Common use of Proprietary Materials Clause in Contracts

Proprietary Materials. Unless otherwise agreed in writing, any confidential or proprietary information, designs, artwork, blueprints, drawings, specifications, special dies, molds, patterns, fixtures and any other property furnished or paid for by Buyer for use in the performance hereunder, including any Confidential Information: (a) shall be and remain the property of Buyer; (b) shall not be reproduced, used for the benefit of or disclosed by Seller to others without Buyer’s prior written consent; (c) shall be subject to removal upon Buyer’s instructions; (d) shall be used only in filling orders from Buyer; (e) shall be held at Seller’s risk; and (f) shall be kept insured by Seller at Seller’s expense while in its custody or control in an amount equal to the replacement cost thereof with loss payable to Buyer. Certificates of such insurance will be furnished to Buyer on demand. Upon completion of the Purchase Order or its termination, any such Confidential Information and any such proprietary or confidential materials shall be delivered to Buyer unless Seller is advised to the contrary in writing.

Appears in 5 contracts

Samples: www.westrock.com, www.victorypackaging.com, www.westrock.com

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Proprietary Materials. Unless otherwise agreed in writing, any confidential or proprietary information, designs, artwork, blueprints, drawings, specifications, special dies, molds, patterns, fixtures and any other property furnished or paid for by Buyer for use in the performance hereunder, including any Confidential Information: (a) shall be and remain the property of Buyer; (b) shall not be reproduced, used for the benefit of or disclosed by Seller to others without Buyer’s prior written consent; (c) shall be subject to removal upon Buyer’s instructions; (d) shall be used only in filling orders from Buyer; (e) shall be held at Seller’s risk; and (f) shall be kept insured by Seller at Seller’s expense while in its custody or control in an amount equal to the replacement cost thereof with loss payable to Buyer. Certificates of such insurance will be furnished to Buyer on demand. Upon completion of the Purchase Order or its termination, any such Confidential Information and any such proprietary or confidential materials shall be delivered to Buyer unless Seller is advised to the contrary in writing.

Appears in 3 contracts

Samples: www.victorypackaging.com, www.victorypackaging.com, www.westrock.com

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