Common use of Closeout of Equipment Clause in Contracts

Closeout of Equipment. 1. At the end of the term of a Contract that has no additional renewals or that will not be renewed (Closeout), or when a Contract is otherwise terminated, Grantee will submit to the SUD email box, XXX.Xxxxxxxxx@xxx.xxxxx.xxx, an inventory of equipment purchased with System Agency funds and request disposition instructions for such equipment. 2. All equipment purchased with System Agency funds must be secured by Grantee at the time of closeout or termination of this Contract, and must be disposed of according to the System Agency’s disposition instructions, which may include return of the equipment to System Agency or transfer of possession to another System Agency Grantee, at Xxxxxxx’s expense.

Appears in 5 contracts

Samples: Health and Human Services Commission Contract, Neonatal Abstinence Syndrome Medication Assisted Treatment Contract, Health and Human Services Commission Contract

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Closeout of Equipment. 1. At the end of the term of a Contract that has no additional renewals or that will not be renewed (Closeout), or when a Contract is otherwise terminated, Grantee will submit to the SUD email box, XXX.Xxxxxxxxx@xxx.xxxxx.xxx, XxxxxxxxxXxxxx.Xxxxxxxxx@xxxx.xxxxx.xx.xx an inventory of equipment purchased with System Agency funds and request disposition instructions for such equipment. 2. All equipment purchased with System Agency funds must be secured by Grantee at the time of closeout Closeout, or termination of this Contract, and must be disposed of according to the System Agency’s disposition instructions, which may include return of the equipment to System Agency or transfer of possession to another System Agency Grantee, at Xxxxxxx’s expense.

Appears in 1 contract

Samples: Co Occurring Psychiatric and Substance Use Disorders Services Contract

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