Return of Buyer’s Property Sample Clauses

Return of Buyer’s Property. Seller agrees that Xxxxx has the right, at any time and from time to time, with or without reason and without payment of any kind, to take possession of or require that Seller deliver Buyer’s Property to Buyer. Without further notice or court hearings, which rights, if any, are waived, Buyer or its designee(s) will have the right to enter Seller’s premises and take possession of any and all of Buyer’s Property. Upon Xxxxx’s request and in accordance with Xxxxx’s instructions, Xxxxx’s Property will be immediately released to Buyer or delivered to Buyer by Seller to any location Buyer designates in accordance with Buyer’s shipping instructions and terms, in which event Buyer will pay Seller the reasonable costs of delivering Buyer’s Property to the location Buyer designates. Seller’s failure to release or deliver any item of Buyer’s Property to Buyer at the end of the bailment, as directed by Xxxxx, will: (i) be a material breach of this Contract, and (ii) subject Seller to liability for, among other things, conversion, and responsibility for all costs and expenses, including actual attorneys’ fees, incurred by Buyer to recover Buyer’s Property and any Damages incurred by Xxxxx as a result of Seller’s failure to release or deliver Xxxxx’s Property as provided in this Contract. Seller waives any objection to Xxxxx’s repossession and removal of Xxxxx’s Property for any or no reason, including bankruptcy or insolvency proceedings. If Seller does not release and deliver any Buyer’s Property in accordance with this Section 18.4, Buyer may obtain an immediate writ of possession without notice and without the posting of any bond and/or enter Seller’s premises, with or without legal process, and take immediate possession of Buyer’s Property.
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Return of Buyer’s Property. Immediately upon Buyer's request and without payment of any kind, Supplier shall return Buyer's Property, and shall comply with Buyer's instructions relating to its return, including the method and location for its return. Supplier shall be responsible for labor and other costs incidental to the return of Buyer's Property. Supplier shall cooperate with Buyer and shall provide Buyer with access to all facilities at which Buyer's Property is located. Supplier expressly waives any right to additional notice or process relating to Buyer's exer‐ cise of its rights under this Section XIII. Supplier waives, to the extent permitted by law: (i) any lien or other rights that Supplier might other‐ wise have on any of Buyer's Property, including molder's and builder's liens; and (ii) any objection to Buyer's repossession and removal of Buyer's Property for any or no reason, including bankruptcy or insolvency proceedings.
Return of Buyer’s Property. Upon expiration or termination of the Term, however occurring, Xx. Xxxxx shall return to Buyer (a) all Confidential Information (as defined in Section 6), (b) all other records, notes, designs, patents, business plans, financial statements, manuals, memoranda, lists, correspondence, reports, records, charts, advertising materials, and other data or property delivered to, received by, or compiled by Xx. Xxxxx by or on behalf of any member of the Pierre Group, or to which Xx. Xxxxx otherwise had access to or possession of while engaged as a consultant of Buyer that pertain to the business of any member of the Pierre Group, whether in paper, electronic or other form, and (c) all keys, credit cards, vehicles, and other property of any member of the Pierre Group. Xx. Xxxxx shall not retain or cause or allow to be retained any copies of the foregoing. Xx. Xxxxx hereby agrees that all of the foregoing items are and shall remain the property of Buyer and shall be subject at all times to Buyer’s discretion and control.
Return of Buyer’s Property. Xxxxxx agrees that Xxxxx has the right, this Contract, in which event Buyer will, within 45 days following delivery of such Seller’s Equipment to Buyer, pay to Seller of the lower of (i) the net book value of such Seller’s Equipment (i.e., actual cost less amortization) or (ii) then current fair market value of such Seller’s Equipment, in each case less any amounts that Buyer has previously paid to Seller on account of such Seller’s Equipment. The foregoing option will not apply to the extent that Seller’s Equipment is used to produce goods that are the standard stock of Seller and are then being sold by Seller to other customers. Buyer’s right to exercise the foregoing option is not conditioned on Seller’s breach or Buyer’s termination of this Contract or upon payment of any other amounts due under this Contract.

Related to Return of Buyer’s Property

  • 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.

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