Rights in Equipment Sample Clauses

Rights in Equipment. Upon the execution and delivery by Lessee of Lease Agreement Supplement relating to an Item of Equipment and satisfaction of the other applicable conditions precedent set forth in Section 3, Lessor shall have good and marketable title to such Item of Equipment subject only to Permitted Liens and Lessor Liens and shall be obligated to pay or reimburse Lessee in full for the Acquisition Cost of such Item of Equipment in accordance with the provisions of this Agreement and the Assembly Agency Agreement, provided that nothing in this Section 4.7 shall affect in any manner the respective rights and obligations of Lessor and Lessee under the Lease Agreement or shall reduce or diminish any claim or remedy for damages which Lessor or Lessee might assert for any breach or violation of the terms of the Lease Agreement or of this Agreement.
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Rights in Equipment. The Equipment is and shall remain the sole and exclusive responsibility and property of Licensee. Within thirty (30) calendar days after the expiration or termination of a Site License, Licensee shall remove all of its Equipment in a workmanlike manner without any injury, interference, damage or destruction to the, Property or its operations, and Licensee shall restore the Property to substantially the same condition it was in as of the commencement date of the related Site License, normal wear and tear excepted. In the event Licensee fails to remove its Equipment from the Property within thirty (30) days of the termination or expiration of this License, then OUC shall provide to Licensee written notice, and Licensee shall have an additional fifteen (15) days in which to vacate the Property. If Licensee fails to comply within fifteen (15) days of its receipt of such notice, then OUC, in its sole discretion, shall have the right to presume that Licensee has abandoned its Equipment, which can be sold or disposed of by OUC or OUC can remove the Equipment and charge Licensee the reasonable costs of removal and storage.
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Rights in Equipment. Any Party may provide Equipment to another Party for purposes of joint research, development, test and evaluation. Unless otherwise specified, each Party shall retain title to all Equipment to which it held title prior to the Effective Date of this Agreement or that it purchased for purposes of this Agreement. Any directions regarding the return or disposal of Equipment after test and evaluation activities are completed shall be included in the Statement of Work in Appendix A. All Equipment intended for use under this Agreement will be listed by the appropriate Party in Appendix B spreadsheet and Appendix C. The Party providing Equipment hereby asserts that it owns or possesses sufficient property rights in the Equipment for the test and evaluation activities conducted under this Agreement.
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Rights in Equipment. Without express written permission by DHS S&T, Local Collaborator shall ensure that neither it nor its state and local government entities/partners re-distribute, disseminate, loan or lose possession of the flood sensors.
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Rights in Equipment. Upon the execution and delivery by Obligor of an Equipment Agreement Supplement relating to an Item of Equipment and satisfaction of the other conditions precedent set forth in Section 3.1 hereof, Obligee shall have all rights and interests in such Item of Equipment and shall be obligated to pay Obligor in full for the Acquisition Cost of such Item of Equipment in accordance with the provisions of this Agreement; provided, that nothing in this Section 4.4 shall affect in any manner the respective rights and obligations of Obligee and Obligor under the Equipment Agreement or shall reduce or diminish any claim or remedy for damages which Obligee might assert for any breach or violation of the terms of the Equipment Agreement or of this Agreement. Obligor hereby transfers, grants, sells, and assigns to Obligee, its successors and assigns, all of Obligor's rights and interest in and to the various agreements, contracts, warranties, purchase orders and requisitions relating to the purchase, procurement, design and assembly of each Item of Equipment. Notwithstanding the foregoing assignment, Obligee shall not be deemed to have assumed any liability to any equipment vendor by virtue of this Agreement, Obligee's only obligation with respect to any Item of Equipment hereunder being to finance such Item in accordance with the terms of the Operative Documents.
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Rights in Equipment 
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Related to Rights in Equipment

  • Property and Equipment All property and equipment purchased by CONTRACTOR with funds received under this Agreement, or purchased on behalf of CONTRACTOR for the program site(s) covered under this Agreement, shall be insured by CONTRACTOR at replacement value against fire, theft, and destruction equal to the full replacement cost.

  • Leased Equipment The risk of loss or damage to leased equipment, goods or property shall not transfer to the University except as provided in §680.219, Florida Statutes. Any security interest in the leased equipment, goods or property granted to the Contractor contrary to AGO 79-72 and AGO 80-9 is null and void. Limitations of remedies provisions, which are unconscionable under applicable Florida law, are void. MATERIAL SAFETY DATA SHEET (MSDS). In compliance with Florida Statutes, Ch. 442, a Material Safety Data Sheet (MSDS) must accompany any applicable item delivered under this Agreement.

