Common use of Surplus Items Clause in Contracts

Surplus Items. 14.6.1 During the performance of the Work, and subject to Schedule A (Scope of Work), Contractor shall store and keep an inventory of all surplus Canadian Natural Items and Contractor Items. Upon completion of the Work, Contractor shall: 14.6.1.1 provide Canadian Natural with a reconciliation of Canadian Natural Items received, used and surplus; 14.6.1.2 provide Canadian Natural with a list of all surplus Contractor Items; 14.6.1.3 promptly return to Canadian Natural all unused Canadian Natural Items; and 14.6.1.4 notify Canadian Natural of the prices at which Contractor is prepared to sell to Canadian Natural the various surplus Contractor Items. 14.6.2 Canadian Natural shall have the right to purchase from Contractor all or any portion of the surplus Contractor Items at the price set forth in the notice given by Contractor by giving notice to Contractor of Canadian Natural's decision to purchase such surplus not later than fifteen (15) days after receipt by Canadian Natural of Contractor's notice respecting surplus Contractor Items.

Surplus Items. 14.6.1 15.7.1 During the performance of the Work, and subject to Schedule A (Scope of Work), Contractor shall store and keep an inventory of all surplus Canadian Natural Items and Contractor Items. Upon completion of the Work, Contractor shall: 14.6.1.1 15.7.1.1 provide Canadian Natural with a reconciliation of Canadian Natural Items received, used and surplus; 14.6.1.2 15.7.1.2 provide Canadian Natural with a list of all surplus Contractor Items; 14.6.1.3 15.7.1.3 promptly return to Canadian Natural all unused Canadian Natural ItemsItems at the Delivery Point; and 14.6.1.4 15.7.1.4 notify Canadian Natural of the prices at which Contractor is prepared to sell to Canadian Natural the various surplus Contractor Items. 14.6.2 15.7.2 Canadian Natural shall have the right to purchase from Contractor all or any portion of the surplus Contractor Items at the price set forth in the notice given by Contractor by giving notice to Contractor of Canadian Natural's decision to purchase such surplus not later than fifteen (15) days after receipt by Canadian Natural of Contractor's notice respecting surplus Contractor Items.