Common use of MATERIAL FURNISHED BY BUYER Clause in Contracts

MATERIAL FURNISHED BY BUYER. Any material, molds, dies, jigs, tools and equipment furnished by Buyer in connection with this P.O. shall always remain the sole property of Buyer and shall be deemed to be bailed to Seller for the only purpose of providing products to Buyer hereunder. Xxxxx has not, and will never agree to transfer the title of such items. Seller shall not sell or otherwise encumber Buyer’s title and interest in such items, and specifically agrees to return such items to Buyer upon demand. Seller shall mark and separately store such items and shall be responsible for any loss or damage thereto and shall keep all materials, tools and equipment in which Buyer has an interest insured against risk of loss or damage, for their value at Seller's expense while they are in Seller's possession. Any remaining material, tools and equipment shall be properly packed upon receipt of Buyer’s written directions and immediately returned to Buyer at Seller’s expense. If Buyer designates the location for return within this P.O., Seller shall, at its own costs and expenses, return such items to the designated location. Xxxxxx further agrees to assist Xxxxx in any efforts necessary to perfect Xxxxx’s security interest, if any, in such items, and Xxxxxx agrees that a photocopy of this P.O. may be filed in lieu of the filing of a financing statement.

MATERIAL FURNISHED BY BUYER. Any material, molds, dies, jigs, tools and equipment furnished by Buyer in connection with this P.O. shall always remain the sole property of Buyer and shall be deemed to be bailed to Seller for the only purpose of providing products to Buyer hereunder. Xxxxx Buyer has not, and will never agree to transfer the title of such items. Seller shall not sell or otherwise encumber Buyer’s title and interest in such items, and specifically agrees to return such items to Buyer upon demand. Seller shall mark xxxx and separately store such items and shall be responsible for any loss or damage thereto and shall keep all materials, tools and equipment in which Buyer has an interest insured against risk of loss or damage, for their value at Seller's expense while they are in Seller's possession. Any remaining material, tools and equipment shall be properly packed upon receipt of Buyer’s written directions and immediately returned to Buyer at Seller’s expense. If Buyer designates the location for return within this P.O., Seller shall, at its own costs and expenses, return such items to the designated location. Xxxxxx Seller further agrees to assist Xxxxx Buyer in any efforts necessary to perfect XxxxxBuyer’s security interest, if any, in such items, and Xxxxxx Seller agrees that a photocopy of this P.O. may be filed in lieu of the filing of a financing statement.

MATERIAL FURNISHED BY BUYER. Any material, molds, dies, jigs, tools and equipment furnished by Buyer in connection with this P.O. shall always remain the sole property of Buyer and shall be deemed to be bailed to Seller for the only limited purpose of providing products goods to Buyer hereunder. Xxxxx has not, and will never agree to transfer the title of such items. Seller shall not sell or otherwise encumber Buyer’s title and interest in such items, and specifically agrees to return such items to Buyer upon demand. Seller shall mark and separately store such items and shall be responsible for any loss or damage thereto and shall keep all materials, tools and equipment in which Buyer has an interest insured against risk of loss or damage, for their value at Seller's expense while they are in Seller's possession. Any remaining material, tools and equipment shall be properly packed upon receipt of Buyer’s written directions and immediately returned to Buyer at Seller’s expense. F.O.B. If Buyer designates the location for return within this P.O., Seller shall, at its own costs and expenses, return such items to the designated location. Seller's facility, properly packed upon receipt of Xxxxx’s written directions. Xxxxxx further agrees to assist Xxxxx in any efforts necessary to perfect Xxxxx’s security interest, if any, in such items, and Xxxxxx agrees that a photocopy of this P.O. contract may be filed in lieu of the filing of a financing statement.