SEAT S Sample Clauses

SEAT S. A. Communications
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SEAT S. A. is the exclusive owner of the tooling and makes them available to the contractors / suppliers as a loan. In the assumption that the tools were in the possession of a subcontractor / sub-supplier, the contractor / supplier will cede in favor of SEAT, S.A. his right to demand the return of the tools to the subcontractor / sub supplier.
SEAT S. A. has the right to check these obligations and ask the supplier to provide the insurance documentation at any time during the length of the loan and in working hours in the place where tool is located. For such verification SEAT S.A. will announce the visit to the supplier in advance, unless this cannot be done for reasons of higher forces.
SEAT S. A. can claim the return of the tooling from the supplier or request to proceed with its scrapping. The supplier shall be obliged to provide all the information required by SEAT, S.A. before starting any activity regarding the scrapping of the tooling, whether it will be totally or partially. The scrapping costs will run at the supplier's expense. In the event that the supplier obtained income from the scrapping of the tooling, the supplier will be obliged to inform SEAT, S.A. about the amount of the income obtained. If the said income exceeds the incurred scrapping expense, the parties will reach an agreement on the distribution of the surplus amount. If the expenses incurred by scrapping exceeded the income obtained by the same, the supplier must justify these expenses and may contact SEAT, S.A. to the object of initiating a possible negotiation so that the latter may take on part of these expenses, without assuming any obligation or firm commitment of SEAT, S.A.
SEAT S. A. may require the supplier, especially in the case of a competitive situation of a subcontracted supplier, to display the contractual agreements (lending agreement / loan, etc.) signed between the supplier and the referred subcontracted supplier to SEAT, S.A. In case the supplier is not willing to provide SEAT S.A. the required documentation, if the consequences of this non-compliance causes damages to SEAT, S.A., the supplier must compensate SEAT, S.A. for the damages caused.
SEAT S. A. VAT/CMS number ESA28049161 TOYOTA MOTOR EUROPE NV/SA VAT/CMS number BE0000000000 TOYOTA MOTOR EUROPE NV/SA VAT/CMS number GB558611818 Volkswagen AG VAT/CMS number DE0000154333cm

Related to SEAT S

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