Common use of PROPERTY AND INFORMATION Clause in Contracts

PROPERTY AND INFORMATION. 32.1 “Buyer’s Property” includes property and/or information, in any form, including without limitation drawings, specifications, data and the like, furnished to Seller for performance of the work. Buyer’s Property shall (i) remain the property of Buyer, (ii) be considered private and confidential Buyer information, (iii) not be utilized by Seller for any purpose other than to perform this Order, (iv) not be disclosed to third parties without the express written permission of Buyer, (v) not be reproduced without the express written permission of Buyer, and (vi) be disposed of or returned to Buyer at any time in accordance with Buyer’s written instructions. 32.2 Any information or knowledge Seller discloses to Buyer regarding this Order shall not be deemed confidential or proprietary unless expressly agreed upon by authorized representatives of the Parties, in writing, pursuant to a non-disclosure agreement. 32.3 Unless otherwise provided herein, any items, tools, materials, data, or other technical information developed or created by Seller in the performance of this Order shall become and shall be identified by Seller as the proprietary property of Buyer. 32.4 Seller shall retain full risk of loss for any Buyer furnished property at all times. At Buyer’s request, Seller shall submit, in an acceptable form, inventory lists of Furnished Property. Upon Order completion, Seller shall return all Buyer’s Property to Buyer in the same condition in which it was received, allowing for reasonable wear and tear, except to the extent that the property has been incorporated into Supplies delivered or consumed in the performance of the work. 32.5 Any designs, drawings, dies, molds, tooling, technical data/information, materials, equipment, etc. that Seller makes or buys from others for producing the Supplies and charged to Buyer’s account, shall become Buyer’s property immediately upon manufacture or procurement.

Appears in 8 contracts

Samples: Purchase Order, Purchase Order, Purchase Order

AutoNDA by SimpleDocs

PROPERTY AND INFORMATION. 32.1 Buyer’s Property" includes property and/or information, in any form, including without limitation drawings, specifications, data and the like, furnished to Seller for performance of the work. Buyer’s Property shall (i) remain the property of Buyer, (ii) be considered private and confidential Buyer information, (iii) not be utilized by Seller for any purpose other than to perform this Order, (iv) not be disclosed to third parties without the express written permission of Buyer, (v) not be reproduced without the express written permission of Buyer, and (vi) be disposed of or returned to Buyer at any time in accordance with Buyer’s written instructions. 32.2 Any information or knowledge Seller discloses to Buyer regarding this Order shall not be deemed confidential or proprietary unless expressly agreed upon by authorized representatives of the Parties, in writing, pursuant to a non-disclosure agreement. 32.3 Unless otherwise provided herein, any items, tools, materials, data, or other technical information developed or created by Seller in the performance of this Order shall become and shall be identified by Seller as the proprietary property of Buyer. 32.4 Seller shall retain full risk of loss for any Buyer furnished property at all times. At Buyer’s request, Seller shall submit, in an acceptable form, inventory lists of Furnished Property. Upon Order completion, Seller shall return all Buyer’s Property to Buyer in the same condition in which it was received, allowing for reasonable wear and tear, except to the extent that the property has been incorporated into Supplies delivered or consumed in the performance of the work. 32.5 Any designs, drawings, dies, molds, tooling, technical data/information, materials, equipment, etc. that Seller makes or buys from others for producing the Supplies and charged to Buyer’s account, shall become Buyer’s property immediately upon manufacture or procurement.

Appears in 1 contract

Samples: Purchase Order

PROPERTY AND INFORMATION. 32.1 “Buyer’s Property” includes property and/or information, in any form, including without limitation drawings, specifications, data and the like, furnished to Seller for performance of the work. Buyer’s Property shall (i) remain the property of Buyer, (ii) be considered private and confidential Buyer information, (iii) not be utilized by Seller for any purpose other than to perform this Order, (iv) not be disclosed to third parties without the express written permission of BuyerXxxxx, (v) not be reproduced without the express written permission of Buyer, and (vi) be disposed of or returned to Buyer at any time in accordance with BuyerXxxxx’s written instructions. 32.2 Any information or knowledge Seller discloses to Buyer regarding this Order shall not be deemed confidential or proprietary unless expressly agreed upon by authorized representatives of the Parties, in writing, pursuant to a non-disclosure agreement. 32.3 Unless otherwise provided herein, any items, tools, materials, data, or other technical information developed or created by Seller in the performance of this Order shall become and shall be identified by Seller as the proprietary property of BuyerofBuyer. 32.4 Seller shall retain full risk of loss for any Buyer furnished property at all times. At Buyer’s request, Seller shall submit, in an acceptable form, inventory lists of Furnished Property. Upon Order completion, Seller shall return all Buyer’s Property to Buyer in the same condition in which it was received, allowing for reasonable wear and tear, except to the extent that the property has been incorporated into Supplies delivered or consumed in the performance of the work. 32.5 Any designs, drawings, dies, molds, tooling, technical data/information, materials, equipment, etc. that Seller makes or buys from others for producing the Supplies and charged to Buyer’s account, shall become Buyer’s property immediately upon manufacture or procurement.

Appears in 1 contract

Samples: Purchase Order

AutoNDA by SimpleDocs

PROPERTY AND INFORMATION. 32.1 “Buyer’s Property” includes property and/or information, in any form, including without limitation drawings, specifications, data and the like, furnished to Seller for performance of the work. Buyer’s Property shall (i) remain the property of Buyer, (ii) be considered private and confidential Buyer information, (iii) not be utilized by Seller for any purpose other than to perform this Order, (iv) not be disclosed to third parties without the express written permission of BuyerXxxxx, (v) not be reproduced without the express written permission of Buyer, and (vi) be disposed of or returned to Buyer at any time in accordance with BuyerXxxxx’s written instructions. 32.2 Any information or knowledge Seller discloses to Buyer regarding this Order shall not be deemed confidential or proprietary unless expressly agreed upon by authorized representatives of the Parties, in writing, pursuant to a non-disclosure non‐disclosure agreement. 32.3 Unless otherwise provided herein, any items, tools, materials, data, or other technical information developed or created by Seller in the performance of this Order shall become and shall be identified by Seller as the proprietary property of Buyer. 32.4 Seller shall retain full risk of loss for any Buyer furnished property at all times. At Buyer’s request, Seller shall submit, in an acceptable form, inventory lists of Furnished Property. Upon Order completion, Seller shall return all Buyer’s Property to Buyer in the same condition in which it was received, allowing for reasonable wear and tear, except to the extent that the property has been incorporated into Supplies delivered or consumed in the performance of the work. 32.5 Any designs, drawings, dies, molds, tooling, technical data/information, materials, equipment, etc. that Seller makes or buys from others for producing the Supplies and charged to Buyer’s account, shall become Buyer’s property immediately upon manufacture or procurement.

Appears in 1 contract

Samples: Purchase Order

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!