Common use of Closeout of Equipment Clause in Contracts

Closeout of Equipment. 1. Provided a new Contract is not entered into immediately following the end of the term of a Contract that has no additional renewals, or that will not be renewed (Closeout), or when a Contract is otherwise terminated, Grantee will submit System Agency an inventory of equipment purchased with System Agency funds and request disposition instructions for such equipment.

Appears in 6 contracts

Samples: Health And, contracts.hhs.texas.gov, contracts.hhs.texas.gov

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