Define: Free Issue Materials

How is Free Issue Materials defined in a legal contract?

• Free Issue Materials means any equipment, parts or components or spares to be supplied by [organization] to the Vendor which are to be incorporated in any supply of Indigenous Material(s). Seen in 20 SEC filings
• Free Issue Materials means any materials made available to the Seller by [organization] free of charge for incorporation by the Seller into the Goods to be supplied to [organization]. Seen in 11 SEC filings
• Free Issue Materials means any equipment, machinery, apparatus, accessories, auxiliaries, spare parts, tools and tackles and articles and things provided by [organization] to the Contractor for incorporation in the Permanent Work and which shall be bailed to the Contractor upon their delivery at Site. Seen in 10 SEC filings
• Free Issue Materials means materials supplied to the Insured for incorporation into the Contract Works and for which they are responsible but which have not been included in the final valuation of the work, provided that the value of Free Issue Materials are declared to the Insurer and form part of any declaration made under [General Conditions] Applying to Sections [number] and 2, subsection [number]. Seen in 5 SEC filings
• Free Issue Materials means the materials and/or tools (such as but not limited to dies, jigs, fixtures, patterns, gauges, molds, test equipment, equipment for repairs or servicing by Supplier) delivered by Purchaser for execution of the Contract. Seen in 4 SEC filings
• Free Issue Materials means materials belonging to the SPA and which the SPA makes available free of charge to the Contractor solely for the purpose of and for use in the Contract. Seen in 3 SEC filings
• Free Issue Materials means where for the purpose of the Contract any Authority issues certain materials free of charge to the Contractor solely for use in relation to the Contract, but ownership is retained by the Authority. Seen in 2 SEC filings
• Free Issue Materials means any materials provided to the Company by the Customer for use by the Company in the performance of any Services, or the production of any Goods. Seen in 2 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of free issue materials' yourself to verify these results. We are always keen to point people to source documents.

‍

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

‍

Genie Definition 1

• Free Issue Materials means materials provided by [organization] to [party] for incorporation in [project or product], free of charge.

Relevant Contract Types

• Supply Agreements
• Manufacturing Contracts
• Construction Contracts
• Service Contracts

Relevant Circumstances

• Supply of raw materials for manufacturing or production processes.
• Supply of equipment for construction projects.
• Free provision of certain materials under a specified contract.

Relevant Sectors

• Manufacturing
• Construction
• Retail

‍

Genie Definition 2

• Free Issue Materials means tools provided by [organization] to [party] used for the execution of [contract], free of charge.

Relevant Contract Types

• Service Contracts
• Consulting Agreements
• Maintenance Contracts

Relevant Circumstances

• Provision of tools for use by consultants or contractors in the execution of a project.
• Provision of tools for maintenance services.

Relevant Sectors

• Consulting
• Maintenance
• IT Services

‍