Common use of Equipment in Good Working Order Clause in Contracts

Equipment in Good Working Order. Customer shall be responsible for delivering all Equipment that is not Acquired Hardware to the Facility and such Equipment shall be in good working order and suitable for use in the Facility. Customer is responsible for all risk of loss or damage to the prior to Compute North receiving the Equipment at the Facility, regardless of whether such Equipment is delivered by the Customer or Acquired Hardware. Customer shall be responsible for all costs associated with the troubleshooting and repair of Equipment received in non-working order, including parts and labor at Compute North’s then-current rates. Compute North is not responsible in any way for installation delays or losses as a result of Equipment not in good working order upon arrival at Facility.

Appears in 3 contracts

Samples: Master Agreement (Sphere 3D Corp.), Master Agreement (BitNile Holdings, Inc.), Master Agreement (Lm Funding America, Inc.)

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Equipment in Good Working Order. Except with respect to Acquired Hardware, Customer shall be responsible for delivering all the Equipment that is not Acquired Hardware to the Facility and such Equipment shall be in good working order and suitable for use in the Facility. Customer is responsible for all risk of loss or damage to the prior to Compute North receiving the Equipment at the Facility, regardless of whether such Equipment is delivered by the Customer or Acquired Hardware. Customer shall be responsible for any and all costs associated with the troubleshooting and repair of Equipment received in non-working order, including parts and labor at Compute North’s then-current rates. Compute North is not responsible in any way for installation delays or losses loss of profits as a result of Equipment deemed not to be in good working order upon arrival at Facility.

Appears in 1 contract

Samples: Master Agreement (Fourth Wave Energy, Inc.)

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