Unreturned/Damaged Equipment Fee Sample Clauses

Unreturned/Damaged Equipment Fee. Unreturned/Damaged Equipment Fee" refers to a fee charged by CoastConnect to a subscriber for any unreturned, damaged or destroyed CoastConnect Equipment upon termination of the services provided under this Agreement. The Unreturned/Damaged Equipment Fee will be sufficient to cover the full replacement cost for any unreturned or damaged CoastConnect Equipment. Customer understands and agrees that CoastConnect may charge the credit card on file at the time of termination of Service for the Unreturned/Damaged Equipment Fee. The payment of an Unreturned/Damaged Equipment Fee shall not result in a sale of, or the transfer of title to, any CoastConnect Equipment, and such equipment shall remain the property of CoastConnect, and CoastConnect retains title to CoastConnect Equipment at all times. Even if an Unreturned/Damaged Equipment Fee has been paid, CoastConnect Equipment shall not be resold, used or operated in any manner.