Article 1 Definitions
For the purpose of this agreement the following terms shall have the following indicated meaning
1.1 “The buyer” means AIT and AIT is the buyer of the parts
1.2 “The Seller” means AIT and STS is the manufacturer and the seller of the parts
1.3 “ The customers” mean Toyota Motor Thailand Co., Ltd , Siam Toyota Motor Thailand, Hino Motor manufacturing, Thailand and others ; they are the purchase of the parts manufactured and supplied by the seller through the buyer
1.4 “The parts” means the forged products for Toyota brand engine vehicle manufactured and supplied by the seller to the buyer
1.5 “The party” means either the buyer or the seller
1.6 “The parties” means both the buyer and the seller
1.7 “The agreement” means the basic part purchasing agreement agreed and concluded by and between the buyer and the seller