Accessions and Additions Sample Clauses

The "Accessions and Additions" clause defines how any new items, improvements, or attachments made to the original property or goods during the contract period are treated. Typically, this clause specifies that such additions become part of the original property and are subject to the same terms and conditions as the original agreement. For example, if equipment is leased and the lessee installs new components or upgrades, these would be considered accessions or additions. The core function of this clause is to ensure clarity regarding ownership and rights over enhancements, preventing disputes about whether improvements belong to the original owner or the party making the additions.