Unique Vendor Tooling definition

Unique Vendor Tooling means tooling owned by the Buyer, or Geely Entity, that is used and stored at the premises of a Third Party but used for the production of Contract Products (and/or components therein) for the Buyer and its Affiliates. “VCPA” means Volvo Consumer Product Audit. VCPA is the Volvo method to assess and evaluate the quality of the products. “Volvo Cars” shall have the meaning set out in Background A. above. 2.
Unique Vendor Tooling means tooling owned or to be owned by Polestar that is used and stored at the premises of the Vendors but used for the production of the Polestar 3
Unique Vendor Tooling means tooling including but not limited to molds, gauges, fixtures, owned by the Buyer and located at the premises of a Component Supplier related to Vehicles (and/or components therein) and that cannot be, or is not expected to be, re-used without modifications for another product. "Vehicle" shall have the meaning set out under Background E above. “Warranty Period” means the warranty period of the Vehicles available to the Buyer’s end customers in a relevant market as updated by the Buyer from time to time in accordance with applicable law and regulations. 2.

Examples of Unique Vendor Tooling in a sentence

  • For the avoidance of doubt, the aforementioned includes a responsibility for the Supplier to ensure that all facilities, equipment and tooling used in the Plant is properly insured except for when the ownership of the Unique Type Bound Tooling and Equipment and Unique Vendor Tooling used for manufacturing the Vehicle has been transferred to or retained with the Buyer or Component Supplier according to separate Tooling Agreement.

  • The Buyer is responsible for providing and maintaining such Unique Vendor Tooling.

  • Buyer and Supplier must agree on process and timing for handling Unique Type Bound Tooling and Equipment and Unique Vendor Tooling no later than 12 months before EOP, unless otherwise agreed between the Supplier and the Buyer.

  • Cost of carving out Unique Type Bound Tooling and Equipment and Unique Vendor Tooling is upon the Buyer.

  • Agreement No.: GEE23-015 15 7.4.2 The Buyer is responsible to procure and maintain appropriate and adequate insurance coverage for its business operations and activities performed (if any) under the Manufacturing Agreement, including the Unique Type Bound Tooling and Equipment and Unique Vendor Tooling whenever the ownership of which has been transferred to or retained with the Buyer.

  • Bound Tooling and Equipment and Unique Vendor Tooling the Buyer or Geely Entity shall grant the Supplier the right to use such assets for the manufacturing of the Contract Product under a User Right Agreement to be entered into between the Supplier and Buyer or Geely Entity.

  • Bound Tooling and Equipment and Unique Vendor Tooling the Buyer or or Geely Entity, shall grant the Supplier the right to use such assets for the manufacturing of the Contract Product under a User Right Agreement to be entered into between the Supplier and Buyer or or Geely Entity.

  • List of Unique Type Bound Tooling and Equipment and Unique Vendor Tooling for Polestar 3 Vehicles B.


More Definitions of Unique Vendor Tooling

Unique Vendor Tooling means tooling including but not limited to molds, gauges, fixtures, owned by the Buyer and located at the premises of a Component Supplier related to Vehicles (and/or components therein) and that cannot be, or is not expected to be, re-used without modifications for another product. "Vehicle" shall have the meaning set out under Background E above. Agreement No.: GEE23-015 10 “Warranty Period” means the warranty period of the Vehicles available to the Buyer’s end customers in a relevant market as updated by the Buyer from time to time in accordance with applicable law and regulations. 2.
Unique Vendor Tooling is defined in Section 3.1.1. Agreement No.: GEE21-016

Related to Unique Vendor Tooling

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