Tooling and Equipment definition
Examples of Tooling and Equipment in a sentence
Seller will provide to Buyer a complete copy of (a) the programming logic for any software incorporated in the Tooling and Equipment Products purchased by Buyer from Seller, and (b) access to the program logic controller.
Seller agrees to have all Tooling and Equipment made to Buyer’s specifications, as written in Buyer’s Statement of Work or Purchase Order, and in accordance with the procedures set forth in Buyer’s Tool Quote and Build Requirements Manual, as applicable.
In no event may any Client-Owned Tooling and Equipment be used for any party other than Client without Client consent, such consent not to be unreasonably withheld, conditioned or delayed.
Except for the Tooling and Equipment identified in Attachment B as “Client-Owned” (such Tooling and Equipment, the “Client-Owned Tooling and Equipment”), which shall at all times remain owned by Client, any and all Tooling and Equipment shall be and remain Catalent’s property and all right, title and interest in and to the Tooling and Equipment shall remain at all times with Catalent.
Catalent shall be responsible, at Catalent’s expense, for routine maintenance and repair of the Tooling and Equipment; provided, however, that Client shall be responsible for reimbursing Catalent, upon invoice, for [**] all maintenance and repair of the Client-Owned Tooling and Equipment.
During the Term, Catalent shall use the Client-Owned Tooling and Equipment only to Process Client’s Product, and shall not use the Client-Owned Tooling and Equipment for any other purpose without Client consent, such consent not to be unreasonably withheld, conditioned or delayed.
Catalent agrees to keep the Tooling and Equipment and the Client-Owned Tooling and Equipment in good and efficient working order at all times, for use in manufacturing the Products.
The preventative maintenance plan shall include, without limitation, at least two (2) complete sets of maintenance and operating manuals for all Tooling and Equipment purchased by Buyer (including one in a foreign language, if required by Buyer), as well as a detailed bill of material.
Excluding the Client-Owned Tooling and Equipment which shall be held by Catalent at Client’s risk and shall be fully insured by Client, all other Tooling and Equipment shall be held at Catalent’s risk and shall be kept insured by Catalent.
Normal tooling maintenance will be commenced by the Supplier and related costs charged as part of the price for the Contract Products, whereas update and replacement of the Unique Type Bound Tooling and Equipment will be controlled and paid separately by the Buyer or Geely Entity.