Common use of Provision of Molds Clause in Contracts

Provision of Molds. The injection and blow molds necessary to blow the PET Bottles (the “Molds”), as specified on Schedule C, shall be provided to Supplier by Purchaser or by a Constar Customer at Purchaser’s direction. The Molds shall remain the property of Purchaser or the Constar Customer, as the case may be, and shall be held at the Faba Facility by Supplier. Within 90 days after the last day of the Term, Purchaser shall remove, at its expense, and shall be solely responsible for removing, the Molds from the Faba Facility (the “Transfer Date”). Purchaser shall provide Supplier with written notice of the Transfer Date at least 60 Business Days prior to the Transfer Date. If the Molds shall not be removed on or prior to the Transfer Date, Purchaser shall reimburse Supplier all costs and expenses incurred by Supplier on account of maintaining and storing the Molds at the Faba Facility, and any other incidental, consequential or other damages or losses incurred by Supplier as a result of such non-removal until Purchaser removes the Molds. Notwithstanding the preceding sentence or anything else in this Agreement to the contrary, Supplier shall have no responsibilities or obligations of any kind, including, without limitation, as to operation, storage, insurance or maintenance, with respect to the Molds after the Transfer Date.

Provision of Molds. The injection and blow molds necessary to blow the PET Bottles (the “Molds”), as specified on Schedule C, shall be provided to Supplier by Purchaser or by a Constar Customer at Purchaser’s direction. The Molds shall remain the property of Purchaser or the Constar Customer, as the case may be, and shall be held at the Faba Facility by Supplier. Within 90 days after the last day of the Term, Purchaser shall remove, at its expense, and shall be solely responsible for removing, the Molds from the Faba Facility (the “Transfer Date”). Purchaser shall provide Supplier with written notice of the Transfer Date at least 60 Business Days prior to the Transfer Date. If the Molds shall not be removed on or prior to the Transfer Date, Purchaser shall reimburse Supplier all costs and expenses incurred by Supplier on account of maintaining and storing the Molds at the Faba Facility, and any other incidental, consequential or other damages or losses incurred by Supplier as a result of such non-removal until Purchaser removes the Molds. Notwithstanding the preceding sentence or anything else in this Agreement to the contrary, Supplier shall have no responsibilities or obligations of any kind, including, without limitation, as to operation, storage, insurance or maintenance, with respect to the Molds after the Transfer Date. 5.2.