Common use of Tools and Equipment Clause in Contracts

Tools and Equipment. All tools, dies, molds, patterns, jigs, masks and other equipment and materials furnished by Buyer to Seller or paid for by Buyer, directly or indirectly, and any replacements shall remain Buyer's property. Seller shall safely store such property separately from Seller's property, shall plainly identify such property as Buyer's property and shall not use such property in any other manner whatsoever, except in filling this or other Purchase Orders of Buyer. All such property shall be held at Seller's risk, shall be insured by Seller at its expense for an amount equal to its replacement cost and shall be returned promptly to Buyer upon the earlier of its request or the termination or completion of this Purchase Order.

Tools and Equipment. All tools, dies, molds, patterns, jigs, masks and other equipment and materials furnished by Buyer to Seller or paid for by Buyer, directly or indirectly, and any replacements replacements, shall remain Buyer's ’s property. Seller shall safely store such property separately from Seller's ’s property, shall plainly identify such property as Buyer's ’s property and shall not use such property in any other manner whatsoever, except in filling filling this or other Purchase Orders of for Buyer. All such property shall be held at Seller's ’s risk, shall be insured by Seller at its expense for an amount equal to its replacement cost cost, and with Buyer named as loss payee and shall be returned promptly to Buyer or Buyer’s designee upon the earlier of its Buyer’s request or the termination or completion of this Purchase Order.

Tools and Equipment. All tools, dies, molds, patterns, jigs, masks and other equipment and materials furnished by Buyer to Seller or paid for by Buyer, directly or indirectly, and any replacements replacements, shall remain Buyer's ’s property. Seller shall safely store such property separately from Seller's ’s property, shall plainly identify such property as Buyer's ’s property and shall not use such property in any other manner whatsoever, except in filling this or other Purchase Orders of for Buyer. All such property shall be held at Seller's ’s risk, shall be insured by Seller at its expense for an amount equal to its replacement cost cost, and with Buyer named as loss payee and shall be returned promptly to Buyer or Buyer’s designee upon the earlier of its Buyer’s request or the termination or completion of this Purchase Order.

Tools and Equipment. All tools, dies, molds, patterns, jigs, masks and other equipment equipment, chemicals and materials furnished by Buyer to Seller or paid for by Buyer, directly or indirectly, and any replacements shall remain Buyer's ’s property. Seller shall safely store such property separately from Seller's ’s property, shall plainly identify such property as Buyer's ’s property and shall not use such property in any other manner whatsoever, except in filling this or other Purchase Orders of Buyer. All such property shall be held at Seller's ’s risk, shall be insured by Seller at its expense for an amount equal to its replacement cost and shall be returned promptly to Buyer upon the earlier of its request or the termination or completion of this Purchase Order.