Leased Hardware Clause Samples

The Leased Hardware clause defines the terms and conditions under which hardware is provided to a party on a lease basis. It typically outlines the responsibilities for maintenance, permitted uses, and the return of the equipment at the end of the lease period. This clause ensures both parties understand their obligations regarding the care, use, and eventual return of the hardware, thereby minimizing disputes and clarifying liability during the lease term.
Leased Hardware. Customer shall be liable for any loss of or damage to Leased Hardware caused by Customer’s negligence, intentional acts, or unauthorized maintenance and shall reimburse Pilot for the same, within thirty (30) days after receipt by Customer of Pilot’s request for reimbursement. Pilot does not accept responsibility for physical damage to Leased Hardware once shipped to Customer’s premises, whether intentional or accidental, including damages caused by power-related issues such as surges and/or brownouts. If Customer desires surge protection and/or battery backup protection for Leased Hardware, Customer bears the obligation of providing it. Shipping and delivery dates are estimates only and cannot be guaranteed. We are not liable for any delays in shipments.
Leased Hardware. Leased Hardware shall remain the sole and exclusive property of Pilot, and nothing contained herein shall give or convey to Customer, or any other person, any right, title or interest whatsoever in Leased Hardware, notwithstanding that it may be, or become, attached to, or embedded in, realty. Customer shall not tamper with, remove or conceal any identifying plates, tags or labels identifying Pilot’s ownership interest in Leased Hardware. Customer may be responsible for installing, powering up, and configuring Leased Hardware, as instructed by Pilot’s support teams and/or support documentation, and may relocate Leased Hardware as needed, but otherwise shall not adjust, align, attempt to repair, relocate or remove Leased Hardware, except as expressly authorized in writing by Pilot.
Leased Hardware. ‌ (a) If a Quotation provides that Visionflex leases and/or licenses Hardware to the Customer, then the terms of this clause 9 will apply. (b) In respect of any Leased Hardware, the Customer acknowledges and agrees that: (i) the Leased Hardware remains the sole property of Visionflex and the Customer is only a lessee or bailee of the Leased Hardware; (ii) the Customer is permitted to use the Leased Hardware for the purpose of carrying out remote medical consultations with the Visionflex Software and other reasonable computer-based activities during the Term (Approved Purpose); (iii) the Customer must not part with possession of any Leased Hardware except to Visionflex. (iv) to the extent possible under the terms of the Customer's occupation of the premises where the Leased Hardware is located, the Customer must allow Visionflex, its licensors and/or their nominees to (and, where applicable, must ensure that the landlord allows Visionflex, its licensors and/or their nominees to) access such premises on reasonable notice to install, inspect, test, modify, maintain, repair, change or recover any of the Leased Hardware; (v) Visionflex may remove the Leased Hardware (or any part of it) at any time on reasonable notice to the Customer; (vi) the Customer must ensure that the Leased Hardware (and any part of it) is not handled, used, maintained, tampered or interfered with by any person, except Visionflex; (vii) the Customer must indemnify Visionflex and its licensors for any losses or damage to any of the Leased Hardware (excluding fair wear and tear); (viii) if requested by Visionflex, the Customer must insure the Leased Hardware for an amount and on such terms reasonably required by Visionflex; (ix) the Customer must return the Leased Hardware to such address nominated by Visionflex within fourteen (14) days of the expiry or termination (for any reason) of this Agreement; (x) unless expressly specified otherwise in the Approved Purpose, the Customer must not do, or cause or permit to be done, any of the following without the prior written consent of Visionflex: (A) show, disclose or otherwise share the Leased Hardware (or any part of it) with any person not authorised by Visionflex in writing; (B) assign, sub-bail, sub-licence, sell, lend or otherwise transfer all or any part of the Leased Hardware to any person; (C) copy, modify, change, decompile, reverse engineer, create derivative works of, or otherwise interfere with the Leased Hardware (or any part of it)...
Leased Hardware. 4.3.1. If you lease any Hardware through us you shall pay the additional Fees set forth on the applicable Purchase Order in connection with such lease. 4.3.2. If you lease any Hardware through us, you acknowledge and agree that the Hardware is being leased to you, at the prices set forth on the applicable Purchase Order, for use solely in connection with the Services pursuant to this Agreement. You shall not (and shall not permit any third party) to use any leased Hardware for any purpose other than to access and use the licensed Software and related Subscription Services. You shall use any leased Hardware solely for their authorized and intended purpose in a commercially reasonable manner in conformity with their instructions and manuals and all applicable laws. In addition, you shall not use any leased Hardware in any manner that could reasonably be expected to adversely affect or impair the applicability of Shift5's and/or suppliers' warranties or render them unfit for their originally intended use nor permit any person other than authorized and competent personnel to operate it. 4.3.3. Title to any leased Hardware shall, at all times, remain in Shift5. You shall have no right, title, or interest in or to any leased Hardware except the right to possession and use thereof during the Software License Term and pursuant to terms and the conditions in this Agreement. Any leased Hardware shall remain Shift5 personal property, notwithstanding the manner in which it may be affixed to any Customer’s real property. You shall, at all times, protect and defend, at your own cost and expense, the title and interest of Shift5 from and against all claims, liens, and legal processes of any trustee in bankruptcy, receiver, creditor, or other successor of ▇▇▇▇▇▇▇▇ and keep any leased Hardware free and clear from all such claims, liens, processes, and any other encumbrance. You shall not sublease, transfer, or dispose of any leased Hardware or grant or permit any lien on them. You agree that you will not mortgage or otherwise encumber any leased Hardware. 4.3.4. We shall have the right to mark any leased Hardware in a distinct and conspicuous manner with the name of Shift5 followed by the words "Property of Shift5, Inc" or other appropriate words designated by us. You shall not alter, deface, or remove any of our ownership identification plates or markings and, upon our request, you shall affix or re-affix such identification. 4.3.5. Any leased Hardware shall be located at...
Leased Hardware. If you lease the server from Symantec, the following additional terms shall apply: (i) you may not transfer the software to another user as part of the transfer of the server, whether or not a permanent transfer of the software with the server is otherwise allowed in these license terms; (ii) your rights to any software upgrades shall be determined by the lease you signed for the server; and (iii) you may not use the software after your lease terminates, unless you purchase the server from Syamntec.