PURCHASER’S PROPERTY. 6.1 Materials such as components, machinery, tools, models, moulds, jigs and fixtures, accessories or others which may be made available to the Supplier by the Purchaser for the purposes of the Contract shall be under the Supplier's responsibility, care and custody; the Supplier shall take out insurance against any damage that they might suffer and shall clearly mark them and record them as being the property of the Purchaser.
6.2 The Supplier agrees to refrain from using such materials other than for the purpose of the Contract; it shall keep them in good working order, except for normal wear and tear.
6.3 Any damage or deterioration that such materials may suffer due to improper use or negligence by the Supplier shall be repaired at its cost. Without prejudice to the other rights of the Purchaser, the Supplier shall return such materials upon first request.
6.4 Legal ownership in and/or the right to dispose of any such Purchaser items shall under no circumstances pass to the Supplier. Upon the Purchaser’s request, and without prejudice to Purchaser’s rights under the Contract, the Supplier, without delay, shall allow the Purchaser, and/or any third party mandated by the Purchaser, to enter any premises of the Supplier to
6.5 Ownership of toolsmanufacturedor acquired by the Supplier especially for thepurposes of the Contractsuchasmodels, moulds,jigsandfixtures, accessoriesorothers, shallbetransferred to the Purchaser at the time of their manufacture or acquisition by the Supplier. The Supplier shall return the tools to the Purchaser by the end of the performance of the Contract at the latest.
PURCHASER’S PROPERTY. 6.1. Materials such as components, machinery, tools, models, moulds, jigs and fixtures, accessories or others which may bemade available to the Supplier by the Purchaser for the purposes of the Contract shall be under the Supplier's responsibility; the Supplier shall take out insurance against any damage that they might suffer and shall clearly mark them and record them as being the property of the Purchaser.
6.2. The Supplier agrees to refrain from using such materials other than for the purpose of the Contract; it shall keep them in good working order, except for normal wear and tear.
6.3. Without prejudice to the other rights of the Purchaser, the Supplier shall return such materials upon first request.
6.4. Upon the Purchaser’s request, and without prejudice to Purchaser’s rights under the Contract, the Supplier, without delay, shall allow the Purchaser or its agent, to enter any premises of the Supplier to repossess any such Purchaser items or any part thereof.
6.5. Ownership of tools manufactured or acquired by the Supplier especially for the purposes of the Contract such as models, moulds, jigs and fixtures, accessories or others, shall be transferred to the Purchaser at the time of their manufacture or acquisition by the Supplier. The Supplier shall return the tools to the Purchaser by the end of the performance of the Contract at the latest.
PURCHASER’S PROPERTY. All property (such as materials, drawings, documents etc) issued by the Purchaser or any other individual or firm on behalf of the Purchaser in connection with the contract shall remain confidential, being the property of the Purchaser and the Bidder / Contractor shall undertake to return all such property so issued and will be responsible for any or all loss thereof and damage thereto resulting from whatever causes and shall reimburse the Purchaser the full amount of loss and damage. 212. On completion of work in any compartment / location, the contractor must ensure that the place is left in a reasonably clean state and all scrap/Rubble/Debris/refuse is transferred to nearby scrap/Garbage/refuse bins.
PURCHASER’S PROPERTY. Unless otherwise agreed in writing, all tools, equipment or material of every description furnished to Seller by Purchaser or specially paid for by Purchase, and any replacement thereof, or any materials affixed or attached thereto, shall be and remain the personal property of Purchaser. Such property and, whenever practical, each individual item thereof, shall be plainly marked or otherwise adequately identified by Seller as the property of the Purchaser and shall be safely stored separate and apart from Seller's property. Seller shall not substitute any property for Purchaser's orders. Such property, while in Seller's custody or control, shall be held at Seller's risk, shall be kept insured by Seller at Seller's expense in an amount equal to the replacement cost with loss payment to Purchaser and shall be subject to removal at Purchaser's written request, in which event Seller shall prepare such property for shipment and shall redeliver to Purchaser in the same condition as originally received by Seller, reasonable wear and tear excepted, all at Seller's expense.
PURCHASER’S PROPERTY. All property (such as materials, drawings, documents etc.) issued by the Purchaser or any other individual or firm on behalf of the Purchaser in connection with the contract shall remain confidential, being the property of the Purchaser and the Bidder/Supplier/Contractor shall undertake to return all such property so issued and will be responsible for any or all loss thereof and damage thereto resulting from whatever causes and shall reimburse the Purchaser the full amount of loss and damage. On completion of work in any compartment / location of the purchaser’s premises, the Bidder/Supplier/Contractor must ensure that the place is left in a reasonably clean state and all scrap is transferred to nearby scrap-bins.
