Common use of Manufacturing Transfer Clause in Contracts

Manufacturing Transfer. In the event of any termination of this Agreement, Seller shall physically transfer to Buyer, at Buyers expense, all of Buyer’s Property held by Seller. Buyer may purchase from Seller, all tooling developed by Seller and not previously charged to Seller.

Appears in 4 contracts

Sources: Distribution Agreement, Distribution Agreement (Bovie Medical Corp), Distribution Agreement (Bovie Medical Corp)