Common use of Maintenance Repairs and Alterations Clause in Contracts

Maintenance Repairs and Alterations. 8.1 The University shall have sole responsibility for ordinary repair and maintenance of the Premises and of any Shared Equipment, except that Licensee shall be responsible for the cost of any repairs to the Premises or other University property and for the costs of any repairs or replacement of Shared Equipment required as a result of any negligent act or omission by Licensee, or its employees, agents, or invitees. Licensee shall promptly notify University of any such damage and University shall make such repairs or replacements at the sole cost and expense of Licensee. Licensee shall be solely responsible for the maintenance and repair of any of its private equipment. Replacement of Shared Equipment, whether necessitated by Licensee or otherwise, shall be at University’s sole option.

Maintenance Repairs and Alterations. 8.1 The University shall have sole responsibility for ordinary repair and maintenance of the Premises and of any Shared Equipment, except that Licensee shall be responsible for the cost of any repairs to the Premises or other University property and for the costs of any repairs or replacement of Shared Equipment required as a result of any negligent act or omission by Licensee, or its employees, agents, or invitees. Licensee shall promptly notify University of any such damage and University shall make such repairs or replacements at the sole cost and expense of Licensee. Licensee shall be solely responsible for the maintenance and repair of any of its private equipment. personal property Replacement of Shared Equipment, whether necessitated by Licensee or otherwise, shall be at University’s sole option.