which are specified in this Contract and its applicable documents as being deliverable itemsfall within the scope of Article 2 of the Contract.
9.2 4.2 The title to the property of any items produced or procured under the Contract, including electronic components, special jigs, tools, test equipment, and which are paid for by under the Contract, with an individual or batch value in the national currency equivalent to, or above € 5,0005,000 Euro, shall belong pass to the Agency unless otherwise decided by the Agency. All In view of the above, all such items are deliverable and shall become property to be delivered to the Agency at the end of the Agency, Contract. They may also be delivered at such time as they are an earlier stage if so requested by the Agency where this will not longer required for cause a problem to the performance of Contractor in completing the Contractor's tasks and at work specified in the latest after the successful completion of the CRR of MTG-S2. As long as they are under the Contractor's control, he shall be responsible for them in accordance with Clause 10 of the General ConditionsContract.
9.3 4.3 The Contractor shall maintain an inventory of all such items (called “Contract inventoryInventory”) and he shall xxxx mark those items as falling under this Article of the Contract. The inventory shall be updated and made available to the Agency/ASG Agency during the execution of the Contract. A final issue of that inventory shall be submitted with the final contractual deliverables. If that inventory also includes also any deliverable itemsof those items which fall within the scope of Article 2 of the Contract, as specified in this contract and its applicable documents, the latter these items are to be clearly set apart.
9.4 4.4 Upon completion of the work specified in the Contract, the Agency shall take decisions regarding the final destination and the final owner of each of the items listed in the Contract inventoryInventory, apart from those which are governed by the provisions of this Contract as being deliverable itemsArticle 2. The Agency shall be free to choose amongst the following options with respect to final destination and to final owner:
a) the right to claim delivery to the Agency and transfer of ownership – with issue of appropriate instructions concerning packing and shipment (at the AgencyContractor’s expenses),
b) the right to claim transfer of ownership and to negotiate with the Contractor a loan agreement if the latter Contractor is interested in keeping and using an item that the Agency wants to acquire without delay – delay, with loan conditions making the Contractor responsible for the custody, the delayed delivery and their the risks involved (at the Contractor’s expenses),
c) the right to extend the custody of an item by to the Contractor (for instance: as a preservation protection measure for further work contracted by the Agency) and to postpone its delivery to the Agency and the associated transfer of ownership – on conditions to be negotiated,
d) the renunciation of any rights to claim delivery and to claim transfer of ownership, leaving definitively the item in the possession and in the ownership of the Contractor - Contractor, with or without financial compensation for the Agency (e.g. repurchase by the Contractor) and with or without special instruction, ,
e) the right to request the Contractor to dispose of an item – on conditions to be negotiated. The decisions taken by the Agency shall lead to instructions or negotiations, as the case may be.
9.5 4.5 The Contractor shall comply with the Agency’s instructions and with the agreements referred to in paragraph 9.4. Article 4.4 above.
4.6 This process will be recorded as per the Inventory List of Fixed Assets in Appendix F 3 hereto.
9.6 The Contractor shall ensure that the same terms, including the Agency's right of inspections apply to his Sub-contractors and suppliers.
9.7 The procedure to be followed for the implementation of this Article is described in Appendix C.
Appears in 1 contract
Samples: Pecs Contract
ITEMS PRODUCED OR PURCHASED UNDER THE CONTRACT. FIXED ASSETS
9.1 4.1 The following provisions apply to any items other than those items which are, according to Article 2 of the Contract, to be delivered to the Agency or which are specified included in this Contract and its applicable documents as being deliverable itemsa list of Deliverables referred to in Appendix 2.
9.2 4.2 The title to the property of any such items produced or procured under the Contract, including also but not limited to electronic components, special jigs, tools, test equipment, and which are paid for by under the Contract, with an individual or batch value in the national currency equivalent to, or above € 5,0005,000 Euros, shall belong pass to the Agency unless otherwise decided by the Agency. All In view of the above, all such items are deliverable and shall become property to be delivered to the Agency at the end of the Agency, at such time as they are not longer required for the performance of the Contractor's tasks and at the latest after the successful completion of the CRR of MTG-S2. As long as they are under the Contractor's control, he shall be responsible for them Contract unless decided otherwise in accordance with Clause 10 of Article 4.4. below. They may also be delivered at an earlier stage if so requested by the General ConditionsAgency where this will not cause a problem to the Contractor in completing the work specified in the Contract.
9.3 4.3 The Contractor shall maintain an inventory of all such items (called “Contract inventory”) and he shall xxxx those items as falling under this Article of the Contract. The inventory shall be updated and made available to the Agency/ASG Agency during the execution of the Contract. A final issue of that inventory shall be submitted with the final contractual deliverablesDeliverables as foreseen in Appendix 3, Annex A Table 2.1.2. If that inventory also includes also any deliverable itemsof those items which fall within the scope of Article 2 of the Contract, as specified in this contract and its applicable documents, the latter these items are to be clearly set apart.
