Common use of Abandoned Equipment Clause in Contracts

Abandoned Equipment. Unless Element Critical otherwise agrees in writing, failure to remove equipment within thirty (30) days from the termination of the applicable Order will constitute abandonment of the equipment under the laws of the jurisdiction where the abandoned property is located. At Customer’s risk and expense, Element Critical will be entitled to pursue all available legal remedies, including, without limitation: (i) immediately removing Customer’s Equipment and storing it at an on-site or off-site location; (ii) shipping it to Customer at Customer’s cost; or (iii) upon thirty (30) days’ prior written notice to Customer, liquidating it, and retaining the proceeds.