Common use of OWNERSHIP OF PERSONAL PROPERTY Clause in Contracts

OWNERSHIP OF PERSONAL PROPERTY. All personal property purchased with compensation provided to CONTRACTOR from COMMISSION under this Contract Project shall become COMMISSION’s property upon the expiration or termination of this Contract, unless otherwise agreed to by COMMISSION. COMMISSION shall exercise its option to physically retain items of tangible personal property within the thirty (30) calendar days immediately preceding and or following the completion of the project or initiative that is the subject of this Contract, whether completed within the Term of this Contract or any other subsequent agreement executed by COMMISSION and CONTRACTOR. The terms of this Section XIII shall survive the expiration or termination of this Contract.

OWNERSHIP OF PERSONAL PROPERTY. All personal property purchased with compensation provided to CONTRACTOR from COMMISSION under this Contract Project shall become COMMISSION’s property upon the expiration or termination of this Contract, unless otherwise agreed to by COMMISSION. COMMISSION shall exercise its option to physically retain items of tangible personal property within the thirty (30) calendar days immediately preceding and or following the completion of the project or initiative that is the subject of this Contract, whether completed within the Term of this Contract or any other subsequent agreement executed by COMMISSION and CONTRACTOR. The terms of this Section XIII XXIII shall survive the expiration or termination of this Contract.

OWNERSHIP OF PERSONAL PROPERTY. All If applicable, all personal property purchased with compensation provided to CONTRACTOR from COMMISSION under this Contract Project shall become COMMISSION’s property upon the expiration or termination of this Contract, unless otherwise agreed to by COMMISSION. COMMISSION shall exercise its option to physically retain items of tangible personal property within the thirty (30) calendar days immediately preceding and or following the completion of the project or initiative that is the subject of this Contract, whether completed within the Term of this Contract or any other subsequent agreement executed by COMMISSION and CONTRACTOR. The terms of this Section XIII shall survive the expiration or termination of this Contract.

OWNERSHIP OF PERSONAL PROPERTY. All personal property purchased with compensation provided to CONTRACTOR VENDOR from COMMISSION under this Contract Agreement Project shall become COMMISSION’s property upon the expiration or termination of this ContractAgreement, unless otherwise agreed to by COMMISSION. COMMISSION shall exercise its option to physically retain items of tangible personal property within the thirty (30) calendar days immediately preceding and or following the completion of the project or initiative that is the subject of this ContractAgreement, whether completed within the Term of this Contract Agreement or any other subsequent agreement executed by COMMISSION and CONTRACTORVENDOR. The terms of this Section XIII shall survive the expiration or termination of this ContractAgreement.