9.4 4.4 Upon completion of the work specified in the Contract, the Agency shall take decisions regarding the final destination and the final owner of each of the items listed in the Contract inventory, apart from those which are governed by the provisions of this Contract as being deliverable itemsArticle 2. The Agency shall be free to choose amongst the following options with respect to final destination and to final owner:
(a) the right to claim delivery to the Agency and transfer of ownership – with issue of appropriate instructions concerning packing and shipment (at the AgencyContractor’s expenses),
(b) the right to claim transfer of ownership and to negotiate with the Contractor a loan agreement if the latter Contractor is interested in keeping and using an item that the Agency wants to acquire without delay – delay, with loan conditions making the Contractor responsible for the custody, the delayed delivery and their the risks involved (at the Contractor’s expenses),
(c) the right to extend the custody of an item by to the Contractor (for instance: as a preservation protection measure for further work contracted by the Agency) and to postpone its delivery to the Agency and the associated transfer of ownership – on conditions to be negotiated,
(d) the renunciation of any rights to claim delivery and to claim transfer of ownership, leaving definitively the item in the possession and in the ownership of the Contractor - Contractor, with or without financial compensation for the Agency (e.g. repurchase by the Contractor) and with or without special instruction, ,
(e) the right to request the Contractor to dispose of an item – on conditions to be negotiated. The decisions taken by the Agency shall lead to instructions or negotiations, as the case may be.
9.5 4.5 The Contractor shall comply with the Agency’s instructions and with the agreements referred to in paragraph 9.4. Article 4.4.
4.6 This process will be recorded as per the Inventory List in Appendix F heretorelevant part of the Contract Closure Documentation.
9.6 The Contractor shall ensure that the same terms, including the Agency's right of inspections apply to his Sub-contractors and suppliers.
9.7 The procedure to be followed for the implementation of this Article is described in Appendix C.
Appears in 1 contract
ITEMS PRODUCED OR PURCHASED UNDER THE CONTRACT. FIXED ASSETS
9.1 4.1 The following provisions apply to any items other than those items which are, according to Article 2 of the Contract, to be delivered to the Agency or which are specified included in this Contract and its applicable documents as being deliverable itemsa list of Deliverables referred to in Appendix 2.
9.2 4.2 The title to the property of any such items produced or procured under the Contract, including also but not limited to electronic components, special jigs, tools, test equipment, and which are paid for by under the Contract, with an individual or batch value in the national currency equivalent to, or above € 5,0005,000 Euros, shall belong pass to the Agency unless otherwise decided by the Agency. All In view of the above, all such items are deliverable and shall become property to be delivered to the Agency at the end of the Agency, at such time as they are not longer required for the performance of the Contractor's tasks and at the latest after the successful completion of the CRR of MTG-S2. As long as they are under the Contractor's control, he shall be responsible for them Contract unless decided otherwise in accordance with Clause 10 of Article 4.4. below. They may also be delivered at an earlier stage if so requested by the General ConditionsAgency where this will not cause a problem to the Contractor in completing the work specified in the Contract.
9.3 4.3 The Contractor shall maintain an inventory of all such items (called “Contract inventory”) and he shall xxxx mark those items as falling under this Article of the Contract. The inventory shall be updated and made available to the Agency/ASG Agency during the execution of the Contract. A final issue of that inventory shall be submitted with the final contractual deliverablesDeliverables as foreseen in Appendix 3, Annex A Table 2.1.2. If that inventory also includes also any deliverable itemsof those items which fall within the scope of Article 2 of the Contract, as specified in this contract and its applicable documents, the latter these items are to be clearly set apart.
9.4 4.4 Upon completion of the work specified in the Contract, the Agency shall take decisions regarding the final destination and the final owner of each of the items listed in the Contract inventory, apart from those which are governed by the provisions of this Contract as being deliverable itemsArticle 2. The Agency shall be free to choose amongst the following options with respect to final destination and to final owner:
(a) the right to claim delivery to the Agency and transfer of ownership – with issue of appropriate instructions concerning packing and shipment (at the AgencyContractor’s expenses),
(b) the right to claim transfer of ownership and to negotiate with the Contractor a loan agreement if the latter Contractor is interested in keeping and using an item that the Agency wants to acquire without delay – delay, with loan conditions making the Contractor responsible for the custody, the delayed delivery and their the risks involved (at the Contractor’s expenses),
(c) the right to extend the custody of an item by to the Contractor (for instance: as a preservation protection measure for further work contracted by the Agency) and to postpone its delivery to the Agency and the associated transfer of ownership – on conditions to be negotiated,
(d) the renunciation of any rights to claim delivery and to claim transfer of ownership, leaving definitively the item in the possession and in the ownership of the Contractor - Contractor, with or without financial compensation for the Agency (e.g. repurchase by the Contractor) and with or without special instruction, ,
(e) the right to request the Contractor to dispose of an item – on conditions to be negotiated. The decisions taken by the Agency shall lead to instructions or negotiations, as the case may be.
9.5 4.5 The Contractor shall comply with the Agency’s instructions and with the agreements referred to in paragraph 9.4. Article 4.4.
4.6 This process will be recorded as per the Inventory List in Appendix F heretorelevant part of the Contract Closure Documentation.
9.6 The Contractor shall ensure that the same terms, including the Agency's right of inspections apply to his Sub-contractors and suppliers.
9.7 The procedure to be followed for the implementation of this Article is described in Appendix C.
Appears in 1 contract
Samples: Contract