Common use of Takeover Clause in Contracts

Takeover. If Company is taking over the operation of an existing system at your Premises, you represent that the existing system is and remains your property and you grant the Company the right to inspect, remove, modify or take over such system. The Company has the right to determine which, if any, portions of the existing system Company will takeover (“Eligible Equipment”). Eligible Equipment will be listed on the Equipment Location Record. The Company, in its sole discretion, may elect not to take over all or any portion of an existing system, including if it determines that portions are not in good working order or will not operate with the System or the Services. Only Eligible Equipment is deemed part of the System for purposes of this Agreement.

Takeover. If Company is taking over the operation of an existing system at your Premises, you represent that the existing system is and remains your property and you grant the Company the right to inspect, remove, modify or take over such system. The Company has the right to determine which, if any, portions of the existing system Company will takeover (“Eligible Equipment”). Eligible ▇▇▇- gible Equipment will be listed on the Equipment Location Record. The Company, in its sole discretion, may elect not to take over all or any portion of an existing system, including if it determines that portions are not in good working order or will not operate with the System or the Services. Only Eligible Equipment is deemed part of the System for purposes of this Agreement.