Unreturned Equipment Fee Sample Clauses
The Unreturned Equipment Fee clause establishes a charge that applies when a customer fails to return equipment provided by a service provider or company. Typically, this clause specifies the types of equipment covered, the timeframe for return, and the amount or method for calculating the fee if the equipment is not returned as required. Its core function is to incentivize the timely return of company property and to compensate the provider for losses or replacement costs associated with unreturned items.
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Unreturned Equipment Fee. The Equipment provided to you under this Agreement is leased and remains the property of dishNET at all times. You agree that you will return all Equipment in accordance with the “Equipment Return” section below within thirty (30) days following disconnection of your Service or Equipment (including, without limitation, in connection with any Equipment exchange), and if you do not, dishNET will charge a $79.00 “Unreturned Equipment Fee” (which fee may be charged to your dishNET account immediately and subsequently refunded upon dishNET’s receipt of all Equipment or may be subsequently charged to your dishNET account if all Equipment is not received within such thirty (30) day period, at dishNET’s option). If your account is involuntarily deactivated for failure to pay your ▇▇▇▇ or otherwise, dishNET may immediately charge the Unreturned Equipment Fee(s) to your dishNET account. If you return all Equipment in accordance with this Agreement, the Unreturned Equipment Fee(s) that you have paid to dishNET, if any, will be refunded or credited to your account, at dishNET’s option, upon dishNET’s receipt of all Equipment.
Unreturned Equipment Fee. Any Equipment provided by KPE for use of the Service that was not purchased by Customer must be returned within 30 days after the cancellation or termination of Service. This Equipment will typically be limited to just the internet service modem. If all leased Equipment is not returned within 30 days, Customer will be charged a $250 Unreturned Equipment Fee.