Common use of Lease and Removal of Voghera Assets Clause in Contracts

Lease and Removal of Voghera Assets. The Voghera Assets shall remain at the Voghera Facility and Supplier shall, subject to the terms and conditions set forth in this Article V, lease the Voghera Assets from Purchaser for the Term (the “Lease”). Within 90 days after the last day of the Term, Purchaser shall remove, at its expense, and shall be solely responsible for removing, the Voghera Assets from the Voghera Facility (the “Transfer Date”). Purchaser shall provide Supplier with written notice of the Transfer Date at least 60 Business Days prior to the Transfer Date. If the Voghera Assets shall not be removed on or prior to the Transfer Date, Purchaser shall reimburse Supplier all costs and expenses incurred by Supplier on account of maintaining and storing the Voghera Assets at the Voghera Facility, and any other incidental, consequential or other damages or losses incurred by Supplier as a result of such non-removal until Purchaser removes the Voghera Assets. Notwithstanding the preceding sentence or anything else in this Agreement to the contrary, Supplier shall have no responsibilities or obligations of any kind, including, without limitation, as to operation, storage, insurance or maintenance, with respect to the Voghera Assets after the Transfer Date.