PROPERTY OF THE BUYER Sample Clauses

PROPERTY OF THE BUYER. 17.1 The property in the Goods shall pass to the Buyer on delivery without prejudice to any right of rejection which may accrue to the Buyer under these conditions.
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PROPERTY OF THE BUYER. 15.1 All documentation with reference to certificates, drawings, instructions, e.g. specified in the PO are a part of the delivery, and the property of RAUFOSS.
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PROPERTY OF THE BUYER. The Seller agrees that all of the tools, devises, materials, equipments, drawings, technical specifications, etc. supplied by the Buyer are the property of the Buyer and shall be conserved by the Seller in the domicile set forth in this Order, as bailment and shall continue being property of the Buyer, unless otherwise agreed in writing. Such goods shall be described (brand, model, series number, quantity, etc.) in an attachment that should be signed by both parties. Such goods shall be identified as “Property of SCHAEFFLER MEXICO, S. DE X.X. DE C.V.”. The Seller shall not use such goods unless it is to carry out the work requested by the Buyer. During the time the goods are conserved by the Seller they shall be preserved in good condition under the exclusive responsibility and at the risk of the Seller who in case of loss or damage shall immediately cover the cost to the Buyer, even when it’s because of a case of force majeure. The Seller shall be obligated to return the property of Schaeffler Mexico, S. de X.X. de C.V. upon the moment in which the merchandise is delivered or immediately upon Buyers request.
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PROPERTY OF THE BUYER. Where the Buyer has paid for Goods in whole or in part which the Buyer leaves in the possession of the Company (including but not limited to tooling for the manufacture of Goods) or where raw materials or tooling or components of any kind have been issued free of charge by the Buyer for the manufacture of Goods by the Company, the Company will store and insure such Goods at its premises or those premises the Company at its absolute discretion deems suitable for such purposes. If the Buyer does not place orders for the use of the Goods so stored for a period of five years (or such other period of time which the Company at its absolute discretion deems reasonable in the circumstances) the Company will request the Buyer to recover the Goods at the expense of the Buyer. Should the Buyer decline to recover the Goods or fail to give a decision within a period of time deemed reasonable by the Company, notice may be given to the Buyer by the Company of the impending sale, disposal or destruction of the Goods in any way the Company deems appropriate. Lack of response within reasonable time by the Buyer to notification(s) given properly by the Company shall be deemed to be permission by the Buyer for such sale, disposal or destruction of the Goods by the Company without recourse to compensation for the Buyer in any form whatsoever.
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PROPERTY OF THE BUYER. All tooling, equipment or materials furnished to the Seller by the Buyer or paid for or partially paid for by the Buyer and any replacement thereof, or any materials affixed thereto shall at all times remain the property of the Buyer and the Seller shall not use the same for any purpose other than for the fulfillment of its obligations under the Contract. Such property of the Buyer shall be held at the Seller’s risk when the same is in the Seller’s custody and control.
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PROPERTY OF THE BUYER. All memoranda, notes, lists, records and other documents (and all copies thereof) made or compiled by the Principal or made available to the Principal or the Seller concerning the Company Business or the Buyer or any of its affiliates shall be the Buyer's property and shall be delivered to the Buyer promptly upon the termination of the Principal's employment with the Buyer or any of its affiliates or at any other time on request.
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PROPERTY OF THE BUYER. All memoranda, notes, lists, records and other documents or other papers (and all copies thereof), including, without limitation, such items stored in computer memories, on microfiche or by any other means, made or compiled by or on behalf of C&K or the Seller, concerning the Business (hereinafter defined), are and shall be the Buyer's property and shall be delivered to the Buyer promptly upon the Closing. The term "Business" shall mean any activity, for profit or otherwise, done or provided by C&K.
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Related to PROPERTY OF THE BUYER

  • Property of the Company (i) Except as otherwise provided herein, all lists, records and other non-personal documents or papers (and all copies thereof) relating to the Company and/or any of its subsidiaries or divisions, including such items stored in computer memories, on microfiche or by any other means, made or compiled by or on behalf of the Employee, or made available to the Employee, are and shall be the property of the Company, and shall be delivered to the Company on the date of termination of the Employee's employment with the Company, or sooner upon request of the Company at any time or from time to time.

