Common use of Contractor Property Clause in Contracts

Contractor Property. 5.1 City agrees that all furniture, equipment, and other similar property of a personal nature which is acquired by CONTRACTOR solely with its own resources shall be and remain the property of CONTRACTOR. All fixtures, including items which are attached to, affixed or otherwise become part of the Center, shall be property of the City.

Appears in 2 contracts

Sources: Operation and Management Agreement, Operation and Management Agreement