Tooling Costs Sample Clauses
The Tooling Costs clause defines which party is responsible for the expenses associated with acquiring, maintaining, or modifying tools, dies, molds, or equipment necessary for the production of goods or services under the contract. Typically, this clause specifies whether the buyer or supplier will bear these costs, and may outline procedures for approval, reimbursement, or ownership of the tooling. Its core function is to allocate financial responsibility for tooling, thereby preventing disputes and ensuring clarity regarding cost management in the manufacturing process.
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Tooling Costs. Sanofi shall reimburse Patheon promptly upon request for any costs related to tablet press tooling and printing press change parts specific to the Prenate logo required for the production of the Products. These charges are to be approved by Sanofi prior to incurring these costs.
Tooling Costs. Client shall reimburse Patheon promptly upon request for any costs related to tablet press tooling and printing press change parts specific to the Prenate logo required for the production of the Products. These charges are to be approved by Client prior to incurring these costs.
Tooling Costs. The tooling costs paid by Buyer are only a contribution to the development or purchase costs incurred by Seller for the tools required to manufacture the Goods ordered by Buyer. As a result, Seller remains the sole and exclusive owner of the tools and free to use them. Seller may, in particular in the absence for a period of 3 years of any order for a Goods whose manufacture requires the use of tools, scrap said tooling.
Tooling Costs. The Parties acknowledge that the development and manufacture of the 8mm Reloads require certain special tooling (“Tooling”) and Intuitive shall pay for the cost of such Tooling for three (3) sizes of 8mm Reload (white, blue and green) up to a total of [*]. Cardica shall provide a request for the planned purchase of such Tooling to Intuitive and Intuitive shall purchase such Tooling as soon as practicable but in no event later than thirty (30) days after receiving such request from Cardica. Intuitive shall retain title to the Tooling, which will be located in Cardica’s third party vendor, as agreed by Intuitive, until such time as [*], or as otherwise agreed to by the Parties, at which time Intuitive shall take possession of the Tooling. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
Tooling Costs. During the Transition Phase, KMC will acquire tooling for production of Instruments as agreed upon by the parties. Gen-Probe shall pay KMC, within thirty (30) days of delivery of invoices for all such tooling actually acquired by KMC, at a rate equal to KMC's actual cost plus [***]. Upon payment by Gen-Probe of the cost of such tooling, the tooling and related assembly drawings shall be the sole property of Gen-Probe.
Tooling Costs. Under the Letter Agreement, Maker is required to pay Holder the sum of One Hundred Seventy Eight Thousand Two Hundred Fifty Seven and 48/100ths U.S. Dollars (US$178,257.48) (“Tooling Costs”), on or before July 31, 2009. If Maker fails to make this payment, then the Principal value of this Note shall be increased by the unpaid amount of the Tooling Costs and the maturity date of the Note accelerated, so that the entire amount of this Note shall be immediately due and payable.
Tooling Costs. Where new tools need to be made for goods commissioned and a corresponding, separate agreement has been made we shall invoice the agreed share in our manufacturing costs. Payment of a share of the cost does not give rise to any customer rights in the tools themselves. Instead, these shall remain our property. Unless agreed otherwise, the tools shall be payable without any deduction upon submission of the type samples. We hereby commit ourselves to keeping the tools for a period of one year after the last shipment to the customer, with the customer enjoying an exclusive right of use. If the customer notifies us within this period that another order will be placed within another year, the period for keeping the tools shall be extended by another year. At the end of this period and if no further orders are placed we shall enjoy the exclusive right to use the tools.
Tooling Costs. Payment terms as to tooling and non-recurring engineering costs are net 30 days from date of the Multitest invoice.
Tooling Costs. If requested [*] will require the Seller to incur additional tooling costs, the Parties shall negotiate the Wafer price impact of these extra costs in good faith. SiTime—Bosch: Development and Manufacturing Agreement
Tooling Costs. Motorola will pay for 2003 tooling costs associated with [***] products. The 2003-05 Agreement will include appropriate provisions regarding future tooling costs.