Facilities Inventory. Licensor shall have the right to require a jointly conducted physical inventory of Licensee’s Equipment on Licensor Structures and in Licensee Conduit upon ninety (90) days’ advance written notice. In such event, Licensor may select an independent contractor for the performance of such physical inventory through a competitive bid process. Licensee shall be permitted to supplement Licensor’s invitation to bid list to include contractors designated by Licensee. A jointly conducted physical inventory shall be taken no more frequently than once every three years. If the facilities of more than one joint-user are inventoried, each such joint-user shall contribute a proportionate share of the costs of such inventory. As an alternative to performance of the jointly conducted physical inventory, the Parties may, if mutually agreed, determine the number of attachments and feet of occupancy from existing maps and/or attachment records provided that such maps or records exist and provided that each Party agrees that results with reasonable accuracy can be achieved. If the Parties agree to this method, any maps and/or records belonging to one of the Parties and utilized to count attachments and Conduit occupancy shall be made available to the other Party and the number of attachments and feet of Conduit occupancy shall be determined through a mutual and cooperative effort of both Parties. The results of attachment and occupancy counts performed in this manner shall be treated, for the purpose of determining rentals and other charges due for unauthorized attachments, as if results were achieved by an actual jointly conducted physical inventory.
Facilities Inventory. (A) LICENSEE and Licensor acting in cooperation for purposes of rendering bills, shall tabulate the total number of LICENSEE attachments on Licensor poles and in Licensor conduits. This tabulation, shall be based on a perpetual inventory of permits.
Facilities Inventory. Prior to the Agreement effective date or first date of operations, the County and the Operator shall perform a joint facilities inventory, which will: -establish satisfactory confirmation of all equipment as set-out in Schedule “A”; -determine the operating condition of all capital equipment at the Business Premises. In no event shall either party remove, without the written permission of the authorized representative(s) of the other party, any capital or major equipment or facilities. No changes, renovations or capital improvements shall be made by the Operator to equipment, base building or the food service operation without the written permission of the County. It is the responsibility of the Operator to notify the County immediately if a piece of County-owned equipment becomes non-functioning or a safety hazard. The equipment identified on Schedule “A” is the property of the County and must be returned in good condition upon termination or expiration of the Agreement. Under no circumstances shall any of the County-owned equipment be removed from the premises.
Facilities Inventory
