Mining Equipment Return Clause Samples
The Mining Equipment Return clause outlines the obligations and procedures for returning mining equipment at the end of a lease, rental, or project period. It typically specifies the condition in which the equipment must be returned, such as requiring it to be clean, operational, and free from excessive wear or damage beyond normal use. This clause ensures that the equipment owner receives their property back in a usable state, minimizing disputes over equipment condition and clarifying responsibilities for repairs or replacements.
Mining Equipment Return. Provided that Customer has paid all amounts then due and owing under this Agreement, including costs due with respect to this Section 8.3, Compute North shall decommission and make the Mining Equipment available to Customer for pickup at, or shipment from, the Facility within thirty (30) business days of Customer’s written request. Customer shall be responsible for all deinstallation, packing, storage, transportation, delivery, and other costs associated with removing and returning its Mining Equipment, including as set forth in the Customer Handbook. Compute North will notify Customer when its Mining Equipment is ready for pickup, and Customer shall arrange for pickup and removal of the Mining Equipment at its sole risk and expense. If Customer does not remove the Mining Equipment as provided herein, Compute North may charge Customer for storage from the date of notice that the Mining Equipment is ready for pickup. Any Mining Equipment that is not picked up and removed within thirty (30) days of such notice shall be deemed abandoned and legal title to such Mining Equipment shall transfer to Compute North.
Mining Equipment Return. Upon Customer’s written request, and provided that Customer has paid all amounts then due and owing under this Agreement, Compute North shall decommission and return the corresponding Mining Equipment to Customer upon the expiration or termination of the applicable Equipment Term as provided in Section 8.3.
Mining Equipment Return. Upon Customer’s written request and provided Customer has paid all undisputed amounts then due and owing under this Agreement, Company shall decommission and return corresponding Mining Equipment provided by Customer per the Order Form to Customer upon the expiration or termination the applicable Equipment Term as provided in Section 9.3.
Mining Equipment Return. Provided that Customer has paid all amounts then due and owing under this Agreement, Company shall decommission and make the Mining Equipment available to Customer for pickup at, or shipment from, the Facility within thirty (30) business days of Customer’s written request. Customer shall be responsible for all reasonable, documented deinstallation, packing, storage, transportation, delivery, and other costs associated with removing and returning its Mining Equipment. Company will notify Customer when its Mining Equipment is ready for pickup, and Customer shall arrange for pickup and removal of the Mining Equipment at its sole risked expense. If Customer does not remove the Mining Equipment as provided herein, Company may charge Customer for storage from the date of notice that the Mining Equipment is ready for pickup. Customer shall remain liable to Company for all amounts due for the remainder of the applicable Equipment Term for such Mining Equipment, if any.