Hypercom Equipment definition
Examples of Hypercom Equipment in a sentence
In the event Hypercom Equipment requires repair, upgrading or calibration or has exceeded its useful life, Venture shall notify Hypercom of such and Hypercom shall reimburse or replace such Hypercom Equipment.
Venture shall perform, at the Facility, all routine installation, testing, repair and maintenance of Hypercom Equipment and all inspection and testing of Hypercom Material.
Without limiting any obligations of Venture Section 23, Venture shall, at its cost, be responsible for safekeeping at its Facility all Hypercom Material and Hypercom Equipment, shall maintain the same in good condition and repair, and shall store the Hypercom Material and Hypercom Equipment at its Facility free of charge in a place that meets the requirements of this Agreement.
All such Hypercom Material and Hypercom Equipment, while in the possession and under the control of Venture, shall be at Venture’s risk.
In the event unique equipment is required to meet capacity requirements, MiTAC shall request additional Hypercom Equipment to be provided or reimbursement through NRE which shall not be unreasonably withheld by Hypercom.
Both parties recognize that such reimbursement shall only be for actual costs incurred relating to materially significant Hypercom Equipment.
Any amount paid directly to Prairie View on my behalf will be credited to my account.