  • Property of Company All information, ideas, concepts, improvements, discoveries, and inventions, whether patentable or not, which are conceived, made, developed or acquired by Executive, individually or in conjunction with others, during Executive’s employment by Company (whether during business hours or otherwise and whether on Company’s premises or otherwise) which relate to the business, products or services of Company or its affiliates shall be disclosed to Company and are and shall be the sole and exclusive property of Company and its affiliates. Moreover, all documents, drawings, memoranda, notes, records, files, correspondence, manuals, models, specifications, computer programs, E-mail, voice mail, electronic databases, maps and all other writings or materials of any type embodying any of such information, ideas, concepts, improvements, discoveries, and inventions are and shall be the sole and exclusive property of Company and its affiliates. Upon Executive’s termination of employment for any reason, Executive shall deliver the same, and all copies thereof, to Company.

  • Property of Tenant In addition to and not in limitation of the foregoing, Tenant covenants and agrees that, to the maximum extent permitted by law, all merchandise, furniture, fixtures and property of every kind, nature and description related or arising out of Tenant’s leasehold estate hereunder, which may be in or upon the Premises or Building, in the public corridors, or on the sidewalks, areaways and approaches adjacent thereto, shall be at the sole risk and hazard of Tenant, and that if the whole or any part thereof shall be damaged, destroyed, stolen or removed from any cause or reason whatsoever, no part of said damage or loss shall be charged to, or borne by, Landlord.

  • Title to Property of the Trust Except as provided in Section 3.8 with respect to the Debentures and the Property Account or as otherwise provided in this Trust Agreement, legal title to all assets of the Trust shall be vested in the Trust. The Holders shall not have legal title to any part of the assets of the Trust, but shall have an undivided beneficial ownership interest in the assets of the Trust.

  • Disclosure to and Property of the Company All information, trade secrets, designs, ideas, concepts, improvements, product developments, discoveries and inventions, whether patentable or not, that are conceived, made, developed or acquired by Employee, individually or in conjunction with others, during the term of his employment (whether during business hours or otherwise and whether on the Company’s premises or otherwise) that relate to the Company’s or any of its Affiliates’ business, products or services and all writings or materials of any type embodying any such matters (collectively, “Confidential Information”) shall be disclosed to the Company, and are and shall be the sole and exclusive property of the Company or its Affiliates. Confidential Information does not, however, include any information that is available to the public other than as a result of any unauthorized act of Employee.

  • Acquired Assets 11 Upon the terms and subject to the conditions set forth in this Agree- ment, at the Closing Seller shall sell, assign, transfer, convey and deliver to Buyer free and clear of all Liens, and Buyer shall purchase, acquire and take assignment and delivery of, all right, title and interest of Seller in and to the Acquired Assets, including the following:

  • Title to Purchased Assets Seller has good and valid title to, or a valid leasehold interest in, all of the Purchased Assets. All such Purchased Assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):

  • Title to Properties; Liens and Encumbrances The Company has good and marketable title to all of its material properties and assets, both real and personal, and has good title to all its leasehold interests, in each case subject only to mortgages, pledges, liens, security interests, conditional sale agreements, encumbrances or charges created in the ordinary course of business.

  • Purchased Assets Subject to the terms and conditions of this Agreement, at the Closing, each Seller shall sell, convey, assign, transfer and deliver to the Buyer, and the Buyer shall purchase, free and clear of all Encumbrances, all right, title and interest of such Seller in and to the following Assets (collectively, the “Purchased Assets”):

  • Title to Assets and Properties (a) The Company and each of its Subsidiaries has good and valid title to all their respective material assets and properties (including those shown on the Balance Sheet) which are, individually or in the aggregate, material to the Company’s business or financial condition on a consolidated basis (except assets and properties which are no longer used or useful in the conduct of their businesses and those assets and properties sold or otherwise disposed of since the date thereof in the ordinary course of business consistent in all material respects with past practice), free and clear of all Liens, except for (x) Permitted Liens; (y) mortgages deeds of trust, security interests or other encumbrances on title related to indebtedness reflected on the consolidated financial statements of the Company included in the Filed Company SEC Documents; and (z) such other imperfections or irregularities of title or other Liens that, individually or in the aggregate, do not and could not reasonably be expected to materially affect the use of the properties or assets subject thereto or otherwise materially impair business operations as presently conducted or as currently proposed by the Company’s management to be conducted. All properties used in the operations of the Company’s business are reflected on the Balance Sheet to the extent required under GAAP to be so reflected. The rights, properties and assets presently owned, leased or licensed by the Company and its Subsidiaries include all rights, properties and assets necessary to permit the Company and its Subsidiaries to conduct their business in all material respects in the same manner as their businesses have been conducted prior to the date hereof; provided, that no representation is made in this Section 3.16 regarding Intellectual Property.

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