Common use of TECHNICAL INFORMATION AND EQUIPMENT Clause in Contracts

TECHNICAL INFORMATION AND EQUIPMENT. All technical specifications, drawings, notes, instructions or information referred to on the face of this Purchase Order or contained in attachments or exhibits hereto are deemed to be incorporated by reference. Seller expressly acknowledges that it has received and read said referenced information. All such materials, together with all tools, equipment and parts furnished by Buyer, shall remain the property of Buyer and shall be used only for work performed for Buyer. Seller, at Buyer's request, shall return to Buyer (a) all written materials delivered to Seller; (b) any copies thereof; (c) all written materials generated by Seller pursuant to the performance of this Purchase Order; and (d) all tools, equipment and parts furnished by Buyer. Seller shall not cause to occur any lien or encumbrance on any such Buyer-owned property in Seller’s possession. Seller will insure any Buyer-owned property in Seller’s possession at replacement value, plus coverage for liability claims arising from Supplier’s use thereof, and shall provide Buyer, upon request, with certificates evidencing such insurance.

Appears in 4 contracts

Samples: Terms and Conditions, Terms and Conditions of Purchase, Terms and Conditions of Purchase

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