Common use of Capital Equipment Clause in Contracts

Capital Equipment. Collaborator’s commitment, if any, to provide CDC with capital equipment to enable the research and development activities under the Research Plan appears in Appendix B. If Collaborator transfers to CDC the capital equipment or provides funds for CDC to purchase it, then CDC will own the equipment. If Collaborator loans capital equipment to CDC for use during the CRADA, Collaborator will be responsible for paying all costs and fees associated with the transport, installation, maintenance, repair, removal, or disposal of the equipment, and CDC will not be liable for any damage to the equipment.

Appears in 4 contracts

Samples: Public Health Service, Public Health Service, Public Health Service

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