Common use of TREATMENT OF ASSETS Clause in Contracts

TREATMENT OF ASSETS. Title to all property furnished by COMMERCE shall remain in COMMERCE. Title to all property furnished by the Contractor, for the cost of which the Contractor is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE upon delivery of such property by the Contractor. Title to other property, the cost of which is reimbursable to the Contractor under this contract, shall pass to and vest in COMMERCE upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE in whole or in part, whichever first occurs.

TREATMENT OF ASSETS. a. Title to all property furnished by COMMERCE the AGENCY shall remain in COMMERCEthe AGENCY. Title to all property furnished by the ContractorCONTRACTOR, for the cost of which the Contractor CONTRACTOR is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE the AGENCY upon delivery of such property by the ContractorCONTRACTOR. Title to other property, the cost of which is reimbursable to the Contractor CONTRACTOR under this contract, shall pass to and vest in COMMERCE the AGENCY upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE the AGENCY in whole or in part, whichever first occurs.

TREATMENT OF ASSETS. A. Title to all property furnished by COMMERCE the AGENCY shall remain in COMMERCEthe AGENCY. Title to all property furnished by the ContractorCONTRACTOR, for the cost of which the Contractor CONTRACTOR is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE the AGENCY upon delivery of such property by the ContractorCONTRACTOR. Title to other property, the cost of which is reimbursable to the Contractor CONTRACTOR under this contract, shall pass to and vest in COMMERCE the AGENCY upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE the AGENCY in whole or in part, whichever first occurs.

TREATMENT OF ASSETS. Title to all property furnished by COMMERCE shall remain in COMMERCE. Title to all property furnished by the Contractor, for the cost of which the Contractor is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE upon delivery of such property by the Contractor. Title to other property, the cost of which is reimbursable to the Contractor under this contract, shall pass to and vest in COMMERCE upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE in whole or in part, whichever first occurs. herein or approved by COMMERCE, be used only for the performance of this contract.

TREATMENT OF ASSETS. Title to all property furnished by COMMERCE shall remain in COMMERCE. Title to all property furnished by the Contractor, for the cost of which the Contractor is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE upon delivery of such property by the Contractor. Title to other property, the cost of which is reimbursable to the Contractor under this contract, shall pass to and vest in COMMERCE the AGENCY upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE in whole or in part, whichever first occurs.

TREATMENT OF ASSETS. 1. Title to all property furnished by COMMERCE DES and/or Purchaser shall remain in COMMERCEDES and/or Purchaser, as appropriate. Title to all property furnished by the Contractor, for the cost of for which the Contractor is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE the Purchaser upon delivery of such property by the ContractorContractor and Acceptance by the Purchaser. Title to other property, the cost of which is reimbursable to the Contractor under this contractContract, shall pass to and vest in COMMERCE the Purchaser upon (i) issuance for use of such property in the performance of this contractContract, or (ii) commencement of use of such property in the performance of this contractContract, or (iii) reimbursement of the cost thereof by COMMERCE the Purchaser in whole or in part, whichever first occurs.

TREATMENT OF ASSETS. Title to all property furnished by COMMERCE THE BOARD shall remain in COMMERCETHE BOARD. Title to all property furnished by the Contractor, for the cost of which the Contractor is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE THE BOARD upon delivery of such property by the Contractor. Title to other property, the cost of which is reimbursable to the Contractor under this contract, shall pass to and vest in COMMERCE THE BOARD upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE THE BOARD in whole or in part, whichever first occurs.

TREATMENT OF ASSETS. ‌ Title to all property furnished by COMMERCE shall remain in COMMERCE. Title to all property furnished by the Contractor, for the cost of which the Contractor is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE upon delivery of such property by the Contractor. Title to other property, the cost of which is reimbursable to the Contractor under this contract, shall pass to and vest in COMMERCE upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE in whole or in part, whichever first occurs.

TREATMENT OF ASSETS. Title to all property furnished by COMMERCE shall remain in COMMERCE. Title to all property furnished by the ContractorGrantee, for the cost of which the Contractor Grantee is entitled to be reimbursed reimbursed, as a direct item of cost under this contract, shall pass to and vest in COMMERCE upon delivery of such property by the ContractorGrantee. Title to other property, the cost of which is reimbursable to the Contractor Grantee under this contract, shall pass to and vest in COMMERCE upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE in whole or in part, whichever first occurs.

TREATMENT OF ASSETS. Title to all property furnished by COMMERCE the Purchaser shall remain in COMMERCEthe Purchaser. Title to all property furnished by the Contractor, for the cost of which the Contractor is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE the Purchaser upon delivery of such property by the Contractor. Title to other property, the cost of which is reimbursable to the Contractor under this contract, shall pass to and vest in COMMERCE the Purchaser upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE the Purchaser in whole or in part, whichever first occurs.

TREATMENT OF ASSETS. This section is superseded by Program Specific Terms and Conditions #3. Title to all property furnished by COMMERCE shall remain in COMMERCE. Title to all property furnished by the ContractorGrantee, for the cost of which the Contractor Grantee is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE upon delivery of such property by the ContractorGrantee. Title to other property, the cost of which is reimbursable to the Contractor Grantee under this contract, shall pass to and vest in COMMERCE upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE in whole or in part, whichever first occurs.