Examples of Consigned Equipment in a sentence
All Consigned Equipment, Consigned Materials or other materials which Mobileye furnishes either directly or indirectly to SUPPLIER, or which Mobileye buys from, or gives reimbursement to, SUPPLIER in whole or in part (collectively, “Mobileye Property”) will be and remain the property of Mobileye.
In any case, Mobileye shall be responsible to deliver the Consigned Equipment to SUPPLIER’s specified warehouse in Hong Kong.
The terms and conditions of Sections 12.0 and 14.7 of the Master Agreement shall govern the Supplier’s use and possession of the Consigned Equipment, as supplemented by this Amendment.
All costs of shipping, insurance, freight, customs duties, costs, taxes, premiums and other expenses relating to the transportation and delivery to the Supplier Facility of all Consigned Equipment and Consigned Materials shall be at Customer’s expense.
SUPPLIER shall not be liable for defects in Products which arise directly and solely as a result of defects in the Consigned Materials and/or Consigned Equipment, provided that such defects (whether they be in the Consigned Materials, Consigned Equipment or Products) could not have been discovered by SUPPLIER prior to shipment of the Product using best industry standards for quality control as well as the processes outlined in the Manufacturing File.