Common use of STUDY EQUIPMENT Clause in Contracts

STUDY EQUIPMENT. [TO BE INSERTED IF APPLICABLE] Under this Agreement the SPONSOR will supply the INSTITUTION, for use in the Study, on............................(delivery date) following device […] (include description of the device, brand, type, serial number) (“EQUIPMENT”) on a loan-for-use or free lease base for the entire duration of the Study; The INSTITUTION shall examine the Equipment upon its delivery and shall verify if satisfactory to the INSTITUTION’s needs. The Equipment is a medical device for which the SPONSOR expressly confirms that the device complies with the terms and conditions laid down under applicable law. The current value of the device is………..EUR (exclusive of VAT). This is without prejudice to Institution’s liability with respect to the Equipment being limited to duly evidenced wilful misconduct and/or gross negligence of Institution.

STUDY EQUIPMENT. [TO BE INSERTED IF APPLICABLE] Under this Agreement the SPONSOR will supply the INSTITUTION, for use in the Study, on............................(delivery date) following device […] (include description of the device, brand, type, serial number) (“EQUIPMENTEquipment”) on a loan-for-use or free lease base for the entire duration of the Study; The INSTITUTION shall examine the Equipment upon its delivery and shall verify if satisfactory to the INSTITUTION’s needs. The If the Equipment is a medical device for which device, the SPONSOR expressly confirms that the device complies with the terms and conditions laid down under applicable lawApplicable Laws. The current value of the device Equipment is………..EUR (exclusive of VAT). This is without prejudice to InstitutionINSTITUTION’s liability with respect to the use of the Equipment being limited to duly evidenced wilful misconduct and/or gross negligence of Institution.