Buyer Tooling definition

Buyer Tooling means the computer numerical control (“CNC”) programming, tooling, dies, jigs, molds, patterns and fixtures used by Seller or Seller’s subcontractors to manufacture the Product which is provided by Buyer to Seller or specifically developed, produced or acquired by Seller or its subcontractors to enable Seller to perform its obligations under this Order, and CNC programming, tooling, dies, jigs, molds, patterns, and fixtures that are replacements thereof.
Sample 1
Buyer Tooling means tools, jigs, dies, gauges, fixtures, molds, and patterns that Buyer provides to Argent for the purpose of manufacturing products or performing services for Buyer. Buyer may provide Buyer Tooling either by providing the tooling itself or by purchasing it as a product under an Order, paying for the same, and leaving it in Argent’s custody as Buyer Tooling. Argent will identify and treat Buyer Tooling with care at least equal to that with which Argent keeps its own tooling of like importance, but in all cases with at least reasonable care. Where Buyer requires that Argent use Buyer Tooling in the production of products for Buyer, Buyer will supply to Argent Buyer Tooling as necessary to complete the production of the products ordered. If Buyer Tooling wears out under normal use, Buyer shall supply to Argent, or purchase from Argent, new or repaired Buyer Tooling. Argent will return to Buyer all Buyer Tooling within a commercially reasonable time after request FOB (UCC 2-319) for domestic shipments or EXW (Incoterms 2000) for international shipments Argent’s dock at the place where Argent last used or stored the Buyer Tooling (provided, however, that, in the case of Buyer Tooling that constitutes products under an Order for which Buyer has not paid in full, Buyer must first pay the full purchase price of such Buyer Tooling). Argent may also require that Buyer take back Buyer Tooling that Argent no longer requires for production. If Buyer, by the 21st day after notice from Argent that Argent no longer requires the Buyer Tooling, has not either removed the Buyer Tooling from Argent’s premises or given Argent instructions with regard to the disposition of the Buyer Tooling (and undertaken to pay for the same), Argent may dispose of the Buyer Tooling as Argent sees fit.
Sample 1
Buyer Tooling means tools, equipment, or materials owned by Buyer.
Sample 1

Examples of Buyer Tooling in a sentence

  • Buyer is responsible for paying for any necessary replacements of and repairs to the Buyer Tooling.

  • Timken is not obligated to segregate, label, protect, insure or take any other specific action with respect to managing and safeguarding Buyer Tooling or Buyer Property.

  • Buyer accepts all risk of loss and damage to the Buyer Tooling and Buyer Property, except for loss or damage caused exclusively by Timken’s negligence, and Buyer waives all rights of subrogation for itself and its insurers with respect to any such loss and damage.

  • Buyer hereby grants to Timken a security interest in the Buyer Tooling and Buyer Property to secure all amounts owed by Buyer to Timken.

  • Seller will, to the extent feasible, identify Buyer Tooling as Buyer directs and will dispose of Buyer Tooling only in accordance with Buyer’s written instructions.

  • Upon request from Buyer, Seller shall provide Buyer a list of Buyer Tooling in Seller’s possession and Buyer may audit such list against Buyer Tooling at Seller’s facilities.

  • Unless otherwise authorized in writing by Buyer, Seller will use Buyer Tooling solely in the performance of Orders for Buyer.

  • Xxxxx is responsible for paying for any necessary replacements of and repairs to the Buyer Tooling.

  • Buyer reserves the right to inspect or otherwise audit Buyer Tooling inventory.

  • Seller assumes complete liability for any Buyer Tooling in Seller’s possession, custody or control, including any transfer to Seller’s subcontractors, and Seller agrees to pay for all repair, maintenance and replacement of Buyer Tooling.


More Definitions of Buyer Tooling

Buyer Tooling means the computer numerical control (“CNC”) programming, tooling, dies, jigs, molds, patterns and fixtures used by Seller or Seller’s subcontractors to manufacture the Product which is provided by Buyer to Seller or specifically developed, produced or acquired by Seller or its subcontractors to
Sample 1

Related to Buyer Tooling

  • Seller Software means all material Software owned or licensed by the Seller or used by the Seller in the operation of the Seller’s Business.

  • Buyer Data means all data, records, files, information or content, including text, sound, video, images and software, that is (a) input or uploaded by Buyer or its Users to or collected, received, transmitted, processed, or stored by Buyer or its Users using the Software or SaaS Service in connection with this Agreement, or (b) derived from (a). Buyer Data is Confidential Information of Buyer.

  • Seller Use means fuel used for gas compression, LPG plants and LNG plants, other gas needed by Seller's facilities to furnish the requirements of Buyers, together with unaccounted for gas. This gas shall be considered Included In Priority of Service Category 1. Other vital uses of Seller, such as flame stabilization requirements, will be met as long as such uses do not jeopardize service to its firm service Buyers.

  • Buyer has the meaning set forth in the preamble.

  • Sellers has the meaning set forth in the preamble.

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Seller has the meaning set forth in the Preamble.

  • Purchaser/ User means ultimate recipient of goods and services

  • Seller Products means all products and services that are being manufactured or performed by Seller at any time, other than Logic Business Products that are being manufactured or performed by Seller as of the Closing Date.

  • Buyers has the meaning set forth in the preamble.

  • Tooling means tools funded or provided by the Buyer.

  • Seller IP means (a) all Intellectual Property Rights in or pertaining to the Seller Products or methods or processes used or incorporated in the Seller Products, and (b) all other Intellectual Property Rights owned by or exclusively licensed to the Seller.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Model 1 seller means a seller registered under the agreement that has selected a certified service provider as the seller's agent to perform all of the seller's sales and use tax functions for agreement sales and use taxes other than the seller's obligation under Section 59-12-124 to remit a tax on the seller's own purchases.

  • Spares means a part or a sub-assembly or assembly for substitution which is ready to replace an identical or similar part or sub-assembly or assembly including a component or an accessory;

  • Primary Seller means the Seller whose Bid City selected as the principal supplier of the Goods and/or Services required under this Agreement.

  • Project Buyer means the City’s employee assigned to serve as the contact person for Bidders/Sellers responding to Invitations For Bid or completing contracts herein.

  • Consumables means where the context permits, Digital Print Consumables, Inkjet Printing System Consumables and Prepress Consumables.

  • Model 4 seller means a seller that is registered under the agreement and is not a model 1 seller, model 2 seller, or model 3 seller.

  • Procuring Entity/Purchaser means a Entity having administrative and financial powers to undertake Procurement of Goods, Works or Services using public funds, as specified in the PCC;

  • Warranty Purchaser The Person described in Section 2.04 of the Trust Sale Agreement.

  • Open-Source Components means any software component that is subject to any open-source copyright license agreement, including any GNU General Public License or GNU Library or Lesser Public License, or other obligation, restriction or license agreement that substantially conforms to the Open Source Definition as prescribed by the Open Source Initiative or otherwise may require disclosure or licensing to any third party of any source code with which such software component is used or compiled.

  • BFE means any equipment which is to be provided by the purchaser of the Aircraft (whether actually provided by LESSOR as buyer-furnished equipment or Manufacturer as seller-purchased equipment).

  • Purchaser means the organization purchasing the goods.

  • Wind Turbine means a mechanical/electrical system that converts the kinetic energy of blowing wind into mechanical or electric power.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;