Common use of Operator’s Equipment Clause in Contracts

Operator’s Equipment. The Operator shall be responsible for at its own cost and retain title to any Operator’s Equipment, including as set out in Schedule A (Operator’s Scope of Work) required by the Operator for performance of Services and in connection with this Agreement (collectively the “Operator Equipment”). The Operator shall be responsible for transit costs and risk of Loss (including loss of revenue) and insurance costs for such Operator Equipment.