PURCHASER’S PROPERTY. Unless otherwise agreed to in writing by Purchaser, all tools, equipment, and material furnished to Seller by Purchaser or paid for by Purchaser, as well as replacements therefore and attachments, thereto, shall be and remain the property of Purchaser. Such property and whatever practical each individual item thereof, shall be plainly marked or otherwise adequately identified by Seller as “Property of PURCHASER” shall be safely and separate and apart from Seller’s property and shall be properly maintained by Seller at their expense under conditions of normal wear. Seller shall not substitute any other property for Purchaser’s property and shall not use Purchaser’s property except in filling Purchaser’s Purchase Order. Such property while in Seller’s custody or control shall be held in Seller’s risk, shall be kept insured by Seller, at Seller’s expense in an amount equal to the replacement cost with loss payable to Purchaser and shall be subject to inspection by Purchaser upon reasonable notice and to removal at Purchaser’s written direction. In the event of removal/return to Purchaser, Seller shall prepare it for shipment and shall deliver it to Purchaser in the same condition as originally received or manufactured by Seller, reasonable wear and tear expected. CHANGES – Purchaser at any time, by written order, may change the design (including drawings, materials and specifications), processing, method of packing and shipping, and destination. If any such change affects the cost or timing, it shall be the Seller’s responsibility to make every effort to minimize any changes. Purchaser shall not adjust the purchase price and delivery schedule equitably, by written amendment. Seller shall not make any change in the design, processing, packing, shipping or place of delivery without Purchaser’s written approval. NON-ASSIGNMENT – Seller shall not assign this Purchase Order any interest, thereon, any right or obligation, created thereby or any payment due or to become due thereunder without Purchaser’s written consent. Any attempt by Seller to make such assignment shall be null and void and any such assignment by operation of law shall give Purchaser the option to terminate the Purchase Order without further liability. SET-OFF – Purchaser shall have the right at all times to set off any amount owing from Seller to Purchaser, any component of Purchaser or any of its affiliated companies against any amount payable at any time by Purchaser in connection with this Pur...
PURCHASER’S PROPERTY. 211. All property (such as materials, drawings, documents etc) issued by the Purchaser or any other individual or firm on behalf of the Purchaser in connection with the contract shall remain confidential, being the property of the Purchaser and the Bidder / Contractor shall undertake to return all such property so issued and will be responsible for any or all loss thereof and damage thereto resulting from whatever causes and shall reimburse the Purchaser the full amount of loss and damage. 212. On completion of work in any compartment / location, the contractor must ensure that the place is left in a reasonably clean state and all scrap/Rubble/Debris/refuse is transferred to nearby scrap/Garbage/refuse bins. 213. The Purchaser would provide on demand the requisite material to be supplied as per the Contract. On completion / execution of the contract a reconciliation statement detailing quantity of material issued, quantity used for the contract, scrap generated, quantity returned to Stores and certificate regarding protection of Intellectual Property Rights will have to be submitted along with certified Invoice/s before payment/s are effected. Any excess consumption of material on account of wastage / damage, re - work not attributable to Purchaser will be suitably recovered from the Bidder / Contractor. 220. RISK PURCHASE 221. If the equipment / article / service or any portion thereof be not delivered / performed by the scheduled delivery date / period, any stoppage or discontinuation of ordered supply / awarded contract without written consent by Purchaser or not meeting the required quality standards the Purchaser shall be at liberty, without prejudice to the right of the Purchaser to recover Liquidated Damages / penalty as provided for in these conditions or to any other remedy for breach of contract, to terminate the contract either wholly or to the extent of such default. Amounts advanced or part thereof corresponding to the undelivered supply shall be recoverable from the Contractor / Bidder at the prevailing bank rate of interest.
PURCHASER’S PROPERTY. All drawings, specifications, printing plates, tools, dies, jigs, fixtures, molds, production equipment, components, materials, resins, gauges, negatives, positives, photographs, color separations, proofs, or engravings, which are loaned to Seller or purchased from Seller for rendering of production purposes remain the property of Purchaser, shall be considered strictly confidential, shall be for the exclusive use of Purchaser, shall be preserved in good order, subject to inspection by Purchaser, and shall be returned promptly upon completion of work or termination of this Purchase Order. Seller shall maintain insurance coverage at replacement value for such property. Seller shall not scrap or destroy such property without prior written permission from Purchaser and shall provide subsequent certified proof of such scrapping or destruction. From time to time, Purchaser may require an inventory of such property and Purchaser may charge Seller for any inventory loss. Seller shall at all times keep all such Purchaser’s property free and clear of any and all liens and hereby grants Purchaser the right to file such protective financing statements or similar statement to confirm and record Purchaser’s ownership thereof.
PURCHASER’S PROPERTY. All property (such as materials, drawings, documents etc.) issued by the Purchaser or any other individual or firm on behalf of the Purchaser in connection with the contract shall remain confidential, being the property of the Purchaser and the Bidder/Supplier/Contractor shall undertake to return all such property so issued and will be responsible for any or all loss thereof and damage thereto resulting from whatever causes and shall reimburse the Purchaser the full amount of loss and damage. On completion of work in any compartment / location of the purchaser’s premises, the Bidder/Supplier/Contractor must ensure that the place is left in a reasonably clean state and all scrap is transferred to nearby scrap-bins. 17. RECOVERY-ADJUSTMENT PROVISIONS Payment made under one order shall not be assigned or adjusted to any other order except to the extent agreed upon in writing by the Purchaser. During the currency of the contract, if any sum of money is payable by the Bidder / Supplier / Contractor the same shall be deducted from any sum then due or thereafter may become due to the Bidder / Supplier / Contractor under the contract or any other contract with the Purchaser. 18. INDEMNIFICATION The Bidder / Supplier / Contractor, his employees, licences, agents or Sub-Supplier / Sub-contractor, while on site of the Purchaser for the purpose of this contract, indemnifies the Purchaser against direct damage and/or injury to the property and/or the person of the Purchaser or that of Purchaser's employees, agents, SubContractors / Suppliers occurring and to the extent caused by the negligence of the Bidder / Supplier / Contractor, his employees, licensees, agents or Sub-contractor by making good such damages to the property, or compensating personal injury and the total liability for such damages or injury shall be as mutually discussed and agreed to.
PURCHASER’S PROPERTY. Any property of the Purchaser placed in the Seller's custody for performance of this Agreement is not covered by insurance, and no risk is assumed by the Seller in the event of loss or damage to such property by fire, water, burglary, theft, civil disorder or any accident beyond the reasonable control of the Seller.
