Loaned Property Clause Examples

The 'Loaned Property' clause defines the terms under which one party temporarily provides property or equipment to another party for use. It typically outlines the responsibilities for care, maintenance, and return of the property, and may specify conditions such as duration of the loan, permitted uses, and liability for loss or damage. This clause ensures both parties understand their obligations regarding the borrowed items, thereby reducing the risk of disputes or misunderstandings about ownership, usage, and responsibility during the loan period.
Loaned Property. In the event of dissolution or termination of the Snohomish County 911, assigned or loaned assets shall be returned to the lending entity.
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Loaned Property. In the event of dissolution or termination of the Agency, assigned or loaned assets shall be returned to the lending entity.
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Loaned Property. The NMUSAF shall loan to the Borrower the historical property identified in the inventory report, which has been included in the loan package and is incorporated into this Agreement by reference as if fully rewritten herein (hereinafter the “Property”). The Borrower accepts the Property on an “as is, where is” basis, and the Lender makes no warranties, expressed or implied, as to the Property’s condition, fitness for any particular purpose, or other warranty of any kind.
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Loaned Property. The Lender will loan the objects or vehicles (“Property”) described in Appendix A herein and the Museum will exhibit the Property and perform such other undertakings as described below.
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Loaned Property. Consultant hereby acknowledges, agrees and covenants that any and all physical Company-owned property received by Consultant shall remain the sole and exclusive property of the Company. Upon any termination of this Agreement, or earlier request by the Company, Consultant shall immediately return such Company-owned property (including, without limitation, any Company laptop or mobile phone) to a designated Company representative.
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Loaned Property. In consideration of rents, covenants and agreements herein reserved and contained and to be performed by Village, MOA does hereby loan and permit the use of the following described artwork to be situated in Westland’s Park (“Park”) (See Appendix A) located at 0000 X. Xxxxxx Xx., Xxxxxxxxx Xxxxxxx, XX 00000.
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Loaned Property. If any Participating City provides equipment or furnishings for PORTAL AGENCY’S use, title to the same shall rest with the respective local entity unless that equipment or furnishing is acquired by the PORTAL AGENCY.
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Loaned Property. Consultant hereby acknowledges, agrees and covenants that any and all tangible and intangible Company-owned property received by Consultant pursuant to this Agreement and in conjunction with the Services to be performed hereunder, do belong to the Company. Upon any termination, Consultant shall immediately return such Company-owned property (specifically, but not limited to, the Company laptop and all cables and monitors associated thereto) to an authorized Company representative determined by Company to be in receipt thereof. Failure to return Company-owned property shall result in all necessary legal and equitable remedies for resolution by Company upon Consultant.
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Loaned Property. 8.1 In the event that one party loans the other party tools, equipment or products, as specified in a Statement of Work, (collectively, the "Loaned Property") solely for the other party's internal use in performing the development obligations under such Statement of Work, the other party may use the Loaned Property for development of deliverables and testing purposes, but may not, without the prior written consent of the other party, further distribute or use such Loaned Property for any other use, including use for third party projects. Such party shall return all such Loaned Property immediately to the owner upon the owner's request, or upon termination of this Agreement or the relevant Statement of Work. All Loaned Property shall remain the property of the owner. Each party understands and agrees that the Loaned Property is provided AS IS and each party disclaims any liability, warranty, express or implied, including the implied warranties of fitness for a particular purpose, merchantability and non-infringement of third party rights for the Loaned Property. The owner shall pay shipping costs for delivery of the Loaned Property to the other party who shall return all Loaned Property with shipping and insurance costs prepaid. The borrowing party shall maintain the Loaned Property in a safe location and in good working order (with assistance and support from the owner), shall keep the Loaned Property in confidence in accordance with Section 12.0 below, and shall fully insure the Loaned Property.
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Related to Loaned Property

  • Owned Property We do not cover property damage to property owned by any insured or any other resident of any insured's household. This includes expenses and costs incurred by any insured or others to repair, replace, restore or maintain such property to prevent injury to a person or damage to property of others, whether on or away from an insured location.

  • B8 Property Where the Client issues Property free of charge to the Contractor such Property shall be and remain the property of the Client and the Contractor irrevocably licences the Client and its agents to enter upon any premises of the Contractor during normal business hours on reasonable notice to recover any such Property. The Contractor shall not in any circumstances have a lien or any other interest on the Property and the Contractor shall at all times possess the Property as fiduciary agent and bailee of the Client. The Contractor shall take all reasonable steps to ensure that the title of the Client to the Property and the exclusion of any such lien or other interest are brought to the notice of all sub-contractors and other appropriate persons and shall, at the Client’s request, store the Property separately and ensure that it is clearly identifiable as belonging to the Client.

  • Abandoned Property If Tenant abandons the Premises, or is dispossessed by process of law or otherwise, any movable furniture, equipment, trade fixtures or personal property belonging to Tenant and left in the Premises shall be deemed to be abandoned, at the option of Landlord, and Landlord shall have the right to sell or otherwise dispose of such personal property in any commercially reasonable manner.

  • Mortgaged Property The real property securing repayment of the debt evidenced by a Mortgage Note.

  • Excluded Property Notwithstanding anything to the contrary in Section 2.1, the property, assets, rights and interests set forth in this Section 2.2 (the “Excluded Property”) are excluded from the Property: