Common use of Equipment and Materials Provided by or for Use by VEIC Clause in Contracts

Equipment and Materials Provided by or for Use by VEIC. All property, equipment or materials, including customized computer software, purchased directly by VEIC or furnished to the Contractor by VEIC, under this Contract, is provided on a loan basis only and remains the sole property of VEIC. Property or equipment purchased by Contractor to perform this Contract shall be the sole property of the Contractor unless specified otherwise in this Contract.

Appears in 5 contracts

Samples: Contract Agreement, Contract Agreement, Contract Agreement

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