Commodatum Agreement definition

Commodatum Agreement means a gratuitous loan for use, for a specified time or purpose, subject to the obligation of the borrower to restore the thing itself as regulated by the relevant agreement and the Civil Code ;
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Commodatum Agreement substantially in the form and with the content set forth in Exhibit "H" with respect to the Equipment that In addition, Entrada and Entrada Mexico agree to insert or stamp in all customs invoices to be used by Entrada Mexico for the importation of the equipment, tools, raw materials, supplies and other goods furnished by CLIENT into Mexico, the following legend "This commercial invoice is issued exclusively for customs purposes in order to import into Mexico the goods covered by the same and therefore does not transfer ownership of the goods." Upon CLIENT's written request for the return of machinery and/or equipment covered by the Commodatum Agreement, Entrada and Entrada Mexico shall undertake to obtain appropriate governmental clearance and documentation for the return of the machinery and/or equipment to the address the CLIENT designates. Any costs and related expenses of said governmental clearances, insurance and of transportation will be paid by CLIENT.
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Examples of Commodatum Agreement in a sentence

  • The Parties understand and agree that ALIGN is providing the Equipment to IMS in order that it may enter into the Commodatum Agreement, and in order that IMS may provide the Services required under the Shelter Agreement.

  • The Commodatum Agreement will address, more specifically, the custody and care of Equipment and shall include: (i) an Equipment Use Agreement, attached thereto as Annex 1; and (ii) an equipment list, attached thereto as Annex 2, describing all Equipment which list thereafter will be supplemented and amended from time to time to reflect any additions to or deletions to such Equipment.

  • The Equipment provided to ALIGN, pursuant to the Commodatum Agreement shall be used by IMS solely in the performance of this Agreement, as further described in the Equipment Use Agreement.

  • ALIGN will, contemporaneously with the execution of this Agreement, execute a Commodatum Agreement, (hereinafter, the "Commodatum Agreement") a copy of which is attached hereto (Exhibit "C") and made a part hereof.

  • At Align's written request, ALIGN, at its expense, or as a Reimbursable Expense to IMS, will provide all insurance coverage for Equipment, Components, Products and other items that ALIGN provides to IMS pursuant to this Agreement and the Commodatum Agreement.

  • IMS will continue to coordinate and carry out the installation of the Equipment which ALIGN will provide to IMS pursuant to the Commodatum Agreement from time to time, all in compliance with the instructions of ALIGN and the applicable Mexican labor, hygiene, environmental, and safety laws, and in compliance with ALIGN's supplied guidelines.

  • The parties may, from time to time, amend the list attached (Equipment List, Attachment 2 of this Commodatum Agreement) so that it may include machinery, which may be delivered to IMS pursuant to the Shelter Agreement or other agreement of the parties.

  • Lessee and Lessor further agree that all rights and obligation of either of them with respect to the Equipment are governed by and shall be interpreted in accordance with their intent as expressed in the Lease, notwithstanding any contrary term in the Commodatum Agreement.

  • In the event of a conflict between the Commodatum Agreement and this Agreement, the Commodatum shall control.

  • It is a condition subsequent to this Agreement that, before any Inventory is to be delivered to the Facility, that the parties shall have executed and ratified the Commodatum Agreement before a Mexican Public Notary in a form reasonably acceptable to the parties hereto.

Related to Commodatum Agreement

  • Consortium Agreement means this consortium agreement as well as the pre-amble and all annexes hereto;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • petroleum agreement means any agreement, license, contract or other arrangement between the Government and a contractor to conduct upstream petroleum operations in accordance with the provisions of this Act, and may include ─

  • Addendum Agreement is defined in Section 8.2.

  • Construction Services Agreement means this Construction Services Agreement, together with any duly authorized and executed amendments hereto.