Common use of TOOLS AND MATERIALS Clause in Contracts

TOOLS AND MATERIALS. Title to and the right of immediate possession of all tooling, equipment or materials furnished or paid for by Coherent directly or indirectly for use hereunder (collectively, “Supplies”) shall be and remain in Coherent. Coherent does not guarantee or warrant the accuracy of any tooling furnished by it. Supplier shall (a) be responsible for all loss or damage to the Supplies while in its possession and insure its risk in this respect with adequate fire and extended coverage insurance (b) clearly xxxx the Supplies as belonging to Coherent keep the Supplies separate from other tooling, equipment and materials in Supplier's plant (c) maintain the confidentiality of the Supplies as set forth in Section 15 (d) keep the Supplies in good operating condition and (e) use the Supplies exclusively for the performance of work for Coherent and not for production of larger quantities than specified or in advance of normal production schedules except with Coherent’s written consent. All taxes assessments and similar charges levied with respect to or upon any such items owned by Coherent while in Supplier's possession or control and for which no exemption is available shall be borne by Supplier. Upon completion of work to be performed under applicable Purchase Orders, all Supplies shall be disposed of as Coherent directs.

TOOLS AND MATERIALS. Title to and the right of immediate possession of all tooling, equipment or materials furnished or paid for by Coherent directly or indirectly for use hereunder (collectivelycollectively , “Supplies”) shall be and remain in Coherent. Coherent does not guarantee or warrant the accuracy of any tooling furnished by it. Supplier shall shall: (a) be responsible for all loss or damage to the Supplies while in its possession and insure its risk in this respect with adequate fire and extended coverage insurance insurance, (b) clearly xxxx mark the Supplies as belonging to Coherent keep the Supplies separate from other tooling, equipment and materials in Supplier's plant ’s plant, (c) maintain the confidentiality of the Supplies as set forth in Section 15 19, (d) keep the Supplies in good operating condition condition, and (e) use the Supplies exclusively for the performance of work for Coherent and not for production of larger quantities than specified or in advance of normal production schedules except with Coherent’s prior written consent. All taxes assessments and similar charges levied with respect to or upon any such items owned by Coherent while in Supplier's ’s possession or control and for which no exemption is available shall be borne by Supplier. Upon completion of work to be performed under any applicable Purchase OrdersOrder, all Supplies shall be disposed of as Coherent directs.

TOOLS AND MATERIALS. Title to and the right of immediate possession of all tooling, equipment or materials furnished or paid for by Coherent directly or indirectly for use hereunder (collectively, “Supplies”) shall be and remain in Coherent. Coherent does not guarantee or warrant the accuracy of any tooling furnished by it. Supplier shall (a) be responsible for all loss or damage to the Supplies while in its possession and insure its risk in this respect with adequate fire and extended coverage insurance (b) clearly xxxx mark the Supplies as belonging to Coherent keep the Supplies separate from other tooling, equipment and materials in Supplier's plant (c) maintain the confidentiality of the Supplies as set forth in Section 15 (d) keep the Supplies in good operating condition and (e) use the Supplies exclusively for the performance of work for Coherent and not for production of larger quantities than specified or in advance of normal production schedules except with Coherent’s Coherents written consent. All taxes assessments and similar charges levied with respect to or upon any such items owned by Coherent while in Supplier's possession or control and for which no exemption is available shall be borne by Supplier. Upon completion of work to be performed under applicable Purchase Orders, all Supplies shall be disposed of as Coherent directs.

TOOLS AND MATERIALS. Title to and the right of immediate possession of all tooling, equipment or materials furnished or paid for by Coherent directly or indirectly for use hereunder (collectivelycollectively , “Supplies”) shall be and remain in Coherent. Coherent does not guarantee or warrant the accuracy of any tooling furnished by it. Supplier shall shall: (a) be responsible for all loss or damage to the Supplies while in its possession and insure its risk in this respect with adequate fire and extended coverage insurance insurance, (b) clearly xxxx mark the Supplies as belonging to Coherent keep the Supplies separate from other tooling, equipment and materials in Supplier's plant ’s plant, (c) maintain the confidentiality of the Supplies as set forth in Section 15 19, (d) keep the Supplies in good operating condition condition, and (e) use the Supplies exclusively for the performance of work for Coherent and not for production of larger quantities than specified or in advance of normal production schedules except with Coherent’s prior written consent. All taxes assessments and similar charges levied with respect to or upon any such items owned by Coherent while in Supplier's ’s possession or control and for which no exemption is available shall be borne by Supplier. Upon completion of work to be performed under any applicable Purchase OrdersOrder, all Supplies shall be disposed of as Coherent directs.as