NRE and Tooling Sample Clauses

NRE and Tooling. 13.1 Supplier shall quote the life of any new Tools prior to these Tools being manufactured. This will be expressed as the number of parts capable of being produced by the Tooling. Supplier will be responsible for the maintenance and replacement of all Tooling where damage is caused to the Tooling by the acts or omissions of Supplier in not undertaking due care, maintenance and attention to the Tooling, negligence or wilful misconduct of Supplier. Supplier shall transfer to the Buyer any transferable warranties on tooling. 13.2 Unless otherwise agreed between the Parties for extraordinary NRE costs (which will be discussed by the Parties), all NRE Item costs will be amortised into the Base Price over a 12- month period. 13.3 Full NRE Item costs for each Product will be quoted using the Buyer’s Bid Template documents. 13.4 The amortization quantity should be clearly documented on the Buyer’s Bid Template. Once the total amortization quantity for each Product has been delivered, Supplier shall subtract the amortization amount from the Base Price and establish a new Base Price for subsequent deliveries. 13.5 Lead times for all tooling are to be quoted by Supplier and accompanied by a detailed timing plan. 13.6 Supplier shall be responsible for the routine maintenance, storage, repair, usage and calibration (if calibration or other specialist requirements are required outside of routine maintenance, repair or usage and not caused by a lack of care or damage by Supplier, then such costs shall be agreed in advance and paid for separately by the Buyer) of all the Buyer furnished, Government furnished and or Government funded equipment tooling, test rigs, rigs and fixtures and/or test stands and Buyer acquired NRE Items in Supplier’s possession for performance of this Agreement. Equipment not owned by Supplier which requires a National Institute of Standards and Technology traceable certificate of calibration will be quoted and submitted to the Buyer for approval prior to submitting equipment to third Party calibration. Supplier will track and file calibration certificates and schedules. 13.7 Supplier shall be responsible for the maintenance and replacement of all NRE Items within their useful life, fair wear and tear excepted. The Buyer shall have an option at any time, which shall be exercised by written notice to Supplier, to pay not more that the balance of the outstanding NRE Item cost for its outright ownership. In this event, Supplier shall subtract the amo...
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NRE and Tooling. 10.1 Any Tools or Tooling purchased from Supplier or manufactured by Supplier, the cost of which forms part of an Order will become the property of Buyer and all right, title and interest in and to any part of Tooling will pass to Buyer as soon as it is acquired or fabricated in accordance with the Order. 10.2 Supplier shall be responsible for the routine maintenance, storage, repair, usage, replacement (within their useful life, fair wear and tear excepted) and calibration of all Tooling in Supplier’s possession for performance of this Agreement. If calibration or other specialist requirements are required outside of routine maintenance, repair or usage and not caused by a lack of care or damage by Supplier, then such costs shall be agreed in advance and paid for separately by Buyer
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NRE and Tooling. 22.1 Any Tools or Tooling purchased from Supplier or manufactured by Supplier, the cost of which forms part of an Order will become the property of Buyer and all right, title and interest in and to any part of Tooling will pass to Buyer as soon as it is acquired or fabricated in accordance with the Order. 22.2 Supplier shall state the number of parts capable of being produced by the Tooling. Supplier will be responsible for the calibration, maintenance, repair and replacement of all Tooling where damage is caused to the Tooling by the acts or omissions of Supplier. Supplier shall transfer to Buyer any third party transferable warranties on Tooling. 22.3 Supplier shall be responsible for the routine maintenance, storage, repair, usage, replacement (within their useful life, fair wear and tear excepted) and calibration of all Tooling and Buyer acquired NRE Items in Supplier’s possession for performance of any Contract. If calibration or other specialist requirements are required outside of routine maintenance, repair or usage and not caused by a lack of care or damage by Supplier, Buyer shall have an option at any time, which shall be exercised by written notice to Supplier, to pay not more than the balance of the outstanding NRE Item cost for its outright ownership. In this event, Supplier shall subtract the amortisation amount from the Base Price and establish a new Base Price for subsequent deliveries.
Sample 1
NRE and Tooling. (1) TearLab will be responsible for the payment or reimbursement of all non-recurrent expenditure (NRE and Tooling). (2) TearLab’s obligation with respect to the NRE and Tooling amount is limited to $1.2 million AUD for Phase 1 and is subject to agreement in respect of Phase 2 but is anticipated to be in the vicinity of $2 million AUD. (3) MiniFAB will give a discount of 20% from its standard rates in respect of the labour component of the NRE for Phase 1. (4) Any future NRE and Tooling will be paid or reimbursed to MiniFAB by TearLab. (5) MiniFAB will invoice TearLab monthly to recover NRE and Tooling expended by MiniFAB.
Sample 1

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