Product Provided Clause Samples

Product Provided. A Product Provided remains the exclusive property of POST. You may not under any circumstances sell, sublet, transform, or offer as collateral such a Product, or even lend it any form to a third party. You are solely responsible for correctly using and keeping the Product Provided (including a Product Provided that has already been delivered but has not yet been activated by POST and/or used, or which is temporarily disconnected). You are responsible for any damage, deterioration, loss, theft and/or destruction of any Product Provided, regardless of the cause, unless this is due exclusively to gross negligence or fraud on the part of POST. In the event of damage, loss or theft of a Product Provided, you must immediately inform POST, including, if applicable, a copy of the declaration of theft or loss submitted to the competent authorities. You shall endeavour to protect it against any risk of damage during the term of the Contract. Replacement/repair of a Product Provided. POST shall be exclusively authorised to work on a Product Provided and to modify it, update it (remotely, if applicable), replace it and/or repair it, in whole or in part. In the event of malfunction of any Product Provided during the term of the Contract, POST undertakes to repair or replace it free of charge (unless the malfunction is attributable to you), as soon as possible and while stocks last. POST will determine at its own discretion what technical means are appropriate for this purpose and its liability is limited to repairing or replacing it. Intervention on a Product Provided. You authorise POST and its Subcontractors to operate on Loss of data. POST may not under any circumstances be held liable for the loss of any data that may be stored in a Product Provided (including where such loss occurs while the Product Provided is being analysed and/or repaired). You shall take all measures necessary steps protect/preserve the data stored in any Product Provided from any loss or unauthorised access prior to the intervention of POST or a Subcontractor. INVOICING AND PAYMENT Immediate and advance payment. POST may require immediate payment of past due debts, or even prepayment of debts due on a month-to-month basis if you are subject to debt proceedings. OBLIGATIONS OF THE CUSTOMER Use of the Service or Product. You agree to use any Service and/or Product with due care and in accordance with the instructions of the manufacturer and POST. You may not transfer, rent or resell all or part...