Common use of Capital Assets Clause in Contracts

Capital Assets. All equipment purchased with CKU funds which costs more than USD 300 should be recorded in a fixed asset register., which at al times should be updated. All capital assets must be, as far as possible, adequately insured against theft, loss and damage. If a partner feels that any regulation is inappropriate or difficult to comply with given their situation, the matter should be discussed with the Danish organisation so that appropriate procedures can be developed and agreed upon.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.