Asset Register Clause Samples

Asset Register. 31.1.1 By no later than 20 Business Days after the end of each quarter of a Contract Year after the Go Live Date the Service Provider must provide Health with a current Asset Register for Assets used in the delivery of the Register and Services. The Service Provider will use the Asset Register as the base Document for Asset Register updates. 31.1.2 On a periodic basis, at 6 Monthly intervals (or more frequently if requested by Health), the Service Provider must update the Asset Register , and must continuously update the Asset Register as required to conduct the following actions: (a) remove Assets that are no longer in use; (b) modify Asset information resulting from Asset relocation; (c) modify Asset information in response to upgrades and Software updates; (d) add new Asset information upon implementation of new Equipment or Software; (e) capture information about Software Licences and Software Licence usage; (f) include details where Incidents relate to Assets; and (g) track and report on the completion progress of Asset refresh by lease-end date (where applicable).

Asset Register. ‌ (a) The Recipient must maintain an Asset Register for Assets under this Agreement which must record: (i) all non-consumable items of a portable nature with a value below the Asset Threshold; (ii) all Assets with a value at or above the Asset Threshold at the time of purchase; (iii) Asset description; (iv) purchase price or total lease cost; (v) date of purchase or lease and date of payment; (vi) reason for acquisition; (vii) type and term of lease (if applicable); (viii) date of receipt of the Asset at the Activity site; (ix) identification number for the Asset; (x) location of Asset; (xi) current value of the Asset (purchase price minus depreciation); (xii) disposal date; (xiii) disposal method; and (xiv) reason for disposal. (b) Subject to the requirements of this Clause 13 (Assets) and the terms of any lease, the Recipient will own the Assets unless otherwise specified in Part C (Activity Proposal).

Asset Register. 13.2.1 The Contractor shall maintain and provide to the DCC a Register of Relevant Business Assets. 13.2.2 The Contractor shall ensure that the Register of Relevant Business Assets contains the following information: (a) a register of all of the Relevant Business Assets, detailing: (i) whether each Relevant Business Asset is capable of being transferred to the DCC and/or any Replacement Contractor following the expiry or termination of this Agreement (each, a "Transferable Asset"). (ii) if not, whether each Relevant Business Asset is otherwise capable of being made available by the Contractor for use by the DCC and/or any Replacement Contractor following the expiry or termination of this Agreement (each, an "Ongoing Access Asset"); (iii) the ownership status of each Transferable Asset and each Ongoing Access Asset; (iv) the value of each Transferable Asset, calculated using the Net Book Value, remaining lease payments or such other valuation method as approved by the DCC in respect of specific Relevant Assets and, in any event, in compliance with the Applicable Accounting Standards of the Contractor (the "Transferable Asset Value"); (b) a register of all of the software provided in connection with the Services; (c) a register of all other Intellectual Property Rights relevant to the performance of the Services; and (d) a register of all sub-contracts and other agreements (including software licences, maintenance and support agreements and equipment, rental and lease agreements) required for the performance of the Services. 13.2.3 The Contractor shall maintain the Register of Relevant Business Assets in the format specified in such format as is agreed by the parties from time to time. 13.2.4 The Contractor shall review and update the Register of Relevant Business Assets periodically.

Asset Register. The Recipient must maintain an Asset Register for Assets under this Agreement which must record: all non-consumable items of a portable nature with a value below the Asset Threshold; all Assets with a value at or above the Asset Threshold at the time of purchase; Asset description; purchase price or total lease cost; date of purchase or lease and date of payment; reason for acquisition; type and term of lease (if applicable); date of receipt of the Asset at the Activity site; identification number for the Asset; location of Asset; current value of the Asset (purchase price minus depreciation); disposal date; disposal method; and reason for disposal. Subject to the requirements of this Clause 13 (Assets) and the terms of any lease, the Recipient will own the Assets unless otherwise specified in Part C (Activity Proposal).

Asset Register. The Trustee shall keep or cause to be kept an asset register with respect to each Trust, in which shall be entered the Authorised Investments and other Assets of the Trust (other than Purchased Receivables and the related Receivable Rights) entered into the relevant asset register on an individual basis.

Asset Register. MEM keeps an up to date plant register of the fixed assets used by it in the Business (Fixed Assets) and a copy of the register is set out in the Data Room.

Asset Register. For the purpose of clause 11.3 of the Agreement, You agree to provide us the Asset Register within 4 months of the end of each Financial Year during the Term.

Asset Register. (a) The Health Services Manager must: (i) maintain a full and accurate register setting out all Assets (Asset Register); the owner or custodian of the Assets; location of the Assets; condition of the Assets; details of any encumbrances or relevant limitations on the Assets; any information relevant to the Assets; and any information in relation to the Assets that is requested by the Department from time to time; (ii) review and update the Asset Register as necessary to reflect all changes to the Assets, e.g. if Assets are created, acquired, written-off or disposed of during the Term, this information must be included in the Asset Register; (iii) provide the Department with access to the Asset Register upon request. (b) The Asset Register must separate the Assets in two categories: (i) Assets with a cost of $2,000.00 (GST exclusive) or more; and (ii) Assets with a cost less than $2,000.00 (GST exclusive). (c) The Department may, at its sole discretion: (i) distribute the Health Services Manager's Asset Register to Third Parties (including providers engaged by the Department); or (ii) incorporate information in the Health Services Manager's Asset Register in a master Asset Register, and, if required by the Department, provide Third Parties with access to this master Asset Register.

Asset Register. 5.1. The Contractor shall keep before the Manager a register of all assets used in the activities listed in paragraph Erro! Fonte de referência não encontrada.. 5.1.1. The content of such register shall be defined by the Manager and included in the SGPP guide.