  • Fixtures and Equipment Each of the Company and its Subsidiaries (as applicable) has good title to, or a valid leasehold interest in, the tangible personal property, equipment, improvements, fixtures, and other personal property and appurtenances that are used by the Company or its Subsidiary in connection with the conduct of its business (the “Fixtures and Equipment”). The Fixtures and Equipment are structurally sound, are in good operating condition and repair, are adequate for the uses to which they are being put, are not in need of maintenance or repairs except for ordinary, routine maintenance and repairs and are sufficient for the conduct of the Company’s and/or its Subsidiaries’ businesses (as applicable) in the manner as conducted prior to the Closing. Each of the Company and its Subsidiaries owns all of its Fixtures and Equipment free and clear of all Liens except for (a) liens for current taxes not yet due and (b) zoning laws and other land use restrictions that do not impair the present or anticipated use of the property subject thereto.

  • Capital Equipment Collaborator’s commitment, if any, to provide ICD with capital equipment to enable the research and development activities under the Research Plan appears in Appendix B. If Collaborator transfers to ICD the capital equipment or provides funds for ICD to purchase it, then ICD will own the equipment. If Collaborator loans capital equipment to ICD 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 ICD will not be liable for any damage to the equipment.

  • Supplies and Equipment The Union and employees will not use state-purchased supplies or equipment to conduct union business or representational activities. This does not preclude the use of the telephone for representational activities if there is no cost to the Employer, the call is brief in duration and it does not disrupt or distract from the Employer’s business.

  • Furniture, Fixtures and Equipment Sublessee shall have the right to use during the Term the office furnishings and equipment within the Subleased Premises that are identified on Exhibit C attached hereto, as such exhibit may be adjusted by mutual agreement of the parties prior to the Third Floor Premises Delivery Date (the “Furniture”), provided Sublessee may only use the Furniture located in the Second Floor Premises after the Second Floor Commencement Date. The Furniture is provided in its “AS IS, WHERE IS” condition, without representation or warranty whatsoever. Sublessee shall insure the Furniture under the property insurance policy required under the Master Lease, as incorporated herein, and pay all taxes with respect to the Furniture. Sublessee shall maintain the Furniture in good condition and repair, reasonable wear and tear excepted, and shall be responsible for any loss or damage to the same occurring during the Term. Sublessee shall surrender the Furniture to Sublessor upon the termination of this Sublease in the same condition as exists as of the applicable Delivery Date, reasonable wear and tear excepted. Sublessee shall not remove any of the Furniture from the Subleased Premises. Notwithstanding anything to the contrary herein, Sublessee may provide Sublessor with written notice one (1) time not less than forty-five (45) days prior to the Third Floor Premises Delivery Date that lists any items of Furniture that Sublessee does not want to use and Sublessor shall, at no cost to Sublessee, remove such items from the Subleased Premises prior to the Third Floor Premises Delivery Date and such items shall no longer be considered Furniture hereunder. Notwithstanding the foregoing, provided Sublessee is not in default beyond the expiration of any applicable cure or grace period as of the date of the expiration or earlier termination of this Sublease, which condition may be waived by Sublessor in its sole discretion, then upon the expiration or earlier termination of this Sublease, the Furniture shall become the property of Sublessee, and Sublessee shall accept the same in its “AS IS, WHERE IS” condition, without representation or warranty whatsoever except as provided in the Bill of Sale referred to in the following sentence. In the event the Furniture is to become the property of Sublessee upon the expiration or earlier termination of this Sublease pursuant to the terms of the immediately preceding sentence, then Sublessor agrees to execute and deliver to Sublessee a Bill of Sale in the form of Exhibit D attached hereto conveying and transferring to Sublessee the Furniture.

  • Title to Equipment Title shall vest in the Contractor to all equipment purchased hereunder.

  • Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.

  • Plant and Equipment The plants, structures and ------------------- equipment of the Company are structurally sound with no known defects and are in good operating condition and repair and are adequate for the uses to which they are being put. None of such plants, structures or equipment are in need of maintenance or repairs except for ordinary, routine maintenance and repairs which are not material in nature or cost. The Company has not received notification that it is in violation of any applicable building, zoning, anti- pollution, health or other law, ordinance or regulation in respect of its plants or structures or their operations.

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